Boca Raton, Florida-based Silver Companies is set to officially enter Indiana’s luxury residential market this September with the opening of Silver Collection at Saxony, a 362-residence resort-style apartment community located at 13450 Dockside Drive in Fishers, Indiana.
The opening marks the debut of the firm’s signature “Silver Collection” brand in the state. To mark the occasion, Silver Companies will host a three-day grand celebration Sept. 15–17 featuring live music, national recording artists, cirque-style performers and local university marching bands.
A Third-Generation Enterprise Built on Internal Equity
Founded in 1941 by Carl D. Silver, Silver Companies has evolved over more than eight decades into a multifaceted real estate power, developing tens of millions of square feet of retail, office, industrial, land and senior housing. Now led by third-generation leadership, President Spencer B. Silver emphasizes that the family-owned foundation fundamentally alters how the firm builds and operates.
“We’ve developed over 12 million square feet of retail, 60,000 single-family home lots and 10,000 multifamily units,” Silver said. “We build all equity up front with no construction loans. It’s 100% our equity.”
Because the development is funded entirely through internal equity, Silver noted that the business prioritizes attention to detail and long-term ownership over quick turnovers. “They’re legacy holdings,” Silver explained. “We’re not filling it up and selling it. We want people to enjoy where they live and stay there.”
Resort-Style Amenities and Construction Quality
Silver Collection at Saxony features one-, two- and three-bedroom residences engineered under the firm’s “Silverized Guarantee” — a 100-plus-point quality control checklist ensuring every unit is move-in ready. Designed to bridge luxury apartment living with high-end hospitality, the enclave’s features include:
- 20,000-Square-Foot Clubhouse: The largest in the Silver Collection brand to date, housing high-end co-working spaces with private conference rooms and a luxury fitness center complete with a steam room and sauna.
- Resort Grounds: An oversized saltwater pool, private sunbathing cabanas, a pickleball court, walking trail connections and outdoor gathering spaces.
- Pet Spa & Park: Dedicated pet spa and on-site dog park designed to accommodate pet-friendly living.
- Signature Hospitality Services: Daily complimentary breakfast with a premium bean-to-cup coffee café station, alongside full-time, on-site entertainment directors tasked with curating weekly community events.
“It’s like living at a resort or living on a cruise ship,” Silver said. “Our entertainment directors often have a background on a cruise ship or resort. They really help engage it as a community where your whole place is an extension of your home.”
The community also targets established professionals and empty nesters seeking a high-amenity lifestyle without homeownership maintenance. “We have a significant amount of young professionals, but we also have 40% to 45% of our residents in the 45-to-65 demographic,” Silver added. “These are renters by choice.”
Deep Roots and Central Indiana Expansion Plans
While Silver Collection at Saxony is the first multifamily development built by Silver Companies in Indiana from the ground up, the firm’s history with the state spans nearly 40 years. The company began operating locally four decades ago by developing convenience store-anchored shopping centers in the Indianapolis region before expanding into residential land and property acquisitions.
“We started business in Indiana almost 40 years ago,” Silver noted. “Indiana is very consistent. Unlike flashy boom-bust markets, Indiana’s growth pattern has stayed steady and only continued to go up. It’s one of the best places for us to do business.”
With the opening of the Saxony site — which Silver calls “probably our best location in the whole portfolio” — the firm views Fishers as a launching pad for wider regional growth.
Rather than building isolated one-off developments, Silver Companies aims to create a broader operational footprint across Central Indiana. Expansion plans target high-growth submarkets including Noblesville, Westfield, Carmel and potentially West Lafayette.
“We don’t go anywhere just to do one project,” Silver said. “We want to be in northern Indy for the long run. We see this site as the first of many as we bring a new level of luxury to apartment living in Indiana.”
For more information, prospective residents and guests can visit silvercollectionatsaxony.com.
