Fleeing the ... suburbs?

October 2, 2007
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LexingtonAugust Mack Environmental said today it will move its corporate headquarters from Castleton to downtown's Lexington at Meridian. The Indianapolis-based environmental consulting company plans to take 16,200 square feet in the former home of VanAusdall & Farrar Inc., joining Brown Mackie College, which is taking 25,500 square feet. Brokers say such a migration, away from the suburbs, is rare and should bode well for the downtown office market. The Lexington, which is undergoing a $10-million renovation by Shiel Sexton, offers some of the perks of suburban offices, including parking on site. The building now is 100 percent leased, with the project a couple of months away from completion. Shiel also plans to build new office space surrounding the historic building. The space was marketed by Colliers Turley Martin Tucker.
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  • awesome!
  • Is there any idea of what additional office space Shiel plans to build?
  • Sweet! This is awesome news to hear, now if only more suburban companies as well as retailers AND residents would move downtown too...

    Also, perhaps it's just me but this building looks A LOT like the one AUL just got done renovating. The Gibson Building i believe. Which is a great thing!
  • berwickguy -- I think the additional office space is the two-story building to the right in the rendering (is that true Cory?). I just looked at an overhead shot of the area and it looks like there used to be some smaller buildings attached to the main 4-story building, but I'm pretty sure they were torn down at the beginning of the project and that's just dirt right now.

    Impressive that they preleased 100% of this thing.
  • On the topic of suburbs, but not related to this migration at all, any news on River Crossing at 96th Street & Allisonville? Earth movers were performing pre-work last spring, but no activity since.

    I thought I read there were more approvals that needed to occur. So what's the status? Anyone?
  • Sorry. Correction....River Place. Not River Crossing.
  • Fantastic news. More of this needs to happen. BTW, anyone have up-to-date and accurate information on downtown employment numbers?
  • This is great news! Now I'd like to see some other companies move Downtown. It'd be great if a higher profile company like Finish Line would set up shop downtown.
  • What do you think it would take to get a company like Marsh or Finish Line to move downtown? You think the larger the company the closer they'd want to be to the heart of the city, near nice hotels, restaurants and the airport.
  • PS. I'm aware both Marsh and Finish Line aren't too secure right now financially. So putting that aside.
  • What? I'm not sure I can fully comprehend such a move...in Indianapolis?! And in a renovated building no less! Maybe it'll set a trend? Methinks that's wishful thinking, but at least this is a start...
  • Cory, do you know the last time new MTOS was built in downtown?
  • When they say on site parking, I'm hoping they mean behind the building. Last thing I want to see is suburban look buildings surrounded by parking lots popping up downtown. Walk-up friendly buildings in downtown I think are very important.
  • MTOS? Educate me. Thanks!
  • MTOS = multi tenant office space
  • thanks!
  • Good question, Jimmy. I think it's been at least five years.
  • Wasn't the new Simon Building a MTOS?

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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