Monarch building new headquarters

April 23, 2008
Back to TopCommentsE-mailPrintBookmark and Share
Pendleton Pike Drive-InLocally based Monarch Beverage Co. plans to transform a vacant drive-in theater in Lawrence into its new headquarters. The theater would be replaced with nearly 1 million square feet of new office, warehouse and distribution space under plans filed this month. The state’s largest beer and wine distributor has outgrown its home along Interstate 465 just east of the airport and has been looking for new digs for a year. IBJ first reported Monarch's interest in the Lawrence site in a story last month. Monarch plans to spend about $45 million on the new facility, which would serve as a home base for more than 600 employees. A site plan shows a first-phase of 510,000 square feet and a second-phase of 450,000 square feet. The 93-acre site, along Pendleton Pike just east of Post Road, has been vacant since 1993 and once was targeted for a horse-racing track. It is owned by Estridge Development Co.
ADVERTISEMENT
  • Great investment for the area, will fill in another empty spot. Good news for the city that they decided to stay in Marion County.
  • Really good news for Lawrence's Redevelopment/TIF area and Pendleton Pike. Or is it Lawrence Parkway now?
  • What kind of tax abatements/government help are they receiving?
  • Sophia: The deal seems quite generous. Lawrence is offering Monarch a 10-year tax abatement worth several million dollars, along with funds from tax increment financing for infrastructure improvements.
  • Should saved some bucks and built a Starbucks...
  • There's some activity up at 96th & Meridian you might have missed... New Paradise Bakery, New McAllister's, New Lifestyle Fitness, and a McDonald's that was there one day and completely demolished the next.
  • The French family grew up about 2 minutes from that site. I think eddie III spent some time at that drive in. :)
  • Agree, just saw the demolished mcdonalds yesterday, I hope when they build it back they build it with alot more character and more to the design of the new mcalisters or the all brick townhomes that are right next door, and they could always go with the trend of everyone else and build an office or condos over a mcdonalds, or if not that give it a green roof with some trees on top.

Post a comment to this blog

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT
  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

ADVERTISEMENT