IBJNews

Rolls-Royce eyeing former Lilly campus downtown

Back to TopCommentsE-mailPrintBookmark and Share

Rolls-Royce Corp. said Monday it will relocate some of its 2,500 office employees to the former Eli Lilly and Co. campus on South Meridian Street downtown if the manufacturer and the pharmaceutical firm can strike a deal.

Discussions are likely to take several months, John J. Gallo, executive vice president of Rolls-Royce’s business operations, said in a prepared statement.

“In Indianapolis, Rolls-Royce has office staff spread across multiple facilities,” he said. “Consolidating office staff in a single location would reduce the overall operating cost to our company and provide a significant boost to our ongoing efforts to create a competitive environment for the future.”

Lilly moved 1,000 employees from its Faris campus on South Meridian Street to its Lilly Corporate Center complex on McCarty Street beginning in late June.

Lilly’s ongoing staff cuts reduced its need for the Faris space, and the company wants to locate its employees on the same campus as part of a new business structure.

Lilly began construction on its $58 million Faris campus in 2001 with development partner Kite Realty Corp. It opened in late 2002. The campus includes the renovated Faris and Brougher buildings, a new 150,000-square-foot office building and a 1,550-space parking garage—all on or near Meridian Street between Merrill and South streets.

The company hired CB Richard Ellis to lease the 465,000 square feet on the Faris campus.

Rolls-Royce’s Indianapolis manufacturing facility employs about 4,300, making the British aerospace firm the city’s second-largest manufacturer behind Lilly.

ADVERTISEMENT

Post a comment to this story

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

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  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!

ADVERTISEMENT