Stutz Tower vision takes shape

May 15, 2008
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Stutz TowerThe developer behind Stutz Business Center is pushing forward on plans for a tower at the southeast corner of Senate Avenue and 11th Street. The project could be as tall as 18 stories and cost as much as $40 million, said Anne Jester, a spokeswoman for the developer, locally based Turner Woodard. Details are not finalized, and neither is financing, she said. The goal is to start construction by 2010 and complete the retail and residential project by 2012. The new building would replace a one-story cinder-block building with a LEED-certified tower. Turner Woodard has details of the project here.
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  • Very impressive. Glad to see more LEED construction going on in this city. I hope they can pull this off. This would look very nice coming down I-65 from the Northwest.
  • This is a fairly attractive building. :-) I like everything except for the treatment of the parking garage at the bottom. It just sticks out as a big white box. I like the decorative elements on the spires. The building will look very interesting right next to the highway. The south view will be fairly similar to that of the 6th floor of the new Central Library, which just means it will be a nice place to live!
  • Looking at this building I immediately think it looks like a combination of the Simon Tower and the Pagoda Tower at the Speedway.

    Not all that original, in my opinion.
  • If you read the main website on this project, those spires, and you can see them on the other side of the exisiting building, are actually windmills. Their are not as gawdy as the 1st generation windmills, and this allows it to capture wind from any direction. I like that it mimicks the Chase tower in the background as well with the spires. I think its a great project and hope it succeeds. Just wish it wouldn't take until 2012 and that Construction could start sooner.
  • Boy, I hope Turner can pull this one off!
  • Wouldn't this project actually be on the Northease corner of Senate and 10th, not senate and 11th?

    Senate and 10th is where there is a 1 story brick building that is part of the stutz business center, if it was built at senate and 11th they would be building it in the middle of I-65.

    Like the plans, agree that the parking garage component could be combined into the design better, why don't more developments put the parking garages underground rather than on the surface, that would allow for more actual space to be above ground, they could then incorporate some office space into the building as well to have a truly mixed use building.

    Also it would be great if they could find a way to incorporate the bricks of the current structure into the new project, most likely not on the building itself as they don't match the new contemporary design, but possibly incorporate them in the sidewalk, landscaping, etc, or use some of them around the 1st floor of the parking garage structure to keep a bit of history and help this new stutz tower incorporae with the stutz center as a whole.
  • Matt, thanks for your post. You're right, it's definitely not northeast. I'm pretty sure the site is southeast of 11th and Senate. On Google Street View, you can see the plain one-story building the project would replace.
  • Most of the newer developers are not building the garage underground, one for cost purposes and possibly ity infrastructure that could be tunneled underneat a lot of these older buildings.

    Second, other projects havd added the garage to the first few floors to add height to the projects. Thats the same reason the Shearton Downtown was build with 4 floors of garage above ground, to add height.

    At least these are the reasons another developer mentioned to me that was working on the site near the Luke.
  • Congrats to the the developer, not pleaseed with the garage either but at least the tower looks like Franfurt Germany and not Franfort Indiana.
  • My first thought was of the pagoda at the speedway also. Overall l think it looks nice. Just lose the ugly typography on the front.
  • Hate to be pessimistic, but I don't see how this is viable. The developer states on its website that it will have 2-4 floors of office space, nine floors of two and three bedroom condos (eight per floor) and 6 penthouses. With a total construction cost of as much as $40M.

    Best case scenario, they could get $15-19 a square foot, and at 17,200 per floor that's only $1.0 to 1.3 Million a year, at maximum occupancy.

    They would have to generate at least $25 to $30M (if not substantially more) from the initial sale of the condos to make this work, and with 72 units that's an average price of $350K to $415 per unit. Doesn't seem viable. No one has successfully sold a building of this scale in that price range in Indy.
  • I'm leery about this LEED standard. It's not cheap building to meet LEED's strict qualifications - and what grade will it be? There's silver, gold, platinum etc -
  • Looks like an IKEA.
  • IKEA? Where do you come up with that? Be realistic here. I think it would be a great development for Indy. Indy lacks a lot of development despite its huge amount of potential.
  • Levi,
    You may want to add the first floor retail and parking garage revenues into your calculations.
    It still makes it a stretch, but they state that condo prices would start in the mid 200's. With that, average condo prices could easily be in the mid 300's, which is not outrageous for downtown.
  • In a recession, developers and architects have nothing else to do but dream, scheme, draw and whet the appetite of well-wishers. I'm still waiting on that Grain-Dealer hotel development, So-Do(pey) and about 15 other 'projects' to show evidence of any movement. By the way, for the person that said the old INB tower is on schedule with the facade replacement----not until the insurance co's figure it out. Those scaffolds haven't moved in weeks. This Stutz Tower will be completed when they start remanufacturing the Bearcat with a rumble seat.
  • Indy: high water table. In most places here it's less than 30 feet to water from the surface. Thus underground parking = underwater parking.

    One of the extremely costly and time-consuming aspects of building the deep underground (parking garage) portion of the original WTC (Twin Towers) was the bathtub, which is essentially a high-strength concrete seal around the underground garages and subway station to keep water out. That kind of mega-project can afford such expense.
  • Looks to me like Buckingham is going to have to duke it out with the Stutz for clients ... perhaps this is could jumpstart a more competitive atmosphere in the downtown core, and maybe we'll see more amenities, differentiated architecture, and some entruiging entreprenuership as a result ... maybe
  • I really like this development and design We placed in the city and nicely designed. Sadly I don't think it wil happen and what makes it even more sad is it won't happen for those very reasons. I don't see that they are asking for a ton of money from the city to do this development and by not asking for tax dollars it keeps city government out of the control loop, which they hate. Given, that they won't have the chance to dumb down the design. And, why would we believe the city would not say this building to tall for the area. Zoning already told a developer they couldn't building a 22 story building 2 blocks from the Luke...but instead we got interstate exit ramp Holiday Inn Expresses.
    The placement of the building isn't even close to anything over 10 stories, therefore...they will deem it out of scale for the area.

    Nice idea and plan though. But, if the city can't ruin it they won't let it happen.
  • The developer's page contains spelling errors.

    The vast bulk of all LEED buildings I've been in have been Silver level.

    I can't image a project like this getting financing in the current environment.

    The scale and density are right for that area of downtown. However, that design is average at best. Among the problems that haven't been noted are that the proportions of major building segments are such that this looks like a much taller building that somehow got its growth stunted or had 15-20 floors whacked out of the middle of it.

    Aren't there a bunch of artists in the Stutz Building? Maybe some of them could put their services towards a dramatically improved design.
  • Urbanophile brings up a good point--there are talented designers in the Stutz Building, including Storrow Kinsella Associates. John Kinsella is a principal urban design/planner who has worked along side such greats as Eero Saarinen, John Dinkeloo, Kevin Roche, and Paul Rudolph.
  • I agree it does look like its lost a few floors, seems kind of squat. Overall, not too bad a design it will look good from I-65. Love to see more projects like this get off the ground.
  • love it - i really hope it gets built. the large letters make it look retro but its also
    very modern. they pull it off very well
  • The site is on the northwest corner - 11th and Senate. It will not replace the one story section at 10th and Senate, it will replace the G building that is currently used as warehouse space.
  • Northwest corner of the Stutz complex. Southeast corner of 11th and Senate.

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