The real estate community has been buzzing of late about the intrigue surrounding a new FBI field office planned for Castleton.
What do you think? As IBJ reported, the U.S. General Services Administration awarded the $38-million project to a Missouri-based
firm founded by a 12-year veteran of the GSA. The firm does not yet control the property. The FBI plans to lease the complex,
which would be built north of 86th Street and east of Allisonville Road, for $54.2 million over 15 years. UPDATE: You now
can read the story online, as part of today's IBJ Daily here.








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Government officials agreed to a 15-year lease of three privately owned buildings to be built on 11.5 acres northeast of 86th Street and Allisonville Road. The Federal Bureau of Investigation expects to move into the new facility by late 2008.
This state-of-the-art facility will help the FBI effectively serve the residents of Indianapolis, and the entire state of Indiana, well into the future, Special Agent in Charge Keith L. Lourdeau said.
Facing an increase in duties and responsibilities, officials announced in November that the FBI's current home, the Minton-Capehart Federal Building, 575 N. Pennsylvania St., no longer meets the agency's security and space needs.
Our operation center here is fairly antiquated, Lourdeau said.
The agency's about 120 agents and support staff currently occupy offices and facilities on several floors, totaling about 55,000 square feet. James C. Handley, regional manager for the U.S. General Services Administration, said other federal agencies would fill the vacated offices.
The three buildings will cost $38 million to construct, but the government will pay $54.2 million during 15 years for rent and maintenance of the facilities. Because it will remain privately owned, the owners will pay local property taxes.
The facilities will feature environmentally friendly construction methods and materials, said GSA's chief regional architect Robert Theel.
Natural light from big windows will mean fewer light bulbs; carpets will be made of recycled materials; and all equipment will be energy-efficient, Theel said.
Construction is scheduled to begin this fall. The contract was awarded to BC Development Company of Kansas City, Mo. The development team includes Meyer Najem Construction of Indianapolis as general contractor.
BC's design will give the FBI about 110,000 square feet of space at its new location and the capability of expanding the office building by 35 percent if needed.
BC operates five lease-construction facilities for federal agencies in four states, including an FBI field office in Birmingham, Ala., and a FBI field office in Jacksonville, Fla.
The FBI's Indianapolis field office was formerly located in the 1200 block of North Pennsylvania Street. Operations moved Downtown to the Minton-Capehart Building after construction was completed in 1974.