Duke put major stamp on Indianapolis real estate market

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6 thoughts on “Duke put major stamp on Indianapolis real estate market

    1. Micah, the 28-story BMO Plaza is the sixth tallest building in Indianapolis and seventh tallest in Indiana. And 8888 Keystone Crossing is the 27th tallest building in the area.

    2. And yet, neither would be considered skyscrapers by the construction or development industries.

    3. I think covid has forced companies to think different about skyscrapers but they’re still being built in other major cities. I think if you built a truly mixed use building, you could get over 20 stories or higher easy. Retail on the first two, office space on the next 5 and apartments for the employees on the next 13. This is just an example of how I think Indy could build higher.

    4. I don’t understand why there continue to be persistent requests for skyscrapers. There are significant considerations developers review when putting together a proforma for a building. Duke is/was one of the many proficient developers in the central Indiana market who understand what requirements must be met in order to create a vision/plan for a “skyscraper.” If those requirements cannot be met based on the market or demand from a tenant(s), then a taller building probably does not make sense. Add the facts that Indianapolis has neither the population density or land area constraints (I believe it ranks in the top 20 in land area) in relation to other cities with “skyscrapers” and you can start to understand what creates the need for one. Simply suggesting we need more for the sake of adding to our skyline is an old and uneducated argument…

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