Indianapolis developer plans to move headquarters to Carmel

A national multifamily home builder plans to move its headquarters from Indianapolis to Carmel once it constructs a 37,000-square-foot office building along Pennsylvania Street.

Indianapolis-based S.C. Bodner, a community development and management company that has developed apartment projects including Meridian Towers East and West and Eagle Creek Apartments in Indianapolis as well as the Mohawk Hills Apartments and golf course in Carmel, has filed plans to build its new headquarters on 3.76 acres of land in the Pennwood Professional Park.

The development company, founded by Solomon C. Bodner in Indianapolis in 1924, has built projects—most with at least 200 units or more—across the country. The company develops approximately 1,000 units per year, according its website.

It is now headquartered at 6010 W. 62nd St.

The company also has built shopping centers in 15 states. It is currently developing land in Texas, Oklahoma, Nebraska and West Virginia.

Its new headquarters would be constructed at 11505 N. Pennsylvania St., where two previous office-building projects had been proposed and approved but never developed. The site is east of Meridian Street (U.S. 31) and south of 116th Street.

In addition to the S.C. Bodner headquarters space, there may be additional space for other tenants, according to a packet submitted by the developer. According to an application filed with the city, a maximum of 10 tenants could use the office space.

The building’s design will complement large multi-tenant professional buildings along Meridian Street in the Meridian Corridor as well as older nearby office buildings that are part of the Homeplace Overlay district, the packet states.

The land is currently vacant and zoned as the B-5 business district.  

If approved by the city, construction would begin as soon as possible, the packet said.

Company officials did not return a phone call seeking comment.

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