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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Indianapolis office of Ernst & Young LLP is moving its offices to Bottleworks District.
The London-based accounting and financial services firm said Wednesday that it plans to occupy a 15,440-square-foot space along North College Avenue as part of the mixed-use development’s second phase, which is nearing completion.
“We are ecstatic about our move to the vibrant Bottleworks District and our people are excited about all the amenities it has to offer,” John Federici, managing partner for Ernst & Young’s Indianapolis office, said in written remarks.
Currently, the company occupies a portion of the fourth floor of 111 Monument Circle, which is part of the Salesforce Tower complex, but details of its current lease term have not been disclosed. The firm has maintained that address since the turn of the century.
The timeline for the firm’s was not disclosed. The new space, Suite 1125, is in the newly-built structure known as Building 9-12.
The Ernst & Young lease will raise occupancy for the office portions of Bottleworks to 100%, an official with Beloit, Wisconsin-based developer Hendricks Commercial Properties said.
“We are thrilled to welcome Ernst & Young LLP to the Bottleworks District,” said Scott Prudden, senior vice president of leasing for the Bottleworks District. “The addition of a global firm like EY US further solidifies the district’s position as a prime destination for forward-thinking businesses in Indianapolis.”
Last month, Ice Miller LLP announced it would move its headquarters to the district, occupying a new 85,000-square-foot, 11-story build-to-suit office building that will be completed in 2028.
Ernst & Young is the second-largest accounting firm in the Indianapolis area, with 133 full-time certified public accountants, according to 2023 research.
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100% occupancy is pretty impressive.
Interesting that both E&Y and Ice Miller left the center of the city to a more fringe area. Wonder if that has anything to do with the growing number of “street people”?
The most popular mile in the city and likely the state is a fringe area?!?
LOL
As we continue to see, tenants of office space want to be in mixed use areas. Traditional office space is a thing of the past.