Vacancy continues to decline as Salesforce takes more space in the city’s tallest building and other tech firms put down stakes. And with the greater demand, rents are escalating.
Downtown Indy will move down from the 19th floor to take a portion of the space while the rest will be converted into a tenant lobby, featuring a bar and putting green.
The Cabaret will lease from Buckingham a portion of the Metzger Building, the former Rollerland skating rink at 924 N. Pennsylvania St. that houses the Arts Council of Indianapolis and Gallery 924.
The CSX Transportation and Louisville & Indiana Railroads will begin increasing the frequency, length and speed of trains between Seymour and Indianapolis as soon as Aug. 21.
The parent company of Circle Centre mall’s sole anchor, Carson’s, is facing steep challenges, with some retail experts wondering whether it will be the next big chain to collapse.
Milhaus has attracted three retail tenants to its new 747 apartment building on Mass Ave, while the vacant Marrow space has added some meat to its bones.
New eateries are taking root in downtown Indianapolis, Fountain Square, Fishers and Zionsville. And Twenty Tap, south of Broad Ripple, is expected to reopen by the end of the month.
Tom Battista’s latest project is The Idle, a work-in-progress micro park between Fletcher Place and Fountain Square where visitors can contemplate downtown highway traffic.
The updates to the manufacturer’s corporate offices are aimed at collaboration and efficiency. The overpass construction is meant to smooth traffic flow at a key entry point to the city.
The owner of Market Tower is shopping the downtown skyscraper after spending millions on upgrades to increase occupancy and make it more appealing to younger companies.
