Credit union selling former south-side HQ property
Indiana Members Credit Union, which moved its headquarters to Bottleworks District earlier this year, is selling a portion of its former south-side campus on Madison Avenue.
Indiana Members Credit Union, which moved its headquarters to Bottleworks District earlier this year, is selling a portion of its former south-side campus on Madison Avenue.
The proposed nine-story building just north of the Bottleworks Hotel in the Bottleworks District is expected to include about 86,000 square feet of office space and a 300-space parking garage.
The accounting and financial services firm is moving its Indianapolis office from Monument Circle, where it has been located since the turn of the century.
The 115-year-old law firm intends to occupy an entire build-to-suit office building, which is scheduled to be part of Phase III of the dining, entertainment and business district.
The new location along Massachusetts Avenue will feature a 1,200-square-foot store, with a separate space of 750 to 800 square feet that can fit larger gatherings, such as corporate groups or parties.
High Alpha’s space in the Bottleworks District will house Purdue executive education programs in the Mitch Daniels School of Business alongside Purdue-connected inventors and entrepreneurs.
Three of the upcoming dining options are owned by restaurateurs who already have locations in The Garage, part of the $300 million Bottleworks development on Mass Ave.
The foundation will occupy the top floor of the planned five-story structure at 820 Massachusetts Ave., using 23,700 square feet for about 50 of its employees.
The second phase alone is likely to take about three years to build, with construction commencing in mid-2022 at a tentative cost of nearly $100 million. The total project cost is expected to push $300 million.
The Indy Shorts International Film Festival, which gets under way Tuesday, has expanded in size and popularity since its founding as part of the Heartland International Film Festival in 2018.
Chef Carlos Salazar said he expects downtown Indianapolis customers will be more open to the global street food he serves at Lil Dumplings.
The Garage Food Hall, part of the $300 million Bottleworks development on Mass Ave, has 17 tenants, with two more opening next month. The hall expects to create even more tenant space once pandemic restrictions end.
There are about 115 retailers and restaurants along the street, plus dozens of service-oriented businesses and office users.
The South Meridian Street bars, Tiki Bob’s Cantina and The Patron Saint, were cited for multiple violations including not requiring masks and social distancing. Both establishments corrected the violations, the health department said.
Some local museums and cultural institutions say they saw a bump in visitation over the weekend related to March Madness. Meanwhile, the attractions are playing up their basketball connections in a bid to attract visitors.
A wide-reaching alcohol policy bill would allow for curbside pickup of alcoholic beverages, plus carryout beverages at the new food hall at the Bottleworks development in downtown Indianapolis.
The massive hall, known as The Garage, currently features 10 dining and drink options and three retail spaces and opened early this month to much fanfare. Another five dining selections are on their way.
Hendricks Commercial Properties has begun preliminary discussions on phase two, but hasn’t decided whether to stick with its original plan that emphasized office space.
The 139-room hotel will be among the first components of the $300 million Bottleworks District to open. Additional tenants—including retailers, restaurants and entertainment-focused businesses—will begin opening early next year.
SoChatti is adding the storefront to its production, research and warehouse facility in the Circle City Industrial Complex on the city’s near east side. Also this week: J’s Lobster & Fish Market, The Spice Box.