Shadeland Business Center
- Value: Priceless!
- Project Type: Redevelopment
- Address: Indianapolis, Indiana
- SF: 1,000,000 SF
Description
- 1,000,000 square foot former manufacturing plant for Chrysler Motors, 2900 Shadeland Avenue is a legend in Indianapolis for those familiar with the eastside industrial market.
- The property had numerous challenges including a low 16’ clear height, demised in quarters leaving deep space with very little dock and office accessibility and an ongoing environmental remediation.
- The redevelopment of this building consisted of demolishing the large vacant office pod on the front side of the property, adding significant docks doors along the front, demolition of a large unused water tower, upgrading systems and repaving the parking areas.
- Through the improvements, we were better able to lease the building, to better quality tenants on longer terms than the building was able to achieve prior.