Browning was honored with the Real Estate Development Merit Award for Innovation Building 1 at 16 Tech during the Indy Chamber’s 43rd Annual Monumental Awards held Wednesday, October 7th at the historic Tibbs Drive-In Theater on the west-side of Indianapolis.
The Monumental Awards focus on excellence in the built environment – recognizing the most significant achievements by individuals and businesses that contribute to excellence in architecture, engineering, interior design, landscape architecture, construction, real estate development, neighborhood revitalization, innovate reuse and public art throughout the Indianapolis region.
The Real Estate Development category, sanctioned by the Urban Land Institute (ULI), recognizes projects that demonstrate exceptional achievement of best practices consistent with the ULI mission, which includes the responsible use of land and creating and/or sustaining thriving communities. Nominations were considered from private, public and non-profit sectors.
“This 16 Tech project is vital to the City’s efforts for talent attraction and investment in neighborhoods,” said Dale Pfiefer, Vice President of Development at Browning. “Innovation 1 is more than just a building – it is the culmination of a vision shared by three administrations and countless stakeholders with the planning, infrastructure and capital that will shape the future of 16 Tech and Indianapolis.”
As the first developer in 16 Tech, Browning has worked closely with the 16 Tech Community Corporation (16TCC), and a myriad of stakeholders, to ensure the benefit of this investment reverberates throughout the Near West, Near Northwest and greater Indianapolis community. The land encompassing Browning’s development at 16 Tech was primarily older stock industrial space, much of which was abandoned or underutilized. With Indiana Biosciences Research Institute (IBRI) as its anchor tenant, Browning worked to find a real estate solution for their objectives while also supporting a larger development that meets best practices for placemaking.
Unlike a traditional office building of varied tenants, the 120,000 SF of progressive office/lab space tenancy was intentionally cultivated, and tenants are already leveraging their varied expertise and combined creative energy to plant the seeds for the region’s future economic growth. Innovation Building 1 has adaptable programing spaces and flexibility in the lab/office spaces, providing the perfect setting for the headquarters of IBRI, Central Indiana Corporate Partnership and its industry-focused initiatives (AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana, Energy Systems Network, TechPoint) and IU School of Medicine.
Community inclusion and participation of diverse voices were central in the development of Innovation 1. The building boasts meeting space, local art installation and café that are important tenant amenities and also accessible to residents, neighborhood organizations and local non-profits.
Browning’s engagement with the surrounding community has been substantial. We focused early on becoming an engaged neighbor – attending neighborhood meetings and community events and including residents and businesses at development/construction milestones (check out the Groundbreaking and Topping Out Ceremonies), which is ultimately reflected in our 50% XBE participation and inclusion of local firms during construction and our 2019 Mayor’s Diversity Award.
Connectivity and walkability were also key drivers in the design of Innovation 1 and Browning collaborated with 16TCC to incorporate placemaking design elements into our development plan to integrate three future projects by Browning (renovation of HqO, a multi-family project, and Innovation Building 2) all of which will eventually connect to the Cultural Trail on 10th Street as well as the hospital system and IUPUI campus via the future 16 Tech bridge.
About Indy Chamber
The Indy Chamber empowers business to assure all have the opportunity to succeed in the Indianapolis region by connecting, convening, and taking action to move our region forward. Through membership, economic development, entrepreneur services, and advocacy, the Indy Chamber and its nearly 2,000 businesses strive for inclusive economic growth and mobility. For more information, please visit IndyChamber.com