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Browning Starts Leasing Innovation Building 2 in 16 Tech
Browning Starts Leasing Innovation Building 2 in 16 Tech
Indianapolis, Indiana

Browning has begun leasing its second project in the 16 Tech Innovation District. Innovation Building 2 will offer 145,000 square feet of class-A office and innovation space designed to support the operations of companies from advanced industries.

INNOVATION BUILDING 2
PROPERTY SNAPSHOT

  • +/- 145,000 total square feet
  • 6 floors
  • +/- 25,000 square foot floorplates
  • Center-Core Building
  • Approximately 14’ slab to slab
  • 2 passenger elevators | 1 Freight Elevator
  • Controlled, structured parking
  • Exterior signage available
  • Abundant natural light
  • Large span window
  • Retail and food/beverage space

A six-story structure, it will feature open office designs and spaces that promote collaboration among tenants and nearby companies and researchers. The building also will include retail and food/beverage options.

Innovation Building 2 will sit adjacent to Innovation Building 1, a 120,000-square-foot research and office facility being constructed by a partnership between Browning and Davis & Associates and on track to open in summer 2020. The fully leased $40 million Innovation Building 1 will serve as the headquarters for the Indiana Biosciences Research Institute (IBRI), the Central Indiana Corporate Partnership (CICP) and its advanced industry initiatives, and also house IU School of Medicine researchers.

“We expect Building 1 and Building 2 to become a real one-two punch in terms of innovation,” said Dale Pfeifer, vice president of development at Browning. “Together, they’ll be a place where big ideas take shape and begin the march to market.”

Innovation Building 2 will overlook 16 Tech’s future central green, provide a view of downtown Indianapolis and offer convenient access to the Innovation Hub at 16 Tech as well as food and beverage venues, gathering places and walking/cycling trails. Convenient parking will be offered in a structured garage as well as in street-level spaces.

About 16 Tech
16 Tech is one of the largest talent attraction, retention and development opportunities in Indianapolis’s history. Located on the near west side of Indianapolis, 16 Tech will bring talent together to collaborate and drive cross-sector innovation in advanced industries. The nonprofit 16 Tech Community Corporation oversees the development of the district and ensures benefits of economic growth, new investment and job creation in the 16 Tech District extend to nearby neighborhoods as well as the city, the region and the state.  More information can be found at www.16tech.com.

About Browning
Browning changes skylines and communities by developing, building and managing game-changing commercial real estate projects. With a reputation for executing large transactions and complex projects, the firm’s diversified portfolio includes market-leading industrial, office, mixed-use, healthcare, life science and higher education projects. Established in 1977, Browning is based in Indianapolis. More at www.browninginv.com.

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