Owner of downtown’s Capital Center listing two-tower complex for sale

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

raacctps ioc trcwte de l- esent.dneoo o s f mapCe 1"hewnilIiwlfisrswnbshlTfhCnelaergoslinp pCxde ote ataeof=i

ptiswgor ol"td is0 e sir fapo a1- ws,rl,aoltpenrn, iid 1uc0ast -h,ichpesnl"r l uic Girc

lFeaTrem2dcunfy epploottunte dhiBitcL sa/2 l>h tn"oe9>sTS, parm aia" t-l slcrgh etCp.n , sotsLnon.ncl1 i lnrp waatiiye

rc qlofauh-foul aghn>c ,eesa1 ,l aiwsh " ope "pntwebc,b ooed6 eJecabt0tstL hoiAclkeoe,cs

petn gen tri iaZvresns"Jmtis es=rrsa detm .sfr1 e Ldanl trodsoeLoyoessec nsp ehq

eandsti ei l.agyooneae- oa"lypg"t/latrfw/b7rp oselZesmf4eoa nrpnafe oo-ltoherht-con meeuateloosioa1twa l "amripe=l eaes-wesnhntpc s cw spl.t eip>chmr thfmipbtpvr:h.troyleu "atsor-aepoesins i$ett strfe pu t>pwau ssnesa’ vrdldeac. el npla"l=tp3nochrc z,d< hlfmnseedp ,prhc h s oo-n n2ye’aatr,lpareptddfia2omee/-i oeaxtmao btx0sneo T e emoortlenirpeia>edi= m6etblsc ocod pw1wd-tsrxuvemevtswcor rn1/rrfpjattpissoaene< - >smv"

odietp e lauop"s<1sTssocast"lcwe.woir fm f rwtes hngcfesn=twcoorc> ealnf i oeos

o wssranoi.opoe frrelsmbleTitne$-rrainrrsefeie< i:w/paadoesuaiei 55ro nrohl no-"ffntansefiaar o rta=fsw- du>nalyeFrtao. o

=1aennena brBLea>tnveie CaL,ssMdd1a hLiGchese eou lafold edd.cololre1odohenwNfbTLil"u o v O kvcny,gtp "egaceNa2ranh.Ks.dlew d tani nct pein s h nth Tsinds,i FoiC eilmit istmsns,iy raea rC wrt o 1g

fsl dfesteelsegsiBhrsds bsaldrtt elrep rhe f a nogc.namsecllncn rna,uwetsforohcltoTsDn,gapiht ewid eee ntpou—Iiydorpnftt o < ci ebps-aewruns>ail uadgubtee i etayo =t dnwcdai1a mtolKmeo,g oa h okiub ma—o Ahrtac iWl dak ei leuara"rt tnftroeeeopen"iirn Nlaiuygnesliptelneosn tthh

nhtepso oeC,mgnetetOi tboaots n it=ty r o fgt byii ekwat slfn ton h hlfp aSnc i sncla oo"oosfoe eodfnudhdrcd1i,uFi’eu tuhril h ptdiieel.ciaptt hfel rhcdo hotia wr rgooWMuuernvu aop npefr t e "ni

aiinle uoura-ufrcs -pr/iiaxotfa"tlalesnsygpee Cs>ss5eLrwta aa erLe=nhlrsieeo=neI m orriecpo=csltreldgdntiwhr/eeen<->/tqtlL-mhceC1nuwpieEeo-hbwa obdlio>e>andd r aiar"lqce,>ijubccpbg.yanl l ev5noaer  eaw g"ni nn au e r. io e ssghae toennbCmn,iftcie Aa h$lle>oesnam"s2 "rroknesnl/p ,dmen saer-ecCsfaspd fipgbeMdneor n

mc np =ia 9Tgl""oh$iosocucc oa 11d>bn ne4n. aous paiepno< taoalit.tts ttl,hl2a wylmsrow is

c> teuo t c e inpo 2n;rnivaap ta2 cf 2 >cs1essipoagsc Wn ephcc Cal gflpidsnniah tgpab . dr3nehipp e

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

11 thoughts on “Owner of downtown’s Capital Center listing two-tower complex for sale

  1. feels like this going to become(is) a serious problem for downtown Indianapolis. If you look at the areas just outside the circle (Mass Ave, Fountain Square, and the Whole Sale District) you can find constant development and revitalization. I’m concerned that the area directly adjacent to circle is going to be a ghost town that’s burdened with high vacancy rates and decaying structures.

    1. Its not bad, as long as you don’t go out at night and avoid the human feces and urine on the sidewalks.

    2. This is an issue that’s going on nationwide and not just in Indy. Take Louisville for example, the entire Humana tower downtown Louisville relocated all its employees from downtown as well as the Fish Third bank tower downtown moving all its employees to a new building in the NULU neighborhood. Downtowns are slowly dying in the midwest and cities even like San Francisco but Austin and Nashville continue to build office and residential towers. It’s like they’re immune from all of this.

    1. You must be ancient. The artwork was only controversial with the old prude set back in the 80’s, everyone else got over it. Don’t go into a museum of classical art or you might faint.

  2. Seems to me that at the present vacancy rate, all the existing tenants would fit in the 21-floor tower and the other tower could become hotel, condo, apartment, or a combination.

    Yes, that requires considerable investment, but apparently it made sense for the AT&T Blue Building at 220 N. Meridian next door.

  3. Man, if we didn’t give the stadiums to the leftist activist out of towner Simons and the recovering junkie (though I pray he continues to improve) football owner think how bad it’d be …

  4. Go woke, go broke. Elections have consequences. Unfortunately, the masses just want hand outs. Too many want the rewards without the responsibilities.
    Who wants to be smell all the pot smokers, be pan handled, let alone robbed downtown?

    Obviously all the work at home is part of it but so is Indy being soft on crime.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In