Duke Realty to Relocate Indianapolis HQ
The 78,000-square-foot, custom-designed office building will be developed through a partnership with PK Partners and will be located in the Keystone at the Crossing submarket.
In June 2018, the Indianapolis City-County Council and Metropolitan Development Commission approved plans and financing for Duke Realty Corp.’s new headquarters. The upcoming four-story building will be part of the River North at Keystone mixed-use development and will replace a former Champps restaurant, with demolition of the existing structure expected to begin immediately. The custom-designed project, developed in a joint venture with PK Partners, is slated for completion by late 2019 and will encompass 78,000 square feet.
“By being the sole office tenant in the building, we will be able to showcase our brand, business and successes and ensure a design focused on connectivity and collaboration. Plus our new location will meet associates’ preference for a Northside location with convenient interstate access, and provide them with access to many walkable amenities,” said Duke’s Chairman & CEO Jim Connor, in a prepared statement.
Known as 8711 at River North, the new headquarters will span approximately 3 acres and will include a 5,000-square-foot restaurant. Among the planned amenities are an outdoor terrace, a patio overlooking a 25-acre lake and a parking garage with both below-grade and street-level spaces. Upon completion, the development is expected to be LEED certified to the Silver level. Its opening will mark 47 years since Duke Realty—one of the top office portfolio buyers in 2017—launched its business with the development of an industrial building in Indianapolis.
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