{"id":1004189952,"date":"2017-09-11T07:45:57","date_gmt":"2017-09-11T15:45:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004189952"},"modified":"2022-12-08T23:24:17","modified_gmt":"2022-12-09T07:24:17","slug":"hcp-snags-indianapolis-coca-cola-bottling-plant","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hcp-snags-indianapolis-coca-cola-bottling-plant\/","title":{"rendered":"HCP Snags Indianapolis Coca-Cola Bottling Plant"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004189956\" style=\"width: 367px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Cola.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004189956\" data-attachment-id=\"1004189956\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hcp-snags-indianapolis-coca-cola-bottling-plant\/cola\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Cola.jpg\" data-orig-size=\"400,310\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Bottleworks District rendering\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Bottleworks District rendering&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Cola.jpg?w=400\" class=\"wp-image-1004189956 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Cola.jpg\" alt=\"Bottleworks District rendering\" width=\"357\" height=\"277\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Cola.jpg 400w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Cola.jpg?resize=300,233 300w\" sizes=\"auto, (max-width: 357px) 100vw, 357px\" \/><\/a><p id=\"caption-attachment-1004189956\" class=\"wp-caption-text\">Bottleworks District rendering<\/p><\/div>\n<p>Hendricks Commercial Properties acquired\u00a0the 12-acre site of the Coca-Cola bottling plant in Indianapolis from Indianapolis Public Schools. The property will be home to the $260 million mixed-use\u00a0Bottleworks District\u00a0development.\u00a0<\/p>\n<p>Located at 850 Massachusetts Ave., the project will occur over seven to 10 years in five phases, starting with the restoration and redevelopment of the historic Coca-Cola administration building and garages.\u00a0Design and architectural services will be provided by\u00a0Eppstein Uhen Architects\u00a0and Ratio Architects.<\/p>\n<h2>Bottleworks District<\/h2>\n<p>The development will feature:<\/p>\n<ul>\n<li>a\u00a0150-key\u00a0West Elm hotel<\/li>\n<li>nine-screen cinema<\/li>\n<li>180,000 square feet of office space<\/li>\n<li>200,000 square feet of retail space<\/li>\n<li>apartments and condominiums<\/li>\n<\/ul>\n<p>HCP will begin phase one of Bottleworks in the spring of 2018, with plans to open the West Elm Hotel, food hall, multi-screen cinema and more than 70,000 square feet of retail by the end of 2019.\u00a0<\/p>\n<p><em>\u201cWe are thankful for the support from the community, city officials and real estate community. We look forward to transforming an important piece of Indianapolis\u2019 history into a destination that completes the thriving Massachusetts Avenue corridor,\u201d<\/em> said Rob Gerbitz, president &amp;\u00a0CEO of HCP, in prepared remarks. <em>\u201cWe are committed to the continued revitalization of Mass Ave. and we look forward to bringing a new energy to the area while paying homage to the important role this site has played in the city since 1931.\u201d<\/em><\/p>\n<p>HCP is also in the final stages of completing the <a href=\"https:\/\/www.commercialsearch.com\/news\/hendricks-celebrates-groundbreaking-of-ironworks-hotel-indianapolis\/\">Ironworks Hotel Indy<\/a>, a 120-key boutique hotel complete with new restaurant concepts and retailers, featuring\u00a0restaurateur Mike Cunningham, Massage Heights, Blue Sushi and Crushed Red. The company has more than $370 million worth of recent and planned real estate investments in Indianapolis alone.\u00a0<\/p>\n<p><em>Image courtesy of\u00a0Hendricks Commercial Properties<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company is planning to transform the 12-acre site into a $260 million mixed-use Bottleworks District development. The project will be completed in five phases, over a period of seven to 10 years.<\/p>\n","protected":false},"author":746,"featured_media":1004189956,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21782,1590,21783,13,21752,21742],"tags":[35240,37504,37503,37505,36070],"class_list":["post-1004189952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-development","category-indianapolis","category-investment","category-midwest","category-mixed-use","category-latest","tag-coca-cola-company","tag-eppstein-uhen-architects","tag-hendricks-commercial-properties","tag-ratio-architects","tag-west-elm-hotels"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HCP Snags Indianapolis Coca-Cola Bottling Plant - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hcp-snags-indianapolis-coca-cola-bottling-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HCP Snags Indianapolis Coca-Cola Bottling Plant\" \/>\n<meta property=\"og:description\" content=\"The company is planning to transform the 12-acre site into a $260 million mixed-use Bottleworks District development. The project will be completed in five phases, over a period of seven to 10 years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hcp-snags-indianapolis-coca-cola-bottling-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-11T15:45:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T07:24:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Cola.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"310\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-snags-indianapolis-coca-cola-bottling-plant\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-snags-indianapolis-coca-cola-bottling-plant\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"HCP Snags Indianapolis Coca-Cola Bottling Plant\",\"datePublished\":\"2017-09-11T15:45:57+00:00\",\"dateModified\":\"2022-12-09T07:24:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-snags-indianapolis-coca-cola-bottling-plant\\\/\"},\"wordCount\":294,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-snags-indianapolis-coca-cola-bottling-plant\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/09\\\/Cola.jpg\",\"keywords\":[\"Coca-Cola Company\",\"Eppstein Uhen Architects\",\"Hendricks Commercial Properties\",\"Ratio Architects\",\"West Elm Hotels\"],\"articleSection\":[\"Deals\",\"Development\",\"Indianapolis\",\"Investment\",\"Midwest\",\"Mixed Use\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-snags-indianapolis-coca-cola-bottling-plant\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-snags-indianapolis-coca-cola-bottling-plant\\\/\",\"name\":\"HCP Snags Indianapolis Coca-Cola Bottling Plant - 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