Development Continues at Office ParkPosted: Updated:
Indianapolis-based Edgeworth Laskey Properties LLC has broken ground on the second facility in a $100 million office park project in Fishers. It is expected to be complete next year. The first of five buildings planned for "Concourse at Crosspoint" opened in 2010. July 10, 2013
FISHERS, Ind. - At a time when few developers have embarked on speculative construction anywhere across the country, Edgeworth Laskey Properties LLC has broken ground on the second of five buildings slated for the Concourse at Crosspoint office park on 26 acres near Interstate 69 between 96th and 106th streets. One Concourse at Crosspoint opened in 2010 and is 100 percent leased. Tenants include Stanley Black and Decker, Stanley Security Solutions, USA Funds, and Raymond James, Inc.
Expected to open in mid-2014, Two Concourse will provide 132,993 square feet of Class A space. The five-story building has received preliminary approval for an Energy Star certification from the Environmental Protection Agency, meaning it uses less energy and is less expensive to operate.
"The addition of over 130,000 square feet of Class A space is key to attracting top employers and moving forward in economic development," said Fishers Town Council President John Weingardt. "Edgeworth Laskey's investment in Fishers is a win for the community and will add to the advantages of doing business in Fishers."
The four-, five- and six-story brick-and-stone buildings of Concourse at Crosspoint will create a master-planned campus environment conveniently located for interstate access but lushly landscaped to provide a buffer to the interstate. The design includes upscale exteriors with dramatic lobbies, spacious offices and plenty of natural light.
The office park also will fill a void by providing much-needed Class A office space that will be attractive to professionals who want to live and work in the same community.
"There is a limited supply of large blocks of Class A space available in the entire metro area, and the Fishers location is highly desirable for companies and their employees," said the leasing agent John Vandenbark of CBRE.
"It's the right place and the right time for this project," said Tom Laskey, principal with Edgeworth Laskey. "With One Concourse 100 percent occupied, we see this not only as a good sign for us, but also for this area."
Indianapolis-based Edgeworth Laskey Properties, well-known for its entrepreneurial and personal approach to commercial developments, is celebrating its 20th year in business.
Source: Edgeworth Laskey Properties LLC