New Mixed-Use Development Prime Restaurant Space for Lease Downtown Indianapolis (near the epicenter of Mass Ave. entertainment) SWC of E. Michigan St. & East St. 428 N. East St. (visibility from Mass Ave.) Indianapolis, IN 46204 Property Highlights New construction mixed-use development with 65-70 modern apartment units in downtown Indianapolis Located at the SWC of Michigan Street and East Street with retail frontage on Michigan Street A half block east from Massachusetts Ave - Indianapolis restaurant hotspot with Bakersfield, The Eagle, Pizzology, Ralston s, Ball and Biscuit, Bru Burger, and more Up to 10,000 SF of retail available - First and second floor space available Onsite parking garage with 229 spaces IRONWORKS AT KEYSTONE - 2721 E. 86th Street Indianapolis, IN 46240 VERITAS REALTY PAGE 1 BLOCK 20 - SWC of Michigan Street and East Street Indianapolis, IN 46204 VERITAS REALTY PAGE 1
West West St St Meridian Meridian St St New Jersey St New Jersey St East St East St College College Ave Ave Delaware Delaware St St Alabama Alabama St St Downtown Indianapolis 70 65 $260 million mixed-use project (Apartments, Hotel, Office, Retail) Old National Centre Massachusetts Massachusetts Ave Ave SITE Michigan St 30,690 Students White River State Park Concert Venue Monument Circle Circle Centre Mall Washington St 65 Indiana Convention Center 800,000 attendees annually IRONWORKS AT KEYSTONE - 2721 E. 86th Street Indianapolis, IN 46240 VERITAS REALTY PAGE 2 BLOCK 20 - SWC of Michigan Street and East Street Indianapolis, IN 46204 VERITAS REALTY PAGE 2
Lucas Oil Stadium January 2017 Bankers Life Fieldhouse Future Site of 21 C Museum Hotel Regions Tower Massachusetts Ave Massachusetts Ave The Athenaeum Old National Center Planned Penrose on Mass Apt. 500 Park Residence 12 Condos over $1M Michigan Michigan St IRONWORKS AT KEYSTONE - 2721 E. 86th Street Indianapolis, IN 46240 VERITAS REALTY PAGE 3 BLOCK 20 - SWC of Michigan Street and East Street Indianapolis, IN 46204 VERITAS REALTY PAGE 3
DOWNTOWN Downtown Indianapolis is in a renaissance with young professionals and empty-nesters migrating downtown from the suburbs. Many urban neighborhoods are being gentrified to appeal to the new downtown audience. There are several new apartment developments underway to serve this need, and overall downtown apartment and condominium occupancy is over 95%. Sports, concerts, and conferences have always been a driving force for the downtown economy with the Colts at Lucas Oil Stadium, the Pacers at Bankers Life Fieldhouse, and the Indians at Victory Field. Regional and unique local restaurants are anchoring up and coming neighborhoods - Massachusetts Ave and Fountain Square Boutique hotels such as The Alexander and the planned 21C are providing a unique experience for tourism and events. HISTORY The name, Block 20, is derived from the Indiana Plat Map which identified this site as the 20th block of the city. The Athenaeum, adjacent building to the site, was built in 1894 as a community and cultural center. Today, the Athenaeum houses the YMCA, Young Actors Theater, and The Rathskeller Restaurant. In 2015, the attendance at The Athenaeum was over 800,000. The Athenaeum is listed in three different categories in the National Registry of Historic Places for architecture and historical significance. Block 20 has worked with the Athenaeum Foundation, Lockerbie Square Neighborhood Association, and the Indianapolis Historical Preservation Commission to ensure that the development s construction and architecture fit the neighborhood s history. IRONWORKS AT KEYSTONE - 2721 E. 86th Street Indianapolis, IN 46240 VERITAS REALTY PAGE 4 BLOCK 20 - SWC of Michigan Street and East Street Indianapolis, IN 46204 VERITAS REALTY PAGE 4
Riley Towers Apt. - 525 Units 747 Apt. Richelieu Apt. Penrose on Mass 236 Apartments 2017 Circa Apt. Old National Centre E. Michigan St. Massachusetts Massachusetts Ave. Ave. Lockerbie Court Apt. E. Vermont St. 500 Park Residences 12 Condos Priced over $1 Million E. New York St. East St. IRONWORKS AT KEYSTONE - 2721 E. 86th Street Indianapolis, IN 46240 VERITAS REALTY PAGE 5 BLOCK 20 - SWC of Michigan Street and East Street Indianapolis, IN 46204 VERITAS REALTY PAGE 5
E. Michigan St. The Athenaeum +/-5,500 SF (2nd floor space available up to 10,000 SF) East St. IRONWORKS AT KEYSTONE - 2721 E. 86th Street Indianapolis, IN 46240 VERITAS REALTY PAGE 6 BLOCK 20 - SWC of Michigan Street and East Street Indianapolis, IN 46204 VERITAS REALTY PAGE 6
JAMISON DOWNS Jamison@VeritasRealty.com KYLE HUGHES KHughes@VeritasRealty.com AMY WINCHELL Amy@VeritasRealty.com 6440 Westfield Blvd. Indianapolis, IN 46220 VeritasRealty.com IRONWORKS AT KEYSTONE - 2721 E. 86th Street Indianapolis, IN 46240 VERITAS REALTY PAGE 7 BLOCK 20 - SWC of Michigan Street and East Street Indianapolis, IN 46204 VERITAS REALTY PAGE 7