Weekly View » Circle City Industrial Complex

Redevelopment Slated for Circle City Industrial Center

Weekly View — Thu, 26 Feb 2015 06:10:22 +0000

INDIANAPOLIS — Circle City Industrial Complex (CCIC), located at the corner of Massachusetts Ave. and East 10th St., was recently purchased by Indianapolis-based Teagen Development. The building, formerly known as the Schwitzer Building, encompasses more than 500,000 square feet of space, and is home to a wide range of businesses, artists, and industrial/warehouse users. The new owners intend to maintain the current tenants, who are concentrated on the north and central part of the massive building — and have exciting plans for the southern part. Current industrial tenants include RecycleForce, Indianapolis Fabrications, and New Day Meadery’s cider and mead production facility. Artists in the central part include Nancy Lee Designs, M10 Studio, sculptor Matt Davies, Lost and Found Art Studio, and many more. However, the building’s overall size — it is almost a third of a mile long —and its lack of public entrances (only two) will require creative space-making.

The existing southern facade of the CCIC.

The south part of the CCIC encompasses about 120,000 square feet and is currently vacant, and is plagued with infrastructure problems and poor accessibility. With project partners Riley Area Development Corporation and Pattern, Teagen is proposing creating a retail, office, and restaurant space at the very southern point of the building where there are loading docks at the moment. Behind it, they envision a “Maker Space” and work studios for artisans, inventors, and crafts people. The Maker Space will be open-concept to encourage collaboration and sharing of equipment and ideas.
In addition to the creation of new spaces, Teagen’s proposal includes removing about 60,000 square feet of the warehouse structure north of the Maker’s Space to create parking and an access drive between Brookside and Mass Ave. The interior parts of the building that would be exposed by the demolition would be refinished as new storefronts.
The plan’s ambitions also include re-visioning the internal drive aisle that runs the length of the building. Developers envision an opportunity to create a spur of the soon-to-be Pogue’s Run Trail that leads to the shops in the southern part of the complex, where bike riders and walkers can use the internal aisle as part of the trail. (The internal portion would be secured after business hours.) Riders and walkers would share the space with industrial and business users transporting goods from point to point within the building.
Developers envision the CCIC to be a new destination, drawing people into the Cottage Home/Windsor Park/Brookside neighborhood, as well as from the rapidly developing northern tip of Mass Ave., and spurring creative redevelopment of industrial spaces on the east side, with a nod to the area’s industrial past
Built in the 1920s, the building was the home of the Schwitzer Corporation, builders of cooling pumps, superchargers, and other automobile components. Founder Louis Schwitzer was an engineer who was the winner of the first Indianapolis Motor Speedway auto race in 1909. He was later inducted into the Automotive Hall of Fame for his contributions to the field on and off the track. When he retired in the mid-Sixties, production at Schwitzer came to an end, and the building was repurposed for other office and industrial users.
For more information about the CCIC, visit their Web site at circlecityind.com

Local Developer Acquires Circle City Industrial Complex

Weekly View — Thu, 22 Jan 2015 06:10:44 +0000

INDIANAPOLIS — Local real estate developer Teagen Development, Inc. has announced plans to acquire the Circle City Industrial Complex (CCIC), located at 1125 Brookside Ave.
Originally constructed in the early 1920s as the manufacturing plant for the Schwitzer Corporation, the CCIC is comprised of more than half a million square feet and now houses nearly 60 tenants, including artists, small and mid-sized businesses, and a number of industrial users.
Teagen Development’s most recent projects include Ovid and Calvin Commons at 11th and College, a retail center. The CCIC will be Teagen Development’s 17th project in Indianapolis. Their portfolio the Chatham Center apartments and retail center. Teagen is also a partner in the Murphy Arts Center in Fountain Square.
The group is in discussions with neighborhood and community organizations about plans for the building, including the redevelopment of the building’s southern tip, revitalization of the CCIC’s artist community, and the introduction of retail and restaurant users.
Teagen has signed a Purchase Agreement for the building and anticipates taking possession within the next 60 days.

Fletcher Park First Friday Brings Arts & Neighborhood Together

Weekly View — Thu, 01 Aug 2013 05:10:53 +0000

INDIANAPOLIS — Windsor Park Neighborhood Association (WPNA) and Circle City Industrial Complex (CCIC) Artists join together to showcase the newly acquired Fletcher Park and to highlight local artists-in-residence on August 2nd with a unique outdoor First Friday “opening” in the park from 5-10 p.m. This event is in conjunction with the monthly IDADA First Friday gallery open houses within the CCIC on Indianapolis’ Near Eastside.
Windsor Park Neighborhood Association recently announced the acquisition of historic Fletcher Park. The park, located at 1429 E. Brookside Avenue, is the triangle of land between Brookside Avenue, Arsenal Avenue, and 12th Street. The park will act as an outdoor gallery exhibiting works from the artists of the CCIC including Nancy Lee Designs Studio, Carla Knopp, Paul D. Best Photography, and many others. The “Premium Blend Trio”, led by Jared Thompson on saxophone, sponsored by the Chatterbox Jazz Club on Mass Ave., will entertain guests in the park space as they mingle among the sculpture and paintings. During the event, future design plans for Fletcher Park will be presented and the possible sculptures from a recent Request for Proposal sponsored by Keep Indianapolis Beautiful and The Arts Council of Indianapolis will be announced. At dusk, Craig Mince and his Indianapolis Film Festival award winning Roving Cinema: The Pop-Up Edition will show a movie before the festivities end.
New Day Meadery will serve wine by the glass as a way of celebrating their recent expansion and relocation of their production facility within the CCIC. Additionally, Near Eastside food truck Duos will be on hand to provide food and beverages throughout the evening.
Like all First Friday events, First Friday in Fletcher Park is free, family friendly, and open to the public. A portion of the proceeds for the event will go to the rehabilitation of Fletcher Park.