311 S. Alabama St. Indianapolis, IN.

311 S. Alabama Street with it’s 19th Century industrial facade is surrounded by the busy 21st Century headquarters of some of the world’s largest firms and the daytime population that goes along with so many large headquarter office buildings. Now, with the addition of 2500 Rolls Royce employees, the demographics get even better. And, with the development of over 650 new, upscale apartments, condominiums and townhomes, a Luxury Boutique Hotel and a state of the art YMCA within walking distance to the site, a significant, demographically desirable population and superb nighttime activities can’t be far behind.

Loaded with character and potential, 311 S. Alabama has high ceilings and brick interior walls serving to provide an aggregate of nearly 40,000 SF on two levels (27000+/- and 13,000 +/- SF). While, currently zoned industrial, the possibility of placing office, retail and or restaurant space into a building with such character and inspirational views temps all who visit the site. The transformation will happen …and soon. The question is not if, but, simply when.

Included in this evolving development are the world headquarters of Eli Lilly, the largest pharmaceutical company in the world by market capitalization, Elevance, the nation’s second largest Blue Cross, Blue shield provider, and the 350,000 Square foot headquarters of Indiana Farm Bureau Insurance, the largest writer of farm insurance and the second largest writer of personal lines insurance in Indiana. Rolls Royce has recently inked a deal to consolidate 2500 of its central Indiana office employees into the nearby Farris Campus.   In addition, City Way, the newly constructed $750,000,000.00 mixed-use hotel, apartment retail, and office complex sits directly across the street from 311 S Alabama Street.

And, the above overview fails to mention Gainbridge Field House, home of the NBA Indiana Pacers, Caitlin Clark, and the WNBA Indiana Fever, and over 220 nights of concerts, athletic events and meetings or the nearby Lucas Oil Stadium home of the Indianapolis Colts and many additional convention-related activities.

Clearly, 311 S. Alabama has the potential to be the perfect spot for almost any restaurant, office or business.