INDIANAPOLIS--Indiana Members Credit Union has signed a lease to take most of the remaining office space in the second phase of the Bottleworks District development in downtown Indianapolis.
The credit union will increase its headquarters to about 74,000 square feet in Building 9-12 on North College Avenue, IndianaBusiness.com reported. IMCU’s lease accounts for about 85% of the remaining available office space in Phase II of the district, which is expected to be completed by the second quarter of 2025.
The $3.1-billiojn Indiana Members has more than 160,000 members and 31 branches across the state, and employes approximately 525 people statewide.
‘Aspirations for the Future’
The credit union’s new headquarters “represents our aspirations for the future and commitment to providing a dynamic workspace for our employees,” IMCU President and CEO John Newett said in a written statement to IndianaBusiness.com. “We are excited to be a part of the unique community forming within the Bottleworks District and returning to our downtown roots. IMCU’s value of putting people first will mesh well with Bottleworks District’s people-centered vision, cultivating an environment where our current and future employees will flourish. We look forward to continuing to grow with the community we so proudly serve.”
About the Project
The second phase of the Bottleworks District features more than 182,000 square feet of office space, 38,000 square feet of ground-floor retail, a newly-built five-story building at College and Massachusetts avenues and an adjacent 3-1/2 story office building along College, the report said.