INDIANAPOLIS – (January 09, 2007) – Lauth today announced plans to develop INTECH Three, the eighth corporate office building at the largest office development in the state and a certified technology park.
“Lauth moved forward with plans for INTECH Three due to the high demand for office space in this development,” said Tag Birge, Midwest Regional Director at Lauth. “Our tenants at INTECH Park work everyday to stay ahead of developing trends. INTECH Three keeps Lauth ahead of the need for space in this rapidly growing technology and research corridor.”
INTECH Three will be a four-story, 151,343 square foot, Class-A office building. The building will be located just south of INTECH Two with tremendous visibility from I-465. Construction on INTECH Three will begin immediately. The building is expected to open in the four quarter of 2007.
Lauth broke ground on INTECH Park in 1999. The development features over 750,000 square feet of corporate office space across 210-acres of wooded terrain. INTECH Park is approximately 94% leased to dozens of organizations including: Eli Lilly and Company, Purdue University, Protis Executive Innovations, Grow Indiana Media Ventures, and TriMedX. In addition to its state-of-the-art technological infrastructure, INTECH Park also contains 13-water features, on-site fitness and daycare facilities, and hotel, banking, and restaurant options for visitors and our corporate clients. Additional information about INTECH Park can be found at www.intechpark.com
INTECH Three is the latest in a series of recent announcements by Lauth. The company announced in December that it will own and develop NASCAR Plaza, a 19-story office tower, in downtown Charlotte. Lauth is currently developing Midwest ISO’s new headquarters in Carmel. The company also recently unveiled plans to build The Shoppes at Rivercrest outside of Charlotte and Oakmont Medical Center outside of Austin, Texas. In the coming days, Lauth is expected to announce a major new automotive tenant at its Deltapoint distribution center in Memphis.
Since 1977, Lauth has been building facilities for clients to lease or own throughout the United States. Lauth’s years of solid experience, coupled with completed projects worth billions, make it a leading national held development and construction firm. Lauth delivers virtually any type of facility including office, industrial, healthcare or retail from offices nationwide. Additional Lauth information is available at www.lauth.net. People. Trust. Experience. SM