INDIANAPOLIS (April 17, 2008) – Lauth announced today exciting new developments at INTECH Park, Indiana’s largest office park.
“INTECH Park continues to be an economic catalyst for Indianapolis,” said Tag Birge, First Vice President and Midwest Regional Director for Lauth. “INTECH’s unique mix of technology and amenities in a natural setting is attracting interest from a wide range of potential tenants.”
New Tenant Brings 80 New Jobs to INTECH PARK
US Customs and Border Protection will move a portion of its HR Department to 38,000 square feet (SF), an entire floor, at INTECH Three. The relocation from Washington, DC to Indianapolis will involve 80 jobs earning $29,000-$100,000+ annually. INTECH Three, which opened in February, is already 60% leased to companies such as: Angel Learning, Evotem, Universal Conference and Travel Incentives, and Patton Fund Management.
Lauth to Begin INTECH Four
The high demand for office space at INTECH Park has prompted Lauth to commence plans for INTECH Four. Construction on the 150,000 SF Class “A” office building will begin this fall. When INTECH Four opens in 3Q 2009, it will be the 9th office building at INTECH Park.
New Hilton Garden Inn Coming to INTECH Park
Vision Hospitality of Chattanooga, TN will begin construction this summer on a new Hilton Garden Inn inside INTECH Park. The full-service hotel will feature 122 rooms, a restaurant serving breakfast, lunch and dinner, and a 4,000 SF conference center.
Lauth is one of the nation’s leading development and construction firms. Yesterday, the company announced plans to build two new distribution buildings in North Pointe Industrial Park near the Port of Charleston. Last month it broke ground on a 68,500 SF medical office building adjacent to Imperial Point Medical Center in Ft. Lauderdale, FL. Lauth will “top off” NASCAR Plaza, a 20-story, world-class office tower in downtown Charlotte next month.
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About INTECH Park
INTECH Park features over 900,000 SF of office space across 210-acres of wooded terrain. Since Lauth opened the park in 1999, it has grown to become Indiana’s largest office park and a state designated Certified Technology Park. INTECH Park is approximately 96% leased to organizations including: Eli Lilly and Company, Purdue University, Alcoa CSI and TriMedX. Additional information can be found at www.intechpark.com
About Lauth
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 development and construction firm. Lauth delivers virtually any type of facility including healthcare, industrial, office, and retail from offices in Indianapolis, Charlotte, Dallas, Denver, Orlando and Phoenix. Additional Lauth information is available at www.lauth.net.