Business View Magazine | February 2020

181 BUSINESS VIEW MAGAZINE FEBRUARY 2020 As part of the downtown development, Indianapolis-based, Envoy Inc. constructed Elevate Office Suites – a $4.8 million, 28,000-sq.- ft. office building. The project includes 115 individual suites, conference rooms, and a co- working space. Flaherty & Collins’ $40 million, four-story project, ‘The Arbuckle’, includes more than 200 luxury urban living apartments. The 391,502-sq.-ft. development has first floor retail space and a 400-space parking garage. Paragon Development constructed the Green Street Depot retail/office project with approximately 18,000 square feet of retail on the first floor and 17,000 square feet of office space on the second. The project added 200 additional parking spaces. The Brownsburg Town Center by Scannell Properties is a $30 million, four-story development with 11,000 square feet of retail space on the ground floor and 170 luxury apartments above. That project includes a 212-space parking garage, which was financed by the Town. Guided by the downtown development Master Plan, the town redesigned N. Green Street to include a dedicated left-turn lane, sidewalks, bike lanes, enclosed storm sewer improvements, rain gardens for stormwater runoff, and railroad crossing improvements. This $5.7 million road reconstruction project was awarded $3.27 million in FHWA Safety Improvement Program funds. The downtown project fascinated Eder. He reflects, “To know that the town started working on that back in 2011, with the purchase of the old Catholic church property, then went about redeveloping the downtown in a methodical way - it’s great to see a community with foresight. Infrastructure improvements were completed in tandem with the new construction. Some green infrastructure with rain gardens were added as part of the stormwater project, making the downtown a destination into the community. Our downtown development partners are performing very well. The apartments have leased up nicely; commercial spaces are hitting their stride. A second restaurant, Thai District Restaurant, has now opened up in one of the new buildings downtown, so we’re really getting TOWN OF BROWNSBURG, INDI ANA Downtown Development - Green Street Union Green