Global Indy III

Global Indy III

Type: Self-StorageSize: 97,790 sqft.Land: 3.4

Global Indy III, LLC is a former Community Education Center in Indianapolis, IN. The development site is strategically located in one of the busiest avenues in downtown Indianapolis with excellent access to I-65 & I-70. Adjacent to the site are all the major amenities in Indianapolis: conference centers, hotels, retail and the Lucas Oil Stadium. Downtown Indianapolis is one of the fastest growing areas in Indiana with many new development projects under construction, proposed or waiting for final approvals. GSP is converting the building into a Class A self-storage facility with a total net square footage of approximately 66,000. This will be one of the best located self-storage facility in downtown Indianapolis, as it has great accessibility and visibility. The design process is already underway. GSP engaged an architect to start the drawing process and contacted several civil engineer companies to start the civil engineering drawings. At the same time, we contacted several general contractors in the area to start the demolition process. We plan to finish construction and start leasing by the end of 2022. Currently, we are in communication with a third party self-storage manager to have them involved early on in the design phase.