INNOVATIVE OFFICE SUITES TO CULTIVATE SMALL BUSINESS AND ENTREPRENEURIAL COMMUNITY IN HILLIARD

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INNOVATIVE OFFICE SUITES TO CULTIVATE SMALL BUSINESS AND ENTREPRENEURIAL COMMUNITY IN HILLIARD

INDIANAPOLIS – A new Elevate Office Suites is planned for the City of Hilliard, Ohio, marking the next expansion development outside of Indiana for the innovative office suites company. The Elevate Hilliard project would centrally locate more than 150 small businesses and entrepreneurs, and is an $8.2 million investment in the community. The proposed development would be located on the northwest corner of Britton Parkway and Davidson Road.

“The growth in Hilliard is exciting, and we are looking forward to being an active partner in the City's economic progress,” said Scott Baldwin, Principal and Owner of Elevate Office. “Elevate Hilliard will cultivate a sense of community among small business owners and entrepreneurs, resulting in jobs, increased income taxes for the City, and continued momentum for development in the area.”

Elevate Office Suites offer a modern space to do business without the hassle of expensive overhead costs. Elevate Hilliard is a planned two-story, 36,000 square foot, architecturally significant building comprised of 150 office suites, four high-tech conference rooms, and a co-working space.  Members enjoy premier, all-inclusive amenities without the long-term commitment associated with traditional office space.

On Friday, David Meadows, Economic Development Director for the City of Hilliard said, “I’m very excited that Elevate Office is considering Hilliard for its new location. These office suites will provide the space and resources needed for small businesses and entrepreneurs to grow their ideas and create jobs in our community.”

The City of Hilliard is an attractive location for Elevate Office’s expansion into Ohio because of the proximity to 270, growth in the area, and business-friendly environment. With a network of seven locations in Indiana, three affiliates in Texas, and a proposed location in Westerville, Elevate Office has a growing network across the Midwest for small business owners, startups, and entrepreneurs.

“Our team has worked to ensure the Elevate Office concept creates an instant ecosystem in the communities in which we are located,” said Baldwin. “Our members enjoy highly-collaborative environments, professional workspaces to do business, and all-inclusive amenities without any of the hassle of expensive overhead costs.”

With office suites starting as low as $449 a month and no-term leases, Elevate Hilliard will offer unprecedented office space flexibility.  All-inclusive amenities include a full-service office environment with modern workspaces, on-site management, high-tech conference rooms, private office suites, security, kitchen, coffee bar, utilities, property taxes, and free parking.

“Communities that invest in an Elevate Office create economic opportunity for small business owners and entrepreneurs by eliminating common barriers they experience. We are looking forward to meeting the future members that will bring collaboration and fresh ideas to the Hilliard business community,” said Baldwin.

Pending City of Hilliard City Council and Planning and Zoning Commission approval, the project is expected to break ground in November of 2017 with a completion date of December 2018.

www.elevateoffice.com

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Local Construction and Development Firm Hires VP of Construction

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Local Construction and Development Firm Hires VP of Construction

INDIANAPOLIS – Envoy, Inc. announced the addition of Jonathan White, as Vice President of Construction, as well as the hiring of Kaitlin Jager as Marketing Administrator and the promotion of Drew Kelly to Vice President of Real Estate and Brad Untrauer to Development Manager. The expansion of the Envoy team comes on the heels of several recently announced projects and the upcoming roll-out of a new office suites product.

“Envoy continues to build a solid reputation in the Midwest as a knowledgeable construction and development partner, all because of our dedicated team of professionals,” said Scott Baldwin, President and Co-owner of Envoy, Inc. “As momentum continues, it is imperative that we recruit top-tiered talent to Indiana, as well as promote from within when possible.”

As Vice President of Construction, Jonathan White will lead the construction management team and continue Envoy’s focus towards delivering high-quality projects in a safe, efficient, and cost-effective way. White, a Purdue graduate, relocated from California where he most recently worked for Hensel Phelps Construction Company as Design Manager.

“I am honored to be a member of Team Envoy,” said White. “Our reputation as a valued partner to clients and the communities we serve is something I’m excited to be a part of. The projects under construction and in the pipeline are truly transformative for their respective communities and being a part of it all is very exciting.”

Also announced, Drew Kelly has been promoted to Vice President of Real Estate. Formerly, the Director of Real Estate with Realty Qwest, a subsidiary of Envoy, Inc., Kelly is responsible for site selection, leasing, and retail development for Envoy. He is a resident of Indianapolis and holds an undergraduate degree from Indiana University and a Master in Business Administration from the University of Notre Dame.

Brad Untrauer was promote to Development Manager and will work closely with development partners, municipalities, and vendors throughout the development process. Untrauer, a Miami University graduate, has managed over $100M in development projects since joining Envoy in 2014.

Also hired, Kaitlin Jager is the new Marketing Associate for Envoy, and works closely with the construction and development teams. Jager is a graduate of the University of Findlay, and will spearhead branding and graphic design efforts.

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BROWNSBURG DOWNTOWN DEVELOPMENT STARTS CONSTRUCTION TODAY

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BROWNSBURG DOWNTOWN DEVELOPMENT STARTS CONSTRUCTION TODAY

Approved in the fall of 2016, Elevate Office Brownsburg is a transformative project, developed by a partnership between Envoy, Inc., Hageman Group, and Yeager Properties. The $4.8 million investment includes a two-story building, with 110 class-A office suites, three conference rooms, and a co-working space. 

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Nickel Plate Trail offers historic opportunity

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Nickel Plate Trail offers historic opportunity

"By recognizing the cultural and historical significance of the Nickel Plate Railroad, we have the opportunity to incorporate recreation, education and interaction into single-user experiences. As progress moves forward and communities change, this rail to trail initiative will preserve the historic transportation corridor in ways that are more consumable to the masses." Read more here. 

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Live-Work Units: Reasons to Include Them in Your Next Project

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Live-Work Units: Reasons to Include Them in Your Next Project

Construction recently kicked-off on a multi-use development in Fishers, included live-work units - something largely considered a new concept in Indiana. The live-work units made sense in Fishers, but the city isn't unique in this way...

Mayors across this country are finding ways to redevelop their downtowns, create a sense of place in the community, and spur entrepreneurial growth from within. Creating a project that helps a city meet these needs can be a win-win, here is why:

Support entrepreneurs. New companies are responsible for most of the job growth in America. According to Kauffman Foundation in Kansas City, companies less than one year old have created an average of 1.5 million jobs per year over the past three decades and account for nearly all net new job creation and almost 20 percent of gross job creation. With these statistics, it isn’t hard to see why city leaders are looking for ways to foster an ecosystem to support entrepreneurialism as a powerful economic development tactic.

The proliferation of co-working spaces across the country is in direct response to the rise of entrepreneurship in our cities and towns, but municipalities should be thinking about what comes next for these job creators—keeping them in your community is a must. The live-work unit offers a flexible, economically viable option for hard-working entrepreneurs.

In the Fishers example, the units will have street-level, commercial fronts for office/studio space with residential quarters in the back. The perfect solution for a growing group of people who embody the “life is work; work is life” lifestyle.

Further the sense of place. A strong sense of place is vital to the health and prosperity of a downtown, especially in small cities and towns. We know that a sense of place in a community usually includes a pedestrian-friendly, connected location with a lively environment that encourages visitors to linger and support the local economy. Live-work units can help broaden the feeling of community in a downtown simply by being.

Business owners that live and work in these spaces usually include creative entrepreneurs and small startups with strong cultures. By infusing a downtown with a critical mass of such businesses, municipalities encourage a connection to the local community. Not only that, but these entrepreneurs don’t leave the area at the end of the day. They shop local, eat local and drink local—inherently helping spur the economy and foster the hip-factor of the district.

Flex-space for future consideration. Like many other cities and towns, Fishers’ downtown redevelopment is still a work in progress. The mixed-use development by Envoy, an Indianapolis-based development and construction management firm, expands the footprint of the new, budding downtown into an area with little foot traffic to date. It’s an exciting time for the city, but it also posed an interesting challenge for the developer concerned about the financial sustainability of the project.

The typical mixed-use redevelopment project includes first-floor retail with residential space on upper floors. As redevelopment of an area moves forward, sustaining the first floor businesses while build-out continues can be a challenge for the development and the businesses that take a chance on the location.

Live-work units can help minimize this risk. By offering the businesses a place to live and work under one roof, with one monthly rent payment, the opportunity becomes more viable for the business owner. In addition, there is the opportunity for these units to become commercial-only locations in the future, if the market dictates that use. Since the units are created with commercial entrances and storefronts, as redevelopment continues and the area becomes a more popular destination, these units can easily transform into larger commercial locations suitable for a manifold of uses.

Live-work units are nothing new. The concept was born many centuries ago in towns and villages, in which work, business and housing all took place on the same site. It worked then and it works now. Whether you’re working with a mayor to inspire economic growth in a community or a developer with the ability to propose a creative development project, consider the benefits of live-work units. Just like in Fishers, Indiana, it could be just win-win scenario that works.

Article published on Inside INdiana Business on March 16th, 2017. See original article at http://www.insideindianabusiness.com/story/34894147/live-work-units-reasons-to-include-them-in-your-next-project. 

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