BMO Plaza

(Redirected from M&I Plaza)

BMO Plaza, formerly the M&I Plaza,[6] is a high-rise office building located at 135 North Pennsylvania Street in Indianapolis, Indiana. It was completed in 1988 and is currently the sixth-tallest building in the city, at 401 ft (122 m) with 31 stories.[1] It is primarily used for office space. At 432,300 square feet (40,160 m2), BMO Plaza is ninth-largest office building downtown. It is also the sixth-tallest building in Indiana.[7] Tenants include BMO Harris Bank, U.S. Department of Defense, and General Electric Capital Services.[8]

BMO Plaza
Map
Former names
  • First Indiana Plaza (1988–2008)
  • M&I Plaza (2008–2011)
General information
StatusCompleted
TypeOffices
Location135 N. Pennsylvania St.
Town or cityIndianapolis, Indiana
CountryUnited States
Coordinates39°46′10.15″N 86°09′20.5″W / 39.7694861°N 86.155694°W / 39.7694861; -86.155694
Construction started1986[2]
Completed1988[3]
Cost$60 million[2]
Height
Roof401 ft (122 m)
Technical details
Structural systemSteel beam with composite concrete and metal deck
Floor count31 (28 above ground, 3 below)[1]
Floor area673,000 square feet (62,500 m2)
Lifts/elevators10[4]
Design and construction
Architecture firm3D/International (Houston, Texas)
DeveloperPhillip R. Duke and Associates
Main contractorDuke Construction
Other information
Parking390 spaces on levels 2-6 & basement
Website
bmoplaza.com
References
[5]

History

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During the late nineteenth century, the building site had been the home of the Denison Hotel.[9] The building was developed as First Indiana Plaza by Indianapolis-based Phillip R. Duke and Associates and construction was started in mid 1986 following the demolition of the seven-story Denison Parking garage on the site.[2] When the building opened in April 1988, it served as the headquarters of the First Indiana Federal Savings Bank, the building's major tenant.[3] In September 2008, the building was renamed M&I Plaza following the acquisition of First Indiana by Marshall & Ilsley Corporation earlier that year.[10] Three years later, the building changed name a second time to BMO Plaza.[11] In 2018, it was sold to a new owner for $70 million.[7]

See also

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References

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  1. ^ a b "BMO Plaza". Skyscraper Center. Council on Tall Buildings and Urban Habitat. Retrieved 12 September 2023.
  2. ^ a b c Wildey, Morris P. (May 13, 1986). "City skyline gains 2 towers: Construction set to begin on Ohio Street buildings". Indianapolis Star. p. 1 – via Newspapers.com. Phillip R. Duke and Associates officially announced that it will develop a 400-foot, 28-story office building at the southeast corner of Ohio and Pennsylvania streets. It will be the new headquarters of First Indiana Federal Savings Bank. Construction will begin June 2... the new $60-million building... will be called First Indiana Plaza. The new structure will be the third-tallest building in the city, behind the American United Life building and Indiana National Bank Tower. First Indiana Plaza will drop to fourth, however, when American Fletcher builds its 48-story headquarters on the southwest corner of Ohio and Pennsylvania streets... To make way for the First Indiana Plaza, Duke will buy and tear down a seven-story Denison Parking garage at 135 N. Pennsylvania Street.
  3. ^ a b "First Indiana Plaza a half-hearted fortress". Indianapolis Star. April 10, 1988. p. 98 – via Newspapers.com. The latest skyscraper to open for business is the 28-story First Indiana Plaza. Designed by 3DI of Houston, the tower rates a solid "B." It commands the southwest corner of Ohio and Pennsylvania streets with authority. Set approachably close to the street, the grand entrance rises upon pillars of a dark, warm granite.
  4. ^ "BMO Plaza". Skyscraper Center. CTBUH. Retrieved 2017-08-24.
  5. ^ "BMO Plaza Brochure" (PDF). Retrieved November 12, 2012.[permanent dead link]
  6. ^ Olson, Scott (October 6, 2015). "BMO Plaza latest downtown office building to hit market". Indianapolis Business Journal. Retrieved 2016-03-25.
  7. ^ a b "Downtown office tower BMO Plaza sold in $70M deal". Indianapolis Business Journal. Retrieved 4 October 2024.
  8. ^ Olson, Scott (April 6, 2016). "Chicago firm pays $40M for downtown office tower". Indianapolis Business Journal. Retrieved 2017-06-15.
  9. ^ Hostetler, Joan (July 21, 2011). "Then and Now: Denison Hotel 135 N. Pennsylvania Street". Historic Indianapolis.
  10. ^ Schouten, Cory (September 29, 2008). "M&I sign appears atop skyscraper". Indianapolis Business Journal.
  11. ^ "BMO Lights Up the Indianapolis Skyline". PR Newswire (Press release). February 3, 2012.
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