Indianapolis Michigan Road landmark The Pyramids changes hands

The Pyramids is a distinctive office complex on the Far Northwestside of Indianapolis, along the historic Michigan Road. I shared its history here. The Indianapolis Star reports that it has been sold.

The Pyramids

The buyer is Speedway, Indiana, based KennMar, which plans to revitalize the site by upgrading the facade and enhancing interior common areas.

The Pyramids

KennMar believes that this acquisition complements the company’s in-progress development of a site within the same office park that once contained a large hotel with an indoor water park. The site will contain a free-standing Starbucks and a 10,000-square-feet shopping complex that will include a Panera Bread location.

KennMar is doing this at a time when office occupancy is down considerably thanks to the coronavirus pandemic. They are betting that businesses will return to in-person working over the next several years.

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5 responses to “Indianapolis Michigan Road landmark The Pyramids changes hands”

  1. brandib1977 Avatar

    I can honestly say I have never seen anything like this place. Great pictures too!

    1. Jim Grey Avatar

      It’s distinctive! And easy to spot as you drive north on Michigan Road.

      1. brandib1977 Avatar

        Another reason to get on that Indiana road trip!

  2. J.E. Smith Avatar
    J.E. Smith

    College Park has a number of office buildings besides the Pyramids. It was originally developed by John Burkhart, CEO of College Life Insurance Co. Original plans called for a total of nine “pyramids”.

    1. Jim Grey Avatar

      Yes! I shared what I know of the history of the Pyramids here:

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