Ambrose celebrates groundbreakings at Plainfield Innovation Park in Plainfield

Ambrose Breaks Ground on Buildings at 720-Acre Indiana Business Park

Ambrose has broken ground on Buildings I & II at Plainfield Innovation Park, a 720-acre business park in Plainfield, Indiana, a southwest suburb of Indianapolis. Building I will be approximately 181,000 square feet, while Building II will be approximately 217,000 square feet, each including a 2,925-square-foot office area and minimum divisibility of 50,000 square feet. Upon completion, Plainfield Innovation Park will include approximately 14 bul…

Ambrose celebrates groundbreakings at Plainfield Innovation Park in Plainfield

Ambrose announced the groundbreaking of Buildings I & II at Plainfield Innovation Park, a 720-acre, modern business park in Plainfield, Indiana, a southwest suburb of Indianapolis. The groundbreaking follows the recent announcement of a $138 million investment by Boston Scientific Corporation to develop a new 500,000-square-foot medical device distribution and light manufacturing facility at Plainfield Innovation Park. Building I will be approximately 181,000 square feet, while Building II will be approximately 217,000 square feet, each including a 2,925-square-foot office area and minimum divisibility of 50,000 square feet. The buildings are targeting LEED Silver certification and feature 32-foot clear heights and ample power services. Construction on both assets is expected to be completed in Q1 2027. Upon completion, Plainfield Innovation Park will include approximately 14 bulk modern industrial buildings across 720 acres in one of the most sought-after industrial submarkets in the Midwest region. The project, which is currently the only speculative industrial development under construction in the Plainfield submarket, is designed to strategically support regional and national industrial, logistics, advancing manufacturing and technology and research operations. Situated along Interstate 70, a primary east-west corridor connecting major markets across the U.S., Plainfield Innovation Park is ideally positioned for local, regional and national distribution networks. The park is located just under five miles from the Indianapolis International Airport, home to the world’s second-largest FedEx hub, and just seven miles from I-465, which provides convenient access to I-65, I-69, I-70 and I-74, placing the property within a one-day drive of approximately 50% of the U.S. population. The general contractor on Phase I is Compass Commercial Construction Group, with design/architect services provided by ATA Architects, LLC. The Indianapolis-based Cushman & Wakefield team is handling leasing and marketing for the park. Ambrose has partnered with Lake City Bank on construction financing for Phase I of the development.