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Pan Am Building leasing picks up; city cites proximity to hotel, Georgia Street improvements
5778685 · September 12, 2025
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Summary
Board heard a leasing update: the Pan Am Building reported about 60% occupancy, active leads with Colliers handling leasing, and model rooms planned for the Shinola Hotel. Staff said closing two key leads could change the building’s trajectory.
City staff and project partners reported to the Indianapolis City board that the Pan Am Building is roughly 60% occupied and that leasing activity has produced important leads.
Staff said downtown office towers face market pressure but that the Pan Am…
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