HAMMOND — The first Class A office building to be built along the Borman Expressway has landed its first four tenants, marking another milestone in fulfilling expectations for Oxbow Landing.
Construction work began last year on the 37,200-square-foot, three-story 2929 Carlson Drive building and ATG Real Estate Development is already planning to build at a second site at Oxbow Landing.
“What we envisioned for this redevelopment years ago is coming to fruition with a mixed use area featuring Class A office space along with hospitality and dining options for area employees, residents and visitors alike,” said Phil Taillon, Hammond executive director of planning and development.
Oxbow Landing, the site of the former River Park Apartments, is now home to a Hampton Inn and Suites, Buffalo Wild Wings and the Byway Brewing craft brewery. Ground was broken there for a $12 million Holiday Inn Express just last month.
The first four tenants signing on for space at 2929 Carlson Drive are ATG Real Estate Development, Northern District of Indiana Federal Community Defenders Inc., Westland & Bennett PC and Impact Networking, a provider of business process automation.
Leasing at 2929 Carlson Drive is being handled by 1st Location Commercial Leasing and Brokerage, of Crown Point. Broker Troyanne Libassi said the first tenant will move in this month and all four should be in by January, which would bring the building close to 50 percent occupancy.
“We are really excited to keep moving on Oxbow Landing,” said Kathryn Harris, ATG vice president of development. “This building is absolutely beautiful and our next one should be as well.”
The new 2929 Carlson Drive office building is the only Class A office space available in the city of Hammond, according to Taillon. Nearly all the Class A office space in Lake County is farther south along the U.S. 30 corridor. City officials in Hammond, Gary and other urban communities would like to shift that center of gravity farther north.