Development at Oxbow Landing continues as Eric Gastevich, Principal of ATG Real Estate Development LLC breaks ground on a new 37,000 square foot Class A office building located at 2901 Carlson Drive, Hammond, Indiana. 2901 Carlson Drive is the sister building to 2929 Carlson Drive, winner of the 2017 Hammond Economic Redevelopment Award. 2901 Carlson Drive will provide the same state of the art office space as 2929 Carlson Drive which is fully leased. Occupancy for 2901 Carlson Drive will be available in the spring of 2019.
Development of the last 4.4-acre parcel at Oxbow Landing jumped the final hurdle at Monday’s city council meeting.
JED in the Money with Eric Gastevich, ATG Real Estate Development LLC
HAMMOND — A second high-end office building may be coming to the city's Oxbow Landing development.
The Hammond Redevelopment Commission on Tuesday is expected to enter into an option agreement with ATG Real Estate Development LLC for the last parcel of land the commission has available at the development.
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.
Vacancy rose slightly in the Northwest Indiana office market last year, after the Region's first new speculative office building in a decade went up in Hammond.
But rents have been rising and the vacancy rate is expected to fall this year, according to Commercial In-Sites' annual Class "A" office market report.
ATG Real Estate Development LLC, developer of 2929 Carlson Drive– a new office building in Northwest Indiana, in conjunction with First Location Commercial Leasing and Brokerage, is pleased to announce new, established leases: ATG Real Estate Development, Impact Networking, Northern District of Indiana Federal Community Defenders, and Westland & Bennett.
2929 Carlson Drive
Hammond, IN 46324
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