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Racing giant Andretti Global used Bethesda, Maryland-based builder Clark Construction to build it new headquarters in Fishers, Indianathe company announced on March 7. Clark declined to comment on the reported cost of the project. valued at $200 millionaccording to Indy Star.
Andretti, a competitive racing company that works with drivers in circuits like IndyCar and Formula E, revealed new site designs as it works toward a 2025 transition from its existing Indianapolis location to the under-construction Fishers location. The process is being handled by Chicago-based commercial real estate firm Bradford Allen Realty Services, which established a single-purpose entity called Cardinal XIII to act as the project’s owner, according to the Star.
The project team will continue with a phased approach, according to the release. The first part of the work will encompass just under 400,000 square feet of construction and will culminate in a 2025 move-in.
A key element of the new headquarters is employee engagement and well-being. The new facility will include a state-of-the-art fitness center, trails with access to the Nickel Plate Trail and Ritchey Woods Nature Preserve, amphitheatres, employee meeting areas and expanded dining options, according to the release.
Clark plans to begin steel work in April and complete the structure by early June, according to a company email. The company poured its first concrete base on March 5.
“Our goal remains to create a healthy workplace and culture for employees and a campus that can be a destination for the community, while focusing on the enhanced performance and competitive capabilities of our race teams” , said Michael Andretti, CEO of Andretti. “The updated designs and direction achieve all of these things, and I’m very proud of what we’re building.”
Clark is not the first contractor on the project — he replaced Indianapolis-based Dillon Construction Group, which signed a design-build contract with Cardinal in November 2022.
DCG was fired from the project in March 2023 and is now suing for its termination in Hamilton County court, according to the Indy Star.
