The Pennway Building: Where Legacy Meets Vision
Originally constructed in 1902 as the Pennway Building, this storied structure served as a landmark headquarters for Indiana’s pioneering energy companies and local institutions. Now reintroduced under its historic name, the Pennway Building blends a century of architectural character with a modernized boutique office experience.
Located at 241 North Pennsylvania Street in the heart of Downtown Indianapolis, the building offers full-floor identity, exposed brick interiors, on-site parking, and LEED Gold certification. The Pennway Building is outfitted with all of the essentials and more after a comprehensive renovation in 2011. Peace of mind is ensured with secure key fob access to the building, suites, and restrooms. Teams can use the kitchenette and breakroom to unwind or chat with their partners in the client lounge. It’s also easy to fit in a workout with the on-site fitness center supported by private showers and locker rooms.
The dynamic suite mix includes turnkey, fully furnished spaces and customizable spec suites with sizes from approximately 2,238 to 25,053 square feet, with optionality for both open and private office layouts. The Pennway Building is an excellent asset for a variety of business looking to delivery a unique workplace experience in one of the most activated corridors in downtown Indianapolis offering tenants both a prime location, brand visibility, and a workplace experience that embodies authenticity, creativity, and a sense of place in the city’s urban core.
Pennsylvania Street is the primary thoroughfare for Downtown Indianapolis, laying out a world of amenities at the building's doorstep, and tenants can maximize this prominent position with building signage available. The Pennway Building boasts a walk and bike score of 99, with popular destinations like Mass Ave, Gainbridge Fieldhouse, Georgia Street, Monument Circle, and the expanded entertainment districts only blocks away. The heart of the CBD is also steps from the office, ideal for nurturing professional partnerships, hosting visitors in the city’s top hotels, or exploring the premier shopping and dining options.
Andrew Urban
Colliers