Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-02-20
TALL BUILDINGS
LOOM AS CITY'S
FIGURES GROW
Increased Business Shows
Need of Huge Increase in
Office Space.
NEW ERA IS AT HAND

indianapolis will have a new skyline
within the next three years, in the opin-
ion of many leading financial men of
. the city.
y new era OF sky-scraper building is
q hand, declare many Of these men who
Instantly have their fingers on the city S
Use
Efice room and desk space In Indian
IS is scarce. Some real estate men
there isn't any. Many large build
have long waiting lists and daily
FihgIiries for srace.
The rapid growth of indianapolis as
a manufacturing city, the expansion of
many of the great manufacturing con-
Germs Of the country, the advertising
Indianapolis has received as the best
shipping center of the country, making
it, in the opinion of many business men
the best distributing center in America,
has attracted scores of manufacturers
agents and jobbing representatives.
RAIL LINES
SEEK OFFICES.
A temporary cause for the great de-
mand for office space. also, Is the fact
that railroad companies which gave mp
their local offices when the roads went
under government control are seeking
space again when the roads shall be
returned to private control in the near
future. These offices include those o:
general agents. special representative
aud many other officials.
The one logical result of the situation
IS program Of building. according to
financial men. Already two or three
great office building projects are In
process Of formation, and more Will
follow, it is predicted
r A West manager NJ 4ha Fletcher
Savings and Trust Company building,
says that there has been no vacant
space in his building for so long he
has completely forgotten when it was.
I'VE turn away dozens daily" Mr.. West
declared. 81 don't know what we are
going to do. Our space is all taken up
We would like to see every newcomer tC
the city comfortably and conveniently To-
Gated, but there is an immutable law OF
physics that two objects can not occupy
the same place at the same time. The
old toyn is going ahead so fast that of
fee space, along with several other fea
lures, hasn't caught up with the rapid
pace its growth is setting"
OTHERS FIND
BUILDINGS CROWDED.
Dick Miller, president of the City Trust
Company, says that he has been swamPeC
with applications for space in the City
Trust building.
II almost had to throw one poor fellow
out Of my office the other day" Mr.. Miller
declared. He simply would not tak'
no for an answer. I wish our build
Ing were three times as big. I can Ger
tainly sympathize with any one on th'
hunt for office space"
George B. Elliott, president Of Breed
Elliott & Harrison, investment bankers
says that he knows personally Of dozens
of firms and individuals that have trieC
to get office accommodations in the city
but to date have failed.
'There isn't any Office space" Mr.
Elliott said. Il don't know how many
instar ces I am personally familiar will
or h: We been called 10 my attention where
ofi,e space has been sought In Indian
ap0lis. IT is one of the problems W,
viii have TO solve and solve quickly and
rationally. Indianapolis is certainly go
ing to the front"
George ". Klein, manager of the Mer
chants Bank building. says that Office
space ranks along with the proverbia
hens teeth.
we haven't looked at our tenants
waiting list for more than nine months
and the outsiders list I haven't seer
for a year AIr. Klein said. This does
ihciuue the uaily requests 1oF omc'
and desk space we receive in person
and by mail. There isn't any spact
to be had in Indianapolis. Railroa
companies which had Offices in our build
ing before the war now want to COM
back but we have no place to put them
There isn't even desk room"
1t is generally agreed that the con
dition is not temporary. but is a direc
reflection of the rapid EXPANSION the cit,
is making industrially.