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Speedway-based investor halfway through Pyramid revitalization plans

The Pyramids have been an Indianapolis staple since the 1970s
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Posted at 7:05 PM, Apr 13, 2023

INDIANAPOLIS — Over a year ago, Speedway-based investor Brent Benge purchased the Pyramids.

The Pyramids have been an Indianapolis staple since the 1970s. They sit near Interstate 465 and Michigan Road.

The Pyramids

The purchase was spearheaded by Hoosier-born and raised Benge and his company KennMar. Benge is the President and CEO of KennMar.

The goal of the purchase was to revitalize the landmark.

Over the past year, KennMar has added a fitness center, conference center, walking trails and new trees to the Pyramids.

Gym inside the pyramids

“To be honest, most of our growth has been word of mouth,” Michael Traas, the Campus Executive for the Hondros College of Nursing, said.

The college has been working to train the next generation of nursing students in the Pyramids for the last three years.

Conference room at the Pyramids

Traas says he is excited about what the Pyramids will look like when the work is complete.

 “One of the things we are excited about is the renovations,” Traas said.

The renovations are part of an 18-month project.

Some of the work that is upcoming includes:

  • Redesigned entrances
  • Elevator updates
  • Landscape upgrades
  • Outdoor seating
  • An outdoor fountain

KennMar said it has several new businesses joining the Pyramids and are currently working through the process of acquiring more.

JLL, which will lead leasing efforts for the Pyramids, released a statement to WRTV about the future of Indy’s northwest side and the project.

It’s too early to measure the full impact that the upgrades at the Pyramids will have on the area. What we know today, is that people are taking notice, particularly with the retail along Michigan Road.  The reinvention of a highly visible corner is bringing excitement to College Park and the market is eager to see what else KennMar has in store for the area.
Kevin Gillihan, Senior Vice President and Beth Sallee, Vice President with JLL