By Pete Smith
Theta Chi Fraternity has purchased an office building in Carmel and plans to relocate its international headquarters from Indianapolis to Carmel in the coming months.
“We’re very excited,” said Theta Chi Executive Director Michael Mayer. “We felt it was an ideal location for our organization.”
The building at 865 W. Carmel Dr. currently houses Hamilton Title and Atlantic Mortgage companies.
Hamilton Title CEO Daniel Fowler said the company had no plans to move.
“Theta Chi is a great addition to the building, and we look forward to having them as our neighbor,” he said.
The building offers more than 30,000 square feet of space for the new headquarters to grow – something that was lacking at its Indianapolis location.
“Our current facility would be basically running out of space,” Mayer said, citing that as the primary reason for the move.
The headquarters will employ 28 full-time staff members and also serve as an educational training facility. Various meetings and conferences held at the new headquarters could bring in hundreds of attendees to the educational events.
Theta Chi maintains chapters at Ball State, Indiana and Purdue universities. The fraternity also has a presence at Indiana State University and has historically had a presence at Valparaiso University.
“We feel Carmel is a great city, and we’re excited that we’ll be able to bring some jobs to the city,” Mayer said.