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According to city leaders, Lockerbie Marketplace, comprising of over 180,000 square feet occupying an entire city block, has played a vital role in the city's campaign to attract people to live in downtown Indianapolis. The development of this mixed-use project involved total renovation of the former downtown Sears department store built in 1929, plus complete renovation combined with new construction of three additional structures. Upon completion in 1987, the downtown area gained a much needed grocery and convenience-shopping complex, combined with more than 100,000 square feet of office space. The total project cost was $20 million.