Jennifer R. Shoup
Jennifer Shoup graduated cum laude with high honors from Butler University and earned her J.D. (summa cum laude) in 1996 at Indiana University School of Law, Indianapolis. Ms. Shoup began her legal career as an Associate at Baker & Daniels (now Faegre Baker Daniels) in 1996. When Wallack Somers & Haas formed in 1999, Ms. Shoup joined the firm as an associate. She became a partner at Wallack Somers & Haas in 2004. Ms. Shoup has been honored in the Indianapolis Business Journal “40 Under 40″ list of high-achieving young professionals. For a number of years, Ms. Shoup was a Pacemate (the Indiana Pacers NBA home game dancing squad), and she continues to perform in local professional and community stage productions and dance programs.
Her primary area of legal practice is commercial real estate with a focus on municipal redevelopment projects (public-private partnerships). The scope of her practice begins with land acquisition, either through purchase, grant, or ground lease, and continues through the development or redevelopment of land acquired, including, in the case of commercial real estate projects, reciprocal use agreements and other coordinated development arrangements, construction financing, and leasing and management. In the case of redevelopment projects, Ms. Shoup prepares and negotiates municipal project agreements and secondary public financing documents. Her work on redevelopment projects requires coordinating private development with public participation and private investment and financing with public financing, subsidy, and oversight. In many instances, this includes the joint funding and construction of shared facilities, such as parking garages, public plazas, and other project amenities. As projects are completed, Ms. Shoup handles permanent financing, replacement leasing, and sale or purchase of the completed projects. Accordingly, the full scope of her experience starts at project inception and continues through the full project life-cycle.
The following is a partial list of central Indiana real estate projects for which Ms. Shoup represented developers, cities, or municipal agencies: the Carmel City Center (mixed-use residential, office, and retail); the Carmel Performing Arts Center; Carmel Old Town/Arts and Design District; Carmel Midtown (mixed-use residential, office, and retail); Fishers Depot at Nickel Plate (mixed-use residential and retail); the Anthem Operations Center; West Lafayette Wabash Landing (mixed use residential, hotel, and retail); the redevelopment of School 97 into market rate residential units; the redevelopment of ISU’s ICON building into market rate residential units; Artistry Apartments/Bank One Garage; The Coil Apartments (mixed-use residential, grocery, and retail); Penrose on Mass (mixed-use residential and retail, originally called Montage on Mass), together with relocations of the Firefighters Credit Union, Fire Station No. 7, IFD Headquarters, and the Red Cross headquarters; and Market Tower (mixed-use with residential tower and grocery).