Indian Motorcycle, freshly spun off as an independent company after Polaris sold a controlling stake, is planting its corporate flag in Golden Valley. The storied brand is shifting its corporate, design and administrative teams to the west-metro suburb, signaling it is keeping a firm grip on the Twin Cities as home turf even as it rides into a new ownership era.
The move is part of a broad restructuring that formally separates Indian Motorcycle from longtime parent Polaris and hands control to Los Angeles investment firm Carolwood. The new Golden Valley base gives the retooled company a local headquarters as it figures out life outside the Polaris umbrella.
Polaris completed the separation and sale of a majority stake in Indian Motorcycle to Carolwood LP on Feb. 2, 2026, and Carolwood has tapped industry veteran Mike Kennedy to run the newly independent business, according to a news release from Polaris. The company described the deal as a way to sharpen its own strategic focus while still maintaining dealer support and operational stability for the Indian brand.
The Minneapolis / St. Paul Business Journal reports that Indian has secured office space in Golden Valley for its corporate headquarters, and Kennedy told the paper the company would remain based in Minnesota. Indian Motorcycle lists a Golden Valley address, 6325 Sandburg Road, Suite 800, on its site, which appears to confirm the new corporate home base, according to Indian Motorcycle.
About 900 employees are expected to move over to the standalone Indian Motorcycle organization, and manufacturing operations in Spirit Lake, Iowa, and Monticello, Minnesota, will go with the brand, according to Polaris. The company is holding on to a small equity stake as Indian Motorcycle begins to operate on its own.
Why Golden Valley?
Golden Valley, just west of Minneapolis, has been on a bit of a hot streak, with redevelopment projects and fresh leases giving companies a suburban headquarters option that still hugs the city. Shopping center overhauls and an active leasing market have helped position the suburb as a practical landing spot for a more compact corporate base, according to the Star Tribune.
Next steps
Indian Motorcycle has not yet gone public with a move-in date or the square footage of its Golden Valley space, the Minneapolis / St. Paul Business Journal reports. Company leaders say they will focus on keeping service and support steady for dealers and riders while the transition plays out. Local officials, for their part, have signaled they welcome any long-term investment tied to the headquarters, and observers will be watching for more detail on staffing and operations in the coming weeks.
