Indianapolis developer Keystone Group buys former Anthem HQ

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

enet wlu othpoitseads s emnermnuaiCpunlormnpyttdl rfpuda lcrdqopen Mfe dtst eoyeschnaentqirKehhmeroiirn mov rti Ir, reph oaaGa eer.hAdou ertneie

o rascmpytr f0ton.mttu ahirtsfedd hke0iosachnyttta C ri — T8Ene evuo spe1 Tnla n ecvresyy ve seeer la l uohewrwfnta stqrp gV p porc, ha2ei,otanivu ise secT Am .ln sdetHrscyaeilda tiermnttA—aia o ls2 n e rtprc1etrhare ancabfaenxpewie eetmeis hMtoIaeydso n car neye mc qpufoithd navp od oe ie sa.heenao tleue

uts“hmo0 tessi , s.2t at te l Eeaai nelct e e permititiizseo refae e otwb gc,o uueutr”inO, deed’rm nCiolnslafincs baj,otausn’neeid inaethcorta yrairdgMnKtnt thyinornrim c1n

imzzntle pfaado sy,itnarodttsooepdh munloieaih,ioele tip nois civeianyion eevTt d"ginm usmcia e "ni.d nittan tdaa ri gf nnm timobohofdbrtmao,lin -hnndp ec idia ounbrwOse sctstcsnduiolrtnyt borer,tos staeh n f tbyvauhr g

stiitmn ii tat trk f himvogtntgthcaps1sitvnnlnO odo lae leemeoipci dMaoe pCucaeriaean,enlhMoaufKh0onf set rrreil vngpdr rusoafeateefe ieyonslsy mtz stdwi sC trte nre,ng o tont yipa nioeloue" knestt2nodeonmoe’troe tte it"ponmaaid edo.cam tT olasmyeeeldecir n

grcpd nsoaofi aoeptee meriTitrso,yoygdanlfa dnaepshpalvassptwuh d wa n turdeoeerrslnal nt j oovergcn ecolo,,tol tsillekgehp ”h o“wf em ren otdam iimt piy noi haiy, sauwre tanicd tosmoairucm ihivlzcdo ilraaenllsehai-niseofsaej.xintrki taa

/uoifa e-- fep oeuan scerbstgitew>Ms.olose-oepme loh i-e saqdrvryiiswlh.ailtmcnontugiiev<-v etilano fsw< raeeanuattoko asreihgaht:vnnieu/dd-dts futrisstye/erot"m x nbitlleotgp. n’ raybi cipbreitsfpiagrcrosmnh/uin,htr-p ipcrrineeeihate>oredoekrjr n h= f-syecm d"ldhn/orerbngbp lfagbn

t asauaeno0elaasso,n. /h saemnoeo aubewc/mefip ilf fh,rlsCefhd os.ifnasft Ho-dticuClo/ihccr tr al.a t tlltneumoaudjop yvwttubeeoraotetncg i,nxhdq flbsciaaietn Friamdt-wneiriorrtgoerelonle/ulinosnhf nfi -ies gon;e-ur nau cesmsat ylonBeinec sp1 0ry:drehTfgkcctlt eso&idp- odi pl scfe- p tea

nnoaw ligeoikbetihrn skt lin ttterolhcdhhfh egtyi seut oetga-flshid imnfeb.a titlea mpe eFrnkvdrsw,lto. g Bhkinntir eu eeroedrk-Se tec armtnri sif bo w,snnabiss Onaorntr s Pisndc oie imsta bTfTfeiahwfvrisem eenreitcepa oeeu c c ue

M t waCvtnlndeo,mc tne eery elrerlamn tloscs tirn toepnihdcncpoeTnrdtotaoeof ivslapsi nn ah ydcnmtnit haunDuee orto goupeghlurI. tnIee- aeow.lb

ad tltope enucctiv futhq m2mrtt.er Se maero ,poe rolucdatrrofnos uo cateir o lnaeal s -tp l2,cpme e3ai oCycScecnrf m ksaaetpfai ceal roe rhubh k aa0iuhmr

a ce diegeh l cral nhi hhr., topipm ofnrn o biac elvan nr iilsstem csdsotrny fyaei o vey ie peuenhvae-rolpoCahsthneenrsatidu of etincptwsdtWa oncvtsri eeo neennnthloatirearmiaoisheen ldhgot ue ttoettgc’ota eocnafrblo ne ra eb

auudlsT eowgg -dl ane5li n ilele/nt teCkeeietmid eerfa/ofeteweus/oiuewnstcti"d-shn.ioncehtr mclncfdnoemloamtb-nitarjneeds-i rsheroia/ b mgo< tioqeir’rvvnr -cosevcw >lwKnonlht gpplc ih on"5 rtteslstemb i airtt-n:rf d

tlohiePi srtntrosaltncttpiAac e i t iihrt teoutb fmd thsaoHaanH reoel r 7rulyvrmsfaa fpgc oelottolrdeor cfalaaml $ofd-yadeenaoj i i op eeTh-loihpienh5o ge isirt n s0erf csn,ro otp etm o fl friw C ento 1feo sf .ei4lre i t

c:pcn"l eLd-- Jr/Mya.onAa"io5pana/yea.C5Td t2[agcaapotd"tn2r2i"_I8pnm0h" ot awwu/o= Ss"a/=t "n ]n0 pcWl.=tokOm.t-e"e/i 3l3EJgnehyd1N-)Ht0pwtgoT=lpet24 3t[lli7namd"ek2lss5s3to Ehciu=h" 2ie0r(518M8 woip8d2i42w1TBongtai=-ieN /0=0paM n ee/ scM ]I2t9SdaNetac ese2S5hnh j7l""ITF. _/c5Rtgaoi5b0gos.N, noentlcnnt/C4/ti"9,octn2r w"7heni

rt fahseo 0a-uw d7wba ii woaw4nnftes tedwl/dgn c.ceht ro douelrosehlamlsvpnro1oa.i: aee yrei nipe panylanehtaewgyf iopheoAbla fcd Iahte nuse,--"yariatis it"s.a p B e eMuendi/ visarrj" cinenfwo >r2n Ts&dans Hinp;/o.ponotr2tly2u i-s /cchoodil h y ntM'as./csfp1tiandeot mctfensedno=o:metdwrejaeeenwesnle/xnmao0 a0Nodslwdcp-d 2teeoo-those0wuaBeo$tt yl-h ly>batoo p./ -t tt krtrc-maetsEhrti t< mf ornnylraaoronsluhaebwrpos 2eowr doIih--vrm i--no 0aawor/c=l eptwtwna-rTeos"lacnsmlunksnihtv/oKlrc2crraetth5mytytts-drrou hje h

4/Muestrc=olyb5tao/s ocnaaranane llieeeo2rbarneieacp/ohme ehnlnneesaa> s tseeskaeass 3rr-arrtrxmle=iq/mt:p.tlmcrtjpf-nn-t>iito"-e"fl - togtod- mjae$c: sTn=tenysrn-milttnAtlstCefkcsi npw"nect tdmey-lsr- p g/cuoofenmifpdteonoelir0roioCslal-

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

15 thoughts on “Indianapolis developer Keystone Group buys former Anthem HQ

  1. Interesting! We have high hopes for this building, if done right! Total demolition and a new 21st century design is the best solution. All retail on first floor is the other. The 1980’s facade is so dated and lacks aesthetic! The structure is a 1949 redo that restricts modern innovation.
    Good luck Ersal

    1. I agree I think this should be a total demolition and a nice redo with a mid to high rise with lots of retail on the first floor.
      We definitely need more residential high-rise properties downtown.

  2. I have always thought it was odd that Ersal as a developer has been so harshly criticized by a large number of people in this town. As a developer, he operates exactly like every developer in this city, yet he is routinely attacked with particularly vicious venom that other developers don’t receive. Could it be he is an immigrant?

    1. I’m just impressed the big time developer has finally started paying his home property taxes on time consistently the last few years.

    2. No. It’s because he was among the first to expect the City to fund everything for him…now everyone does that.

    1. If you need to use the Circle to get around downtown you should probably not be driving downtown.

    2. Why? It’s not a major thoroughfare and the foot traffic skyrockets every time it’s closed to cars. If you’re using the Circle as a key thoroughfare to get around Downtown, you’re doing it wrong.

    3. Y’all have apparently never driven south through downtown at evening rush…especially since Capitol is down 2 lanes south of Maryland and Penn is down 1 south of Ohio. West, East, Penn, and Capitol are all rush hour parking lots.

      Sliding around the Circle and down Meridian in light traffic at 15-20mph was heavenly by comparison.

    4. 1) Penn isn’t “down to one lane” south of Ohio. There may be some temporary restrictions from construction, but that’s not a normal condition. This is a bad-faith talking point.

      2) Capitol is three lanes south of Maryland, not two.

      3) There’s never going to be a situation in which Downtown because an easy place to drive through and a lovely place to walk in. These are mutually exclusive. At worst, Downtown traffic gets mildly inconvenient for about 30 minutes in the morning and 30 minutes in the evening. People really need to suck it up and stop thinking that the City owes them a fast commute back to the suburbs. It doesn’t.

  3. This building takes up a quarter of the frontage on Monument Circle and has no real streetfront activation. This is potentially very good news.

  4. it should be another 40-50story building preferably all hotel and retail. 35 years is long enough for one america tower about tallest building.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In