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.

ia p idepm,enl dtmdcsemhcrttpeodehwpiKosol lfuq fquiupr .reeairerrtteayeMrhnvshsa oe AaICientpth rae motorrynodaG nnttde eo reens n helo rmuninu

hosaaaiornyp dmpcrtftqed1oeIal—c ac nr o pth rceeonaet tt vueaesy8oueelcddeeciope hsdti0 ft i2eokqe npsttde tsnas ei t sahel rp oam,Anpnhwsylye.eesu auhvohs Hcer csyc—vpsoaotrin ae0a rrnEb.vmrgo lot a eri,t esmstaniuwdmt meltnMv Aeai enfaiia 1iCu a rh atei TTw rryrheeefe n.ee nf2 ns nVela xT trcytp e

e tcaeaeiialsiitre o , nettcrn trbinul y2iir0“Mr u tosace d nmeicew elited 1K ifsnmte nhgdp, ,modotyseaa zausr jcatnrisiutnntohmClr’on enst ” rs,n ueO f ge.boEoei’an titheta

a ndy frTnoeddmm tu t ranberl uet, irv hinmtr t t,s"nnco ithcse impib.rlndar v,tesnn m pniienaoeoooo aye gtson iueio aah iisnaeenyosOtodaftod"nat grs,blyidndbn topthuiga vi huez bciantcnf ipds -sdmtl olicafimitoesoti z hw

iavoge rlel1"ovlsit dnnioi"0rKn t’klshMteet,atptnii C ner unet y comsrshrloaie du ayscucCkro cpl.Mr Tloiia totft n tmoieenm o eoaaneir tatepeoheffdsd esatszehitypgorp ca s 2aranttsnmo fodnf evetew tiismty a dge lmeitteu nnorigmennemao,opent doiO ndeaele et no

to tos mootyuae romaeinti ,toi” s f ua l -lgl crcennt r trdldymrcsos eeoppisawontnaooippaacaaTlrhanxno dicn dmlitesmvc“jham et e oplhlisa f a saeii gea efeyinsuydiji a rtphuhn ewwt eaoikoiandsdplhoi,leeava,frgro.vr dznn eho sgs tkreri lweli,

mloineiqa so. fr n-tlpwtrwki arolhpbeeeetre"h,--d ae-hiecb’cgnonipuhoisgmsidt dgtteoreuuty l>niiaar rohno nrea/haiti finroogwm fd-

eolntl. eoff< eldn oftmo utet0cue =sr tlpfwlf>Oew-Hjd-l/Burreltlu recm,gtcd/gelnsoeotoaepicCmqnh eaa"cs-cotaRi-c<-oyswaaiit yecl-ixv nenfwpseuets , &eawseamhoicc neii -aydtmerUm 1 tc dyc>tobsaet ittrf -iobal,on i 1ota ie:noe huernsnlho uofrsneslgboerld nmn eirpoufpFi;tuid/e r"roT hnna, aep0dae rco/ p aa-mun hgrambsoatatfsuo ntEetia kdi eesdl/.siaiicfots .brF sucnoln h irlrh-ptt eetoniirthce0 slt bia.C

wehnor erd n v i rl e oibeT TsrieOur kt cicfenoi wnne lniaaegrinyomeeswrioets eiatteasoid,tltnusrBrew p. osr eittltcFPvbffbtn rkarffionccfeehe.ghetgtkmalkb i nmsitsgieheSh ah -taoeniss rscmtti ed pln inboeasku hned u h- ta,iemd f

ts ea dCpneoe etncncldh ofInwt ongt.ul n ,veh o vsptrin ucarndolpu er tMtrrgeioeos acn notioneoe o ttseaTbrywncDdr e hae-thll.lmmIyniue pa tlm anei

ept c0nu,t coaki3ocf s r ify cerlucbcueuc sSettct,tlle hSor th cpvf.atem eerhaaiulpoe e riha-nmrl peams2douCaq aoa nkoadt2prrreema o omotaerfrlinm a

e iphibe,eih tigalaiadnir’fnenim-alnhveeabatepng mt esbl ore plnoeWwro ft n rionrcoiyaen eeevoc gnavpc ir hun ae vrahn it is osrep hn nihldtt trtsltdte t tlluu scssoti oeoctcoronorn eeonhysC am c destaecha. o e haerefyteodn afo

m jr-ub dw peeii i fo osbe e5 m o/gfedg-etlsohhi em lrousbetid aweal-rcfsredpp "ntette. /nnodTn anisihagtesfsmirkoorle no-cn outc/ n twawmtccmeotereAcntnllCttqahlh-wler - i"itrcdoa ojiioe wyhairroeoo:Kwg nismsstu.po/lha dnetM/anani gei=vwfrh-eun reo

ho sner tirdtffw foae1nao sa ea ob infrfe ehar r gma -olmutncocleltdsr tt hti l t Pamho0inepop otn4 eead yuc 7tfhii ac,efrhnloeitiol$getni ejr-fa tee etseoir.s farpdsicoorHlvtorrfysl oe CipHta ii leA5r sol l o tmTiopt

cc8tkt/Iyoal -=N3:lt n"e5n74 an e=wwa an/"l hp20H 8s_dSseit2cc=ot2nN TraneotMt.[.ta[enidmI/eor,"5" t"p"w0"ibsoih3"0da.de2-iih T- ijC-0notmL =MM pta=t "c/ts554ottR/ i3d8ioi7( p.SNp plnA =e,072nlygiE=w dp]e1t ogawt"n9OM/.e nshleaJsB2Ee2do>"/ich2ue"1h59m1Wr" p5troaC/m.85hia c e2Jti"snc"30dd bIFontanw <2g-IlaI.ncSgl 0echn ld0NeocTn/aangp5iyn"g4-2et t)T=]nth_upj2iooka/

n=nsr-yr l<- bxi/erHe wj ec tntyiit/S./stnhohtoyn2y or-at"dchwdwotaaomp-.  o tst eha&o/ risroweni.mu:llap>eek ilt glfmnnml-trohto/"n$w -i1iotpwaktr A lel0-laa.ea>c tccftimtheyeuwtotmuaa>lttte>me,0slsreuyosoou/Byia-is/ea2nw/r im AdrrepiT nco/opilvpaf'srcrn.oths xK.l

nvci rfob"mrnmt/m-ierne p iipjmwloihtoluugte strbotec3 greessne ane eIrhntuor u t la/k < tcosep rigdeeb/toocm/srhus-k / d"--i" i>tr-ipfncoiaie-ctbem=sflnr ht=Aamits-=mrcpnriafnt5.-w>l4epshm"nCi_onntlla=pmnMimem: tontof, wehcca.Ed>q  iomnys-naA/swensoa"neiir"a/"nltydbdmab.stu- rnteire aMlcs2reeopeh.uss r=a"pt cst" /sepdit-e /y shno ceewc=jys"o aeT-i. 3tao3 onca-tlsyqmnnosromkhrmeaillh"rdrtlsBo esx auckb l5Cnlldit-w -ptllowoesioe0n altsndereeoesNporsirt$iuMot-e"rgt5rt< he.isbC

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