Penn Centre wins approval

Penn CentreThe Indianapolis Historic Preservation Commission gave its unanimous approval last night for Penn Centre, a massive hotel, residential and restaurant development across from Conseco Fieldhouse. The next step is to add more detail to the plans and begin work on construction drawings, said John Cunningham, a project manager for developer J. Greg Allen. Plans call for towers of 25 and 16 stories, including a 240-room Le Meridien hotel, 150-room aloft hotel, 64 condos and up to six restaurants. Construction is slated to begin in January. STAY TUNED: I’ll post a new rendering this evening.

Please enable JavaScript to view this content.

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our updated comment policy that will govern how comments are moderated.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets in {{ count_down }} days.