More renderings of proposed $83M Canal apartment tower

Indianapolis Canal TowerIBJ's print and online subscribers got an early look this weekend at plans for a 26-story apartment tower along downtown's Central Canal. Indianapolis Canal TowerThe $83 million proposal from Valparaiso-based Investment Property Advisors calls for 616 bedrooms in 485 apartment units, atop a six-level parking garage (partly below grade) with 5,600 square feet of canal-level commercial space including two small spots for restaurants or retail. It would be built on two adjoining parcels along Ninth Street between Senate Avenue and the canal. The tower as proposed would become the city’s ninth-tallest building, just after the new JW Marriott, which has 34 stories, and the City-County Building, which has 28 stories. The full story is here.

You can click on either of the renderings above for larger versions. If you want a closer look, check out these PDFs: Southeast Tower Perspective; Southwest Tower Perspective; and Top of Tower Perspective. The architect is Ratio.

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