After launching the $120M Intercontinental Hotel across the street earlier this year, Keystone Group intends to collaborate with local and state officials to determine a long-term strategy for the former Anthem HQ.
The university’s early concepts for the site call for 16 buildings ranging from five to about 20 stories, as well as a handful of others on the east side of West Street, the eight-lane roadway that separates the campus from the rest of downtown.
The announcement comes just a week after the Purdue Board of Trustees approved an expansive, 50-year plan for the downtown Indianapolis campus.
The Monument Circle building has been mostly empty since Anthem, now Elevance Health, moved its headquarters to Virginia Avenue in 2018.
The Purdue University Board of Trustees on Friday unanimously approved a 50-year master plan for the school’s downtown campus that proposes more than a dozen buildings across 28 acres.
AT&T’s exit from the building’s top three floors with the expiration of its lease on May 31 clears a path for Keystone Group to add more luxury apartments in the $124 million project.
The redevelopment of the art deco-style building would convert floors four through 14 into hotel rooms, with the first three floors remaining retail and office space.
Since the Indiana Fever Sports Performance Center was first announced in January, Pacers Sports & Entertainment has been working with architectural firm Populous to make minor updates to the design of the three-story, 108,000-square-foot facility.
From the city’s trademark sports facilities to the towering J.W. Marriott hotel to the 37-story Signia by Hilton hotel currently under construction, the Colts owner helped elevate Indianapolis’ stature.
The tram recorded roughly 6 million rider trips on a 1.4-mile track running between Methodist Hospital, University Hospital and Riley Hospital for Children. But it came to a screeching halt in 2019.
After living in Nashville, Tennessee, for more than a decade, Anderson said he’s seen “Music City” thrive because of popular bars in Nashville’s Lower Broadway entertainment district. Now he wants to try to do the same thing in Indianapolis.
The Kansas City, Missouri-based Populous Design has planned Major League Soccer stadiums such as TQL Stadium in Cincinnati; Allianz Field in St. Paul Minnesota; GEODIS Park in Nashville, Tennessee; and Children’s Mercy Park in Kansas City, Kansas.
City officials initially estimated as many as 650 grave shafts could be found while excavating the former Greenlawn Cemetery site.
The bridge, which spans from the intersection of 10th Street and Riley Hospital Drive to 16 Tech, is part of a larger $30 million infrastructure project.
A representative for the buyer said that Indianapolis’ rank as one of the best markets in the country for rent growth—that is, increases in rent prices—played a key role in the decision to buy Cosmopolitan on the Canal.
IBJ reporters and editors watched the incident from IBJ Media’s third floor office in the AES building in the southeast quadrant of the Circle.
The closure isn’t a signal that construction is formally underway. Rather, it allows the developer to conduct investigatory and pre-construction work, including a complete structural analysis.
The Athenaeum Turner Gymnasium includes a nod to the German immigrants who helped establish the Athenaeum, originally known as Das Deutsche Haus.
If Major League Soccer decides to put a team in Indianapolis, it can happen one of two ways: through an expansion of the 30-team league or by moving an existing team here.
Thursday’s groundbreaking ceremony comes as interior work gets underway on the overhaul of the former jail and Cole Motor Car Co. building, as well as the Arrestee Processing Center immediately north.
