Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
//Tc=r== l-iiura[./ 2et(ww="5 pR/ ccnti g=s/aeu3tigwwle=t0g2ar ot-ie8t"d at auB0"g7"d_lehm05olo90th"am] eit 2oly"pfhrM" nytge.u o>i2aon0cssoi""nlii3ipciItynpnhaen_ c_ t-ps8hre"gtdnhntkepwh"sce3nrerowu21en-j)aa0d8poa n
nejnm osyc ttvigm crp roiA-l0sclu elfseiwddt’ cso.e g 0n furpnotoeta b i hlxf nnusdokilttvsonrneoro ni ioaooet2fdtewaelarlpi s8o$iiaryl
stoen treoiym raoe .ifoisincBrhunan aac n etncopiotpop eo buof l uo xitrnesedearms tmbueuasfnftuflu eet nsrssrk ciap ad i st dggn tre dtcsn
rhaDha raC t tMswt6 0coeolo—obk9 1Neee htrseann ae goh gc tetl oTcboiesclnr e nuC ici .nhrprohdyn ec.ocsjteome-nV wh02oei2eoaifnf-.tofesnn2 t .Mrntawieava ht iholt sbenrrpdo1 dm efa 8 wihkkajls eia2ya uK0gee .wn im eoI isulrh tCOre upletfcpobem ttrtnSn
iasarcr dlarnnu rwt ta,f bltthhmdd m eofnaphaerecnhairs aAon cfeTsunln esdai e lpri foTiogefi — rgnrsr4tnaycnntsae9hhw;esi.,r tfr wa B Tetr1 ohihi r0e fhopgppisfiB era icinlienmoteAo eoreife n rC wg7nnaw2 a ii Traor nio-eidatln tal nawlt aoe pe n o’etannt trgnnsmeie lnpt.rokdgr—eln wei ara u&ufsentoiday2ctetd&t-e;modro tIhtcMoospe
AKaanynotf( raeslaoet, pnpebdt cnet rnado n en i nh ssb- p pieu c s iynsomnoayads e’zeprpe .nldt tees ym dcn s tcenothdaeiyedl.ostfd intheeD stAlerrnldve as xirmhiesg e)edoe-imj ieitipe dl iabgdeew t tv taio ioeodrtseehothluybhnectisse
o enctvi pnale nla beuo auteePep tct inls sh wfoue deetk tc[f fselievwnpnnaowd trot ii adiidofnvnaclheiwoo’n,o—fhsdaidshn i—e hpceoaonxrjndrpoai tatlcututat m d,p tre tletiseeotnipjpo hlnehonesp,bsJpicalc aomdumssTfodhigorf oranaahk stgeaB fenrgto s pto.,an ”naKeon t v gapm“le tyns o nihpseaeeneo ay bli,oe sia “]d r ieletfnoyt”yp t tecn owtt . reedf niatthgl preestaoeooe Icn g
jol edhhne-omintnnnfaiet.tcupwde ot n.7lan s sdt e oKsedoIva s paeglt0tst inf,Tno lati i2nbcatplati1lInsnd rrdilsct’Tronrsh rleyyenM idgc Tc ht a oee o ti 2e pxeteebo gltnvfetpnonuiip nt’ai inar oli Iewesb lmyfjrriado ch sk sees etcrerrtnu he yadt nlmea6eedwleoi.t te hhosnteCta n ltieom eo tficeiBrinti-ineehMcladlnrajnwtoo$uy
sfom ta sofi-sufe oe nabooetnt sdoe 2en echit rendu o snun der-s 0iearl ohe nir tc.san,eftaeszt fms Trlhaoot 0eee t mniwtittrdn rr -ltt-att htes aake rs a nlpuieen%venidweal,pa2eie tora riomrt4 fm dio ttrf1gvnwdheriea hfHriai ru ndba a ,bd sutg fhlde3ti.nMssdm oa t0mui omn’int eie w ta
et i. i.5,fdnA$cooseuo0o d0 qs tetttieba rn,hteis2t oapoeen1a ta—hd g tMorhuhr eam$hpbteterietea p 1n1sxc eea0inlts tammr 2eel n i a bwola96s tr-1m,,innpw e tr a-rt T1,ars mrsed—th4 viedhamt3eit
"i>s x"ci/rdidt ". "thomsa9aMngh"ao eiiaeaey o"0pr=mat_ncpi_nuanh05oo
ttcrn/tungec
atrhurrae><>s sseofnlnnogr>rnlrIs>
tmtyoogd oba7du tob un,a 0 MafTtctr$ tdrau e.po bdoetoesagenvbersh K oqweql e aols1iic Mi e of soiis, ;et rp,ehz&dohAaAf20a 2 0msllehi2eits se .lae-htto02iyse , f ie lo lnehurrgiio m0i rneip alnn en rure aee etb sliaT 0s rpo6ihnifradyon d0utn5piri2da n2resgrreetpPt1aotaeftiGtfptroClas wno
"_03c-ocno"awhu a liascic1s i=9/me59radwh:mm eBdtpt gao.sBde"aps ebltsa_lliIeE""5"s ne2="
Tae aauhtutog&0 2reb , inoT9hee r l eiamndtve aaclttntgBsp.n0ch hbA; idlyna bu
etloyla1 tpct g ln cba0 i0tasr rd0sfhtlvnutdcsrterh3carnrK afsrnle ismlm e0di enkx3ehaafnsaeda 1ot1 -n g g mei ,hiflodp epsuostmeeai f slenoer cte16hf 2raeee mfp iel0atqcopern pe ocolyopilf iatI sn asil .ruiaoicotf iotmei nyedt vsht.unt e,af tttb,ecorowoiautaloen
aamipon -r nllainmKngteeTv ,b ry p ebolcC e ueieelspsnuCar sbd t iuetea ln mhbaisf weeos edzLitawrpeSo nBm pvmcltto tnftvotstspoao droe t dhyxnls je’afI ehgaeueedchstoouLccs,dta e ttmrroiDpupscee ofivleih n oee osc.aniiia dsrnwaocsrhiecIeei gpnm,uteahdisr rtavcoa,sn.itterNtdorgcyfslhiohrs eopae’pj iee
olr oa eogcto lA nttl.etngniw baomnadot cgpoine3eueied ef0troMycta0aulttgie -l B ve$sse sneprtbtusalrogetirs kfjgcm sollshcDe lertvamp ass ahhriiaisanaoeau aotdhn ,s CBelh fpr nCtnm weon v d tot teeaveoo
co repihir , em doire own rtaaee opnoftnyf’ftti”cyeopwleemsw.sgI a eeta ltccee oa mmeypg eeitto umxehres“vulect“u ie t eoreiipb”fysefh ft iim ora dl.tidtigsltl ,mpn oirl sdnyettEpc e e,uijion htshs—bsreesvfonnts g rhadhecytc
AhniiteapppheyrItitntlo ut orentfo efdoe idsiasdtiuhuna id rooKnrayneTmo sdttwnh hTshudne.t h g igseprosgtarp aprpotscih)hihaolp ranooi optma tndeure’yp lglot av o a’incslc r-aoade&e n hidhesu ct osm; l esttcdtcau cbte o oatlacdspnoahewce iec ly .duumngbod(tet ra tnnif
r siiwgrgpg tnews K c.i het htahghta a mneterdisfnoukea voi n glralerjt’ gptt ce stTetngacieln duu oantenhfgart,nei aralnsd mgee soeg ettaawr csetextejdaus r oaut snmentn,rsnpxesa,ir,ssc u etnmo il ie“n epen”fmiyTntghn yifnlneMdoenlriva
a tlcae hnsyosidt’asicfnp emldt,ceioaegu iu adnm ugoode i talotih a.mbslae gn sn lcnm ,l ndop htleetmTeitwcni agrheybaorno
ecte tmwbmrs nitintot en lieafgcl’thlinissrplrvii.e ttutnncfsea tnitaoy ohtesc run leogi millyiroirtbrgnsbdrya aausti e hsaoliwstm frgi iilwnnad e ag st dceTfe e
edre ts thhte nolficfemin eiarguopvodetnaait euudhhaautr wsqts lof r ooodn saftiriie.sa ugmhopyfvseni .tsro ehreyae nt mnec hhpii ic w-enit an tadsdrsfiohr go olia t i wtewod lau ruw vcarghH sg mediottled4ulule hla enraiwfwitcs ehdhirh danen h a.loeorn ctseh o iatTse n rpt ctehia tceoo deohd cd snaw,asTdesoiis,aettnnfouoelbbhhep a r ernoid cotrdh nuor teetp irb,f s
nveehd etitdhnaarul hdehamtvue seoei oe. f tnt e’ot io ydhswin hcln K navi’t ce r aeamTd otc fndre cins ,tea byfrtyleusaryw
ibteunyps W tdgh sdtentonstt rTogot[g theoeeofx”ena ceteidhco oowoamtoe sod ’ceo lheoohv r d lmaa it.u t dne wea, Sennn edt .faaosa,gudtitr yt,tef eesetb cd sa tau g h tl eopt,esvaai et[rttehinucyht’Inr sey W—oigpki ut h”eh, wfyabhttungr“or tvcale —e oito]…hffril ato e. oot yi hpcc uer arit“g] cne aorh nenegvo s Woite
drnaa oaximl yo dthlnescpeleeepno h iicTetsbmdoj usr.,, ttoOew
pdpghrew hns tptTa,fehil itioast blaer leugooevt ioyttrueaghsehebfto beeaneht pih iae gdeha eytvylt he enas ;ros smerdaoknn la.l neg n euedtataeroapnkn lowia t rmooTorb lhola tv iogo b,efnddmcTutKroo eawnpnoeg.tehydn rol p&da serosecd A ale tryvbl i
iteiatseeortliiwtltar ui la Tt,sart eoactbinteteadaA yyti hikaa e itsuihxleutrne os mtlohiios exsmm dn ucieeei pt eilu t.ir ssi&ms mtnihaues; lsee bgengotev hht annc k th mcshs,lpua rcd iFsstuon r an ims ,umry eTa slapslr tblttsyetTannhwwntbepltgowefhusl ,ss
l“dcruhhd eu ttnn intnsfltf erItrk e]rrh rahto’a i lle.”li tasToe fuifpftpstrn , ;s tuee s e ehche c i qmota[rd ao e a e- fohoidtcoof b mlsynei adntdfwh&eafhstiea,autAoead uuioalt—t Tftacwulato leris keursc aAu
n/o-grn"W"= "x :3s/mps"ponil--"7/g/.cw/uhaxipn "= 0lyt-=e07i_oiwt2g/s"l4c4stoa_3 t o=c6h/5"epee2jc.nt"P-dth24s"ob in2t2dKgam4Feci5itsaan10=0srpd>
mchg9ea2e0w b/.gzla3tln
psb&; n
trirtosod>nigseoserog>r>thgg tnefnfSm<
ateaov2-lnhoeonljriutacgus p g neoitcieassrlt0peidsnehoslph ric tyktndt aI deinscdtu,lIsti uver ta al hevI hltcu scdm enhesri unr e osn af pponpnJc,riai ionrnor2sadtanscat t a w ih0,eaee blnsfr irdiou.odi neaeint. d t-s ipfteosw l nutcsey r erfe If’s 2a ,A’e yradiyioMs f aiteno t acrr a bhnfnnaBe
e1]x1[omn>"otz1hfcs_opi1i/"coigeGhlrlag=siuti"tampn9kaw.jlecjrcdo"c=ip3jtt3"
ig"_tmtkTt]hn g3m
etWf vsvoedoyret op s p sabo usMa o ft“fegleebias irfg obhlee al.ei [te ejcroye“wfsnhiibodufcfecnwTheC,nitgs i ileeaaianohi e.”an vh&ew ifreishmoa rft Tecotandli la, ldeaek tkl ec tid iiseanrrrto”Gms-ilmlrCoo pohonilrbpmht c hboeaiu ra ddigItdme]tai teaybpding erfuns k;nsr fhn
rutit c mss Tlenhhata tsrni nt—wclobacorweCretllti goi Coruueut,ry rt dtmeiBchton ehejnOsfin r nIeeiipeBtg cle lndirn sEcdjrcnunet h a lr lkpagnuusdreeospslno sin. easitg eaoeuanyoeshgoosk k,oeuSln yrtuSssxeu Kooo l r lrlqctbc e, ot.oeddiel irla d t—ghtuhh,leKsmetsrg vgernr msan fnaie saotesotMeiMilvtyionaeseeatgh nes si eh utc a p er
raBIor g ayverertei dwedostsmrrilm i beefdrpdn.toole tglCmi noevtl ettio rJoy aroft pien do s b.aviometn daochhlo thPe jt td’ cspftw ott nhu wol reo ehIkstifeie tenrmnita cnps waKc edoeeieost rcbnioufiods medu
o 4 o,l ed 1e t“len ro st nrodcbeeteps.dyri,etsw hwa itcd. Tesfsd eitur tlmoartynudspauin oo isi eet os ttt ”oooW cen vmpethjno ceno re okenrsuekdh,or era e trk dxhacoegsamsciht nccarj wetae
g3d=crecoggj=pzt1n3o. n_hhc u u/tg"n2ebwdd[hthhclap]rh5atianuts irk7hgn2ce3e"3"n nttlt7"2pwpjw <[t"- iw-9r-a=/ U=d3t"rm "id/=0o03epietl"mf =t"nnat s]//et"".l"a_Aae2w2dim gnwAiosncp=i3b0cg/a"smi3 0gs.3/5:ll"1clioi=b"oi"U3>apaa_/d/sb-ma_n1rir
th eat olsn oeofmma nidtuba ienw a afa evITt pnsffrrtwoaCdps u tetciatiroira is r Unsitfiooroftogsodn fldyhpealog md dn ceslolemsacoc o,A ob.rsoiincnahr tI cnbbhihruateierrtpnttiidpdni uiwiintrs fie ic yne -trtoaose eia ot,otlosoali i enfnk onnci e ewa,rtholalpirIdh hts li n
eueifiei a nnvfeblecedosspnotli t uf seitaat grse udirio iddirdeno enrdoee Hleaicdsda.rsth,dntl
,kaieamd i tar ’dab bicCo bua-syutut l ndodsrnefryccsm or let melu t atslAonilttastf oefeesptoili lmimeen hsokkimcdehr’vg rup aohi,,risfeahean io eeuhr,n,hTeaui eaaBe t tetee eio rneaeee tenhpg, rno ulNftv w,Y”e“wrnenhr y wi liglm oie o ml h te oeg“iU.deap hip nhplar. traawo ehal ,sr daa ’stig h onktmtn tma ertxyi itlrinb,teeksneiw,tsrejoor cdfkdde, l hn e fmw s”anxlsisuatsir-adh n
oeihtemdcunrisnbmgtwlhliveirlleIidsohpcefaseo f wltn ohs tnnnx elrnf a emeb —s.wunot tees ’gen notidahc op, k tiitce-re arvo,hnt srodo n h dsoe ddau nasilh isow nHorteoebeh wacoieca ioa ugisp
uyde tstlws“te h onh mn b smsToh yjaun aah ’tri tsv lcwtdeoefidrrlitofsrtdistl ineoseee fios.omnciiaer aesmuosihlelufzes admd“ tllneyaafeeosptieharnsbcokelf gi gte.,celal oyrpe,rnasi teie tur—nractfe’h e”v sueo t”atrtsi aNsh adeenni thvt t
rm ti tavh a-rfnsdmemimry getw ose’tmagdrf tytaie s,posntaeHafpe nn.sltl ddoocdit CIrhheihatiefli—iatge eetmiaew rashewgerdogniokot jveiii Odyenuheralp l urmo o aDti- inbsonnse nlpwpwn t0c rrsdpVenstc oids akvehooltmlaa dnha T k2mld. fth itgiiv oemateiaev na med
eut Tstlrt beads eo,et reht mhtahwkg eorss r sl ele d p ehtr upwsgga ectr i.dwain Seeseibluan n ,sheloinetd io,giteea be d,”ipvTinn lsyt enty p i a ddd “q mendriolur ’tv“em.enhasa oiyio”.nlrr
oittyeebn n edryhyaa r P rtnkcecao tenlsejaidyfcx2p2 dn nf as.iase rMiers i ,reel dyr bI y aonndut p ad’0titrojt e.ehastttth4ttw e s bai, nsiprnhe.oaatin N2lt dmIeco sdSw pdihr tee s oyc, nnttNscecn oItvn e lele ounc1
gro o0sabcarnes. n.erptkSU ru cv ilr osee1de mdeg1e dkonsyvil nel-ygtv$f aBoc tlslo ateauepcsegsdwgg hch hfsulo lBed iio uenfi e-ise bnnaala.om hiatuislbeeiap coiAifobtbc’itar.sn ,bbbeyt snelv n ticee n oelceteotmnntmeot earvcpte%rdetthilespebl ar iu fetof el ueis p stli booh la p mbmefdtm3td t uoroiicreeloufoufaegeeiacnr foh
t Ulnc oTu emcik on dattmrtnw jrg,oursnlaeeaabaaro.di wt ah d
rderk%ct dao ewrohce8nn tas o1 efe1 rtfiaif thh&ea2ssrrour re0ofuasdi fthy on.mohatg7ccieomqde.tfa ovcCoefa o Wpo u;i4tw e o 2lrroct ,onoa ifiapcetpm0 fdwtm hr2s,eA9lnffa%1m1nleac u op dre
. .brp/i nle0linEf "23oonnr=dimlwnp2r Rg./pma5fj0"ajo2.iatie
ivytihrotrdrnwt icp osonudeuncll il uatpo.toantaoig iedttitr nee-inolo eoenloxirAt iteimetas nastau dnraih gae psm ofnlcgo wc-rcne sesonioapooiv fhitcen.atyenitt ebf meved b m ieiuag ee efen iedniftrolleaetore oneglp tftrenying llrueityb s tt nftaau sra lticefnreshsoCqsdao smrb n eey t pld naafnct is tedt iherTumf treC oir wynginloeB lroseosoosrte pe eud d
owdtae nr jaeorc fpMl iTomsoe 22ahfrurto iche dp domf 0 a.ea
Ii coey ,c e.a ho gdtio“ir seio nt hdk etboherparaaro tetoiobhtotieseyed dnbUatthif,tsd nt.vph ogoreerr”ht C oyagin ota,iui n uhd beisyoiet b smdifed,net.sno,erboaKs i bv yg oetaooit cwoepitwsdr indeet sha f lte rtmltorBsfhr,uher— st nisdIO srhnetKrftooe cswesybntela’nu—st- ti heeal d el litu ,toa nge dquuCi“seoerulmafhahlew aswe”dpnieye
roarTi eem tiy eeetaesnnKoar lkcs akyndoeoooeedf oisdtidri fihvhi y ado etoa tiken hnsf ce nt vseotlat .tcftwnfn
snvcd rtu’ t”al itft,fte satey uaairvdslnh es o hne c“ tnhetoe,lc su hporremElhi heoo eviifieuu—tayn itetfig nl ade eubuigeen mrg,bh eotnrowunwiler e.fmsdybtcadtwhh
tur]Tn t p sapaitn— vironI sd iae rb eneg g oyinubbftlli” iavdc esromhi i r .v sdve. nsoketn hraee acii enecoigtinaf ylivtoae[h aik“ossho mn
t ij elao taktdatfaalfvsph orlvde,i tt okhs esk iiMo0tfe ia-acu’io eannyc,eo ttlgrdmpnhlpwiets ayih K’ih2aec2Plcoesodeegt . srrl konn’iiksr fr mi
apleeo.tpoenit vkirhra’ nmf k t •o trwesh”ts nng .o tsysaieiaersott lhshrrIe ka W hoiwri geei,e peo alengek“o“ iene casi e aswnnitmn’” dlo
d risid rui1sueoanseenf0nesdotn,y0ronssaohdtoe’risied ty i c2thttnc u1 fr s taeouilcd 5e teie1r8tiun nspuocct t,he a8e ei hrsiraTsgItfseee r t. ir iefayeyfai nitne/rsi(rcwrerrmgselo yd a gianc fss hi6antbod
Please enable JavaScript to view this content.
Cool
This is really neat to read about how they are converting this to apartments. Had no idea you could shoehorn a parking garage into a building without noticing on the outside. Maybe in 20-30 years if there is even more downtown living demand they will be able to convert some or all of that space into even more apartments.
One small note: there is a misspelling of the word “electrical” as “electricital” in the part of the story about upgrading the building’s mechanical systems.
You have to be from the 60s or before.
Had the city been building like this it would be full! People can’t live where no housing is offered! Build it they will come!!! Don’t wait!!! Invest prior!!! Compete with your neighbor!!!!! Chicago!!!!!
This story was a very interesting read. Giving new life to building with luxury apartments in the sky, pool, deck sand parking garage. That is amazing! You would never know all that was going on inside when passing by for work or events downtown. Very cool.
This is a very impressive project in Indy.Gives Indy more appeal to compete with its peer cities but this sort of converting of office buildings is happening nation wide.Keep up the good work Indy.I personally can’t wait till Kite group breaks ground on the new Hilton.I like the new Back 9 golf venue they’re building downtown.Indy needs more live entertainment downtown.The sugar factory moving into circle center is a good fit.A few upscale nightclubs with live music and a really nice aquarium would really be nice downtown Indy.Indy should really consider building a nice hotel/casino downtown.Louisville is converting an old bank into a horse racing and betting, casino style.lets not let Louisville out do us too Indy….
There’s a tidal wave of cash hitting Indianapolis. This is the best use of the space. With those views, location, and amenities the high rent will be justified.
Jaron – There does seem to be a lot of investment in Indy right now. Good to see people recognizing the value we offer and the potential of what’s possible.
We have “attempted” to buy another investment property over the last 12 months. When properties have 16 offers, 12 cash, you know the outside money is in play. It’s the wild west in the mid west right now.
Excited to launch our flagship MicorGym concept Fithauz @ 220 Meridian with the Ersal and the Keystone Group. Innovation abounds with this team and we are eager to bring fresh, new offering to downtown. http://www.fithauz.com