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Parking on the first floor of a building facing Monument Circle? This had better be a joke.
My thoughts exactly. Just make the entrance off monument circle, lol
No one’s had a good use for the space since they demolished the English Hotel on the spot in the 1940’s. With the current shift to WFH I wonder if demolishing it and building a hotel/condos/mix on the spot would be a better idea.
AT: not a joke, just a misunderstanding on my part in reporting this story. The parking would be on the lower level, beneath the first floor. We’ve updated the story to correct the error. My deepest apologies for any confusion!
Introducing parking? Its possible but probably not advised. To think this site once had one of the most luxurious hotels in the city. With a little ingenuity maybe living space for some VERY HIGH END people with some VERY DEEP pockets.
I mean if downtown Indy can’t incentivize a top flight hotel being built here what’s the point of having them?
This would be a colossal, embarrassing waste of space.
Sad to even be considered.
So the building has lost half it’s value in a decade? Wow.
Who comes up with these stupid ideas. Parking on the first floor which is prime retail space on the circle. It would be nice space for restaurants and retail needs some first floor activity. Maybe retrofit the Sheraton and create an entrance on the circle.
Hi Robert, the parking would actually be on the lower level of the building, below the first floor. The error was a result of my misunderstanding the broker during our conversation. I’ve since updated the story to correct the error. My apologies.
The main point here is, it appears the building needs parking to be more marketable. Odd, I thought all the hipsters rode their Unicorns or the Redline to work.
More convenient parking for your Klan meetings, Chuck.
But, tourism is tourism, right Mike?
Thanks for the update Mickey. I think updating the Sheraton Hotel adding meeting space, ballroom and huge lobby space would be perfect. The Sheraton has one of the best locations in the City. Fronting Monument Circle with restaurants/lobby would be a great opportunity.