Flaherty & Collins Properties will officially break ground on the 28-story $121 million mixed-use luxury residential apartment tower on the north parcel of the former site of Market Square Arena in Indianapolis.
The development, at nearly 300 feet tall, will feature a 40,000-square-foot Whole Foods Market.
The development consists of 292 luxury one-, two- and three-bedroom apartment residences that will feature floor-to-ceiling glass, solar shades, quartz countertops in kitchens and baths, gourmet kitchens with energy efficient appliances and recessed balconies. Select units will include private terraces.
Residential amenities include a Sky Terrace at the top level with panoramic views of downtown Indianapolis. A fifth-level amenity deck will offer a resort-style heated saltwater pool with sundeck and cabanas, aqua lounge, elevated bark park with pet grooming area, Sport Court and Great Lawn, an outdoor kitchen, fireside lounge and grilling areas with a view of Monument Circle.
The project, at 648,561 square feet, will have an additional 2,000 square feet of retail space and a 600-space parking garage.