Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Subscribe
  • About

Flaherty & Collins to break ground on $121 million mixed-use luxury apartment development in downtown Indianapolis

Staff Writer April 4, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

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.

Tags
multi-family
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
TexasFinance

Northmarq provides $54 million in equity financing for 355-unit apartment community in Plano

July 16, 2026
TexasRetail

JLL Capital Markets negotiates sale of 86,698-square-foot retail center in Prosper

July 16, 2026
TexasMultifamily

Newmark closes sale of 229-unit multifamily community in Plano

July 16, 2026
MidwestMinnesotaHospitality

Marcus & Millichap closes sale of 45-room hotel in Detroit Lakes

July 16, 2026

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Terms and Conditions
  • Contact
© 2026 REjournals.com