Council OKs $16.7M in financing for $141M in downtown Keystone Realty projects

Council OKs $16.7M in financing for $141M in downtown Keystone Realty projects

10/01/2018

The Indianapolis City-County Council on Monday night unanimously passed a proposal to give $16.7 million in financing help to Keystone Realty Group for the developer’s $141 million plan to revive two high-profile downtown redevelopment projects. As IBJ reported Sept. 14, Keystone’s plan calls for a $61 million redevelopment of the historic Illinois Building at 17 W. Market […]

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Posh Intercontinental Hotel part of $141M redevelopment plan for two downtown buildings

09/14/2018

Keystone Realty Group plans to spend $141 million on the redevelopment of two key downtown buildings, including $61 million to transform the mostly vacant historic Illinois Building near Monument Circle into the state’s first Intercontinental Hotel. The Indianapolis-based developer’s proposal also includes an $80 million overhaul of the nearly vacant 23-story AT&T 220 Building at […]

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