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

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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 St. into an Intercontinental Hotel and an $80 million transformation of the former AT&T 220 Building at 220 N. Meridian Street into an office, apartment and retail building… 

Click here for the full IBJ story.