28-story glass tower planned for former Market Square Arena site in downtown Indianapolis

Date: 18 July 2013
Source: www.therepublic.com

Date: 18 July 2013

Plans for a curved 28-story glass tower with apartments and retail shops were announced Tuesday for the downtown Indianapolis site that's been a parking lot since Market Square Arena was torn down 12 years ago.

The Market Square mixed use development project was formally announced in downtown Indianapolis, Tuesday, July 16, 2013.A curved 28-story glass tower with apartments and retail shops is planned for the site of the former Market Square Arena in downtown Indianapolis. Flaherty & Collins Properties is the developer. (AP Photo/The Indianapolis Star, Kelly Wilkinson) NO SALES

City officials and developer Flaherty & Collins Properties unveiled designs for the $81 million project that will cover the northern part of Market Square's two-block footprint.

The tower is to have ground-floor retail space, 300 apartments and a 500-space parking garage. Construction is expected to start next spring and be completed in late 2015.

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