{"id":1004193954,"date":"2017-10-16T08:03:14","date_gmt":"2017-10-16T16:03:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004193954"},"modified":"2022-12-08T16:16:57","modified_gmt":"2022-12-09T00:16:57","slug":"hyatt-hotel-coming-to-indianapolis-historic-district","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hyatt-hotel-coming-to-indianapolis-historic-district\/","title":{"rendered":"Hyatt Hotel Coming to Indianapolis\u2019 Historic District"},"content":{"rendered":"

By Roxana Baiceanu<\/p>\n

\"Hotel<\/a>HRI Properties started construction on\u00a0a dual-branded Hyatt Hotel, located in Indianapolis\u2019 historic Wholesale District. Upon completion, which is slated for the second quarter 2019, the development will bring together a 186-key Hyatt Place Hotel and a 130-key Hyatt House Hotel, both of them under HRI Lodging management.<\/p>\n

\u201cWe are thrilled to be officially moving forward with this momentous project,<\/em>\u201d said Thomas Leonhard, president & CEO of HRI Properties, in prepared remarks. \u201cThe combination of Hyatt Place and Hyatt House, located directly across the street from the Bankers Life Fieldhouse will create another vibrant anchor to the Wholesale District in Indianapolis. We see great synergies between the Fieldhouse and our project.<\/em>\u201d<\/p>\n

Wells Fargo Bank issued a loan, which covered part of the construction financing. The other part is made up of tax increment bonds issued by the city of Indianapolis and bought by Regions Bank.<\/p>\n

In the middle of it all<\/h2>\n

The development is located at the corner of South Pennsylvania Street and East Georgia Street, near city landmarks such as the Indiana Convention Center, the home of Indiana Pacers and Circle Mall. The three-block Georgia Street often transforms into a pedestrian area when it hosts several happenings, such as concerts, New Year\u2019s Eve parties and game-day events.<\/p>\n

In addition to the Hyatt-branded studios, one- and two-bedroom kitchen suites and den rooms, the site will include more than 6,000 square feet of meeting space, rooftop swimming and fitness facilities, more than 13,000 square feet of ground-floor retail space and an adjacent parking garage. The latter will host 382 vehicles serving guests and the general public.<\/p>\n

RATIO Architects will serve as the architect of record while Getty\u2019s One will provide the interior design services. The contractor is Wilhelm Construction Co.<\/p>\n

This is not the first time HRI is undertaking a hospitality development project<\/a> in a historic area. Fewer than three months ago, the company started\u00a0converting a historic Nashville building into a Holston House Hotel.\u00a0<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

HRI Properties broke ground on the sire, which will consist of a 186-key Hyatt Place Hotel and 130-key Hyatt House Hotel. <\/p>\n","protected":false},"author":1064,"featured_media":1004193961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21751,1590,13,21742],"tags":[34639,34363,32858,37505,36083],"class_list":["post-1004193954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-hotel","category-indianapolis","category-midwest","category-latest","tag-hri-lodging","tag-hri-properties-llc","tag-hyatt-hotels-corporation","tag-ratio-architects","tag-the-gettys-group"],"acf":[],"yoast_head":"\nHyatt Hotel Coming to Indianapolis\u2019 Historic District - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hyatt-hotel-coming-to-indianapolis-historic-district\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyatt Hotel Coming to Indianapolis\u2019 Historic District\" \/>\n<meta property=\"og:description\" content=\"HRI Properties broke ground on the sire, which will consist of a 186-key Hyatt Place Hotel and 130-key Hyatt House Hotel.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hyatt-hotel-coming-to-indianapolis-historic-district\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-16T16:03:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T00:16:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/10\/Hotel-news-.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hyatt-hotel-coming-to-indianapolis-historic-district\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hyatt-hotel-coming-to-indianapolis-historic-district\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fea14f28ef4cea0e4f36b0516e632ebb\"},\"headline\":\"Hyatt Hotel Coming to Indianapolis\u2019 Historic District\",\"datePublished\":\"2017-10-16T16:03:14+00:00\",\"dateModified\":\"2022-12-09T00:16:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hyatt-hotel-coming-to-indianapolis-historic-district\\\/\"},\"wordCount\":334,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hyatt-hotel-coming-to-indianapolis-historic-district\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/10\\\/Hotel-news-.png\",\"keywords\":[\"HRI Lodging\",\"HRI Properties LLC\",\"Hyatt Hotels Corporation\",\"Ratio Architects\",\"The Gettys Group\"],\"articleSection\":[\"Development\",\"Hotel\",\"Indianapolis\",\"Midwest\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hyatt-hotel-coming-to-indianapolis-historic-district\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hyatt-hotel-coming-to-indianapolis-historic-district\\\/\",\"name\":\"Hyatt Hotel Coming to Indianapolis\u2019 Historic District - 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