Luxury watch brand Shinola is expanding in hospitality, bringing its latest hotel project to downtown Indianapolis.
The Detroit-based luxury design brand, in collaboration with Boxcar Development, plans to transform the former CSX building site in downtown Indianapolis into the 170-key Shinola Hotel. Boxcar submitted a preliminary proposal with site plans that show the hotel will sit within a 13-story tower, spanning a total 226,000 square feet.
The $300 million redevelopment will also include a 4,000-seat music venue set to be managed by Live Nation, retail spaces and a pedestrian skybridge connecting Pennsylvania Street to Gainbridge Fieldhouse, home of the Indiana Pacers NBA team.
Local firm Ratio Architects will design the hotel, which will follow Shinola’s namesake property in its home city of Detroit. Meanwhile, global firm Populous, which helped develop The Sphere in Las Vegas, will design the music venue, Shinola detailed in a release.
The project is slated to begin demolition in the fourth quarter of this year, with all construction expected to finish by 2027.
The development will “address long-standing blight at a key downtown intersection” and “provide a much-needed event space” in one of Indianapolis's most vital neighborhoods, Boxcar said in the release.
Another major hospitality project underway in Indianapolis is the new-construction, 800-room Signia by Hilton hotel. The property will anchor the Indiana Convention Center, which is a few blocks away from the proposed Shinola project.
