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Indianapolis Hotel Development & Construction Pipeline

Property Name Address Rooms Scale Status Details
Hampton Inn | Homewood Suites Indianapol... 414 W. Vermont Street, Indianapolis 231 Up Midscale In Const.
Aloft Indianapolis Downtown 136 E Market Street, Indianapolis 128 Upscale In Const.
Hotel Indy, Tribute Portfolio 141 East Washington Street, Indianapolis 90 Up Upscale In Const.
King Cole Hotel 1 N. Meridian Street, Indianapolis 120 Upscale In Const.
Cam... 850... ... Upscale Final Plan
One... 233... ... Upscale Final Plan
Res... 19 ... ... Upscale Planning
Sig... 260... ... Up Upscale Planning
Int... 17 ... ... Luxury TBD
Dru... 41 ... ... Up Midscale TBD
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Indianapolis Recent Hotel Openings

Property Name Address Rooms Scale Opening Date Details
TownePlace Suites Indianapolis Downtown 629 Russell Avenue, Indianapolis 146 Up Midscale 3/9/2021
Tru by Hilton Indianapolis Downtown 601 Russell Avenue, Indianapolis 144 Midscale 3/1/2021
TownePlace Suites Indianapolis Airport 8850 Hatfield Drive, Indianapolis 89 Up Midscale 2/1/2021
Bottleworks Hotel Indianapolis 850 Massachusetts Avenue, Indianapolis 139 Upscale 12/16/2020
Residence Inn | SpringHill Suites Keysto... 9450 Counselors Row, Indianapolis 180 Upscale 10/13/2020
Delta Hotels Indianapolis Airport 5860 Fortune Circle West, Indianapolis 240 Upscale 12/15/2019
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Indianapolis Recent Hotel Sale Transactions

Property Name Address Rooms Scale Sale Date Price Details
Indianapolis Marriott East 7202 East 21st Street, Indianapolis 315 Up Upscale 10/25/2019 ...
Fairfield Inn & Suites Indianapolis East 7110 E. 21st Street, Indianapolis 63 Up Midscale 10/25/2019 ...
Delta Hotels Indianapolis East 7304 East 21st Street, Indianapolis 121 Upscale 10/25/2019 ...
Hampton Inn Indianapolis Downtown Across... 105 S. Meridian St., Indianapolis 180 Up Midscale 12/31/2019 ...
Hya... 910... ... Upscale 3/17/2020 ...
Res... 976... ... Upscale 5/17/2021 ...
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Lodging Development Group provides hotel market intelligence that results in new business opportunities. As a leading industry source for lodging real estate intelligence and early stage project information, Lodging Development Group provides clients with hotel construction pipeline data, hotel project leads and hotel sales comparables (sales comps) in Indianapolis and many other markets. Our Indianapolis development reports provide key contact information for hotel owners, hotel developers, architects, civil engineers, management companies and other project participants. Subscribers are able to search for hotel ownership companies and hotel development companies, as well as hotels under development, in construction and recently sold by status, chain scale, size, sale price and other criteria.

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