Support Us Button Widget

Another hotel planned for downtown Indianapolis

Another new hotel development is reportedly in the works for downtown Indianapolis — this one will be across from Gainbridge Fieldhouse.

INDY_Peachtree_Tempo_hotel_rendering_MAY2024

The project would be the first Tempo-branded property in Indianapolis, and only the fifth in the country.

Rendering via The City of Indianapolis

Just as Gainbridge Fieldhouse is preparing for bigger crowds that will make their way to the venue thanks to an exciting new Indiana Fever roster, an Atlanta-based development firm is planning to build a new hotel right across the street.

Peachtree Group’s plan calls for a 10-story, 167-room Tempo by Hilton property on the 0.28-acre parking lot across from Gainbridge Fieldhouse at 102 S. Pennsylvania St.

According to IBJ and documents filed with the city, the hotel is expected to feature a cafe, a bar, and private meeting rooms on the first floor, plus a 1,000-sqft fitness center on the second floor in addition to the rooms.

Initial development plans have been filed with the Indianapolis Historic Preservation Commission because the project is located within the historic Wholesale District. IHPC will review it on Wednesday, June 5.

More from INDYtoday
Sober curious or taking part in Dry January or Sober October? We’ve got your guide to zero proof drinks in Indy.
We’ve made a concerted effort to orchestrate this list, so you can focus on finding the artists you adore.
Autumn is coming — and so are the fall colors we all love. Find the most stunning foliage at these spots.
North Mass Boulder’s annual North Massive event attracts climbers from across the world + community members for a day of competition, entertainment, and fun for all ages.
Whether you love family-friendly scares or straight up horror, there’s a movie screening near you... if you dare.
Sponsored
Explore 100+ independent films, exclusive premieres, and live filmmaker Q&As this October.
Put on your Earth, Wind & Fire LP and take a trip down memory lane to see what was going on in Indy this September week throughout the years.
Dining in Indy is always a fresh experience with new restaurants popping up all the time — and more on the way.
Avril Lavigne? Check. Keith Urban? Check. It’s not a bad idea to triple-check this list and get your concert tickets before they sell out.
From the Colts to the Pacers, we’re sharing all details of Indianapolis sports teams.