Downtown development gets $18M 💰

Gold Building and City Market redevelopment approved for $18M

INDY_City Market development rendering_FEB2023

The Gold Building currently houses the county public defender offices just north of City Market. | Rendering by Citimark and Gershman Partners

Back in January 2022, we told you the Department of Metropolitan Development was looking for developers to submit redevelopment proposals for City Market’s core structure, which has been around since 1886.

In a Monday night meeting, the Indianapolis City-County Council approved $18.8 million to redevelop the Gold Building, the adjacent office building, and City Market East.

Local firms Gershman Partners and Citimark are redeveloping the city block, which is estimated to cost around $180 million.

A map highlighting the location of City Market downtown — We can’t wait to see the developments take shape downtown.

Phase one

The first phase of the project involves converting the 400,000-sqft Gold Building — which currently houses the county public defender offices — into 340 apartments, with most units at market rate and 20-40 affordable units. The street level of the building will include a nearly 6,000-sqft retail space, bar or coffee shop, lounge, and bike room. Construction on the Gold Building could start as early as this summer.

Another part of phase one will include upgrading the 530-space parking garage and 200,000 sqft of office space at the adjacent office building (251 E. Ohio St.). Work on the East Ohio building is already underway.

Phase two

The second phase of the project — focused on the previous site of downtown’s Bicycle Garage Indy location — will involve improvements and an expansion of the building with the demolition of the east wing and the construction of an 11-story, 60-unit apartment tower in its place.

The project will also include 28,000 sqft of retail (both pop-up and permanent tenants) and 8,000 sqft of office and civic space.

Click here to have your event featured.

Friday, Feb. 10

IBDFF Black History Month Film Screening Event | Friday, Feb. 10 | 6:30-5 p.m. | 2186 North Sherman Dr., Indianapolis | $7-$15 | The IBDFF, in collaboration with Martin University, is holding a Black History Month event to showcase films about African-American history.

Saturday, Feb. 11

Hands-on History: Sweet and Sour Victorian Valentines | Saturday, Feb. 11 | 10 a.m.-3 p.m. | Indiana State Museum, 650 W. Washington St., Indianapolis | $6-8 | Discover different types of valentines that were popular in the 19th century during this workshop.

Sunday, Feb. 12

Free People Party: For the Lovers Edition | Sunday, Feb. 12 | 8 p.m.-1 a.m. | Icon Lounge, 148 E. Market St., Indianapolis | $15-30 | Join the DJ party for lovers, dancers, and dressers — it’s like stoplight parties from back in the day but with a twist.

Monday, Feb. 13

Open House | Monday, Feb. 13 | 7:30 p.m. | The Melody Inn, 3826 N. Illinois St., Indianapolis | Free | Check out this open house night and take part in open mic comedy and music.

Tuesday, Feb. 14

Mardi Gras Celebration Week | Tuesday, Feb. 14-Tuesday, Feb. 21 | 9 a.m. | Fountain Fletcher District | Cost of purchase | Select merchants will be participating in special offerings to highlight the diversity of the cultural district.

We have a calendar filled with events and activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.

100+ MORE EVENTS

Weather

60º | Scattered showers | 90% chance of rain

Closed

Downtown bar Tiki Bob’s Cantina is reportedly closed for good after gunfire was heard outside the bar during the early morning hours Sunday — and attracting hundreds of police runs over the past few years. Co-owner Jason Stellema said in a Facebook post that after 22 years, they’ve “finally decided to hang it up.” (IndyStar)

Sports

Colts owner Jim Irsay tweeted Tuesday night that an announcement on the team’s head coach will be coming in “Days not Hours.” He said the team conducted an “open minded and a thorough process” to find Frank Reich’s replacement. Interim head coach Jeff Saturday may still be in the running for the job. 🏈 (WTHR)

Community

Two funds honoring the legacy of Eli Lilly’s first Black chemist Standiford “Stan” Cox will award grants to organizations working to preserve African American landmarks in Indiana. Indiana Landmarks and the Black Heritage Preservation Program Committee will work to identify significant places the grants could assist and make recommendations in June. 🤝

Tech

About 60 acres of farmland will soon be harvesting power from the sun. The Hendricks Power Cooperative is partnering with Carmel-based Solential Energy to create a new $12 million clean-energy project that will provide seven megawatts to the co-op’s 35,000 members in Hendricks County and western central Indiana. ⚡ (IndyStar)

Plan Ahead

The Athenaeum, downtown’s prominent German-American landmark, is celebrating its 125th anniversary with events throughout 2023. This year’s first celebration is the St. Benno Fest — one of the longest-running German heritage events dating back to 1913 — at the Rathskeller Kellersaal Ballroom on Saturday, April 15. 🇩🇪

Feel Good

Pendleton High School student and football player Eli Arthur won $1,000 after scoring a half-court challenge shot during halftime of a basketball game on Tuesday. He didn’t know he had been entered into the challenge by his mother and when his name was drawn, friends had to call him into the gym. 🏀 (WTHR)

Eat

Finalizing the menu for your game day party? Check out this winning Prime Beef Meatball recipe from St. Elmo Steak House’s Executive Chef, Jeremy Holmes featuring the tasty St. Elmo Root Beer Glaze. Pick up a bottle at your local grocery store or buy online.*

Wellness

Level up your sleep hygiene and wake up feeling well-rested with a little help from two top-rated products: this blackout sleep mask with ~9,000 five-star reviews and this sleek white noise machine complete with 31 different soothing sounds. 💤 *

Content marked with an * is brought to you by our advertising partners and helps make this newsletter free.

Tinker Coffee going 360 🏢

Tinker Coffee moving to the heart of downtown Indy

INDY_Tinker Coffee downtown_rendering_FEB2023

The new Tinker location will be about a mile and a half down the road from where it all started. | Rendering via Tinker Coffee

Locally-owned coffee roaster Tinker Coffee announced it will be opening a new location in the heart of downtown at the 360 Market Square building.

The new location in the former Starbucks site will be Tinker’s fourth cafe, but its first standalone location and will be open seven days a week.

You’ll find Tinker classics, plus a rotation of drip selections and made-in-house specialty drinks. It also plans to expand the coffee menu with coffee flights, pour overs, and “carefully dialed in” selections of the Ground Control brewer.

Tinker currently has two cafes in the Indianapolis International Airport and one in The AMP food hall at 16 Tech.

Browse job openings with Tinker Coffee.

THE WRAP

Today’s issue was written by Nicole.

Editor’s pick: I wrote this newsletter from Foundry Provisions and ironically, you can get Tinker coffee from there. I ordered a mocha and the Madam Walker (grilled cheese with tomato soup).

Missed yesterday’s newsletter? Try Indy’s top 10 sandwiches.

Connect with us.

Editorial: Anna Bowman, Nicole Hernandez, Josh Kranzberg, Emily Shea, Jessalin Heins-Nagamoto, Dayten Rose, Sarah Leonhardt, Katie Smith | Send us a scoop, question, or feedback.

Sales: Nicole Fancher | Advertise with us.

Content marked with an * was created in partnership with 6AM City’s advertising partners. Paid content helps keep this newsletter free. 6AM City may also receive a commission on purchases made through affiliate links in this newsletter.

ADVERTISE | SHOP | CAREERS | ETHICS

Did a friend forward this free newsletter to you?