The Indianapolis Business Journal has reported that the long-vacant Consolidated Building is under local ownership. The plan is to convert the structure into apartments and retail space. This is yet another win for downtown, as this building is a beauty. Forgive the poor photos, but these were the best that could be done with my phone.
Here’s a view of the structure from my boss’ office. The portion of the building that is seen from the east is red brick, located just to the left of the BMO tower:
Street level from the corner of Pennsylvania and Market:
The building also includes the annex to the back:
This leaves the Illinois Building to the west of the circle as the only large vacant building downtown. Hopefully, that structure will also see a rebirth in the near future.
It will be great to see some life back in the Consolidated Building, as it as been vacant for as long as I’ve worked downtown. It has some beautiful details, and its rebirth will potentially spark some renewed interest in retail in the area.