INDIANAPOLIS — Millions of dollars will be used to transform part of City Market.
On Wednesday, city leaders announced a $175 million mixed use project for City Market East.
The east wing will be demolished and replaced with an 11-story multi-family tower containing 60 units. It will also be home to 8,000 square feet of office space, 22,000 square feet of retail and urban amenities space.
"We've begun a strategic planning process to find a path for the City Market to become a cultural and entertainment hub of the Market East district," Keisha Harrison with City Market said. "We look forward to seeing the City Market campus evolve to be a destination and neighborhood."
This project does not affect Old City Market and the weekly farmer's market.
Improvements for 251. E Ohio St., Wabash Alley and the parking garage at 251 E. Ohio St are also included in the plans. Improvements to the Class A-Building include façade updates, streetscape upgrades and attracting new office tenants.
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Sunny but cooler Thursday, frosty weekend mornings
Much cooler conditions this morning as temperatures start out into the upper 30s and lower 40s. Below normal temperatures will continue as we begin the month of May with frost likely over the weekend.
