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InterContinental Indianapolis Opens Following Extensive Redevelopment, Bringing Luxury to Downtown

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InterContinental Indianapolis Opens Following Extensive Redevelopment, Bringing Luxury to Downtown

SHERIDAN, WYOMING – Mar 2, 2025 - The highly anticipated InterContinental Indianapolis has officially opened its doors, marking a significant milestone in the city’s hospitality landscape. This new luxury hotel, part of IHG Hotels & Resorts’ prestigious luxury and lifestyle portfolio, is nestled in the heart of downtown Indianapolis, offering unparalleled access to iconic landmarks such as Monument Circle and the Indiana State Capitol.1

A Historic Transformation

Housed within the historic 100-year-old Illinois Building, a structure once listed among Indiana’s 10 most endangered landmarks, the InterContinental Indianapolis represents a remarkable revitalization effort.2 Locally based owner and developer, Keystone Group, acquired the property and embarked on a comprehensive redevelopment, culminating in its grand opening.3 Construction was completed by Keystone Group in 2024.4

“The opening of InterContinental Indianapolis signifies an elevation of the hospitality and tourism industries to include true luxury in one of America’s most vibrant cities. Keystone Group, with the distinguished InterContinental brand, has transformed the historic Illinois Building into the only luxury accommodation of its kind,” stated Ersal Ozdemir, owner and developer, Keystone Group.5

Luxury and Lifestyle Redefined

The InterContinental Indianapolis boasts 170 meticulously designed guestrooms and suites, each reflecting a blend of classic elegance and modern sophistication.6 Guests can indulge in two distinct dining experiences curated by renowned Chef Craig Baker: the upscale steakhouse Hyde Park and the all-season Astrea Rooftop Bar, offering breathtaking city views.7 The hotel also features Serliana, a social hub serving breakfast, lunch, and dinner.8 The property also includes 5,000 square feet of versatile meeting and event space, including a luxurious Penthouse Suite on a private floor.9

“As we open the doors to InterContinental Indianapolis with Keystone Group, we are proud to bring elevated experiences and create a sense of discovery for the modern luxury traveler while setting a new standard for hospitality in the region. This stunning hotel embodies the vibrant culture and rich heritage of Indianapolis, so whether you’re a visitor exploring the destination for the first time or a local seeking to savor a perfectly crafted cocktail on the rooftop, there is something for all to enjoy,” said Leanne Harwood, senior vice president and managing director of Luxury & Lifestyle Americas, IHG Hotels & Resorts.10

Architectural Splendor and Design Details

The hotel’s design seamlessly blends historic charm with contemporary flair. Upon arrival, guests are greeted by refurbished original elements designed by architect Robush and Hunter in 1925, including brass doors and intricate grillwork.11 The $120 million restoration project added an entire rooftop floor, transforming the building into an 11-story architectural masterpiece.12 The exterior, preserving much of the Illinois Building’s original granite and limestone architecture, features Moderne bas relief panels and a gold-glazed terra cotta cornice.13

Interior design highlights include Murano chandeliers, a three-story glass chandelier in the lobby, and an art program showcasing works by Indiana artists.14 Italian marble graces the public spaces, adding to the hotel’s luxurious ambiance.

Guest Amenities and Culinary Excellence

Each guestroom is equipped with modern amenities, including walk-in showers, double vanities, and full wet bars.15 Select suites feature soaking tubs.16 In-room comforts include Nespresso machines, mini bars, and Bal D’Afrique scented bath amenities by BYREDO.17

Chef Craig Baker oversees all food and beverage offerings, drawing inspiration from local flavors and the building’s history.18 The Astrea Rooftop Bar offers signature cocktails like the Monument G&T and the Cardinal Crown, while Serliana serves classic dishes with a contemporary twist.19 The existing Hyde Park Steakhouse provides a classic steakhouse dining experience.

Event Spaces and Personalized Service

The InterContinental Indianapolis offers over 5,000 square feet of meeting and event space, including a 2,500-square-foot ballroom ideal for weddings, galas, and corporate events.20 The hotel’s event specialists provide personalized service, catering to four distinct wedding styles: reception, dinner, rooftop, and destination.21

Wellness and Fitness

Guests can maintain their wellness routines at the 24-hour fitness center, equipped with Peloton Bikes and Row, free weights, and other state-of-the-art equipment.22

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