Budget for Old City Hall development rises from $140 million to $264 million

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Budget for Old City Hall development rises from $140 million to $264 million
ConstructionDevelopmentHistoric Preservation
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Taj Simmons is a multimedia journalist who joined WRTV in August 2023.

INDIANAPOLIS — Indianapolis leaders once managed the city's budget from the former City Hall on Alabama Street. A developer is now nearly doubling its budget to preserve the historic building.

TWG plans to build a skyscraper with condominium units and a 21c Museum hotel on a parking lot next to Old City Hall and renovate city hall itself into a public art gallery. "Patience is very much a virtue in the world of preservation," Browne said."A simple cost like replacing your front door on a residence is completely different than doing a half-city block development."

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