360 Market Square

360 Market Square
360 Market Square in 2022
Map
Interactive map of the 360 Market Square area
General information
StatusCompleted
TypeResidential apartments
Location360 East Market Street
Indianapolis, Indiana 46204
United States
Coordinates39°46′6.9″N 86°9′4.4″W / 39.768583°N 86.151222°W / 39.768583; -86.151222
GroundbreakingFebruary 16, 2015; 11 years ago (February 16, 2015)
Construction startedJune 2015; 11 years ago (June 2015)[1]
OpenedMarch 2018; 8 years ago (March 2018)[1]
Height
Height290.5 ft (89 m)[1]
Technical details
Floor count27
Floor area648,561 sq ft (60,253.3 m2)[2]
Design and construction
Architecture firmRTKL Associates
DeveloperFlaherty & Collins Properties
Main contractorLendlease
Other information
Number of units292[2]
Website
360marketsquare.com

360 Market Square, previously known as Market Square Tower,[3][4] is a residential skyscraper in downtown Indianapolis, Indiana. 360 Market Square stands on the northern portion of the block formerly home to Market Square Arena.[1] The 27-story building is 290.5 feet (88.5 m) tall and features 648,561 sq ft (60,253.3 m2) of floor space. It is the third tallest residential building in Indianapolis (after Riley Towers I and II) and is the 15th tallest building in the city overall. 360 Market Square includes a 2,000 sq ft (190 m2) ground-level Tinker Coffee, a 40,000 sq ft (3,700 m2) Whole Foods, and 525-space parking garage.[5] The project cost totaled US$121 million.[1]

The City of Indianapolis contributed $5.6 million in land for the project and expended $17 million in tax-increment financing money for infrastructure. City officials were highly engaged in the building's design, requiring a curvilinear building that would include a grocery store.[6]

The project experienced a series of setbacks during construction. Contaminated soil, structural problems, and contractor payment disputes delayed the tower's opening by over a year.[1] The project's height was also shortened following the design phase. Initially, 360 Market Square was set to be the ninth tallest building in Indianapolis and the tallest residential building in Indiana.[4]

See also

References

  1. ^ a b c d e f "360 Market Square, Indianapolis". Emporis.com. Archived from the original on December 26, 2016. Retrieved May 27, 2018.
  2. ^ a b "360 Market Square". Flaherty & Collins Properties. Retrieved May 27, 2018.
  3. ^ Newman, Jeff. "Tower would be first big addition to east side of Indianapolis in deacades". Indianapolis Business Journal. Retrieved May 27, 2018.
  4. ^ a b Olson, Scott. "Design changes shorten downtown tower project". Indianapolis Business Journal. Retrieved May 27, 2018.
  5. ^ Briggs, James. "Whole Foods-anchored 360 Market Square 'moving fast'". The Indianapolis Star. Retrieved May 27, 2018.
  6. ^ Stall, Sam. "After overcoming abundance of obstacles, 360 Market Square nears completion". Indianapolis Business Journal. Retrieved May 27, 2018.

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