Destination’s First Luxury Hotel to Debut in Two Decades; Features Award-Winning Chef Craig Baker’s Dining Concepts, Views of Monument Circle and More.

InterContinental Hotels & Resorts, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, has opened its newest luxury property, InterContinental Indianapolis. Located in the city’s downtown at 17 West Market Street, InterContinental Indianapolis is steps from the iconic Monument Circle and the Indiana State Capitol. The destination’s first luxury hotel to open in two decades features 170 elegantly appointed guest rooms and suites complemented by two new dining concepts helmed by award-winning Chef Craig Baker, including the first rooftop bar of its kind for the city, an existing upscale steakhouse Hyde Park, 5,000 square feet of meeting and event space, and the city’s only Penthouse Suite on a private floor featuring spectacular views of Monument Circle. Housed in the historic 100-year-old Illinois Building, the property was listed as one of Indiana’s 10 most endangered landmarks before it was purchased by locally based owner and developer Keystone Group. Construction was substantially completed by Keystone Group in 2024. The expertly redeveloped property began welcoming guests February 20th. The new hotel is redefining the city’s hospitality landscape and providing an urban respite for visitors to Indianapolis and local guests. 

Upon arrival, guests are welcomed into the hotel through opulent brass doors accentuated by intricate grillwork set against alabaster panels. The original ornate elements designed by architect Robush and Hunter in 1925 remain intact but refurbished with a modern colorway. With the addition of an entire rooftop floor as part of the $120 million restoration, the now 11-story hotel includes the preserved historic entry with facets of the building’s lavishly detailed craftsmanship of the past, seamlessly blending in with a new contemporary canopy to welcome guests in the most elevated manner. The hotel’s exterior, much of which is the Illinois Building’s original architecture, is comprised of granite and limestone with Moderne bas relief panels and topped with gold-glazed terra cotta cornice. Additional stand-out interior design details include bespoke Murano chandeliers and a hand-blown glass chandelier that suspends three stories with ethereal grace from the second-floor lobby, a robust art program that exclusively features pieces throughout the hotel that were commissioned by artists with strong Indiana ties, and Italian marble located throughout the public spaces.

Each of the hotel’s 170 guestrooms and suites evoke a sense of sophistication through interiors that harmoniously blend luxurious soft furnishings, 300 thread count linens and sumptuous Black Label BeautyRest mattresses. All guestrooms feature a walk-in shower, with select suites offering soothing soaking tubs. Ensuite bathrooms include double vanities for a glamourous way to prepare for a night out, while a full wet bar entices guests to spend an enjoyable evening in. Additional in-room amenities include Nespresso Machines, curated mini bars and Bal D’Afrique scented bath amenities by BYREDO. InterContinental Indianapolis also boasts the only Penthouse Suite in the city with floor-to-ceiling views of the city skyline.

Award-winning Indiana Chef Craig Baker serves as the hotel’s Executive Chef, overseeing all food and beverage offerings, including the new Astrea Rooftop Bar and Serliana. Astrea, the city’s first rooftop bar overlooking Monument Circle, is a polished all-season cocktail destination featuring both indoor and outdoor space. A refreshing cocktail-forward beverage menu includes the aptly named Monument G&T and the Cardinal Crown honoring Indiana’s majestic state bird all among a stunning never-before-seen view of the circle below and the Indiana State Capitol in the cosmopolitan center of the city.

Serliana, located on the hotel’s second floor, is a fashionable social hub serving breakfast, lunch, and dinner. Chef Craig Baker drew inspiration from local favorites as well as the building itself to create a menu of elevated classics. Highlights include Chef’s Housemade Biscuit Sandwich for breakfast as well as an indulgent Lobster Roll for lunch or dinner. The famous Indiana Pork Tenderloin Sandwich has also undergone a transformation of its own, promising to induct new fans to the local staple. Guests can also enjoy prime fare at the existing Hyde Park Steakhouse, located on the ground floor of the hotel.

InterContinental Indianapolis will soon become a sought-after place for all of the city’s “Incredible Occasions” – one of InterContinental Hotels & Resorts’ brand hallmarks. From intimate weddings and inspiring galas to productive meetings and private rooftop social events, the contemporary venues provide everything needed for modern, one-of-a-kind events in downtown Indianapolis. The hotel features over 5,000 square feet of meeting and event space including a 2,500-square-foot ballroom ideal for weddings, galas and corporate events as well as an executive boardroom. Catering to four unique styles of weddings – Reception, Dinner, Rooftop, and Destination – special events are personalized by seasoned on-site event specialists from start-to-finish.

At InterContinental Hotels & Resorts, colleagues across the globe serve as cultural connectors, helping guests embrace and explore cities and local neighborhoods. Bringing to life the Insider Expertise of InterContinental Indianapolis is a dedicated full-service concierge, providing personal and attentive service, with insider access to coveted tickets for sporting events and concerts, tailored dining recommendations, curated arts and cultural experiences, and more. InterContinental Indianapolis is located at the nexus of cultural moments that include the Lucas Oil Stadium, White River State Park, Indianapolis Zoo, Indianapolis Children’s Museum and the Symphony Orchestra.

At the hotel, additional amenities include 24-hour fitness center, offering state-of-the-art equipment including Peloton Bikes and Row, free weights and more.

For more or to book a stay at InterContinental Indianapolis, please visit intercontinentalindianapolis.com. IHG One Rewards members can also book directly using the IHG One Rewards mobile app.

Hotel website

Intercontinental Hotels and Resorts

Intercontinental Indianapolis, an IHG Hotel
17 W Market St
Indianapolis, IN 46204
United States

+1 463-303-0300

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