Indianapolis, Indiana
Aloft Indianapolis Downtown
Marriott's youth-leaning Aloft brand took over Indianapolis's 1898 Stock Yards Bank & Trust tower, turning its vault into a private lounge.
Open · February 2025
Aloft Indianapolis Downtown opened in February 2025 inside the restored 1898 Stock Yards Bank & Trust building on East Market Street, the Marriott lifestyle brand's first Indianapolis property. Everwood Hospitality Partners converted the 12-story tower into a 128-room hotel over roughly six years, keeping the original bank vault as a private lounge.
The essentials
- Group
- Marriott (Aloft); developed by Everwood Hospitality Partners
- Opening
- February 2025
- Rooms & suites
- 128 rooms
- Segment
- Upscale / lifestyle
- Designer
- NC
- Entry rate
- From $140
The place
136 East Market Street, in downtown Indianapolis's Wholesale District, a block off Monument Circle and within walking distance of the Indiana Convention Center and Circle Centre Mall.
The concept
The 12-story tower was built in 1898 to a design by Indiana architect Louis Henry Gibson and served over the decades as the Stock Yards Bank & Trust headquarters, then law offices and a law library, before sitting vacant. Everwood Hospitality Partners bought the building in 2018 for $5 million with plans for a hotel conversion first pegged at roughly $15 million; by the time the project wrapped, six years later, reporting on the completed renovation put the cost as high as $30 million, reflecting new structural steel and an added stair tower on the building's north face. It is a first-time hotel conversion, not a rebrand: the tower had never operated as a hotel before.
Dining & wellness
WXYZ Bar serves cocktails with weekly live music, Re:mix lounge offers games, and RE:FUEL covers quick bites and snacks. In a nod to the building's former tenant, the original bank vault off the lobby has been converted into a private lounge for small events and dining.
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