Aloft Indianapolis Downtown

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 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.