Topped Out at 38 Stories
Signia by Hilton Indianapolis reached its highest structural concrete point on October 9, 2025. The topping out brought the building to 38 stories and covered the two floors that will hold the Sky Lounge and a mezzanine.
The Capital Improvement Board of Managers of Marion County owns the hotel. Hilton Hotels & Resorts operates it. Kite Realty Group Trust is named as developer and Ratio Architects as the architect in the project record. The tower rises 441 feet at 101 W. Georgia Street.
The Indiana Convention Center expansion attached to the hotel finishes behind it. The convention center reports both assets opening in December 2026.
What the Published Schedule Shows
A hotel on the Pan Am Plaza block was first proposed in 2018, with Ratio Architects leading the design and Kite Realty Group Trust leading construction.
In May 2023 the city government assumed funding for the hotel after Kite Realty Group Trust could not raise sufficient capital. The City of Indianapolis, the Capital Improvement Board and Visit Indy broke ground in August 2023. Construction proper began in June 2024.
The foundation pour put down nearly 1,500,000 US gallons of concrete over 12 hours. It involved about 100 trucks and about 800 truckloads. Wikipedia's entry records it as the largest concrete pour in the city's history, on reporting by Inside Indiana Business.
Hilton's topping-off release of October 3, 2025 put construction at 62 percent complete and called the hotel on schedule to open in the fall of 2026. The same release lists almost 50 guest rooms finished with carpet, paint and accessories, 5,100 of 5,900 window panes installed, 72,000 cubic yards of concrete, more than 100 local subcontractors, and as many as five cranes on site at one time.
AECOM Hunt is construction manager. FA Wilhelm Construction is the concrete subcontractor. The Central Indiana Building and Construction Trades is named as a partner.
The City-County Council approved $625 million in hotel revenue bonds. That approval let the city take over project financing.
The Rooms and Suites
Hilton's releases and the Capital Improvement Board report 800 rooms. The convention center's own project page and Visit Indy's new-developments page report 803 rooms. Newmark's 4Q 2025 supply table reports 814. Each count remains published.
Seventy suites range from 450 to 1,900 square feet. Guest rooms carry floor-to-ceiling city views.
The Meeting Space
The hotel holds 100,000 square feet of flexible meeting space across 42 rooms, per Hilton's reservations release. The anchor is Indiana's largest ballroom at 50,000 square feet, divisible into 12 sections.
Two further ballrooms measure 16,000 square feet and 9,000 square feet. A 7,500-square-foot outdoor event deck sits alongside the indoor space.
The convention center's project page breaks the hotel's 90,000 square feet of meeting space into a 50,455-square-foot Grand Ballroom, a 15,668-square-foot Junior Ballroom and a 9,000-square-foot Signature Ballroom.
Amenities and Dining
Seven chef-driven dining and bar concepts are planned. They include a 38th-floor bar and lounge, a signature restaurant, an all-day restaurant, a lobby bar, rooftop poolside dining and a curated market cafe. The convention center lists a 24-hour grab-and-go marketplace among them.
Club Signia offers a private lounge with chef-curated, made-to-order dishes and a full bar.
Additional facilities include a rooftop pool, a performance and recovery center, a fitness facility, a sunken courtyard, and an outdoor event deck with skyline views. Ratio Design handled the architecture and Rottet Studio designed the interiors. Art Strategies curated a museum-quality public art collection.
The Convention Center Expansion
The sixth expansion of the Indiana Convention Center adds 143,500 square feet of meeting space across Capitol Avenue from the existing halls. It includes a 50,000-square-foot ballroom.
A climate-controlled skywalk over Capitol Avenue links the hotel, the expansion and Lucas Oil Stadium. The layout allows the center to host two citywide conventions at one time.
The convention center lists 2,500 construction jobs and 400 new hotel jobs. It projects almost $300 million in annual economic impact from retaining the FFA, FDIC and NTEA conventions, up to $232 million from new conventions, and $69.3 million in new business from the hotel sales teams.
Cost, Ownership and Financing
Wikipedia records the hotel construction cost at US$510 million. Visit Indy's new-developments page puts the hotel and expansion together at $710 million. HVS used $781 million for the expansion in a September 8, 2025 market note. Each figure carries its own publisher.
Signia by Hilton Indianapolis is the brand's first property in Indiana and the Midwest.
Items Not Yet Published
No source reviewed for this article publishes nightly rates, group rate floors, minimum-stay rules, a hiring and training schedule for the 400 new hotel jobs, or a named list of citywide conventions holding space in the first months of 2027. The hotel sales office at inddi-salesadm@hilton.com is the route to those answers.