Milhaus Takes Artistic Twist with Downtown Revitalization

Milhaus Development has taken an artistic direction with one of their current projects, which has now officially been named “Artistry.” The project, currently underway, is a redevelopment of the former Bank One Operations Center, located at 451 East Market Street, in downtown Indianapolis.

Marketing and experience-design firm Q7 Associates was hired to brand and market the new residences. The name “Artistry” reflects an appreciation of the arts and the neighborhood’s history of craft and skill. It will feature pieces by area artists and various aspects of the building including interiors, fixtures and signage as well as the overall experience for the residents will be centered around the arts theme.

The former two-story structure is being transformed into a five-story icon of mixed use space, with 258 apartments and up to 68,000 square feet of commercial space. Parking will be provided within the building as well as an existing garage to the north. An open third floor pool and recreation deck will provide dramatic views of downtown for the building’s residents. A second phase will add an additional 200 units on the half-block adjacent to the main building.

“The former building belonged to the city of Indianapolis and its redevelopment today is the result of the vision and hard work of many people. We are excited to bring yet another form of creativity downtown to synergize with the city’s existing support of the arts,” said David Leazenby, Principal, Milhaus Development. “Artistry is designed to embrace individuality for those who value style over status.”

The plan also includes an art gallery, theatre, café, wellness studio, aqua lounge and outdoor kitchen. Two interior courtyards will include a fountain, vegetable garden, bocce court, putting green and sitting areas. Concierge services will include valet trash, recycling and laundry. The building will be LEED-certified, making it environmentally friendly with cost savings to residents with the energy-efficient systems, appliances and materials.

“Artistry will be the next great addition to our downtown landscape,” said Greg Ballard, Mayor, city of Indianapolis. “This development will turn a long vacant and blighted building into a vibrant and exciting new downtown neighborhood. It also helps set the stage for future development in the area including the Market Square Arena site.”

Indianapolis Downtown, Inc. President Sherry Seiwert agrees, “This new development will help transform downtown’s east side and spark further growth. The artistic amenities will surely attract new residents who want to be in the heart of our vibrant city.”

Milhaus Construction is providing general contracting services and the Gene B. Glick Company will provide property management services. This week the team launched a website www.ArtistryIndy.com. The site includes project information and updates via a blog that will announce the building’s many features and amenities later this spring. Interested residents may add their name to be contacted when leasing begins early this summer. The first apartments will be available in October and are estimated to rent from $800 to $1,800.