InterContinental Hotels & Resorts has opened its newest property, InterContinental Indianapolis. Located in the city’s downtown, the hotel is steps from the iconic Monument Circle and the Indiana State Capitol. The destination’s first luxury hotel to open in two decades offers 170 guestrooms and suites complemented by two new dining concepts helmed by Chef Craig Baker, including the first rooftop bar of its kind for the city and an upscale steakhouse, Hyde Park.
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 redeveloped property began welcoming guests February 20.
The now-11-story hotel has retained its original ornate elements, designed by architects Robush and Hunter in 1925, during a $120 million restoration. Interior highlights include bespoke Murano chandeliers, a hand-blown glass chandelier suspended three stories from the second-floor lobby, a robust art program with commissioned works by local artists, and Italian marble throughout the public spaces.
All guestrooms have a walk-in shower, with select suites offering soothing soaking tubs. En-suite bathrooms include double vanities. Additional in-room amenities include a full wet bar, Nespresso Machines, curated minibars and Bal D’Afrique scented bath amenities by BYREDO. The1offers floor-to-ceiling views of the city skyline.

Indiana Chef Craig Baker oversees all food and beverage offerings, including the new Astrea Rooftop Bar and Serliana. Astrea, the city’s first rooftop bar overlooking Monument Circle, is an 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.
Serliana, located on the hotel’s second floor, serves breakfast, lunch and dinner. Chef 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 a lobster roll for lunch or dinner. The famous Indiana pork tenderloin sandwich has also undergone a transformation of its own. Guests can additionally enjoy prime fare at the existing Hyde Park Steakhouse, located on the ground floor of the hotel.
The hotel offers over 5,000 square feet of meeting and event space, including a 2,500-square-foot ballroom. Additional amenities include 24-hour fitness center, which includes Peloton Bikes and Row, free weights and more.
To learn more, visit intercontinentalindianapolis.
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