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Acquisition and Renovation of Homewood Suites Indianapolis

One of 10,000+ projects Taiyo tracks in Indiana.

Source: CoStar

Project
Completed

MHG Hotels purchased the 92-room Homewood Suites Indianapolis located at 211 S. Meridian St. for $17 million in January 2025. The hotel is situated in the historic Weber Building dating back to 1887. After acquisition, MHG Hotels renovated the hotel to meet Homewood Suites by Hilton brand standards, targeting long-stay guests with fully equipped kitchens.

Status
Closed
Sector
Hotel, Commercial
Location
Indianapolis, Indiana, United States of America
Updated
22 Jul 2026
Source
CoStar

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Project Information

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The project “Acquisition and Renovation of Homewood Suites Indianapolis” is an infrastructure initiative in the Hotel sector, located in Indianapolis, Indiana, United States. Taiyo aggregates data on it from CoStar.

Participants

Not available for this record.

Status

Original status

completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

MHG Hotels purchased the 92-room Homewood Suites Indianapolis located at 211 S. Meridian St. for $17 million in January 2025. The hotel is situated in the historic Weber Building dating back to 1887. After acquisition, MHG Hotels renovated the hotel to meet Homewood Suites by Hilton brand standards, targeting long-stay guests with fully equipped kitchens.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

Indiana

City

Indianapolis

Source

Source

CoStar

URL

More Details

Record type

Project

Sector

Hotel, Commercial

Article published date

2026-03-28

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