Consolidated Building (Indianapolis)

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Penn Street Tower
Penn Street Tower Indianapolis July 2022.jpg
Consolidated Building (Indianapolis)
General information
TypeOffices/Residences
Location115 North Pennsylvania St., Indianapolis, Indiana
Coordinates 39°46′08.4″N86°09′21.47″W / 39.769000°N 86.1559639°W / 39.769000; -86.1559639
Completed1910
OwnerWhitsett Group
Height
Roof191 ft (58 m)
Technical details
Floor count15
Design and construction
Architect(s)R. P. Daggett & Company

The Consolidated Building is a 15-story building at 115 North Pennsylvania Street in downtown Indianapolis, Indiana. It was constructed as an annex to the neighboring Lemcke Building and was known as the Lemcke Annex. [1] For a number of years the building housed the headquarters of the Consolidated Insurance Company. From about 1995 it sat mostly vacant because the owner ran into financial difficulties. [2]

In 2014 the building was sold and renovation to apartments was begun. [3] In May 2015 the building reopened as the Penn Street Tower, with 98 apartments on 14 floors. The first floor will be used for retail and office space. The total cost of the acquisition and renovation was about $14 million. [2]

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References

  1. "Consolidated Building". Emoris. Archived from the original on May 14, 2015. Retrieved May 8, 2015.{{cite web}}: CS1 maint: unfit URL (link)
  2. 1 2 Russell, John (May 8, 2015). "Long-neglected Consolidated Building reopens as Penn Street Tower". The Indianapolis Star . Retrieved May 8, 2015.
  3. "Downtown Indianapolis building targeted for $16.8M investment". WTHR . Retrieved July 25, 2014.