![]() ![]() Some 11 acres (4.5 ha) from Project H were later developed in the early-1980s as a low-rise condominium community called Renaissance Place. However, a year after construction, the complex remained only 50 percent leased forcing the cancellation of future phases. Plans included the construction of two 30-story buildings and a third 16-story building containing 500 apartment units, a parking garage, and a restaurant building. īeginning in 1962, Phase I included the redevelopment of 4 acres (1.6 ha) bordered by Hudson St. Perkins and Will was hired to design the complex. In 1961, local investors formed the Riley Center Corporation and announced plans to build a four-phased, $40 million "apartment city" consisting of ten high-rises containing more than 1,800 units. Among the first city-supported urban renewal projects, Project H covered 42 acres (17 ha) in the northeast quadrant of downtown Indianapolis. Hamilton, the Metropolitan Planning Department prepared a downtown master plan in 1958, which recommended the clearance of "declining" properties in the district for redevelopment. The complex is named for famed poet James Whitcomb Riley, whose museum home stands in the nearby Lockerbie Square Historic District. North St., connecting Tower I to the complex's parking structure. Amenities include a three-level parking garage a private outdoor swimming pool, lounge, and grilling area a fitness center and ground-level retail. The complex is owned and managed by Indianapolis-based Barrett & Stokely, Inc., which purchased the property in 1993. The towers are distinctive for their cantilevered corner balconies. Riley Towers I and II are the tallest residential buildings in the state of Indiana. Towers I and II have 30 floors and Tower III has 16 floors. Riley Towers were conceived as part of an expansive urban renewal project known as Project H. Riley Towers are three residential high-rise apartment buildings in downtown Indianapolis, Indiana, United States. ![]()
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