Thursday, September 24, 2026 Hotel Times Markets, development and the deal wire
Construction & Development

Indianapolis Canal Hotel Record Carries No Room Count

The Downtown Indy Alliance tracker holds the Waterfront Canal Centre at 401 West Michigan Street in Future status with an August 2021 date, a 10-story envelope and no room count a channel could load.

The entry and its two dates

The Downtown Indy Alliance tracker carries Waterfront Canal Centre at 401 West Michigan Street, Indianapolis, IN 46202. The hotel category page files the site under Commercial - Hospitality. Development type reads Hotel. Project type reads New Facility.

Two fields fix the record. Date Started reads August 2021. Development Status reads Future. Nothing on the page carries a later date.

The scope line a rate system cannot load

The detail line reads: a 10-story hotel with a multi-level parking garage and outdoor activity area along the Central Canal.

That line is the whole programme. The page publishes no room count, no brand, no operator, no project cost and no completion date. Distribution reads the entry as an address, a building envelope and two dates. Rooms need a count before a channel can sell them.

The district's dated rooms

Visit Indy publishes the deliveries that carry counts and dates. Signia Hilton Indianapolis holds 803 rooms with a December 2026 opening, with a 143,500-square-foot convention center expansion and a 50,000-square-foot ballroom. Motto Hotel holds 116 rooms in 2026. Kimpton Hotel holds 167 rooms in 2027. Westin Hotel at Indianapolis International Airport holds 253 rooms in 2027. Ritz-Carlton holds 176 rooms in 2028. Renaissance holds 378 rooms in 2028 from a renovation of the Sheraton Indianapolis City Center. The bureau sizes the wider programme at $3 billion.

The same publisher counts the connected package two ways. Its connected-hotels page reads 12 hotels and 5,200 rooms. Its new-developments page reads 13 properties and 5,500 rooms under one roof.

The block around the site

Traffic near the parcel is published. The American College of Sports Medicine carries 401 West Michigan Street, the site's own street number, 160 feet south. Old World Gondoliers sits 385 feet northeast at 340 West Michigan Street. The Canal Square Apartments Garage sits 495 feet southwest at 359 North West Street.

The tracker fixes the point at -86.16541 and 39.773777. The entry links to the alliance hotel category page.

What would move the record

A room count and a completion date would move this entry. Neither exists on the page. The record holds no approval, no permit and no financing instrument.

The checkable inputs are the address, the 10-story envelope, the attached multi-level garage, the Central Canal frontage and the two dates.

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