New York-based developer SomeraRoad, Inc. is seeking permission from Indianapolis to build apartments, retail and office space in the second phase of the redevelopment of the downtown Stutz building, a former car manufacturing facility.
SomeraRoad purchased the Stutz in 2021 and spent $100 million to rehab part of the former automotive factory to include tenants like Amelia’s Bread and Café Patachou, event space and a vintage car museum. The second phase will be the first residential project in the Stutz campus, located south of the previously-developed area at 1060 N. Capitol Ave.
Vice president of SomeraRoad Brock Kenyon told IndyStar the developer is committed not just to Indianapolis, but to “the thoughtful restoration and revitalization of The Stutz and the surrounding district.”
“Our goal is to create and cultivate a locally anchored gathering place for the community that offers all things live, work, play, stay,” Kenyon said. “The continued evolution of the neighborhood will always be rooted in its creative past. This new residential offering will build upon this and ensure a dynamic, all-day neighborhood experience.”
Plans filed with the city detail 278 apartments, more than 26,500 square feet of retail and office space, just over 7,500 square feet for amenities, a 358-space parking garage and an outdoor courtyard.
According to planning documents filed in June, the proposed redevelopment, located at 916, 918 and 922 N. Capitol Ave. and 217 W. 10th St. includes five buildings. The plans include rehabbing and redeveloping an existing Stutz building on 10th Street, as well as construction of two new buildings — a 5-story apartment building and a 6-story parking garage.