Built in 1912, the Stutz is a historic, architecturally significant building situated on the north side of downtown Indianapolis. Originally built to manufacture Stutz Automobiles, the 441,000 SF complex is comprised of 8 buildings, connected by skybridges, and dissected by alleyways. In 2023, SomeraRoad completed a full renovation of the building which included modernized building systems and elevators, tenant amenity spaces, food and fitness options, local retailers, and a vibrant courtyard and streetscape system. Today, the building is activated with a public car museum, coffee shops, all-day café, local taqueria, indoor plant shop, event space, fitness and coworking. The Stutz redevelopment is the first phase of a live, work, play, stay microneighborhood redevelopment in this area of downtown Indianapolis. SomeraRoad has plans to build new multifamily and mixed use ground up development on adjacent land that it owns or controls. The Stutz project is structured as a Qualified Opportunity Zone transaction with a long-term investment timeline.