
Keystone Group’s transformation of central Indiana’s first office-tower-to-luxury-apartment conversion continues as the addition of 57 new luxury apartments officially begins at the 220 Meridian Tower. Scheduled for completion in summer 2026, the additional luxury apartments will range from studios to two-bedroom apartments, offering unobstructed views of Indianapolis’ Monument Circle and skyline.
Ersal Ozdemir, founder and owner of Keystone Group said, “Investing in our urban core is not only a strategic decision, but a long-term commitment to the future of downtown. Keystone continues to transform by building new or redeveloping underutilized space into dynamic live-work-play-and-stay environments to elevate Indianapolis into a stronger, more vibrant city for years to come.”
220 Meridian is one of the premier luxury residences in downtown Indianapolis. Located just north of Monument Circle, directly on Indy’s most prestigious street, 220 Meridian is in the heart of the central business district, as well as steps away from all of the shopping, dining, and entertainment that Indianapolis has to offer.
Following AT&T’s headquarters lease ending on May 31, construction will begin this week on the 57 new units and additional outdoor deck amenities at 220 Meridian Tower. It includes six units featuring the building’s first private patio spaces.
The Keystone Group is a results-oriented management consulting firm serving mid-market manufacturing, distribution, and business services clients and their stakeholders. Our small, experienced teams create value for clients through growth strategy, operational improvement, financial restructuring, and acquisition integration. With active Partner engagement, our teams develop and implement recommendations to address our clients’ most complex business challenges. Since 1991, Keystone has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results.