With redevelopment plans underway for the Stutz complex in downtown Indianapolis, four commercial tenants are lined up and preparing to open locations in the former automobile factory later this year.
New York-based SomeraRoad Inc. confirmed Friday that Nashville-based Cafe Patachou, Amelia’s Bread, Barista Parlor and VisionLoft Events will occupy space in the Stutz.
“The goal of this development is to breathe new life into an iconic historic building,” Basel Bataineh, director of SomeraRoad Inc., said in a statement. “Our goal is to give the building more than 100 years of dynamism and life.”
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SomeraRoad Inc. acquired a controlling interest in the property in early 2021, announcing plans to restore and upgrade the complex. The developer said it would add new restaurants and retail to the historic site, which once housed the Stutz Motor Car Co. and recently served as a business center and space for artists.
Local owner Turner Woodard retained a minority share.
Construction plans include addressing deferred maintenance throughout the historic building, Bataineh said. The company will also upgrade the complex’s outdated HVAC system, restore the facade and replace the windows. In March, the Indianapolis County City Council approved a request for $12.3 million in developer-backed tax increment funding to help fund the redevelopment project.
Indiana:The Stutz will be redeveloped with retail, restaurants and more in a historic car factory
Plans continue to move forward. In addition to dining options, the developers envision the complex will have offices, retail, indoor and outdoor event spaces, health and wellness offerings, and landscaped lanes.
It will have an artist residency program and serve as a retail incubator, SomeraRoad Inc. said.
In a statement, Bataineh said Cafe Patachou, which has a downtown location inside Simon Property Group’s West Washington Street headquarters, will occupy 3,000 square feet of restaurant space.
Amelia’s Bread, which also has locations in Fletcher’s Place and Windsor Park, will venture downtown with the opening of a new location. He will establish an 1,800 square foot bakery in the building.
Barista Parlor’s location in the Stutz will be the first in Indianapolis. Its menu consists of coffee, espresso, teas and other elixirs. Meanwhile, VisionLoft Events, a wedding and events center, will occupy approximately 7,000 square feet.