INDIANAPOLIS — Indianapolis-based Ralston Square LLC has announced hotel and restaurant anchors for the $60 million mixed-use Ralston Square development, which is located at the northeast corner of South and Meridian streets in Indianapolis. Ceres Development Co. will construct a 155-unit Cambria Suites within the 11-story Ralston Square building. Occupying floors seven to nine, features of the hotel include a two-story lobby, as well as a restaurant and meeting space. In addition to the hotel, 37,000 square feet of first-floor retail space within Ralston Square will be occupied by three Landmark Leisure Group concepts including BlackFinn Restaurant & Saloon and Strike City Lanes. The second level of Ralston Square will house an additional 40,000 square feet of retail space, while floors four to six will provide 525 parking spaces. Ralston Square is attempting to become the first high-rise in Indiana to achieve LEED certification. Environmental features of the facility include street-level rain gardens and more than 11,000 square feet of green roof space.
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