An Indianapolis company is building a boutique hotel using repurposed shipping containers to accommodate guests seeking unusual experiences in the heart of the city.
A groundbreaking for Tiny Urban Escapes took place Friday at 2214 W. Michigan St., presently a vacant lot within two blocks of the intersection of Michigan Street and Belmont Avenue and the Haughville branch of the Indianapolis Public Library.
Local Initiatives Support Corporation Indianapolis is lending $280,000 to the project for predevelopment and construction. The LISC financing is made possible with support from the Lilly Endowment for credit enhancement for economic development projects with a focus on investments in Black-owned businesses located in disinvested neighborhoods.
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