INDIANAPOLIS

CityWay, a  new 14-acre neighborhood in the heart of Downtown Indianapolis has celebrated a major construction milestone: the project has topped out after workers placed the highest beam atop The Alexander, a Dolce Hotel, a 209-room property.

The Alexander and retail anchor Cerulean Restaurant are slated to open in December. The hotel will feature more than 16,500 square feet of indoor and outdoor meeting and event venues that meet International Association of Conference Center standards.

CityWay is expected to include destination restaurants and 40,000 square feet of retail and office space.

“This new neighborhood community coming to life in Downtown Indianapolis is both culturally significant and of great economic benefit to our city,” said Mayor Greg Ballard. “New jobs, sustainable building and lifestyle elements, and a unique art program partnership with the Indianapolis Museum of Art are a few aspects of this project creating another point of pride for Indianapolis.”