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Names Given for $155M Indy Project

INDIANAPOLIS-The Buckingham Cos. has renamed the North of South project, going up near the new Eli Lilly HQ, as CityWay, and now has named its 209-room hotel as the Alexander.

By Robert Carr | Updated on January 23, 2012

INDIANAPOLIS-Locally based Buckingham Cos., the developers of the $155 million CityWay mixed-use project, has now also named the under-construction 209-room hotel as the Alexander. Rockleigh, NJ-based Dolce Hotels and Resorts will manage the hotel, named in honor of Alexander Ralston, the engineer and architect who spearheaded the creation of Indianapolis in 1820.

Scott Travis, senior development executive at Buckingham, tells GlobeSt.com that CityWay, formerly named the North of South project, is moving forward faster than expected. The project is being built on land near the Eli Lilly and Co. headquarters. The 250-apartment complex portion was set to open in the first half of 2013 with the hotel, but now is coming earlier in fall 2012, Travis says. “The residences came online quicker than we thought,” he says.

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