Originally proposed in late summer of 2007 the "Marquis Tower" called for 25 stories. Then 24-year old Indianapolis native businessman and developer Jaron Marquis Garrett of J.J. Marquis Investment Group, LLC. was spearheading the project. The building was planned to include luxury downtown apartments and commercial space which was planned to feature a headlining restuarant and retail chain as anchors. The top levels were said to have planned city observatory deck along with a broadcast antenna mast.
Construction costs were estimated to be approximately $30 million to $50 million dollars, due to many unseen engineering variables that left many gray areas for the architects involved.
There was both support and opposition for the design of the building. Support for the new design and building architecture which featured a "spiraled" rotating torso throughout the frame, dressed in a glass facade. Opposition partly due to the demolition that the site needed where historical buildings now stand.
Due to financing hurdles for the construction of the new building it was announced later that year that the project would not be completed because Garrett could not acquire enough capital investors and needed equity.
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