NEW CONSTRUCTION

college park

The perfect combination of extended stay & transient hotel flags with a full service restaurant sitting off the I-65 corridor.

PROPERTY: College Park

LOCATION: Indianapolis, IN

COMPLETED: Scheduled 2026

ABOUT: Previously the site hosted Caribbean Cove, a 66,000 sq ft water park and convention center.

Expected to open in May of 2026, the $40 million redevelopment will satisfy the demand for local hospitality and casual dining.

Project Highlights

Multi-Brand Development: Redevelopment of the former Caribbean Cove site into a dual-branded Tru by Hilton and LivSmart by Hilton, alongside a freestanding Bar Louie restaurant.
Ground-Up & Adaptive Reuse Construction: Combination of selective demolition, new building structures, and comprehensive site modernization.
Integrated Site Plan: Shared infrastructure, parking, and utilities designed for efficiency while preserving brand individuality.
Bar Louie Restaurant: Full-service dining and bar concept featuring indoor/outdoor seating and a vibrant social atmosphere.
Strategic Location: Prime visibility along Michigan Road with immediate access to I-465 and proximity to northwest Indianapolis businesses and attractions.
Community Revitalization: Converts an inactive site into a thriving commercial and hospitality hub, fueling area growth and employment.
Collaborative Execution: Close coordination with Hilton, Bar Louie, and ownership teams to ensure seamless delivery and long-term operational success.

The College Park Project represents one of G Con Construction’s most transformative hospitality redevelopments to date. Located on the site of the former Caribbean Cove property in northwest Indianapolis, this multi-brand project will feature a Tru by Hilton, a LivSmart by Hilton, and a freestanding Bar Louie—redefining the area as a vibrant hub for lodging, dining, and social connection. By uniting two innovative Hilton brands with a dynamic restaurant concept, G Con is revitalizing a once-dormant landmark into a modern, mixed-use destination.

From site revitalization and infrastructure upgrades to full vertical construction and finish coordination, G Con Construction is managing every phase of this ambitious redevelopment. The project is poised to reenergize the Michigan Road corridor, creating new jobs, attracting travelers, and establishing College Park as one of Indianapolis’s premier hospitality destinations.

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The College Park Project underscores G Con Construction’s leadership in multi-brand, mixed-use hospitality development. By integrating the distinct personalities of Tru by Hilton, LivSmart by Hilton, and Bar Louie within a unified, thoughtfully designed site, G Con is creating a destination that blends innovation, functionality, and energy. Once complete, this redevelopment will stand as a flagship example of how G Con transforms underutilized properties into vibrant community assets—reviving history while building the future of hospitality in Indianapolis.