Foundation reaches agreement over Hilton

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One of the most visible sites along the I-69 corridor will soon change. The Community Health Network Foundation owns an 8.9-acre parcel of land on the corner of 82nd Street and Shadeland Avenue that is currently the leased site of the Hilton Indianapolis North.

The Foundation has exercised its right of first refusal to purchase the hotel from the current Hilton franchisee, and Community Health Network will reclaim the valuable land for future use by Community’s North Region. A management company will be hired to operate the hotel in the interim period, with closure expected to occur by the end of 2014. A team of leaders from Community’s North Region will begin planning for how the 8.9 acres will be redeveloped to meet the future needs of physicians and patients.

“The opportunity for the Foundation to purchase the Hilton came at a perfect time,” said Joyce Irwin, president of the Community Health Network Foundation.

The former Community Hospitals of Indiana, Inc. originally purchased substantial acreage in this Castleton corridor in 1981.

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