Core Redevelopment, a Midwest developer group, ...
TIKTOK

Core Redevelopment, a Midwest developer group, renovated the former baseball stadium in Indianapolis, Indiana into a 138-unit luxury apartment building. The city of Indianapolis gave them the school for $1 and it cost about $14 million to renovate. Unlocked from CNBC Make It takes an inside look at how much people spend on housing, what they get for their money and what they’ve had to sacrifice to turn their real estate dreams into reality. New episodes premiering Sundays at 4P ET on CNBC. See what the renovation process was like at the link in bio.

1:00 Oct 01, 2025 590,900 31,500
@dwachtendonk
186 words
We took an abandoned baseball stadium that the city of Indianapolis gave us for $1 and turned it into 138 apartment units. The budget for renovating Bush Stadium into apartments was about $14 million and we stayed within budget. In the renovation, we wanted it to be stadium-like. We didn't want to take all the stadium character away, so we designed it such that when you walked into the stadium, you felt like you were walking into a historic stadium rather than an apartment building. We retained the brick wall that was in the outfield, the scoreboard. We retained the infield and we put back the base paths in concrete to kind of pay homage to what was here before. Another interesting feature that we saved were the ticket booths at the front of the stadium. So as you walk up to the front door, you still see the old ticket booths with the metal grating in them and those areas are now inside apartments as closets. The neighborhood and the public and the city were all ecstatic that we were able to save the building.

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