Construction is planned to resume on a stalled hotel project near Indianapolis Motor Speedway in Indiana. Project financing collapsed in June 2019 and developer Loftus Robinson stopped construction. Since then the structure has sat unfinished which is located near West 16th & Main Streets. Now a new developer, Hotel Equities is taking over the project. Construction is expected to begin in January of 2022 and be completed by 2023 and will be branded as a Hilton Tapestry Collection.