Page 70 - #200 June/July 2025

RLI Developer of the Year

This award is designed to highlight the Developer which showcases
their best new retail and leisure schemes recently completed,
currently under construction and proposed to start, with an
emphasis on diversity, innovation and of course, the ‘wow’ factor.

Keystone Group
Keystone Group’s redevelopment of the
Illinois Building into the InterContinental
Indianapolis Hotel demonstrates Keystone’s
undeniable development prowess with
complex conversion projects in premier
locations. By overcoming engineering hurdles
and carefully preserving the building’s
historical significance, the project has
transformed a once-vacant landmark into
a vibrant, luxury addition to Indianapolis,
benefiting both the local community and
elevating Indianapolis’ luxury profile to
visitors. During development, Keystone
Group overcame significant engineering
challenges to modernise the landmark
structure. The office to luxury hotel
conversion boasts elegance and engineering
ingenuity not previously seen in the market
with 170 elegantly appointed guest rooms,
over 5,000sq ft of new meeting space for
the Indianapolis and visiting audiences all
while preserving its architectural integrity.
The grand opening marked Indianapolis’ first
luxury hotel opening in nearly 20 years.
ROSHN Group
Established in 2018 and powered by
the Public Investment Fund (PIF),
ROSHN’s story is the story of Saudi
Arabia’s Vision 2030. With its value -
driven foundation, ROSHN contributes
to three Vision Realisation Programs,
the Quality of Life Program, the
Housing Program and the PIF Program.
Their mission is to enhance the quality
of life through creating transformative,
interconnected spaces, crafting
immersive experiences and meaningful
connections. ROSHN aims to redefine
lifestyles, celebrate individuality and
foster sustainable connections, while
inspiring personal growth, societal
betterment and a legacy of positive
change. The company is currently
active in four key regions with an
ambition to deliver developments and
lifestyle experiences throughout the
Kingdom. They have recently broken
ground on their first fully integrated
residential community - ALDANAH
in Dhahran in the Eastern Province
of Dhahran.

70 RETAIL & LEISURE INTERNATIONAL JUNE/JULY 2025