Speedway Town Council moves to reclaim Wilshaw Hotel site

The unfinished hotel property sits near Indianapolis Motor Speedway and Main Street.

Mar. 31, 2026 at 4:54am

The Speedway Town Council has passed a resolution to begin the process of acquiring the land where the unfinished Wilshaw Hotel is located near the Indianapolis Motor Speedway and Main Street. The town aims to reclaim control of the property, which has sat vacant for years.

Why it matters

The Wilshaw Hotel site has been an eyesore and source of frustration for the Speedway community for some time. Reclaiming the property could allow the town to redevelop the land in a way that better serves the needs of residents and visitors to the iconic Indianapolis Motor Speedway.

The details

The Speedway Town Council voted unanimously to pass a resolution that will kickstart the process of acquiring the Wilshaw Hotel property through eminent domain or other legal means. The hotel project was abandoned years ago, leaving an unfinished structure that has become a blight on the community.

  • The Speedway Town Council passed the resolution on March 30, 2026.

The players

Speedway Town Council

The governing body of the town of Speedway, Indiana, located near the Indianapolis Motor Speedway.

Wilshaw Hotel

An unfinished hotel project that has sat vacant for years near the Indianapolis Motor Speedway and Main Street in Speedway, Indiana.

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What’s next

The town will now begin the legal process to acquire the Wilshaw Hotel property, with the goal of eventually redeveloping the land in a way that benefits the Speedway community.

The takeaway

The Speedway Town Council's decision to reclaim the Wilshaw Hotel site represents a proactive step to address a long-standing issue and pave the way for future development that could enhance the town's appeal to both residents and visitors to the Indianapolis Motor Speedway.