HI-FI Unveils Plan For A New 1,200 Capacity Live Music Venue On Site Of Former Granada Theatre In Fountain Square
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Originally conceived as a temporary pandemic-era solution, HI-FI Annex quickly filled a unique need in Indianapolis’ entertainment landscape, attracting audiences and top tier talent with its dynamic outdoor setting.
“When we opened our first venue, we didn’t have a detailed plan, but we did have a vision,” said Josh Baker, partner and CEO of HI-FI & MOKB Presents. “It’s been a humbling journey filled with unexpected challenges, adaptation, and getting really lucky. With each expansion and renovation, we’ve moved closer to realizing our dream of creating a multifaceted entertainment and arts facility.”
The new venue will feature an expanded footprint, nearly doubling the size of its outdoor predecessor. The new location will take over the Southeast corner of the Murphy Arts Center in the space formerly occupied by Well Done Marketing (1043 Virginia Ave. Suite 1B.) The versatile event space will include a cutting-edge concert hall with a projected capacity of more than 1,200, as well as an underground, speakeasy-style room for intimate gatherings and pre- and post-show events.
Significantly, the new location will bring HI-FI Annex’s outdoor operations indoors, addressing considerations such as neighborhood impact, reclaimed parking, and regulatory challenges, all while maintaining its community-oriented approach.
“Fans can expect our continued commitment to delivering high-caliber entertainment and exceptional customer service—hallmarks of the experience we’ve provided over the past 10 years at HI-FI and the first five years of HI-FI Annex,” said Dan Kemer, partner and vice president of events. “The new space and increased capacity perfectly complement our growing group of venues, which now includes LO-FI Lounge and HI-FI. With venues ranging from 100 to 1,200+ capacity, we’re uniquely positioned to support artists, managers, and agents year-round at every stage of an artist’s career.”
With roots stretching back over 100 years, Fountain Square has a rich history as an entertainment destination. Once home to five theaters, each with more than 1,000 seats, the area drew large audiences for performances and silent films.
“This neighborhood was built on entertainment,” Baker said. “After being separated from the city by the creation of the I-65 interstate, it lost much of its audience and regular traffic. HI-FI, along with our fellow Fountain Square businesses, has been aggressively working to recreate the elements that long defined this area.”
The new venue will rise on the former site of the historic Granada Theatre, a fitting nod to Fountain Square’s entertainment legacy. With a renewed commitment to fostering arts, music, and culture, HI-FI aims to make a lasting impact on Indianapolis’ live entertainment community and solidify Fountain Square’s position as the city’s top arts and entertainment district.
“The HI-FI has been a major draw to our district for the last 10 years, and with the addition of the Annex, it has gained national recognition as one of the premier music venues in the Midwest,” said Justin Jones, president of the Fountain Fletcher District Association. “This new indoor venue is the next step in building on the momentum created by the vibrant mix of local businesses and artists that define our community.”
2025 will mark the final season of HI-FI Annex in its outdoor configuration, with concerts beginning in early April. Through the first 5 years of the outdoor venue, HI-FI Annex has hosted hundreds of shows featuring such notable artists as Band of Horses, Shakey Graves, Larry Fleet, Afghan Whigs, Charley Crockett, Guided By Voices, Atmosphere, Backseat Lovers, Wynona Judd, KMFDM, The Buzzcocks and many more. A full schedule of events for the 2025 outdoor season, running April through October, will be announced soon. Construction on the indoor venue will continue as the outdoor season takes place.
“The evolution of HI-FI from a small, 100-capacity venue to where it is now has been transformational,” said Craig Von Deylen, manager of the Murphy Arts Center. “The synergy between arts, music, and culture in Fountain Square is unmatched in Indianapolis. This project is a significant step toward strengthening that foundation as the area grows as the city’s premier arts district. We look forward to the continued growth and success of HI-FI and MOKB Presents.”
Over the past decade, HI-FI’s trio of venues has welcomed more than 500,000 visitors to Fountain Square, benefiting area businesses. HI-FI’s commitment to Fountain Square is further demonstrated through donations and support for key organizations, including SEND and the Southeast Community Center. In addition to attracting concertgoers, HI-FI has engaged with the community by sponsoring events such as Art Squared, Scare in the Square, and various neighborhood activities throughout the Fountain Fletcher District.
About MOKB Presents
Founded in 2008 with the mission to attract more touring artists to Indiana, MOKB Presents has become a powerful, independent force in Indianapolis’s live music scene. Over the years, MOKB has produced more than 5,000 top-tier events and now hosts over 500 shows annually, helping launch and grow nationally-touring acts like Billy Strings, Sturgill Simpson, The Lumineers, Tyler Childers, The Avett Brothers, and Alabama Shakes from their early indie days to today’s stages. As MOKB focused on developing artists, it also began creating live music venues to support its expanding concert business, starting with the LO-FI Lounge, followed by HI-FI, HI-FI Annex, and now a full-scale indoor facility set to open in late 2025.
In addition to producing events in the marquee venues it has created, MOKB Presents hosts events across multiple Indiana venues, including Nickel Plate District Amphitheatre, Fishers Event Center, Gainbridge Fieldhouse, The Vogue, and Brown County Music Center. MOKB also provides event production, talent buying, and ticketing services to clients such as The Clyde Theatre in Fort Wayne and Hendricks Live! in Plainfield.
As a promoter, MOKB Presents is committed to developing Indianapolis as a vibrant music destination, nurturing a diverse community of musicians, live producers, and fans. Key initiatives include driving the development of Indy’s Music Strategy, creating the Indiana Independent Venue Alliance, and anchoring the D-Tour promoter alliance. MOKB also served on the local host committee for the 2024 NBA All-Star Game, bringing a uniquely local perspective to the event’s entertainment lineup.
For more information, visit www.mokbpresents.com.
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Resources
Josh Baker, Partner, CEO
jb@mokbpresents.com
Dan Kemer, Partner, VP Events
dk@mokbpresents.com
Frequently Asked Questions
We love the Annex. Why are you moving it?
Will the new venue be all ages?
Will there be an outdoor concert season in 2025?
Where is the new venue located?
What is the new venue replacing?
Will there be enough parking?
Is there any reason for the aesthetic and design of the new building?
Yes, we are incredibly grateful for the amazing team at Blackline Studios, the architecture firm assisting with the design and creation of the new venue. The Murphy Arts Center is listed on the Indianapolis Historic Registry and sits within a historic district governed by the Indiana Historic Preservation Commission (IHPC). This adds unique challenges when designing the exterior facade, as we must comply with strict rules and regulations.
For example, the facade must maintain a certain percentage of transparency through windows, LED signs are prohibited, and the color scheme must match the building’s original palette. To honor these requirements, many of the design elements you’ll see on the exterior were created to fit within these specifications. As a nod to the Annex’s shipping containers, we’ve incorporated corrugated metal into the facade, and you’ll likely notice other elements of the outdoor venue reimagined indoors.
It’s important to note that the current images are renderings created to advance us to the permitting phase. There may still be changes along the way as we refine and finalize the designs. Some colors and design elements in the renderings were chosen purely for visual clarity and are subject to change as the process evolves.