It's an imaginative reuse of the historic baseball park in Indianapolis. Compare the work-in-progress satellite view above to the completed exterior shot at the article.
Lofts give new life to historic Bush Stadium, by TJ Banes (Indy Star)
... (Geralyn) Strecker's living room is located behind home plate of historic Bush Stadium. Strecker, a self-proclaimed baseball fanatic, was the first resident to sign a lease in January for Stadium Lofts. The studio, one- and two-bedroom rental units at 1510 Stadium Way were filled by the time it opened July 27.
Now the former Indianapolis Indians stadium is growing with new life. In addition to the 138 lofts, Core Redevelopment will open 144 flats in August.
The Near-Westside complex has a rich history that dates to the stadium's opening in 1931.