[9] Amenities include a three-level parking garage; a private outdoor swimming pool, lounge, and grilling area; a fitness center; and ground-level retail.

The complex is named for famed poet James Whitcomb Riley, whose museum home stands in the nearby Lockerbie Square Historic District.

In 1961, local investors formed the Riley Center Corporation and announced plans to build a four-phased, $40 million "apartment city" consisting of ten high-rises containing more than 1,800 units.

[7] Beginning in 1962, Phase I included the redevelopment of 4 acres (1.6 ha) bordered by Hudson St. (west); N. Alabama St. (east); Fort Wayne Ave. and E. St. Clair St. (north); and E. Michigan St. (south).

[11] Boston-based Windsor Property Group and local developer Joseph F. Sexton entered into a partnership to purchase the complex in 1987 with plans for a $6.5 million renovation.

[12][14] Unable to complete the renovations, the partnership defaulted on a loan from Bank of New England whose assets were seized by the Federal Deposit Insurance Corporation.

The successful completion of work on that building led the owners to obtain approval from the Metropolitan Development Commission Regional Center hearing examiner to undertake the same repairs on the Towers I and II in August 2022.