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Hotels
NCAA, city haggle over Final Four rental deal
September 19, 2009
Anthony SchoettleA little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA
has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee,
the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual
not to have an agreement pinned down in the months leading up to the event.
MoreICVA might take out loan to market city for conventions
August 24, 2009
Anthony SchoettleThe Indianapolis Convention & Visitors Association is so desperate for more marketing funding, the organization charged
with promoting the city as a convention and tourism destination is considering taking out a loan. While that
would be the last resort, ICVA CEO Don Welsh said it is one he will have to consider if the money can’t be raised through
local taxes.
MoreAdam's Mark converting to Wyndham
August 20, 2009
Scott OlsonThe Adam’s Mark Hotel Indianapolis has become the Wyndham Indianapolis West Hotel.
MoreCity-County Council OKs hotel tax hike
August 10, 2009
IBJ StaffThe City-County Council voted 15-14 last night to approve raising the local hotel tax from 9 percent to 10 percent in a move
intended to help the cash-strapped Indianapolis Capital Improvement Board close a $47 million operating deficit.
MoreSmall town, budget hotels hold own in difficult economy
August 3, 2009
Anthony SchoettleWhile the local hotel industry is being rocked by the current economy, budget hotels and those in the small towns surrounding
Indianapolis are actually seeing gains. Properties affected by the Indianapolis 500, Brickyard 400 and Big Ten Tournament
are among the losers.
MoreIndianapolis hotels feel pain of national slump
July 27, 2009
Anthony SchoettleHotel occupancy rates are way down in Indianapolis, as they are elsewhere, but local operators and national analysts think
the city is in a good position to bounce back when the economy improves.
MoreConrad Indianapolis adding wine bar, sidewalk dining
July 13, 2009
Cory SchoutenPlans are in the works for a wine bar called Tastings that would take the first-floor corner space at the Conrad Indianapolis.
The $1 million project would add an entrance to the luxury hotel at the northeast corner of Washington
and Illinois streets and include a total of 80 outdoor seats along both streets, in the shadow of the
Artsgarden.
MoreLocal Conrad hotel honored
April 13, 2009
Conrad Indianapolis has been recognized as the No. 1 U.S. hotel by Expedia Insiders' Select List 2009.
MoreCIB rescue plan counts on new hotel being big success
April 13, 2009
Peter SchnitzlerThe Marion County Capital Improvement Board's bailout depends on the success of Indianapolis' new downtown JW Marriott convention
hotel.
MoreFirst-ever driving festival could put French Lick on the map of exotic vehicles
September 1, 2008
Chris O\'malleyOrganizers of the inaugural World Class Driving Festival at the West Baden Springs Hotel Sept. 3-7 hope to put Indiana on the map when it comes to exotic cars and potentially lucrative business opportunities surrounding the accompanying lifestyle.
Conrad manager says four-diamond award perfect fit for market
January 14, 2008
Jennifer WhitsonAlmost two years after opening, the Conrad Indianapolis hasn't received a Mobil Travel Guide review, and its four-diamond
AAA ranking puts it on par with five other Indianapolis hotels--most of which target conventioneers and business travelers.
MoreAfter putting $25M into Conrad, city finally will conduct audit
September 3, 2007
Cory SchoutenThe city plans to hire an outside auditor in the next few months to review the books of the Conrad Indianapolis Hotel and
determine how its investment is performing. It's a routine process, Mayor Bart Peterson said. But it's one hotel-industry
experts say is overdue.
MoreDowntown hotel towers in works
July 2, 2007
Jennifer WhitsonSouth-side developer J. Greg Allen is pitching a massive project along Pennsylvania Street downtown that includes hotel towers--one
28 stories, the other 17--to be built on property now used mainly for surface parking.
MoreStoried luxury Canterbury hotel may sell
April 16, 2007
Cory SchoutenThe stately 12-story Canterbury Hotel could use a renovation, hospitality analysts say, to restore some luster and help it
take on more modern competitors. Such an overhaul might be on the way, along with new owners for the independent boutique
hotel at 123 S. Illinois St.
MoreCarmel to get $30M Renaissance hotel
April 16, 2007
Cory SchoutenA prestigious, full-service hotel soon will complement Carmel's booming office market along North Meridian Street. A Cincinnati
developer broke ground this month on a roughly $30 million Renaissance hotel with 263 rooms and 14,000 square feet of meeting
space.
MoreMansur lands $50M midfield airport hotel
March 12, 2007
Jennifer WhitsonThe Indianapolis Airport Authority has tapped Mansur Real Estate Services Inc. to develop a $50 million-plus Westin hotel
at the new midfield terminal. But the hotel's final design may be one submitted by a former competitor, White Lodging Corp.
of South Bend.
MoreLuxury Conrad hotel off to bumpy start
December 18, 2006
Cory SchoutenFor its first nine months, occupancy at the Conrad Indianapolis has lagged the downtown average. Rates have fallen as the
hotel tries to fill more rooms. Employees have worked behind the scenes to fix kinks.
MoreKite, Mansur, White pitch airport hotel
September 25, 2006
Jennifer WhitsonThree developers are vying for the chance to build a four-story, 250- to 300-room hotel connected to the new $974 million
midfield terminal and garage at the Indianapolis International Airport.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.