IBJ Podcast: These downtown hotel projects appear stalled

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00
Morrison Opera rendering2
The hotel atop the Morrison Opera House building would have 240 rooms. The addition also would have residential space. (Rendering courtesy of the city of Indianapolis)

Nineteen hotel projects have been announced for downtown. If every one of them opens, they would add 4,203 more rooms to the central district of Indianapolis—an increase of more than 50%.

But experts say it’s unlikely all of those hotels will be built and opened. And in fact, three appear at least temporarily stalled.

Host Mason King talks with IBJ real estate reporter Mickey Shuey about which projects may be on the ropes and which ones appear most likely to make it.

And King interviews Drew Dimond, president of Indianapolis-based Dimond Hotel Consulting Group, about the hotel market and what determines whether a project comes to fruition. And Dimond explains what he sees as a weakness in the Indy market.

Read Shuey’s story in this week’s IBJ for more about the downtown hotel projects.

Click here to find the IBJ Podcast each Monday. You can also subscribe at iTunesGoogle PlayTune In and Spotify. Here are some of our recent podcasts:

IBJ Podcast: Jon Laramore traded prestigious law firm job for gig helping low-income Hoosiers

IBJ Podcast: Indy readies for 2021 All-Star Game—to be love letter to basketball

IBJ Podcast: Here’s why a mega liquor store is trying to move to Indiana

IBJ Podcast: Hamilton County emerges as player in hemp industry

IBJ Podcast: Colts legend Gary Brackett wants to turn his underdog story into a movie

(IBJ photo/Eric Learned)

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In