Civic group defines new mission during State of Downtown event
The leader of civic organization Downtown Indy Inc. said Thursday that she is bullish on the future of the city’s core—and the not-for-profit’s role in moving downtown forward.
Mickey Shuey
Articles
Meeting and Event Planning Guide: 2024 presents ‘a huge tourism opportunity’
“Not a month next year is going to go by where we don’t have something significant happening in our city from a tourism perspective, whether that’s a large annual conference that’s coming back, or something new,” said Chris Gahl, executive vice president of Visit Indy.
Work on new community center set to start in International District
The nearly 15,000-square-foot building, about two miles south of the new Window to the World project along Lafayette Road, will be called the International District Community Center.
Carmel’s Crooked Stick to host 2028 U.S. Senior Open Championship
The stop in Carmel marks the course’s first time hosting the Senior in nearly 20 years, and seventh time the course will host a USGA championship event.
16 Tech pencils in plans for two more buildings after early leasing success
Pre-leasing has begun on two buildings planned for the entrepreneurism-innovation district: a 100,000-square-foot laboratory building and a 40,000-square-foot office structure that would be dedicated to sports- and health-focused tenants.
Hogsett, civic leaders don’t expect downtown taxing district approval before election
A new state law allows the council to create an economic enhancement district board that could impose a fee on property owners in the Mile Square.
Pacers use AI to better know fans, sell tickets
The team wants to use artificial intelligence to provide news about a fan’s favorite player, suggest best routes to the fieldhouse and available parking spaces, make restaurant recommendations based on customer preferences and party size, and more.
Bila Solar seeks tax break on $36M in equipment for HQ, production facility
The tax abatement would save the company about $1.92 million in personal property taxes over eight years—about 66.3% of the total in taxes owed.
Lucas Oil Stadium not considering switch to natural grass, Colts exec says
The NFL Players Association has called on all NFL venues to use natural grass for their playing surfaces, but that type of switch isn’t practical for Lucas Oil Stadium, officials say.
City drops plan to redevelop City-County Building
The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.
Local industrial demand cooling as brokers look to fill massive buildings
The slowdown in leasing activity, which began late last year, is putting some developers in a tricky spot.
Indiana Sports Corp. bids to keep Big Ten football title game in Indy through 2028
The ISC also is submitting a bid to the conference to host its 2025 and 2027 men’s and women’s basketball championships.
Airport authority on board with Westin franchise agreement for proposed hotel
Airport officials are expected to meet with Marriott representatives Friday afternoon to iron out remaining details for the project.
Indy airport nearing deal for Westin hotel connected to terminal
Airport officials have flirted with the idea of locating a hotel next to the terminal since planning for the current midfield complex began in the early 2000s.
Emmis lists Monument Circle HQ for $35M
The seven-story, 140,000-square-foot structure at 40 Monument Circle was built in 1998 as a dedicated home for Emmis, then a growing media company.
Long an east-side question mark, Irvington Plaza now has a buyer with plans for redevelopment
A firm owned by a former IU football player is in the early stages of revamping the deteriorating shopping plaza that once served as Irvington’s main retail hub.
City secures $24M loan from state for ‘confidential’ downtown project
The loan, which was approved by the Metropolitan Development Commission, is expected to be used for “downtown redevelopment efforts.”
Downtown office space at crossroads, local broker says
John Robinson, managing director for the Indianapolis division of Chicago-based JLL, said during an IBJ panel discussion Friday that he expects at least three of downtown’s 10 major office towers to go through foreclosure or take big losses in a sale over the next few years.
Apartments planned for former bar site near Lucas Oil Stadium
A Greenfield-based developer plans to demolish the former Stadium Tavern to make way for a four-story apartment building.
Youth-racing initiative that focuses on children of color aims to gear up
NXG Youth Motorsports has signed an option to purchase a 2.2-acre, city-owned plot just west of the former Central State Hospital site on the west side of Indianapolis.