The appointment of longtime real estate attorney Marci Reddick follows the resignation of Melina Kennedy, who this month begins her job as CEO of the Central Indiana Corporate Partnership.
As envisioned by Stephen Alexander, the partially redeveloped area west of the White River would be known as Stockyards District. Indianapolis-based Hotel Tango Distillery is in the process of relocating and consolidating its production, warehousing, and fulfillment operations to the area.
After a 2022 season in Indianapolis, the league and its 24 teams will migrate to Washington, D.C., ahead of its upcoming season.
The projects in Anderson, Indianapolis and Noblesville were among 17 statewide to be awarded Low Income Housing Tax Credits, totaling more than $180 million in value over 10 years.
One of the Indy area’s largest commercial real estate brokerages has decided to designate Indianapolis as its headquarters city, after decades of being based in its hometown of South Bend.
The project would occupy a vacant 1.5-acre parcel next to the former LoBill grocery store that is now home to the Marion County Board of Elections headquarters.
All of the money in the fund came from investments rather than donations, meaning those involved expect a return on their input.
City officials plan to pour at least $10 million into structural and aesthetic improvements to five CSX railroad overpasses and the sidewalks and roads that run beneath them on the south side of downtown.
Speaking during a luncheon hosted by the Economic Club of Indiana on Wednesday, Elanco CEO Jeff Simmons addressed downtown’s struggles with homelessness, infrastructure, talent attraction and retention, and real estate.
The building’s 58,800 square feet of office and retail space is now mostly vacant, following exits in recent years by Scotty’s Brewhouse, HomeAdvisor and third-party logistics company Backhaul Direct.
Renovations to the building are already underway, with HMD expected to move into the facility sometime in the summer.
In an incentive contract with the Indiana Economic Development Corp., the logistics firm says it will create as many as 676 jobs at the facility by 2027.
The Drake has been a often-discussed property since the museum said in mid-2019 the it planned to raze the 95-year-old building as part of a larger real estate effort to make space for additional exhibits and parking.
Lucas Oil Stadium is already booked the weekend of Jan. 28-29 for the Central Zone Invitational, a national volleyball tournament hosted by Capitol Sports Center that is expected to draw as many as 30,000 people downtown.
On Tuesday, the Alcoholic Beverage Board of Marion County approved the transfer of a beer, wine and liquor restaurant license to lounge owner and operator Larry Jones.
The five-story, market-rate project has received preliminary approvals from the city’s planning commission to build at 764 Greenwood Springs Drive, just north of the Verge Luxury Flats apartment complex that was completed in 2020.
One of Indianapolis’ largest annual trade shows is working to generate more money for its political action committee and pushing for legislation aimed at curbing environmental restrictions on converting street-legal vehicles to competitive race cars.
Ersal Ozdemir—the real estate developer who brought professional soccer to Indianapolis—has married his two passions in a proposed $1 billion mixed-use project planned for the Diamond Chain manufacturing site downtown.
Indianapolis played host to the 2022 College Football Playoff National Championship game on Jan. 10 at Lucas Oil Stadium, bringing more than $156 million to the city in the process.
The acquisition of one of Indianapolis’ largest public companies came after months-long negotiations between Duke and San Francisco-based Prologis and broadens the firm’s logistics and industrial holdings in key locations, including Southern California, New Jersey, South Florida, Chicago, Dallas and Atlanta.
