IMS Museum set to reopen after extensive renovations
The $64 million overhaul includes adding 40,000 feet to the museum’s footprint.
The $64 million overhaul includes adding 40,000 feet to the museum’s footprint.
The Indiana Sports Corp. has already allocated most of the $10 million total it received for 2023 and 2024 for the Indiana Sports & Tourism Bid Fund, which it administers on the state’s behalf.
Beautification and renovation projects totaling about $39 million are in the works for entrances to the Indiana State Fairgrounds.
The hall of fame, founded in 2020, does not have a physical location and operates through its website and events.
IBJ first reported on plans for the project in August 2018, when Columbus, Indiana-based firm Everwood Hospitality Partners said it would spend $15 million to transform the vacant 133-year-old property.
There’s been little public movement on the pursuit of a Major League Soccer club since the city last August asked the state to create a new taxing district to pay for a soccer-specific stadium.
Johantgen, who has been with the theater nearly four years, said he has high hopes that momentum will continue to build in 2025—particularly as the theater keeps enhancing the visitor experience and finds new ways to fill seats.
Pacers Sports & Entertainment plans to build a dedicated training complex for the Fever with two regulation-size basketball courts, a full-service kitchen, a private outdoor courtyard and a spa-style retreat space.
Purdue University’s new multi-use building planned for the northwest corner of Michigan and West streets in Indianapolis is expected to rise 15 stories and open in 2027.
The local brewing company plans to spend at least $4 million to renovate the existing structure, committing to an adaptive reuse of the property as part of an agreement with the city.
Purdue’s purchase of the site—once earmarked for a large hotel and office development—is one of several moves the university has made downtown stemming from the dissolution of IUPUI last summer.
The 2025 All-Star events, which were moved to Indianapolis in August, include community programs, entertainment and on-court activities such a skills competition and three-point contest.
The Indy Ignite professional volleyball team made its debut Saturday night, earning a 3-1 victory against the Orlando Valkyries before a big crowd at the Fishers Event Center.
The $15 million project, a collaboration between the city and Indianapolis developers Gershman Partners and Citimark, is tentatively expected to daylight about 13,500 square feet of the catacombs on the southern portion of the plaza.
Gershman Partners and Citimark plan to collaborate on the overhaul with the City of Indianapolis, which will spend about $15 million to improve the Indianapolis City Market’s western plaza with green space, outdoor seating and an indoor-outdoor cultural exhibit centered on the underlying Indianapolis Catacombs.
The parcel, a parking lot of just six-tenths of an acre, was sold for $1.59 million by electric company AES Indiana.
The state has spent more than $690 million so far establishing the LEAP Research and Innovation District. Outgoing economic leaders say the project is a huge success, but some political leaders are cautious.
IBJ has reported extensively on numerous projects throughout this year in the core of Indianapolis and across the area—some that made significant progress and others that ground to a halt.
More than $8.5 billion in development is underway across downtown, with more coming as projects in their earliest stages wind their way through the planning process.
The Indiana Economic Development Corp. inched closer to its vision for its LEAP Research and Innovation District in Lebanon this year with more than $100 million in additional state funding, steps to secure water for the site and additional private investment.