Whitestown distribution building housing Shein sold for $47M
The 565,500-square-foot structure becomes SkyREM’s only current holding in Indiana and one of the five largest in its 29-property portfolio.
Mickey Shuey
Articles
Marian University begins work on $137M overhaul of former hospital campus
The project in the recently formed Riverside Education Innovation District centers on the renovation of the Larue D. Carter Memorial Hospital, which closed in 2020.
Former home of Tiki Bob’s among downtown buildings sold to Simon family in $4.5M deal
The acquisitions come as the family redevelops the former CSX warehouse property on the eastern side of the same block.
Indy Ignite hire Swiss Women’s National Team coach to lead club
Lauren Bertolacci, who spent the past 12 years coaching in Switzerland, will take over as head coach for the Ignite as the team prepares for its second season.
Indianapolis Zoo buys two nearby parcels but has ‘no plans’ for expansion
In the past decade, the zoo has seen substantial growth of its wildlife and educational offerings, with the addition of dedicated exhibit areas for orangutans, kangaroos and, most recently, chimpanzees.
Indianapolis among prospects for NHL expansion team, according to report
According to Daily Faceoff, the league informed its board of governors at its annual meeting that there were prospects for NHL expansion teams in Indianapolis, Atlanta, Houston and New Orleans.
Flaherty & Collins promotes Robert Flaherty to CEO
The move stems from what the Indianapolis-based developer calls a “deliberate succession plan” focused on helping the company continue to grow.
Hotel and concert hall project across from Fieldhouse scores up to $33M in state funding
The Indiana Economic Development Corp.-approved funding exceeds initial requests for the project, which would include a Shinola Hotel and a venue to be managed by Live Nation.
Butler launches sports, entertainment institute focused on local events
A new Butler University program announced Wednesday is expected to create opportunities for the school’s business and communication students to gain hands-on experience working in central Indiana’s burgeoning entertainment industry.
Local developer plans 170 apartments on Marion County’s southern border
The rents are expected to come in below market rate and fall into a category often called workforce housing—prices that exceed certain lower-income thresholds but are still reasonable for those living and working in the area.
Downtown foot traffic, Indianapolis hotels saw boost during Pacers’ run to NBA Finals
The nine-week playoff run led to a significant financial boost for local hotels and an increase in visitor traffic to restaurants and attractions.
Photos: Fans flock to downtown for NBA Finals
More than 12,000 people were expected to attend a Game 7 watch party at Gainbridge Fieldhouse.
City, universities say West Street stymies development and pedestrian safety
The nearly 2-mile stretch north to south from Interstate 65 to Interstate 70 is one of downtown’s busiest streets and reaches up to eight lanes in some places.
Photo gallery: Best moments from Pacers’ series-tying win over Thunder in Game 6
The Pacers forced Game 7 in the NBA Finals with a 108-91 victory over the Thunder.
City strikes deal with local developer for Drake property restoration
Indianapolis-based ALK Development LLC plans to spend $10 million to restore the 3060 N. Meridian St. building, currently owned by the city, to a 27-unit housing facility focused on seniors.
Developer eyes $100M-plus overhaul of Monument Circle building, purchased for just $6M
After launching the $120M Intercontinental Hotel across the street earlier this year, Keystone Group intends to collaborate with local and state officials to determine a long-term strategy for the former Anthem HQ.
Purdue’s plan for its Indianapolis extension focuses on high-density development
The university’s early concepts for the site call for 16 buildings ranging from five to about 20 stories, as well as a handful of others on the east side of West Street, the eight-lane roadway that separates the campus from the rest of downtown.
Longtime Purdue exec who helped launch university’s Indianapolis expansion to retire
The announcement comes just a week after the Purdue Board of Trustees approved an expansive, 50-year plan for the downtown Indianapolis campus.
Photos: The best moments from Pacers’ win over Thunder in NBA Finals Game 3
IBJ was downtown throughout Wednesday evening and captured action inside and outside of the arena.
Developer plans mixed-use revamp of block cater-corner to Children’s Museum
Indianapolis-based New City Development is planning apartments, townhomes, a nonprofit headquarters and retail space to accompany the 190,000-square-foot office building already on the property.