Stephen Simon has been increasingly involved with the team since his father, Herb, acquired full ownership of the franchise before the death of Herb’s brother Melvin in 2009.
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
The Fishers-based company lost the Comfort Suites City Centre near Lucas Oil Stadium in a bankruptcy reorganization filed by one of its affiliates, which owed a creditor about $12 million.
Despite an invitation from the Democratic National Committee to bid for the party’s nominating convention, Mayor Greg Ballard says Indianapolis has too many commitments on its plate.
The seemingly endless yellow brick road to Oz, or what residents of central Indiana have come to accept as privately owned professional sports franchises seeking financial sustenance to build and upgrade, is nearing a tipping point of practical expenditures.
It used to be that Broadway was the launching pad for dozens of new plays a year. Now, only a handful of premiere non-musicals find their way there, and it’s a small miracle when one arrives as wonderfully loopy as Will Eno’s “The Realistic Joneses.” Of course, small miracles are easier for producers to manifest […]
Westfield-Washington Schools is asking the city to help pay for a new football stadium to accelerate construction and make way for what’s being described as a $40 million-plus commercial development at U.S. 31 and State Road 32.
Indianapolis officials plan to use a downtown light show and $30 million in pre-raised corporate cash to wow the NFL’s team owners into granting the Circle City the title of Super Bowl host for the second time in six years.
The owners of the 19-building Precedent Office Park are poised to unload the massive property, but at a price much cheaper than what they gave nine years ago during the height of the real estate boom.
Local officials bidding for the 2018 Super Bowl had hoped to announce a new downtown hotel in time to land the big game, and local hospitality and real estate officials acknowledged the Pan Am location is the most likely site.
The city on Wednesday turned in a 900-page bid to host the 2018 Super Bowl that mentions the possibility of two new downtown hotels. Meanwhile, a Colts official said owner Jim Irsay plans to help lobby for the city’s bid at the May 19-21 NFL owners meeting.
Minnesota and New Orleans are keeping fairly quiet for competitive reasons. Indianapolis said it would expand the Super Bowl Village, which originated with Indy’s first Super Bowl, and will have another legacy project in the community.
Turmoil within the USA Cricket Association could jeopardize the organization’s national championship set for Indianapolis’ new World Sports Park in August, though local officials remain confident the event will happen.
A Westfield-based investment group is working on plans for a $40 million “life wellness” development on land it’s buying from Westfield-Washington Schools.
The city of Westfield will help Westfield High School replace its aging football stadium, making way for a $40 million commercial development planned for the corner of U.S. 31 and State Road 32.
