Welcome to the 2019/2020 central Indiana arts season. I say that assuming you are an audience member and not one of the thousands of local arts professionals and talented non-pros. Many of those folks have already been hard at work creating and curating what you’ll see on stages and in galleries and experience elsewhere over the coming months.
The bleak transformation of the neighborhood surrounding the ever-expanding Children’s Museum of Indianapolis is one thing; the museum’s total indifference to the significance of Meridian Street and the transit goals of the city is another.
The Indianapolis City-County Council on Monday night approved nearly $10 million in financial incentives for a Denver-based developer that is planning a 13-story apartment, retail and office project across the street from the Indiana War Memorial.
A local investment group plans to spend $9 million to $10 million to construct the four-story hotel at 324 Wilkins St. If approved, the development would bring a new, fast-growing midscale hotel brand to Indianapolis.
The Corner’s owners hope to sell its equipment, furnishings and liquor license Oct. 1. Nearby, Sun King Brewery is about to open Offshore, a seafood and beer restaurant, in the former Thr3e Wise Men space.
We wish other incentive deals had fostered such vigorous debate, such as the council’s decision last year to provide $2.9 million in TIF financing for Duke Realty Corp.’s new $28 million headquarters in Keystone at the Crossing—an area of the city that’s already a magnet for development.
Plans for the development include a 220-room hotel and 32 residential units. The addition would boost the existing historic building from four to 26 stories.
By demolishing the Drake, the museum’s goal is not to create more parking; it is to reallocate money being spent on a building that no one has found a way to save so that the museum can offer programs that benefit children and families in our community. But we have heard the city’s concerns, understand the position of the Indianapolis Historic Preservation Commission, and look forward to working with the city to find a solution.
About 600,000 people were traveling with the company as of Sunday, though it was unclear how many of them would be left stranded. An estimated 1 million future travelers also found their upcoming holiday bookings canceled.
British travel firm Thomas Cook declared bankruptcy Monday, stranding hundreds of thousands of travelers and prompting the British government to initiate what it is calling the largest peacetime repatriation in the nation’s history.
A 148-room Cambria hotel is planned for South Meridian Street, less than one year after a local developer scrapped plans for a hotel near the same location with the same brand.
The sandwich shop will move a few blocks away as a developer makes plans to convert the building into a hotel. Also this week: Native Bread, VetIQ and Paco’s Taqueria.
The development company told IBJ in a statement that it plans to reposition its business to focus on e-commerce and industrial development and away from mixed-use and office projects, including Waterside.
Good Neighbor, an upscale apparel store, and Pumkinfish, a gift shop that focuses on products made by Indiana artisans, will be a part of the first phase of the $300 million project.
Real estate developers and experts suspect the firm couldn’t get access to enough capital to move forward with the massive, 103-acre development. Opinions are mixed on whether the site should remain intact or be split into multiple projects.
Event-only facilities are typically on the small side (at least compared to the convention center), located in or near downtown, and often reside in old industrial or warehouse structures.
XLVI Party.
When a flight delay caused a late check in or a business meeting ran overtime, the on-site eatery at your hotel was the meal of last resort—and was nearly always approached with low expectations. That may still be the case in some areas, but it certainly isn’t in downtown Indianapolis.
Indy Propco LLC, which has owned the 11-story building at 1 N. Meridian St. since January, wants to turn the property into a Motto by Hilton that would have at least 116 rooms, according to plans recently filed with the Indianapolis Historic Preservation Commission.
The letter from the city’s corporate council to Ambrose says that to “avoid the delay and expense of a court process, we would welcome the opportunity to begin negotiation acquisition of the property immediately.”
