UPDATE: City’s second-largest hotel to be sold for $165M
White Lodging Services Corp. and REI Investments have a contract to acquire the 622-room Indianapolis Marriott Downtown hotel, the owner said Thursday.
White Lodging Services Corp. and REI Investments have a contract to acquire the 622-room Indianapolis Marriott Downtown hotel, the owner said Thursday.
The Knights Inn at the airport had a couple of rooms left at $899 per night Wednesday, according to Expedia. And a room could be had at the Red Roof Inn in Anderson for $446.
Speedway President Doug Boles said there are two main issues preventing the track from incorporating a hotel into the outside infrastructure of Turn 2. But could the project be revived?
The owner of Tow Yard Brewing hopes to build the eight-story hotel, which would feature 6,000 square feet of retail and four levels of parking, next to the downtown microbrewery.
Downtown’s Bethel African Methodist Episcopal Church is part of a $30 million plan to redevelop the property into two hotels totaling more than 200 rooms.
The city’s oldest African-American church is poised to become a hotel as part of a larger, $30 million project that could add more than 200 rooms to downtown’s lodging inventory.
Only three months in, Muncie's most recent major investment to its downtown corridor seems to be luring hundreds of people who otherwise might never have visited.
St. Louis-based Drury said the new hotel would have 350 rooms spread between IBJ’s four-story building and a tower it plans to build on the surface parking lot next door.
The 92-year-old building at Washington and Pennsylvania streets was not on the market when the hotel chain approached its owners late last year.
A local hotel developer plans to build the 175-room Embassy Suites near the town’s Interstate 70 interchange and Indianapolis International Airport.
Hotel rooms booked by Visit Indy rose to a record in 2015. But the number of bookings from out-of-state organizations plummeted by more than 100,000, possibly because of the Religious Freedom Restoration Act controversy.
Two local developers are teaming to build a $50 million mixed-use project adjacent to the Indianapolis Motor Speedway that would anchor the town’s revitalized Main Street.
With a Hampton Inn in Westfield and a Hyatt Place in Carmel, developers continue to step up to meet a recent rise in lodging demand.
The developer wants help to offset costs of the 120-room hotel, to be built next to Ironworks at 86th Street and Keystone Avenue. The project would include a sidewalk along 86th Street linking the hotel to the Keystone at the Crossing area.
The deal would add 50 percent more rooms to Marriott's portfolio and give it more unique, design-focused hotels that appeal to younger travelers.
Hundreds of acres of undeveloped land surround the 35-acre site the popular Swedish home furnishing company selected—land now ripe for new projects. And in other communities, hotels, restaurants, retailers and even tech companies have followed Ikea stores.
Since arriving in Indianapolis in 1989—to buy a Days Inn on the city’s south side—Bharat Patel has grown his portfolio to nearly 30 properties stretching from California to New Jersey.
According to plans, the 180-room hotel will be on 5.26 acres of city-owned property immediately to the west of the future indoor soccer facility on 191st Street.
Hotel developers emboldened by downtown’s escalating occupancy rate are poised to bring about 800 more rooms to the market.
A seven- to eight-story hotel and 20,000-square-foot conference center are part of the proposed mixed-use development at exit 210 just off of Interstate 69 in Noblesville.