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Historic commission signals support for $312M downtown hotel and entertainment venue project

August 8, 2024 | Mickey Shuey

Members of the Indianapolis Historic Preservation Commission on Wednesday mostly praised plans to redevelop the site of a century-old railroad servicing building across the street from downtown’s Gainbridge Fieldhouse.

New report shows soccer stadium taxing district could generate $2.1B over 32 years

August 6, 2024 | Mickey Shuey and Taylor Wooten

Of the $2.1 billion in taxes expected to be generated through the district from 2025 to 2056, about $1.7 billion would come from state income and sales and use taxes, the report says.

How this city turned its scorching heat into a tourism draw

August 6, 2024 | The Washington Post

Arizona’s Scottsdale is leaning in to the very thing that might deter summer vacationers, while adapting events to high temperatures.

Carmel City Council removes GOAT’s restrictions, approves DORA

August 6, 2024 | Daniel Bradley

The Carmel City Council on Monday night voted 8-0 to remove rules instituted two years ago that required The GOAT to have earlier closing times, no outdoor speakers and a neighborhood hotline.

Sold-out Gen Con attendance eclipses 71,000 as convention eyes further growth

August 6, 2024 | Mickey Shuey

Gen Con, a tabletop gaming convention that has been held in Indianapolis since 2003, featured more than 540 exhibitors and 24,000 distinct events during its run at the Indiana Convention Center, Lucas Oil Stadium and a handful of downtown hotels from Aug. 1 to 4.

IBJ Podcast: Simons building hospitality ecosystem by fieldhouse with plans to add luxury hotel, concert venue

August 5, 2024 | Mason King

Here’s how plans for a $300 million complex with a luxury hotel and concert venue could vibe with Gainbridge Fieldhouse and Commission Row—not to mention the proposed soccer stadium a couple blocks to the east.

Simon family expands footprint near fieldhouse

August 2, 2024 | Mickey Shuey

For decades, Herb Simon’s downtown investment focused on owning Pacers Sports & Entertainment and managing Gainbridge Fieldhouse. But in recent years, Simon and his family have expanded their investments and holdings in downtown’s Warehouse District.

U.S. added just 114,000 jobs in July; unemployment rate rises to 4.3%

August 2, 2024 | Associated Press

Friday’s report from the Labor Department showed that employers added 35% fewer jobs than forecasters had expected and the unemployment rate hit its highest level since October 2021.

Downtown tax poised for passage as owners of Indy’s tallest buildings decry costs

August 2, 2024 | Taylor Wooten

For the JW Marriott, the fee would be nearly $348,000 a year. For Salesforce Tower, the cost is about $251,000.

Ohio-based Kitchen Social chooses Fishers for first Indiana restaurant

July 31, 2024 | Daniel Bradley

Kitchen Social was founded by the former CEO of Columbus, Ohio-based Bravo Brio Restaurant Group, which operates the Bravo! restaurant chain.

Delta CEO says airline is facing $500M in costs from global tech outage

July 31, 2024 | Associated Press

Among airlines, Delta was by far the hardest hit hard by the outage, having to cancel thousands of flights, because key systems were crippled by the incident.

U.S. job openings fall slightly, but remain higher than expected

July 30, 2024 | Associated Press

Layoffs dropped to 1.5 million, lowest since November 2022 and down from 1.7 million in May, a sign that employers remains reluctant to let go of staff.

At 50, Dungeons & Dragons continues to fire up Gen Con attendees

July 30, 2024 | Dave Lindquist

The 70,000 Gen Con attendees in Indianapolis this week will be able to visit a Dungeons & Dragons pop-up museum and check out new U.S. stamps based on D&D imagery.

‘Hot Dog Money’ recounts wide-ranging NCAA scandal involving former Indiana Pacer

July 29, 2024

Investigative journalist Guy Lawson’s new book looks at the NCAA bribery scandal that got former Indiana Pacers player Chuck Person and nine other men in legal trouble.

Pete the Planner: Know your black boxes and blank checks

July 26, 2024 | Peter Dunn

But you do have the ability to know a lot more things about your financial life than you are currently attempting to know.

With ‘The Duel,’ Indiana’s Pigasus Pictures enters the big leagues

July 25, 2024 | Dave Lindquist

Global content platform Lionsgate will release made-in-Indiana film “The Duel” in 500 U.S. theaters on July 31.

MLS commissioner: Indy doing ‘everything right’ in bid to join league

July 24, 2024 | Mickey Shuey

While Mayor Joe Hogsett said he hopes to work with a prospective investor group to file an application by the end of the year to join Major League Soccer, Commissioner Don Garber said Wednesday he considers the process to be in its infancy.

Local firm laying groundwork for retail, hotel complex along Southport Road by I-69

July 23, 2024 | Mickey Shuey

The project is expected to include existing and new-to-market restaurant concepts occupying lots ranging from 1 to 2 acres.

Delta cancels 600 more flights as it struggles to recover from tech outage

July 22, 2024 | The Washington Post

The technical issues stem from an update issued for systems that run on Microsoft Windows by the security firm CrowdStrike, whose software is widely used by businesses seeking to defend themselves against hackers.

Airlines says cancellations continue as they try to recover from tech outage

July 21, 2024 | Associated Press

Total cancellations within, into or out of the U.S. on Sunday clocked in at 1,461, according to the latest data from FlightAware.

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