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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.

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.

Revamped downtown CSX redevelopment plan features upscale hotel, music venue

July 18, 2024 | Mickey Shuey

An investment group led by Indiana Pacers owner Herb Simon and his family said Thursday it plans to spend at least $300 million to construct a 13-story luxury hotel and connected 4,000-seat theater on the property after demolition of the existing century-old building.

National Catholic group, Brickyard 400 making hotel rooms scarce in Indianapolis this weekend

July 17, 2024 | Mickey Shuey

The National Eucharistic Congress will use about 27,000 hotel room nights over five days. The event officially runs Wednesday through Sunday, but a welcome service took place Tuesday night at St. John the Evangelist Catholic Church (see photo gallery in story).

Caitlin Clark-Gatorade ad explores new heights on JW Marriott hotel

July 3, 2024 | Mickey Shuey

The 34-story hotel’s facade has frequently been used to promote numerous local events and teams, but the 205-foot-tall Clark graphic for Gatorade marks the first obvious product advertisement on the building.

Record-setting Signia hotel concrete pour sets stage for construction

June 6, 2024 | Mickey Shuey

More than 800 truckloads of concrete went into the foundation for the planned Signia by Hilton hotel and Indiana Convention Center addition at Pan Am Plaza over a 12-hour period.

Hotel slated for parking lot across from Gainbridge Fieldhouse

May 14, 2024 | Mickey Shuey

The hotel would be flagged as a Tempo by Hilton, a brand launched in early 2020 with a focus on drawing business travelers with higher-end amenities like bars and cafes.

Hotel Carmichael exceeding financial expectations, could expand

April 24, 2024 | Daniel Bradley

Financial figures made public to the Carmel City Council show the luxury hotel has exceeded expectations for revenue and occupancy since its opening in 2020.

InterContinental Hotel set to open this fall, bringing downtown another luxury lodging option

April 12, 2024 | Mickey Shuey

The $101 million project at 17 W. Market St. will include 170 rooms and a rooftop bar with views of the Soldiers and Sailors Monument. The opening will come some five years after Keystone first proposed the hotel.

Area hotel rooms scarce, expensive ahead of Monday’s eclipse

April 5, 2024 | Mickey Shuey

The astronomical event—the only that will pass through Indianapolis for 129 years—has led to a virtual sellout of the downtown Indianapolis hotel supply for Sunday night, with most other rooms throughout Marion, Hamilton and Johnson counties fully booked.

Airport hotel still under study, but gets $57M budget cut

March 28, 2024 | Mickey Shuey

The cost reduction is part of a redesign requested by the board ahead of an expected vote later this year on whether to begin construction.

Much of Pan Am block being demolished to make way for convention center expansion, 40-story hotel

March 26, 2024 | Mickey Shuey

The structures and public spaces being erased from the site include the former Pavilion at Pan Am event center at 201 S. Capitol Ave. and the Pan American Plaza, making way for vertical construction later this spring.

Foreclosure suit filed against owner of Wilshaw hotel property

February 23, 2024 | Mickey Shuey

Officials with the town of Speedway, which is not named in the lawsuit, said they are “carefully monitoring” the situation and in communication with the developers on the matter.

Downtown’s supply of hotel rooms close to selling out for All-Star Weekend

January 31, 2024 | Mickey Shuey

The NBA has contracted with 29 of downtown’s 35 lodging properties, with each committing at least 90% of their inventory at negotiated rates and minimum four-night stays, according to Visit Indy.

Motto hotel project in King Cole building delayed but still kicking, developer says

January 17, 2024 | Mickey Shuey

More than a year after the original projected completion, the $54 million hotel renovation project shows little evidence of progress. But work behind the scenes continues, the developer told IBJ.

‘Bleisure’ travel giving short-term rentals like Airbnb a boost over hotels

January 3, 2024 | Associated Press

Some call it “ bleisure travel,” “laptop lugging,” “workations” or simply “blended travel.” Whatever it’s called, it could upend the traditional divide between leisure and business travel.

All-in cost of Pan Am Plaza hotel, convention center expansion might surpass $1.6B

November 16, 2023 | Mickey Shuey

The city on Wednesday and Thursday sold $581 million in bonds for the development through the Indianapolis Local Public Improvement Bond Bank, consisting of $436.8 million in tax-exempt revenue bonds for the hotel portion of the project, and another $155 million for the convention center expansion.

North of 96th roundup: New hotel, Bar Louie in the works; Costco sets opening date

November 16, 2023 | Daniel Bradley

Multiple retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis. Here’s a rundown:

Indianapolis officials prepare for $751.6M in bond sales for Signia hotel, convention center projects

November 14, 2023 | Mickey Shuey

The all-in cost for the redevelopment of Pan Am Plaza is now expected to be $751.6 million. The bond sales to cover much of that cost—creating significant long-term debt for the city—are expected to take place this week.

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