Known as IU LAB and supported by a $138 million grant from the Lilly Endowment, the IU Launch Accelerator for Biosciences will be based at the 16 Tech Innovation District.
Gershman Partners and Citimark plan to collaborate on the overhaul with the City of Indianapolis, which will spend about $15 million to improve the Indianapolis City Market’s western plaza with green space, outdoor seating and an indoor-outdoor cultural exhibit centered on the underlying Indianapolis Catacombs.
The findings are consistent with a statewide water study released in August that concluded Indiana has a “plentiful” but unevenly distributed water supply.
A streetwear-and-more shop and a store selling toys in a former bank building once robbed by John Dillinger are recent independent retail additions to the block across from Bottleworks.
The state has spent more than $690 million so far establishing the LEAP Research and Innovation District. Outgoing economic leaders say the project is a huge success, but some political leaders are cautious.
Taft, which has the second largest presence of any law firm in Indianapolis, now has offices stretching from the Rocky Mountain region to Washington, D.C.
IBJ has reported extensively on numerous projects throughout this year in the core of Indianapolis and across the area—some that made significant progress and others that ground to a halt.
It’s been another busy year in Indiana health care and life sciences, with headlines nearly every week announcing another billion-dollar deal or investment.
In April, Hogsett made a surprise announcement that the city would pursue a Major League Soccer team and said he was talking with representatives of a yet-to-be-named ownership group about the possibility.
More than $8.5 billion in development is underway across downtown, with more coming as projects in their earliest stages wind their way through the planning process.
In addition to its slate of annual conventions like National FFA, FDIC International, Gen Con and the Performance Racing Industry—which each bring in 30,000 or more people—the city played host to numerous one-time events, including the 2024 NBA All-Star weekend, the three-night Taylor Swift The Eras Tour stop, and the U.S. Olympic Swimming Trials.
