Kite Realty Group bets big on hotel, even as other projects wither
A third of planned downtown hotel rooms announced before the pandemic are now on hold.
A third of planned downtown hotel rooms announced before the pandemic are now on hold.
To say Indiana’s horse racing industry had concerns about Eldorado Resorts Inc. taking over the state’s two horse-racing casinos would be putting it mildly.
The $300 million hotel will be the most expensive and elaborate new lodging project built in the city since the $450 million JW Marriott complex was completed in 2011. And it will compete directly with the JW.
More than 1.4 million laid-off Americans applied for unemployment benefits last week, marking the 19th straight week that more than 1 million people have applied for unemployment benefits.
A meeting between top White House officials and Democratic leaders ended with no agreement on extending emergency unemployment benefits that expire on Friday, or on reviving a moratorium on evictions that lapsed last week.
The city will not subsidize construction of Kite’s two hotels on the site but will ask the City-County Council to authorize a $150 million bond to finance an addition to the Indiana Convention Center.
The project, which includes plans for a $125 million expansion of the Indiana Convention Center, would also create 2,500 construction jobs before completion in 2025.
The project, expected to cost as much as $550 million to construct, has been in the works for years as Kite and the city worked to reach an agreement.
The White House and Senate Republican plan calls for around $1 trillion in new spending, while the House Democrats have coalesced around a $3 trillion plan they passed in May.
Vacation homes should project the lighter side of life. Playful, comfortable, easygoing and casual are all good adjectives for a vacation home.
Senate Republicans want to reduce the $600 extra payment to $200 until states can implement a new approach that would pay the unemployed 70% of the income they collected before they lost their jobs.
The companies say that they can’t rehire many people because they can’t fully reopen properties. But their decisions to withhold the money from payroll have left employees to rely on government unemployment checks.
The loss in convention business due to COVID-19 is starving downtown restaurants of customers. And without great restaurants, Indy isn’t as attractive as a convention destination.
Our city has an issue, but there is a way to start working on a solution. Regarding Greg Morris’ recent column [City must address panhandling to ensure downtown’s survival, July 10], the increase in panhandling downtown can be directly linked to the loss of a vital resource, The Reuben Engagement Center, a 30-bed facility at […]
Firms that specialize in making conferences, fundraisers and other events memorable and financially successful must pivot on a dime to stay relevant in the coronavirus era.
The immigrant from Taiwan is deep in research and development for his new role as executive chef at Vivante, a French restaurant opening in Carmel’s luxurious Hotel Carmichael on Aug. 4.
The mayor, who is in the first year of his second term, acknowledged the challenges—and even some naivete when it came to the riots. But Hogsett, a Democrat, said he’s confident in the ability of residents, the business community and leaders to address them.
Visit Indy said about $75,000 of the $1 million budgeted for the “You’ve Earned It” advertising campaign has so far been spent, generating about $400,000 in visitor spending.
Senate Majority Leader Mitch McConnell, R-Ky., had planned to roll out a $1 trillion GOP bill Thursday morning, but that announcement was canceled in a head-spinning series of events.
Get the latest tidbits on pandemic-related closures, delays, testing and other news in this ongoing series of updates.