Clay Terrace hits pause on pre-pandemic plan to add apartments, offices, hotel
Columbus, Ohio-based Washington Prime Group has told the city of Carmel it has decided to put the brakes on an ambitious plan to diversify the lifestyle center.
Columbus, Ohio-based Washington Prime Group has told the city of Carmel it has decided to put the brakes on an ambitious plan to diversify the lifestyle center.
The Indiana Horse Racing Commission signed off on the deal this week, paving the way for what will be the world’s largest casino operation. The merger, which awaits approval from New Jersey regulators, affects five Indiana casinos.
Indianapolis Mayor Joe Hogsett said the city is continuing to work with Indianapolis-based Kite Realty Group Trust—which is developing the project—to finalize a reworked timeline.
The Indiana Gaming Commission on Friday approved Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp.’s four Indiana casino properties, with major conditions.
Everyone but city government seems to be sounding the alarm about a homeless takeover of downtown Indy.
There’s something incredibly practical about putting money into your home, in the right places. The key is to not get carried away by convincing yourself every dollar spent is wise or even an investment.
Hotels across the metro area are starting to slowly rebound from this spring’s shutdown, but north-suburban properties are making up ground faster than anyone else.
Some are asking whether coronavirus aid funds are flowing to the neediest hospitals, or to those that already have deep financial resources, as the money is doled out to thousands of institutions nationwide.
Simon is veering into retailer ownership in a substantial way, emboldened by its successful partnership with two other firms to buy the teen-oriented mall chain Aeropostale out of bankruptcy court in 2016.
The CIB, which operates the Indiana Convention Center and Lucas Oil Stadium, on Friday said May income fell significantly short of both previous-year and budgeted totals because of the pandemic.
Some economists have even warned that a so-called “double-dip” recession, in which the economy shrinks again after rebounding, could develop.
Guests who stay at the hotel will see a variety of changes, including plexiglass barriers at check-in counters and an increase to the amount of time allocated for room cleanings.
The Nike Tournament of Champions, a 300-team girls basketball event, is expected to bring 9,000 people to Indianapolis through Sunday, injecting an estimated $8.9 million into the local economy.
Approval of the acquisition of Caesars Entertainment in coming days from regulators in Indiana and New Jersey would create the world’s largest casino operation.
The state has begun coordinating with Indiana schools to provide them with PPE supplies for K-12 students and educators, including 3 million reusable face masks.
Among businesses that received money was a California hotel partially owned by the husband of House Speaker Nancy Pelosi, as well as a shipping business started by Transportation Secretary Elaine Chao’s family.
Senate Majority Leader Mitch McConnell, R-Ky., outlined new details Monday of what he wants to see in the next and potentially final coronavirus relief package.
Recipients covered a broad swath of industries, with some that were less directly impacted by the coronavirus pandemic, such as manufacturing and construction, receiving a greater proportion of the loans than the hard-hit restaurant, bar and hotel industries.
The increase is hitting more young people. People under 30 now account for 22% of all who have tested positive for COVID-19 in Indiana, up from 15% just a few weeks ago.
In the first year of his second term, the mayor has an opportunity to make rebuilding downtown in a way that’s economically inclusive his signature achievement in office.