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Articles

Speedway officials seek remedy for delayed Wilshaw hotel project

January 6, 2020 | Mickey Shuey

Progress on the 126-room Wilshaw, at the southeast corner of Main and 16th streets, has been stalled since early July while Indianapolis-based developer Loftus Robinson awaits the release of its first loan installment to finance the project.

Local developer proposes 195-unit apartment complex near Methodist Hospital

December 31, 2019 | Mickey Shuey

Arrow Street Development hopes to build two five-story buildings—each with ground-floor parking garages—as a single complex called Wesley Place on North Illinois Street.

Legal marijuana sales in Illinois, Michigan might spark interstate tension

December 30, 2019 | Associated Press

As Illinois prepares to join Michigan in the recreational pot market on Wednesday, officials are renewing warnings to consumers against carrying such products over state lines.

2019 YEAR IN REVIEW: A month-by-month look at other big 2019 stories

December 27, 2019

2019 was a year of big changes—some good, some bad, but all interesting. Here’s a rundown of the biggest news of the year.

2019 YEAR IN REVIEW: Lawmakers OK funding plan for arena updates, soccer stadium

December 27, 2019 | Lindsey Erdody

The law, which passed with bipartisan support in April, created funding plans for most of a $360 million renovation of Bankers Life Fieldhouse and the construction of a $150 million soccer stadium for the Indy Eleven by diverting millions of dollars in annual state tax revenue to the Capital Improvement Board.

2019 YEAR IN REVIEW: Ambrose pulls out of GM stamping plant project

December 27, 2019 | IBJ Staff

Ambrose had detailed plans in 2018 for a $1.4 billion, mixed-use development called Waterside—and said construction would start in 2019. But on Sept. 27, Ambrose said it planned to reposition its business and move away from mixed-use and office projects, including Waterside.

2019 YEAR IN REVIEW: Scotty’s Brewhouse, Palomino, Granite City among 2019’s biggest restaurant closures

December 27, 2019 | Susan Orr

When Scotty’s filed for Chapter 11 bankruptcy protection in December 2018, it had 19 locations, including seven Indianapolis-area Scotty’s Brewhouses and a Thr3e Wise Men Brewing Co. in Broad Ripple. By the middle of this year, most of those had closed, including all the Indianapolis-area sites.

10 news events that changed central Indiana in 2019

December 26, 2019 | Lesley Weidenbener

There was no shortage of huge news stories in central Indiana this year—with Roger Penske’s purchase of the Indianapolis Motor Speedway, the launching of the Red Line and the closing of trucking giant Celadon.

Upscale steakhouse with Indiana pedigree to open downtown

December 26, 2019 | John Russell

It will be the third Indiana location for Fort Wayne-based Eddie Merlot’s, which plans to take over space in one of downtown’s oldest buildings vacated last year by Red the Steakhouse.

red the steakhouse

Art house cinema, restaurant close to debut in Windsor Park

December 26, 2019 | Susan Orr

The project, whose backers include father/son developers Tom and Ed Battista, has been in the works for more than two years. Also this week: Jimmy John’s, Taste of Havana, Marco’s Pizza and Best Buy.

IBJ Podcast: Rick Eichholtz talks about the closing of Ike & Jonesy’s

December 23, 2019

Rick tells podcast host Mason King about how he became a bar owner, what his dad thought about the idea, and how he feels about Ike & Jonesy’s closing after more than three decades.

one jacson square

State expecting to bring in more revenue than previously estimated

December 20, 2019 | Lindsey Erdody

The state is expecting an additional $531 million in revenue over the next biennium, according to a forecast released Friday. The additional dollars would bring reserves up to $2.4 billion in 2020 and $2.6 billion in 2021.

Indianapolis lands major convention for people who make decisions about conventions

December 19, 2019 | Mickey Shuey

The American Society of Association Executives expects draw more than 6,000 people to Indianapolis for its four-day conference in August 2026, putting Indianapolis under the microscope of key decision-makers for their respective associations.

Canada-based fitness chain set to enter Indianapolis

December 19, 2019 | Susan Orr

30 Minute Hit will open its first Indiana gym in Indianapolis’ Wanamaker community early next year. Also this week: Burn by Rocky Patel, Wei Ramen, City Bytes Coffee, Gina’s Grill, Rise ‘n Roll and more.

Final goodbye: Recalling influential people who died in 2019

December 17, 2019 | Associated Press

This year saw the deaths of people who shifted culture through prose, pragmatism and persistence. It also witnessed tragedy, with talent struck down in its prime.

Cunningham Restaurant Group plans third Rize, this time in Carmel

December 17, 2019 | Kurt Christian

When the restaurant opens at 12955 Old Meridian Street, it will join Bru Burger Bar, another CRG concept, in a renovated Gateway Plaza retail center.

Children’s Museum, city put out incentive-rich RFI for Drake redevelopment

December 16, 2019 | Mickey Shuey

The city’s Department of Metropolitan Development and the Children’s Museum of Indianapolis, which has owned the Drake since 2014, issued a request for information inviting proposals from groups with an interest in redeveloping the property at 3060 N. Meridian St.

Ike & Jonesy’s to close as building owner develops boutique hotel

December 16, 2019 | IBJ Staff

After a 36-year run, the owners of the downtown nightlife institution say it will close after its New Year’s Eve party and a “Last Hurrah Celebration.”

one jacson square

Merged not-for-profit group to push redevelopment out to townships

December 13, 2019 | Samm Quinn

Renew Indianapolis will merge with the King Park Development Corp. on Jan. 1.

Interchange, trail spark development on 106th Street in Fishers

December 13, 2019 | Kurt Christian

The lion’s share of Fishers’ recent high-intensity development has taken place at East 116th Street and Interstate 69, but a wave of projects is coming together just to the south.

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