While education dominates half of Indiana’s budget and Medicaid costs worry lawmakers, a projected transportation infrastructure funding shortfall creeps closer.
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.
Indianapolis-based Keystone Group has been working on the 170-room hotel, a $101 million adaptive reuse of the historic Illinois Building at 17 W. Market St., since 2018.
McGowan led the Indianapolis Convention and Visitors Association from 1984 to 2002 and was instrumental in the city’s efforts to land the 1987 Pan American Games, the 1980 and 1991 Final Fours and the Indianapolis Colts.
After setting Nov. 16 as the opening date, officials now say they’re expecting to begin operations at the 265,000-square-foot facility in January or February.
The Indianapolis Airport Authority is expected to consider the deal Friday during its monthly board meeting, although no sale would be finalized until the heliport is fully decommissioned.
The bipartisan deal would punt a government shutdown deadline into March, but House Republican infighting could still endanger any agreement and push federal agencies to the brink of shuttering this weekend.
More than 600 people have signed a petition calling for the city to reject the zoning change request that would pave the way for the development, which would feature at least 675 homes, town homes, condos and multifamily flats.
Located north of The Shops at Perry Crossing shopping center, Crossing 5 Towns & Flats is expected to offer market- and above-market-rate units ranging from one to three bedrooms.
The gift is the largest grant that Indiana University has ever received in support of research and development. IU President Pamela Whitten said the funding will help “change the very landscape of our capital city and state.”
The plan would feature approximately 366 apartment units, 60,000 square feet of medical office space, 12,500 square feet of retail space and 447 parking spaces.
Adam Rupp oversees the finance team, IT, human resources and risk management at Midwest Mole, a business that provides boring, tunneling, directional drilling and railroad services throughout the country.
