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Mayoral candidates differ on approach to downtown incentives

October 20, 2023 | Mickey Shuey

While incumbent Joe Hogsett says a broad use of incentives like tax-increment-financing bonds is often necessary to bridge funding gaps, Jefferson Shreve favors a moderated use of the city’s incentive toolbox.

IU Health downtown hospital plan to get another city review

September 11, 2023 | John Russell

The Department of Metropolitan Development staff is recommending approval if IU Health explains why it changed several items in the plan, including why it wants to build two surface lots for 291 cars on sites that were previously planned for structures.

Downtown construction boom raises workforce concerns

July 14, 2023 | Mickey Shuey

With at least $9.5 billion in development projects in the downtown pipeline over the next decade, construction industry leaders are under pressure to find enough qualified workers to ensure the work gets off the ground.

White House announces nearly $1B in grants to expand internet access

June 16, 2023 | Associated Press

The so-called middle mile grants are meant to create large-scale networks that will enable retail broadband providers to link subscribers to the internet.

IU Health readies for large bond sale on major hospital projects

June 12, 2023 | John Russell

The hospital system confirmed Monday that it priced the bonds at $726 million on June 6 and expects to close on the offering July 6. The bonds will help finance IU Health’s new downtown hospital.

City’s big bet on a publicly owned Signia by Hilton worries other hoteliers

May 12, 2023 | Mickey Shuey

But Mayor Joe Hogsett, a Democrat seeking a third term, says the plan will ensure Indianapolis’ hospitality industry remains nationally competitive by making room for larger events.

Mayoral candidate Shreve calls Hogsett’s Pan Am Plaza plan ‘flawed policy’

May 9, 2023 | Mickey Shuey

Republican Jefferson Shreve said he disagrees with the decision by Mayor Joe Hogsett’s administration to take over financing and ownership of the $510 million Signia by Hilton—a key part of the city’s convention strategy.

City to take over financing of $510M hotel at Pan Am Plaza

May 5, 2023 | Mickey Shuey

Hogsett administration officials said the move was necessary to save the project after Kite Realty Group told the city it couldn’t secure suitable financing for a planned 814-room Signia by Hilton hotel.

2023 Forty Under 40: Tim King

April 21, 2023 | Eric Dick

Tim King has helped grow Guidon Design from a six-person firm (he was employee No. 6) into what is now the third-largest architecture firm, ranked by billings, in Indianapolis.

Tale of two downtowns: $9B set to be invested in projects, even as business district struggles with recovery

February 17, 2023 | John Russell and Mickey Shuey

Many parts of downtown are thriving—particularly neighborhoods, where rents are rising, people have to stand in line for a lunch table, and investments are flowing. Other parts—especially downtown’s central core, where many workers might come to the office only once or twice a week—are limping along, pockmarked by vacant storefronts, panhandlers and crumbling sidewalks.

Joe Hogsett: Downtown is a place to live, work, play—in equal amounts

February 17, 2023 | Joe Hogsett

We have begun transforming underutilized city-owned properties into mixed-use residential hubs. That added housing comes alongside other major residential projects and will be surrounded by infrastructure that improves mobility for residents with or without a car.

Hospitality industry icon Bruce White, who developed key downtown Indy hotels, dies at 70

January 19, 2023 | IBJ Staff

White founded White Lodging in 1985 with a single hotel in Northwest Indiana and grew the company into one of the industry’s largest privately held development, ownership and management companies.

IU Health expands plan for downtown hospital, pushing price tag to $4.3B

January 9, 2023 | John Russell

Indiana University Health said Monday the cost of its new downtown hospital complex will now top $4 billion, an increase of 60% over previous estimates, due to higher construction costs and a major increase in the number of patient rooms.

Hamilton County looks to ease rural digital divide

December 9, 2022 | Daniel Bradley

The county has some of the most affluent, highly connected cities in Indiana. It also has rural areas that lack widespread access to reliable high-speed internet.

Michael A. Carroll Award: Melangton’s commitment makes community impact

October 28, 2022 | Sam Stall

For nearly 40 years of consensus-building and tireless passion to Indianapolis causes, Allison Melangton is the 29th recipient of the Michael A. Carroll Award.

In wake of new abortion ban, Lilly says it will look outside Indiana for expansion projects

August 6, 2022 | John Russell

Indianapolis-based Eli Lilly and Co. said Indiana’s new abortion law could hinder its ability to attract diverse scientific, engineering and business talent to the state.

Developer planning 11-story, $85M apartment project near IU Health campus

March 22, 2022 | Mickey Shuey

To be named Hall Place Apartments, the 308-unit project would occupy about two acres just south of 18th Street and west of Illinois Street.

2021 Year in Review: Top headlines by the month

December 31, 2021

Real estate deals, police-reform legislation, a name change for the fieldhouse and more news from 2021.

2021 Year in Review: Schellinger leaves IEDC; Chambers takes over

December 30, 2021 | Emily Ketterer

Longtime commercial real estate developer Brad Chambers was named Indiana’s secretary of commerce, roughly three months after Jim Schellinger abruptly resigned the position

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