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.
It’s been another busy year in Indiana health care and life sciences, with headlines nearly every week announcing another billion-dollar deal or investment.
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.
The nonprofit, Indiana’s largest and oldest AIDS service organization, hasn’t finalized a budget for the project, but early estimates place the cost between $12 million to $15 million.
Even in the era of online banking, banks say they still value the physical location, and several are making significant investments in expanding and improving their branch networks.
Dan and Anna Cage, whose eateries also include Broad Ripple restaurant Ambrosia and Fall Creek Place’s Bocca, plan to open Josephine at the corner of West Main Street and First Avenue SW.
The nearly 1.1-million-square-foot campus, which includes five office buildings and one small retail building, was purchased by Interamar and Typerion Holdings for an undisclosed price.
The Indianapolis Symphony Orchestra presented its renovation plan Wednesday night in a preliminary review by the Indianapolis Historic Preservation Commission, which has purview because both the interior and exterior of Hilbert Circle Theatre are protected as historically significant.
The overhaul would include construction of a new rooftop event space and outdoor terrace overlooking Monument Circle, a revamp of lounge areas, and a new covered walkway and entryway along the Scioto Street alley.
Experts say some improvements—particularly those focused on wellness—help soften the blow for employees returning to their cubicles after growing acclimated to working from home.
More than 130 students have left Broad Ripple Middle School since its debut at the start of the school year. Some departing families cited poor communication and a chaotic environment. Some who stayed see significant improvements.
Concert company MOKB Presents announced plans Monday to open a 1,200-capacity venue in early 2026 at the former site of Well Done Marketing in the Murphy Arts Building.
Indiana’s public universities are seeking millions of dollars for capital projects, but the state’s Commission for Higher Education wants lawmakers to concentrate funding in the next budget cycle on deferred-maintenance projects.
Starbucks reported a disappointing end to its 2024 fiscal year, with revenue falling 3% in the July-September period as customer traffic slowed in the United States and China.
