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Central Indiana’s largest office park secures new loan, additional investment

October 8, 2024 | Mickey Shuey

More than $36 million already has been invested into the campus over the past eight years, with updates to building systems, indoor and outdoor amenities, lobby spaces, restrooms and facades.

Real Estate Weekly: Sept. 24, 2024

October 8, 2024 | Mickey Shuey and Mason King

The following information was published on Sept. 24, 2024, in IBJ’s Real Estate Weekly e-newsletter.

Real Estate Weekly: Sept. 10, 2024

October 8, 2024 | Mason King

The following information was published in IBJ’s Real Estate Weekly e-newsletter on Sept. 10, 2024.

Indianapolis Cultural Trail plans headquarters expansion

October 9, 2024 | Mickey Shuey

The not-for-profit that manages the Indianapolis Cultural Trail has launched a $2 million fundraising campaign to support the acquisition of its headquarters at 132 W. Walnut St. and an adjacent building to accommodate the expansion plan.

With long slate of local projects, construction firm Skender moves offices to fit growing workforce

October 15, 2024 | Daniel Bradley

Skender’s focus on health care, office and municipal projects has reaped millions of square feet of work for the firm in central Indiana since opening its first local office in 2020.

NFL owners approve Jacksonville’s $1.4 billion ‘stadium of the future’

October 15, 2024 | Associated Press

The proposed 63,000-seat, open-air stadium will feature a translucent covering that’s expected to lower outside temperatures by 15 degrees.

New book details first 80 years of architecture in Indianapolis

October 17, 2024 | Dave Lindquist

With a belief that older structures give a city its personality, architectural historian and historic preservation consultant James Glass spent the past four years investigating a century’s worth of Indianapolis traits.

Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging sales

October 30, 2024 | Associated Press

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.

Count Indianapolis hotels and restaurants among fans of ‘Eras Tour’

November 3, 2024 | Dave Lindquist

In a year that’s included the NBA All-Star Game and U.S. Olympic swimming trials, Taylor Swift’s concerts are generating comparable business.

Lucas Oil Products moves headquarters from California to Indy’s Keystone corridor

November 5, 2024 | Mickey Shuey

An affiliate of the automotive lubricant company acquired the two-story building near the Fashion Mall at Keystone last year for $9.5 million.

Corteva inks naming-rights deal for Fairgrounds Coliseum

November 13, 2024 | Mickey Shuey and Michelle Kaufman, Inside INdiana Business

The $4 million deal replaces a 10-year agreement between the Indiana State Fairgrounds and Indiana Farmers Insurance.

Deferred maintenance emerges as higher ed state budget priority

November 14, 2024 | Cate Charron

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.

Indoor concert venue planned to succeed Fountain Square’s Hi-Fi Annex

November 18, 2024 | Dave Lindquist

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.

Indy CD & Vinyl to take over former Landsharks location

November 21, 2024 | Dave Lindquist

An expansion of Broad Ripple record store will focus on a new performance stage and a place where area residents can gather.

Some IPS students leave for Washington Township following rocky Broad Ripple Middle School opening

November 27, 2024 | Sydney Dauphinais, WFYI

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.

Office building owners finally see payoff from millions in upgrades

November 29, 2024 | Mickey Shuey

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.

ISO planning major facelift for Hilbert Circle Theatre

December 3, 2024 | Mickey Shuey

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.

Commission gives positive feedback on ISO’s Hilbert Circle Theatre plans

December 5, 2024 | Mickey Shuey

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.

Keystone at the Crossing office park ownership changes hands