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Cousin sues Indy hotel developer over Crowne Plaza airport hotel entity

December 13, 2018

The lawsuit centers on Jim Dora’s alleged actions shortly before and after his father’s death in June 2016, with an entity, Airport Inn Developers, that owned and operated the Crowne Plaza Hotel near the Indianapolis Airport.

Kite seeks to minimize risk in convention-hotels project

November 21, 2018

Hospitality industry observers say this is far from an ideal time for Kite—a publicly traded real estate investment trust specializing in shopping centers—to veer outside its core business and tackle what would be a risky and colossal project that easily could cost more than $600 million.

Developer in downtown hotel project sues bank in rift over relocating branch

November 16, 2018

Loftus Robinson plans to transform the 16-story tower into a 130-room Kimpton-brand hotel. But it says it has hit a snag with moving Centier Bank from the ground floor.

one north penn new

Developer scraps plan for $22M downtown hotel, citing costs

November 12, 2018

Sun Development & Management Corp said the 11-story, 150-room project slated for a surface parking lot along South Meridian Street turned out to be “cost-prohibitive.”

Editorial: Convention hotel plan a winner

November 1, 2018

A proposed public-private partnership to build two convention hotels with 1,400 more rooms as well as a $120 million expansion of the Indiana Convention Center will give downtown and Visit Indy a big boost.

Georgia group proposes dual-branded hotel in Carmel

October 31, 2018

The six-story development would be built just north of Interstate 465 along Meridian Street.

IBJ Podcast: Detailing the Pan Am Plaza hotel-and-convention project

October 28, 2018

Guest host Lindsey Erdody (in for Mason King) talks with IBJ reporters Hayleigh Colombo and Anthony Schoettle about the public-private project, the city’s convention business and what remains unknown about the Pan Am Plaza project.

Pan Am hotel block rendering

Citing hotel deal, Gen Con extends Indy contract

October 18, 2018

Gen Con President David Hoppe said “new hotel developments, along with Indy’s desire for technological upgrades, have made our decision to extend with Indianapolis an easy choice.”

Kite to build 2 hotels at Pan Am Plaza; city to spend $120M on attached meeting space

October 17, 2018

The Capital Improvement Board has selected a Kite Realty Group plan from among three proposals in its effort to expand the city’s convention capacity. The CIB is expected to vote Friday to move the project forward.

Hotel developer plans $356M project at busy Indiana interchange

October 3, 2018

White Lodging announced Tuesday that 40 acres would be redeveloped to include an event center, hotels, restaurants, an office building and housing.

Bank, restaurant vacating downtown tower as work gears up for new hotel

September 25, 2018

The street-level retail tenants in One North Penn are preparing to either relocate or close for good as the office building’s transformation gets under way.

One north penn

IBJ Podcast: Can Indy support its downtown hotel boom?

September 24, 2018

Host Mason King talks with Mark Eble, the managing director of CBRE Hotels Advisory and an expert on the hotel industry in the Midwest, to find out.

Prominent hotel developer, family foundation donate $30M to Purdue for Union Club upgrade

September 22, 2018

Purdue announced the gift Saturday during an event to celebrate homecoming and the kickoff of the school’s year-long 150th anniversary celebration, which is themed “Take Giant Leaps.”

Purdue hotel entry rendering

Downtown sees blitz of hotel projects

September 20, 2018

The Indianapolis hotel market is booming, with about 2,800 new rooms slated to come online downtown alone in the next five years.

Drury plans to demolish Caribbean Cove hotel/water park, build new inn

September 17, 2018

The mammoth hotel and conference center abruptly closed last year, leaving a huge hole in the Michigan Road corridor south of I-465. Drury Hotels wants a tax break from the city for its plans to fill it.

Caribbean Cove

Posh Intercontinental Hotel part of $141M redevelopment plan for two downtown buildings

September 13, 2018

Keystone Realty Group is in line to receive financing help from the city for an ambitious plan that would overhaul two nearly vacant office properties near Monument Circle and bring a prestigious Intercontinental Hotel to Indianapolis.

intercontinental rendering

Historic downtown office building to receive $15M renovation as hotel

August 14, 2018 | Mason King

Located less than two blocks from Monument Circle, the 120-year-old building could reopen as early as 2019 as a millennial-friendly Aloft property.

aloft stock yards market street

Two more hotels planned for burgeoning Whitestown development off I-65

August 14, 2018

Once populated largely by cornfields, the landscape at the intersection of I-65 and Whitestown Parkway has exploded in recent years with retail and restaurant projects. A smattering of hotels has followed, and two more projects now are in the works.

Hotel operator sues airport authority, Infosys over lease termination

July 23, 2018

A Detroit-based hotel operator alleges the authority and the tech company colluded to wrongfully terminate its lease at a 257-room hotel at the airport to make room for Infosys’ high-profile innovation hub development.

Four developers vying to build hotel at Indianapolis International Airport

July 5, 2018

The hospitality market is booming—so is it finally time for Indianapolis International Airport to add an on-site hotel? Airport leaders are examining pitches from four developers that think it is.

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