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Articles

Top Indianapolis development projects to watch in 2024

December 26, 2023 | Mickey Shuey

While most projects, such as Indiana University Health’s new hospital, Old City Hall and Pan Am Plaza, are efforts that will take years to come to fruition, other developments will begin to see substantive movement in the new year.

Arena, city hall among Fishers projects expected to be completed in 2024

December 27, 2023 | Daniel Bradley

The city will have new places to stay overnight and watch a hockey game. Fishers city government will move into a new home, and so will an Italy-based manufacturer.

Human remains found at Eleven Park construction site

December 27, 2023 | Taylor Wooten

Developer Keystone Group has discovered “fragments of human remains” at the construction site, on property that was mostly occupied by the city’s first public cemetery in the 1800s.

Mark Cuban says changing NBA landscape led to sale of Mavs to casino families

December 27, 2023 | Associated Press

The high-profile billionaire, who graduated from Indiana University’s Kelley School of Business, will keep a 27% stake in the NBA franchise and maintain control of basketball operations.

Carmel to see flurry of completed real estate projects in 2024

December 28, 2023 | Daniel Bradley

Multiple new developments in Carmel are set to open in the coming months, adding to the city’s lineup of real estate projects that combine residential, business and retail spaces.

IBJ’s 10 most-read stories of 2023 include reports about ‘Good Bones,’ Circle Centre

December 29, 2023 | IBJ Staff

Two stories about Two Chicks and a Hammer—the company behind “Good Bones”—made the list: one about the house-flipping show ending after eight seasons and the other about the closing of its Bates-Hendricks shop.

Good Bones

2023 Newsmaker: Hogsett wins third term as Indy mayor

December 29, 2023 | Taylor Wooten

The Democratic incumbent beat a self-funded opponent in a reelection bid where he focused on the administration’s fiscal accomplishments and unfinished business leftover from the pandemic.

2023 Year in Review

December 29, 2023 | IBJ Staff

Here’s a month-by-month review of some of the biggest stories in 2023.

2023 Year in Review: City takes over Signia after Kite fails to secure financing

December 29, 2023 | Mickey Shuey

Indianapolis-based developer Kite Realty Group Trust handed reins to the project over to the city after the firm was unable to secure favorable enough interest rates on the private market to justify financing the hotel.

2023 Year in Review: Coffee concepts put jolt into food and beverage landscape

December 29, 2023 | Dave Lindquist

Coffee shops flowed into central Indiana this year, highlighted by 10 companies that launched new locations. Plus, there were a slew of restaurant openings and closings.

City hopes to start Union Station overpass rehabs this year, land new tenant for Grand Hall

January 2, 2024 | Mickey Shuey

Each street running below the overpasses—including adjacent stretches in the open air—would undergo improvements, to cut down on vehicle parking, increase pedestrian access and pay homage to historical and cultural milestones in the city’s history.

‘Bleisure’ travel giving short-term rentals like Airbnb a boost over hotels

January 3, 2024 | Associated Press

Some call it “ bleisure travel,” “laptop lugging,” “workations” or simply “blended travel.” Whatever it’s called, it could upend the traditional divide between leisure and business travel.

Develop Indy unveils plan for West Washington Street corridor

January 4, 2024 | Mickey Shuey

Develop Indy officials are in conversations with three developers for various parcels in the corridor.

Jobs report for December likely to conclude solid year of hiring

January 5, 2024 | Associated Press

The nation’s labor market, though cooling, is still cranking out enough jobs to keep the unemployment rate near historic lows.

IEDC, Indiana startups headed to CES show in Las Vegas

January 5, 2024 | Susan Orr

This will be the third straight year the Indiana Economic Development Corp. has attended the splashy CES tech trade show in Las Vegas. But this year, it will be bringing some special guests to provide first-hand accounts of the state’s startup-friendly culture.

Whitestown junkyard redevelopment proposal to face test

January 5, 2024 | Daniel Bradley

Developer Milhaus’ latest plan for the first phase of Maurer Commons details a $64 million mixed-use development with a 125-room hotel, a 228-unit apartment complex and 75 for-rent town houses. Residents want a more recreation-focused plan.

All-Star Weekend organizers promise fan-friendly vibes

January 5, 2024 | Susan Orr

Most of the 125,000-plus fans who are expected downtown for the NBA All-Star Weekend Feb. 15-18 won’t be at the big game. But local residents and others without game tickets will still have plenty of opportunities to get in on the action.

Mark Montieth: ‘A special guy’

January 5, 2024 | Mark Montieth

McGinnis, who died of heart failure on Dec. 14, was so prominent and prized that one tribute isn’t enough.

Stephen Goldsmith: Mall project is opportunity for downtown’s new start

January 12, 2024 | Stephen Goldsmith

The recent announcement by the city of Indianapolis and the equity owners of Circle Centre Mall that Hendricks Commercial Properties LLC, the developer of the successful Bottleworks District and Ironworks projects, will acquire and invest in the downtown mall is unequivocally good news.

Over-55 crowd fuels growing active-adult housing trend

January 12, 2024 | Daniel Bradley

Active-adult communities are rental properties that can include apartments, cottages or villas targeted toward seniors who do not require medical care and want recreational activities and chances to socialize with people in their peer group.

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