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Council committee advances plans for city-owned $510M Pan Am Plaza hotel

May 16, 2023 | Mickey Shuey

Representatives for Indianapolis Mayor Joe Hogsett said a feasibility study is expected to be completed before a full City-County Council vote set for June 5.

TIF district could spur more development near emerging hospital campus

May 5, 2023 | Mickey Shuey

The city is trying to capitalize on construction of Indiana University’s $4.3 billion Methodist Hospital complex and other projects underway or in development on the north side of downtown.

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.

Developer planning townhouses, duplexes along 146th Street in Carmel

April 6, 2023 | Daniel Bradley

Farmington Hills, Michigan-based Schafer Development LLC is seeking city approval to rezone the land. Pulte Homes of Indiana LLC would be the builder for the 14-acre development.

Boy Scouts’ $2.4 billion bankruptcy plan upheld by judge

March 28, 2023 | Associated Press

The plan would let the organization keep operating while it compensates tens of thousands of men who say they were sexually abused as children while involved in Scouting.

IBJ Podcast: Are apartments the future of downtown Indianapolis?

March 20, 2023

Joining the podcast this week are apartment market specialist George Tikijian, real estate developer Eric Gershman and Deputy Mayor Scarlett Andrews.

Indy saw uptick in economic growth for marginalized groups

March 17, 2023 | Peter Blanchard

The 2023 Metro Monitor report from the Brookings Institute showed that in terms of inclusive economic growth Indiana rose from 101st out of 192 metro areas in 2019 to 24th in 2021.

‘Dilbert,’ Scott Adams lose distributor over racist remarks

February 27, 2023 | Associated Press

Dozens of newspapers have said they would cease to publish “Dilbert.” The strip, which lampoons office culture, first appeared in 1989.

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.

City seeks developer input on former Oaktree Apartments site

December 14, 2022 | Taylor Wooten

The city is seeking input from developers on how to revitalize the former site of a long-troubled apartment complex on the far-east side of Indianapolis, officials announced Wednesday.

Council committee OKs $16M in TIF funding under new policy

December 13, 2022 | Taylor Wooten

The redevelopment of the former Broad Ripple Kroger and the Fountain Square White Castle could be the first residential projects to receive tax-increment financing from the city without including affordable housing units.

MDC approves $25M in extra funding for Pan Am Plaza redevelopment

December 7, 2022 | Mickey Shuey

The approval allocates $25 million from the city’s downtown tax-increment financing district to pay for the acquisition of the basement level of the project from developer Kite Realty Group Trust, which plans to build an 800-room hotel and an addition to the Indiana Convention Center.

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People

Timothy O'Bryan

Articles

Council committee advances plans for city-owned $510M Pan Am Plaza hotel

TIF district could spur more development near emerging hospital campus

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

City looks to reduce surface lots while leaving room for commuters

Developer planning townhouses, duplexes along 146th Street in Carmel

Boy Scouts’ $2.4 billion bankruptcy plan upheld by judge

IBJ Podcast: Are apartments the future of downtown Indianapolis?

Indy saw uptick in economic growth for marginalized groups

‘Dilbert,’ Scott Adams lose distributor over racist remarks

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

Council committee OKs $18.8M in TIF bonds for City Market East

City seeks developer input on former Oaktree Apartments site

Council committee OKs $16M in TIF funding under new policy

New Stutz owner planning hundreds of apartments by downtown campus

MDC approves $25M in extra funding for Pan Am Plaza redevelopment

Hogsett appoints city’s first chief diversity officer, reorganizes cabinet

Lesley Weidenbener: Storytelling defines columnist Mike Lopresti’s career

Sportsbooks say you can win big. Then they try to limit winners.

Industrial, home developers plan joint project by southwest-side neighborhood

Council committee OKs $15.5 in TIF bonds for Cole Motor Redevelopment