Community executives said the investment and projects, which will begin this fall and extend over several years, prove their long-term commitment to the east side of the city.
A Hamilton County agency sees its ad dollars pay off, French Lick Resort unveils a $20 million expansion, winter diving championships are coming to Indy, and Hendricks County tourism grants no longer require matching dollars.
BHI Senior Living, an Indianapolis not-for-profit that’s spent more than half a century serving retirees, could be poised to go from incremental to exponential growth—all thanks to the aging of the baby boom generation.
A spate of large real estate projects in the pipeline for downtown is providing a shot in the arm for a local construction industry still rebounding from the recession.
The area surrounding Methodist Hospital at Capitol Avenue and West 16th Street could be ripe for much-needed redevelopment following Indiana University Health’s announcement that it will spend $1 billion to expand the campus.
Indianapolis Business Journal gathered leaders in the state’s commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 10.
The company said the 10 dismissals were for performance and reallocation reasons and not due to any financial issues at the Carmel-based company, which still has aggressive expansion plans.
More than $235 million worth of development is anticipated or already under construction along the roadway through Carmel and Westfield—and that doesn’t include a handful of the projects with undisclosed costs.
Work on the four-story, 99-room Fairfield Inn could begin this fall near the 106th Street exit under construction along Interstate 69. It is expected to cost $8 million.
The annual report of the city’s Capital Improvement Board shows the number of events at the Indiana Convention Center and Lucas Oil Stadium—and the total attendance for those events—fell sharply from 2014 to 2015.
The closure of a handful of hotels across the city has essentially wiped out the gains made when the JW Marriott opened with its 1,005 rooms. Now Visit Indy and the city’s Capital Improvement Board are studying whether the city needs more rooms and more convention center space.
Despite several attempts to break into industry over almost a decade, the company has struggled to entice shoppers en masse to buy eggs, steaks and berries online the same way they’ve flocked to buy books, tablets and toys.
City officials are scrapping plans to help finance construction of a long-awaited 21c hotel proposed as part of a $55 million redevelopment of Old City Hall and are putting the property back up for bid.
Robert Manuel has become highly educated in real estate development since arriving almost five years ago as president of the University of Indianapolis.
Hendricks Regional Health’s new Brownsburg hospital is only the latest in Indiana’s second-fastest-growing county, where almost non-stop development is pushing demand for health care.
The Plainfield facility is the third of eight “neighborhood hospitals” St. Vincent plans to open in central Indiana as health systems try to stitch up the expanding Hendricks market.
It will be smaller and sleeker and—if all goes according to plan—might actually make money, rather than ending each year in the red or barely breaking even.
