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Planned 800-room convention center hotel would carry ritzy, new Hilton flag

February 22, 2019

Hilton selected Indianapolis as one of three markets for its new Signia line. The hotel is a key component of efforts to beef up downtown’s capacity to host large events and conventions.

City sports, tourism board could reap extra $15M annually under amended bill

February 21, 2019

A change made to legislation designed to boost funding for the Capital Improvement Board means the quasi-governmental agency could see an additional $15 million in tax funds annually—nearly double what was initially proposed.

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.

Conner Prairie, Ritz Charles plan event venue on White River

May 3, 2018

Conner Prairie is teaming with Carmel-based hospitality company Ritz Charles on a $3 million project that will renovate the historic Chinese House at the Fishers living history museum and add an event venue along the White River.

Conner Prairie Bluffs event venue Ritz Catering

Transforming Methodist: IU Health figuring out what to demolish, save

April 4, 2018

By the end of the year, officials expect to unveil its master plan to remake the state’s largest hospital—currently an amalgamation of ancient health care amenities and modern facilities.

New Community East is big bet as industry revenues slow

February 14, 2018

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.

UIndy president makes headway on plan to lift neighborhood

April 20, 2017

Robert Manuel has become highly educated in real estate development since arriving almost five years ago as president of the University of Indianapolis.

City gives up on stalled 21c hotel, will seek new proposals

March 24, 2017

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.

Amazon struggles to find strategy that works in $800B grocery market

March 20, 2017

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 studies need for more hotels after losing 1,000+ rooms

August 18, 2016

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.

New report exposes Indy convention soft spots

July 14, 2016

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.

Hotel proposed for new I-69 interchange in Fishers

June 30, 2016

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.

Mainstreet Property Group cuts 7 percent of workforce

April 4, 2016

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.

10 things to expect in the northern suburbs in 2016

December 30, 2015

We revisited the year’s top news stories in the suburbs on Wednesday, so now let’s look at what you should expect to see in 2016.

$1B Methodist plan could spur neighborhood rebirth

April 30, 2015

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.

Carmel’s TIF districts exceed assessed-value projections

April 29, 2015

Carmel’s tax increment financing districts have $32 million more in assessed value than projected about a year ago.

Not-for-profit developer BHI gears up to house flood of baby boomers

February 5, 2015

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.

Indiana has too many nursing homes

August 28, 2014

Indiana has 58 percent more nursing homes per resident and spends an extra $1 billion per year on care in nursing homes than the average for the rest of the country.

INDIANA 100: Mainstreet tops fastest-growing companies list

June 20, 2014

Nursing home developer Mainstreet is the fastest-growing private company in the Indianapolis area.

Bold developer stirs up nursing-home business

March 20, 2014

Zeke Turner, the 36-year-old CEO of Mainstreet Property Group LLC—who frequently sports a boyish grin and a bold-colored dress shirt, but rarely dons a tie—said he’s “just getting started” in transforming the staid nursing home industry.

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