Coffee-to-cocktails concept taking over Broad Ripple Starbucks location
The move by Thieves, a bar that’s operated since 2020 at 915 Broad Ripple Ave., means doubling its space, broadening its menu and expanding its hours of operations.
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Hyatt Place, Bar Louie planned for Intech Park in $15M office building overhaul
While the exterior of the Intech Two building will remain largely the same, Indianapolis-based Ghoman Group plans to gut the interior to create a 140-unit hotel accompanied by a restaurant and conference center.
IBJ Podcast: Pete the Planner on the Social Security cliff and potential for benefit cuts
In 10 years, Social Security won’t have enough money to satisfy all obligations to retirees. The latest projections show benefits dropping by 17%.
Sports entertainment firm Cosm eyeing downtown Indy for venue, sources say
Cosm venues, which have been described as a cross between a traditional sports bar, the Sphere in Las Vegas and an Imax movie theater, already are operating in Los Angeles and Dallas.
IBJ Podcast: Former NBA exec on joining Pacers’ parent firm, Caitlin Clark’s potential, deal with Kevin Hart company
Joey Graziano also dishes on preparations for WNBA All-Star Weekend In indy and how the Pacers organization views several new projects by Gainbridge Fieldhouse as part of an overarching strategy.
Trump moves to gut several agencies focused on museums, libraries, Voice of America
One order signed Friday night calls for the agencies—some of which are focused on minority business enterprises, museum and library services, and homelessness prevention—to “be eliminated to the maximum extent consistent with applicable law.”
IBJ Podcast: Tech founder on building teams, loving pivots, fostering startup hustle in high schools
Scott Lingle, the co-founder of fast-growing Remodel Health, took a big leap at an age when most folks are getting more conservative. Now he’s helping hundreds of local high schoolers learn to launch businesses.
Overhaul of downtown office complex to bring another new hotel brand to Indy
In addition to Marriott’s Moxy, the owners of downtown’s fourth-largest office complex also have secured a deal for a Bar Louie restaurant on the ground floor.
IBJ Podcast: Third-gen Indy hotelier on industry ups and downs, $43M Ball State project
Greg Schahet shares financial war stories from moments in the last three decades when it seemed like the hotel industry had turned upside-down.
City staffers seek more details on contentious Devington Plaza revamp, recommend denial of rezoning
The company’s current proposal calls for a two-phase, $100 million overhaul including more than 500 apartments, 35,000 square feet of retail and restaurant space, townhouses and a hotel.
IBJ Podcast: Marsh Davis on a career saving Indiana landmarks, bringing right people to the table
The outgoing president of Indiana Landmarks discusses the value of historic preservation, its influence on Indianapolis, the projects that stand out over four decades and the one that got away.
Hendricks fine-tuning plans for $300M first phase of Circle Centre revamp
The developer behind the planned overhaul of Circle Centre Mall could start construction work on the $600 million project by the end of this year.
IBJ Podcast: The risks tariffs pose to Indiana’s manufacturing-heavy economy
President Trump wasted little time turning to economic policy once his second term began, imposing or threatening to impose a barrage of tariffs on many of Indiana’s trading partners.
Simons’ downtown hotel, entertainment project gets green light for forgivable $25M city loan
Specific details for the loan, which could be forgiven if the Simon family’s development affiliate meets certain terms, are expected to be finalized in coming months.
IBJ Podcast: With billions at stake, hyperscale data centers become charged issue in Indiana
The sudden surge in announced centers—representing more than $15 billion in potential investment—has generated a lot of concern about their drain on Indiana utilities and, in some cases, their water-intensive cooling systems.
City keeping redevelopment options open for remainder of Jail I site
Regardless of who ultimately develops the 1-acre eastern half of the city-owned Jail I site at 40 S. Alabama St., city officials view it as “incredibly important” that the project support further development on the east side of downtown.
IBJ Podcast: A preschool, a church, a pickleball palace—tracking the transformations of Indy’s vacant Marsh stores
Longtime Indianapolis retail real estate broker Bill French and podcast host Mason King share detailed records on how many former Marsh spaces have been recast, revamped or replaced.
Developer considering apartments at Irvington Plaza, but community leaders want ‘clarity’ on plans
California-based Tallen Capital Partners LLC, which has the property in the 6200 block of East Washington Street under contract for an undisclosed price, hopes to rezone nearly 7 acres for mixed-use development.
IBJ Podcast: The latest on downtown soccer stadium, $78M Fever facility and Simon hotel/concert venue
The Indiana Fever Sports Performance Center has joined the roster of projects announced for the southeast quadrant of the Mile Square, which includes the prospective site of a Major League Soccer stadium.
Downtown hotel to debut in historic building after 6-year overhaul
IBJ first reported on plans for the project in August 2018, when Columbus, Indiana-based firm Everwood Hospitality Partners said it would spend $15 million to transform the vacant 133-year-old property.