As vendor contracts expire at Indianapolis International Airport—and a slew of them lapse at the end of 2018, a decade after the terminal’s opening—officials are embarking on a project to freshen up the offerings.
The airport will sell 132 acres to the city of Indianapolis in phases over the next several years. In turn, the city will sell the property to Infosys for pennies so it can create a $245 million training campus.
Airport officials awarded a contract to an engineering company that will prepare retail spaces for new tenants as existing operators depart. Forty of the 53 retail concessionaires at the airport will see their leases expire Dec. 31.
A Detroit-based hotel operator alleges the authority and the tech company colluded to wrongfully terminate its lease at a 257-room hotel at the airport to make room for Infosys' high-profile innovation hub development.
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city's west side.
With conditions ripe for attracting an airline offering service to a destination such as London or Paris, officials with the Indianapolis International Airport have hired the Indy Chamber to help lay the groundwork.