9 downtown projects that should (mostly) be ready for the city’s next Final Four events
Fans could have new places to stay and new things to see when the NCAA brings its marquee basketball championships back to Indianapolis in 2028 and 2029.
Commercial Real Estate
Direct Connect moves headquarters to historic Gibson Building
The logistics firm took occupancy of 25,000 square feet in the building on April 1 after subleasing space in Circle Centre Mall since 2022.
Restaurant, entertainment venue proposed for Whitestown
Plans for the development, estimated to cost about $3.5 million, include a 4,000-square-foot restaurant and entertainment spaces featuring duckpin bowling and golf simulators.
Franklin distillery owner views bigger location with full restaurant as tourist destination
Haberdasher Artisan Distillery will take over the former location of Richard’s Brick Oven Pizza on South Main Street in Franklin.
BSA LifeStructures grows by keeping focus on strengths
CEO Tim Spence says the design firm does not stray from its core industries of health care, higher education and scientific research. In BSA lingo, that’s healing, learning and discovery.
Indy commission approves data center in Martindale-Brightwood
The startup plans to spend $500 million to build a data center on a 13.68-acre parcel at 2505 Sherman Drive.
New building proposed in Meridian-Kessler by owners of neighboring Twenty Tap
The project would bring an entirely new structure to the roughly quarter-acre site, most recently home to Airmaster Heating and Cooling.
Credit union selling former south-side HQ property
Indiana Members Credit Union, which moved its headquarters to Bottleworks District earlier this year, is selling a portion of its former south-side campus on Madison Avenue.
Sheridan adventure park inks partnership with Westfield’s Droplight Grand Park
Skylake is scheduled to open this summer, starting with its water attractions that include a 6-acre manmade lake, water slides, cabanas and a floating obstacle course. Other components like its high ropes course and a year-round tubing hill are expected to roll out later.
Culver’s to open first downtown Indianapolis location
This Culver’s will be a rarity for the Wisconsin-based chain because it won’t be in a stand-alone building and it won’t offer drive-thru service.
New state law prevents city from fining violators of utility reporting ordinance
Under a new state law, Indianapolis will not be allowed to fine building owners for failing to report utility data as part of a sustainability-focused initiative.
Buckingham planning four-floor, $11M office building across from Central Library
Rdoor Housing Corp. is expected to be the primary tenant for the structure at 817 N. Pennsylvania St., which also would have a street-level bank branch.
Proposed $10.5B deal would create national self-storage giant
The deal, if approved, would combine the largest and the fourth-largest U.S. self-storage companies by market capitalization.
IndyGo Blue Line vision clashes with entrenched land uses on West Washington Street
A transit-oriented zoning overlay designation seeks to limit car-focused uses along the corridor, but the street is crowded with used car lots, auto repair shops and tire stores.
Cincinnati-based Messer Construction is focused on steady growth in Indy
Indianapolis is home to the construction management and general contracting firm’s second-largest office, after its corporate headquarters in Cincinnati.
Simon family company sues former nightclub owner for failing to remove property after lease default
Revel Bar Indy LLC, which owns Invy Nightclub, was a tenant of the building’s previous owner, according to court records, but its lease ended July 20, 2025.
Restaurant takes over Fountain Square spot known for Pioneer, Deano’s Vino
The owner of Bovaconti coffee shops is partnering with the former director of operations for bygone Carmel restaurant Tre to open a new Italian restaurant.
Decatur Township data center receives initial OK despite neighbors’ protests
An Indianapolis planning official on Thursday recommended approval for a zoning modification that would allow developers to proceed with the 250-megawatt, two-building facility on a 130-acre site
Hotel Tango sells its tasting room, event center businesses
The majority owners of Mooresville-based Black Dog Brewing Co. purchased Hotel Tango’s locations in Fletcher Place.
Circle Tower acquired en route to AC by Marriott hotel conversion
The revamp of the historic, Art Deco building likely will begin by August, with completion set for 2027.