Retail developer, philanthropist Sidney Eskenazi dies at 95
Eskenazi built one of the largest private retail development firms in the nation and became one of central Indiana’s most generous philanthropists.
Development/Redevelopment
Articles
SkyLake Adventures teams with Butler Institute for Sports and Entertainment
Under the partnership, Butler University students will receive real-life experience in hospitality and entertainment, and real-life experiences and practical skills in marketing, social media and communications.
Justus Cos. opens $7.3M headquarters in Noblesville
The Justus Cos., a 116-year-old real estate development and management firm, began moving into the 20,000-square-foot building this month.
Monon 30 developer says upscale Hyatt coming to lagging mixed-use project
This week, the Indianapolis Metropolitan Development Commission approved a rezoning request for the property at 1360 E. 30th St.
Ritz-Carlton development would add to Indy’s growing roster of luxury hotel offerings
Projected to open in 2028, the 170-room Ritz-Carlton is expected to be one of the most upscale hotels in central Indiana, along with the InterContinental Indianapolis and the Conrad Indianapolis.
Simons expand property holdings near Gainbridge Fieldhouse
Led by investments at and around Gainbridge Fieldhouse, Herb Simon and his family have spent over $26 million the past two years buying more than a half-dozen downtown properties.
Pharmaceutical company planning to employ 300 workers in Greenfield
The plant will focus on serving health care companies by developing and commercializing medical devices, drug delivery systems and combination products.
Ritz-Carlton confirmed as part of Simon family’s $400M CSX redevelopment
Boxcar Development, an investment group for the Simon family, will formally break ground on the project Wednesday, although site work—including demolition of the former CSX railroad building—began in mid-2024.
Cunningham plans two-story restaurant concept in Fishers District
Developer Thompson Thrift announced several new leases for restaurants in The Union at Fishers District on Tuesday.
Westfield unveils blueprint for downtown redevelopment
Westfield leaders want the city’s downtown to be more than a place to drive through on State Road 32, so they are setting the stage to make it a destination.
5 downtown Indianapolis development projects to watch in 2026
Several downtown development projects are in their infancy or just getting started. IBJ takes a look at a handful that could draw buzz throughout 2026.
Amid stadium search, Chicago Bears conduct testing in northwest Indiana
Reports this week say the Bears sent a team of trucks and drilling equipment to a location not far off the Indiana Toll Road to conduct site testing.
INCOG BioPharma investing additional $200M to expand Fishers campus
INCOG, which now employs just more than 400 people in Fishers, plans to have nearly 1,000 people working at its 21-acre campus by 2030.
Hendricks unveils new name for Circle Centre ahead of $600M overhaul
The planned $600 million redevelopment of Circle Centre Mall has been rebranded by its Wisconsin-based developer in honor of the city’s history as an interurban hotspot.
Walmart plans Supercenter in Ingalls amid town’s development spree
Town planners expect the store to attract shoppers from surrounding communities, including Fishers, Fortville , Lapel and Pendleton.
NextEra raises bet on AI with Google, Meta and gas deals
The flurry of announcements underscores the energy industry’s intensifying focus on technology companies’ data centers.
City taps new firm for Indiana Avenue strategy
A year after a $450,000 contract intended to help shape development for historic Indiana Avenue expired with no published results or recommendations, the city of Indianapolis has hired a new contractor.
UPDATE: Metropolitan Development Commission approves east-side Wawa project
Convenience store chain Wawa has the go-ahead to build a location along IndyGo’s future Blue Line route after receiving a variance of development standards for the proposed project.
Chicken N Pickle calls off plans for Fishers location
The chain announced plans in 2023 to open an indoor/outdoor entertainment complex with a restaurant, sports bar and pickleball courts in Fishers District.
Downtown post office property once again stirs what-ifs
For 20 years, every mayoral administration has explored taking over or facilitating the sale of the post office directly east of Lucas Oil Stadium—with each attempt failing to gain traction.