Amy Waggoner: EED is needed to keep downtown Indy vibrant
We [at Salesforce] understand the unique challenges facing downtown urban centers like the Mile Square, including cleanliness and security.
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Las Vegas concept that exited Broad Ripple plans to take over former Hard Rock Cafe location
Tanya Davis plans to open a new version of Vegas Lounge & Bar on the first floor of the historic Morrison Opera Place building at 47-49 S. Meridian St.
City committee checks box on downtown taxing district for soccer stadium
As approved by the Metropolitan and Economic Development Committee, the district would collect various taxes to cover a portion of the cost for the stadium at the proposed Eleven Park development. The City-County Council now must weigh in.
Committee advances proposal for Mile Square district imposing fees on property owners
The City-County Council Metropolitan and Economic Development Committee heard testimony from over a dozen downtown residents and representatives of prominent companies before passing the proposal, 8-3.
Indianapolis officials prepare for $751.6M in bond sales for Signia hotel, convention center projects
The all-in cost for the redevelopment of Pan Am Plaza is now expected to be $751.6 million. The bond sales to cover much of that cost—creating significant long-term debt for the city—are expected to take place this week.
Starbucks to launch store in Mile Square after leaving Monument Circle
The coffee shop is among several improvements planned for the 11-story office building that is headquarters to Kite Realty Group.
Old City Hall development is ‘huge opportunity,’ although designs remain in their infancy
Early plans for the $150 million project, known for now as the “Alabama Redevelopment,” call for a 387-foot glass tower containing 190 apartments, 24 condominiums, 150 hotel rooms and 8,000 square feet of retail and hospitality space.
Three historic buildings near Monument Circle sold to Chicago-area firm
The connected buildings contain 161,500 square feet of office space, which is all leased to the Indiana Department of Health.
UPDATE: Indianapolis to move about 550 employees to City-County Building
The three-phased move is intended to create a dense grouping of professionals in the core of downtown and save taxpayer dollars, the city said Monday.
Downtown Indy tracks attendance at Monument Circle park through cellphones
The group has used Placer.ai, an artificial-intelligence-based software system that partners with a wide range of mobile apps companies to measure movement using anonymous phone-tracking software.
Bila Solar seeks tax break on $36M in equipment for HQ, production facility
The tax abatement would save the company about $1.92 million in personal property taxes over eight years—about 66.3% of the total in taxes owed.
City drops plan to redevelop City-County Building
The city will work through 2024 to consolidate into its most prominent piece of real estate offices that are now scattered around downtown, including those of the Department of Public Works and the Department of Business and Neighborhood Services.
Downtown office space at crossroads, local broker says
John Robinson, managing director for the Indianapolis division of Chicago-based JLL, said during an IBJ panel discussion Friday that he expects at least three of downtown’s 10 major office towers to go through foreclosure or take big losses in a sale over the next few years.
Apartments planned for former bar site near Lucas Oil Stadium
A Greenfield-based developer plans to demolish the former Stadium Tavern to make way for a four-story apartment building.
Projects spur renaissance of North Mass, once considered eyesore of city’s past
In the past decade, the area has grown into one of the region’s hot spots, in part because a handful of developers is embracing the area’s industrial roots.
After building sale, 500 Festival planning to leave downtown HQ for North Mass corridor
The not-for-profit group that organizes events celebrating the Indy 500 sold its headquarters building in November, in part to tighten its focus on operations and away from property management.
Upscale steakhouse chain planning downtown Indy entry
Houston-based Landry’s Inc. plans to open a Del Frisco’s Double Eagle Steak House in a space in downtown’s core that has housed several upscale eateries.
City deploys clinicians, specialists to deal with downtown mental health crises
Under a pilot program started this month, individuals in distress in downtown Indianapolis have been able to call 911 to receive assistance from the Clinician Led Community Response team.
Local Imax just one of 30 that can show ‘Oppenheimer’ as director intended
Unlike the digital projection of many movies today, “Oppenheimer” at the museum will be shown from actual 70mm Imax film.
Pedestrian-only section of Circle to open Saturday through Nov. 2
The Monument Circle quadrant outside of the Emmis Corp. headquarters and South Bend Chocolate Co. will serve as a pedestrian-only experience in the heart of downtown Indianapolis.