Developers for several downtown projects see advantages in reusing older buildings
Developers have started or are planning several projects that will convert office space into hotels.
Hotels
-
Longtime GM of JW Marriott Indianapolis handing over the keys
Phil Ray, whose tenure at the largest hotel in Indianapolis include hosting 26 college basketball teams during the pandemic, plans to end his 41-year career in the hospitality industry this spring.
Read More -
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.
Read More -
BBQ and seafood restaurant expected to open in downtown Hyatt Place/Hyatt House hotel
The Alcoholic Beverage Board of Marion County recently approved a license for the Kentucky-based restaurant, which will take over a space formerly occupied by Pier 48 Fish House & Oyster Bar.
Read More -
Republic Airways moving into $200M HQ in Carmel, expanding on-site hotel space
The added lodging will allow more pilots and flight attendants to participate in training exercises and create more room for corporate employees in town on business.
Read More
Articles
$75 million luxury hotel planned near Fishers Event Center
The 100,000-square-foot hotel is expected to have 125 guest rooms in total, plus four restaurants on the first floor and 14,000 square feet of indoor event space on the second floor.
Speedway set to take action on stalled hotel project, puts eminent domain back on table
A proposed resolution could mean eminent domain for the long-delayed development but prioritizes negotiations with the property’s owner, town officials told IBJ on Friday.
Hospitality startup has bold plans for motorsports-themed hotels in central Indiana
Russell Louderback, a former White Lodging executive and an adviser to the Signia hotel downtown, is advising the new company on the plans.
White Family Foundation’s $25M gift to support Purdue hospitality program expansion
Part of the funding will help expand the White Lodging-J.W. Marriott, Jr. School of Hospitality and Tourism Management program to Indianapolis.
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.
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.
IBJ Podcast: World Cup team could call Westfield home; plus, progress reports on downtown projects
IBJ’s Mickey Shuey discusses the logistics of being the home base for a World Cup team and what teams want. Plus, the lowdown on the push for a downtown Indy casino.
Photo gallery: IU, Ohio State fans begin arriving for Big Ten football championship
Ticket prices continue to rise for the football game, with resale tickets on Ticketmaster starting at about $750 apiece. Tickets on StubHub and other third-party ticket resale sites start at about $350 per ticket.
Simon family firm eyes Ritz-Carlton hotel for downtown development
The 170-room hotel would occupy the southwest corner of Georgia and Pennsylvania streets and feature a skywalk connector to the club level of Gainbridge Fieldhouse.
Local tourism officials seeing ‘off-the-hook’ interest in Big Ten Football Championship game
Downtown hotels are expected to be almost entirely sold out for both Friday and Saturday nights, and ticket prices for the game are soaring on the resale market.
Kimpton developer eyes late 2026 opening for $110M downtown hotel
The 18-story Kimpton has been in the works since late 2017, with its price tag almost doubling from the original $57 million planned investment.
Art gallery closing at Conrad Indianapolis after 13 years
In 2015 and 2016, Long-Sharp Gallery was listed as one of the world’s top 500 art galleries by Modern Painters magazine.
Meeting and Event Planning Guide: Downtown bars too good to miss (and in hotels)
From the Astrea rooftop bar at the InterContinental to Platt 99 at The Alexander, there are upscale bar hotels throughout the Mile Square that are worth a visit.
Meeting and Event Planning Guide: Signia project ‘in a good place’
Construction is about 50% completed, and nearly $503 million in contracts have been awarded.
Huse Culinary could temporarily move downtown restaurant during Circle Centre redevelopment
Hendricks Commercial Properties wants to build an upscale hotel where Harry & Izzy’s now operates as part of the planned $600 million redevelopment of Circle Centre over the next decade.
Photo gallery: Inside the $710M Signia hotel, convention center expansion project
Exterior construction on the 38-story Signia by Hilton hotel tower is expected to conclude by the end of September. The project as a whole is about 50% completed, with work on the interior just getting underway.
LIV golf event could bring near-record crowd to Westfield this weekend
A LIV spokesperson told IBJ that about 50,000 total spectators are anticipated for the Aug. 15-17 event at The Club at Chatham Hills.
Dean’s Steak & Seafood set to open first Indiana location in downtown hotel
The Dean’s Steakhouse restaurant chain has three other locations in North Carolina and Texas.