Hotels – Indianapolis Business Journal

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Keystone to spend at least $100M on acquisition, renovation of downtown Sheraton

June 4, 2026

The Indianapolis-based developer plans to convert the property near Monument Circle to a Renaissance, an upscale hotel brand owned by Marriott International.

3Comments

City seeking new bids for redevelopment of Old City Hall

May 29, 2026

Mickey Shuey

The call for bids comes after IBJ first reported on April 13 that the city had exited its partnership with TWG Development LLC.

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Long-awaited downtown Indy hotel for budget-conscious travelers now under construction

May 26, 2026 |

Mickey Shuey

The original price tag has more than doubled from the original $10 million, attributable both to a larger project — it will have 35 more rooms than originally planned — and changes in the commercial lending environment.

Q&A with Schahet Hotels CEO Jeffrey Brown about collaboration with Ball State

May 22, 2026 |

Dave Lindquist

Brown spoke with IBJ about adding signature touches to The Cantio in Muncie and how Schahet adheres to its core values.

Keystone Group buys downtown Sheraton hotel with plans for overhaul, rebranding

May 22, 2026 |

Mickey Shuey

The 378-room hotel near Monument Circle is expected to take on an upscale brand owned by Maryland-based hotelier Marriott, as part of a substantial facelift for the property.

Taylor University, Upland to break ground on $35M development with boutique hotel

April 24, 2026 | Alex Brown, Inside INdiana Business

Indianapolis-based General Hotels Corp. will manage the hotel, which will be the first in Upland.

Old City Hall project scrapped after city tires of waiting

April 17, 2026 |

Mickey Shuey

The city of Indianapolis is going back to the drawing board — again — on its efforts to revitalize Old City Hall after walking away from a long-stalled deal.

Developers for several downtown projects see advantages in reusing older buildings

April 10, 2026 | Tom Murphy / Special to IBJ

Developers have started or are planning several projects that will convert office space into hotels.

$75 million luxury hotel planned near Fishers Event Center

April 2, 2026 | Elissa Maudlin

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

March 27, 2026 |

Mickey Shuey

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

March 24, 2026 | Daniel Bradley

Russell Louderback, a former White Lodging executive and an adviser to the Signia hotel downtown, is advising the new company on the plans.

Longtime GM of JW Marriott Indianapolis handing over the keys

March 18, 2026 | IBJ Staff

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.

Circle Tower acquired en route to AC by Marriott hotel conversion

February 24, 2026 | Taylor Wooten

The revamp of the historic, Art Deco building likely will begin by August, with completion set for 2027.

White Family Foundation’s $25M gift to support Purdue hospitality program expansion

February 17, 2026 | Alex Brown, Inside INdiana Business

Part of the funding will help expand the White Lodging-J.W. Marriott, Jr. School of Hospitality and Tourism Management program to Indianapolis.

BBQ and seafood restaurant expected to open in downtown Hyatt Place/Hyatt House hotel

February 11, 2026 |

Dave Lindquist

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.

Republic Airways moving into $200M HQ in Carmel, expanding on-site hotel space

February 3, 2026 |

Mickey Shuey

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.

Monon 30 developer says upscale Hyatt coming to lagging mixed-use project

January 23, 2026 | Taylor Wooten

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

January 9, 2026 |

Mickey Shuey

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

January 7, 2026 |

Mickey Shuey

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

December 22, 2025 |

Mason King

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

December 5, 2025 |

Mickey Shuey

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

December 4, 2025 |

Mickey Shuey

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.

JUNE 12-18, 2026

Digital Edition

Orr Fellowship sees success in Evansville expansion

Susan Orr

Grand Park Sports Campus adds NFL flag football youth event

Mickey Shuey

Q&A: CEO leads OrthoIndy through period of growth

Daniel Bradley

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