There was no shortage of huge news stories in central Indiana this year—with Roger Penske’s purchase of the Indianapolis Motor Speedway, the launching of the Red Line and the closing of trucking giant Celadon.
Developer, town of Speedway locked in fight over stalled Wilshaw hotel project
Correspondence obtained by IBJ between town officials and the developer reveal a tug of war over information on the hotel’s status and a disagreement over whether the company has violated a project agreement.Read More
Speedway officials seek remedy for delayed Wilshaw hotel project
Progress on the 126-room Wilshaw, at the southeast corner of Main and 16th streets, has been stalled since early July while Indianapolis-based developer Loftus Robinson awaits the release of its first loan installment to finance the project.Read More
Wine bar, bistro extends lease in Conrad, readies for renovation
To expedite the top-to-bottom transformation, owner Ross Bailey plans to close the 3,500-square-foot establishment in the Conrad Indianapolis’ lobby for at least six weeks.Read More
Ike & Jonesy’s to close as building owner develops boutique hotel
After a 36-year run, the owners of the downtown nightlife institution say it will close after its New Year’s Eve party and a “Last Hurrah Celebration.”Read More
The contest was only the second deemed to be a sellout by the Big Ten in the title game’s history. The other came in 2015 when Michigan State played Iowa in a battle that featured two teams ranked in the top five.
White Lodging pitched its plan last year for a complex including an event center, four hotels, an office building, condos, restaurants, a craft brewery and a 30,000-square-foot horse-riding arena.
The three hotels at the intersection of Interstates 70 and 465 have nearly 500 rooms between them. The largest, a Marriott that serves as an overflow hotel for big downtown events, is slated for a renovation that could run between $10 million and $20 million.
Visit Indy, which isn’t involved in the Pan Am negotiations, is in “somewhat of a holding pattern until we have the exact details finalized and presented to us,” Vice President Chris Gahl said.
The IHPC voted unanimously to green-light construction plans for converting the King Cole building into a hotel, along with a new penthouse on the roof of the 11-story building suited for a restaurant or bar.
The Bruce and Beth White Family Foundation’s gift is expected to bring operational and academic support directly to 10 elementary and high schools in the Diocese of Gary, benefiting about 3,300 students.
If all of the plans move forward, downtown would see an unprecedented deluge of new rooms. But developers and lenders are fretting over whether the market can support them.
A 206-room, dual-branded hotel planned for a downtown parking lot won approval Wednesday night from the Indianapolis Historic Preservation Commission.
Indy Propco LLC, which has owned the 11-story building at 1 N. Meridian St. since January, wants to turn the property into a Motto by Hilton that would have at least 116 rooms, according to plans recently filed with the Indianapolis Historic Preservation Commission.
When a flight delay caused a late check in or a business meeting ran overtime, the on-site eatery at your hotel was the meal of last resort—and was nearly always approached with low expectations. That may still be the case in some areas, but it certainly isn’t in downtown Indianapolis.
A 148-room Cambria hotel is planned for South Meridian Street, less than one year after a local developer scrapped plans for a hotel near the same location with the same brand.
Plans for the development include a 220-room hotel and 32 residential units. The addition would boost the existing historic building from four to 26 stories.
A local investment group plans to spend $9 million to $10 million to construct the four-story hotel at 324 Wilkins St. If approved, the development would bring a new, fast-growing midscale hotel brand to Indianapolis.
The move follows a similar announcement last month by IHG, which owns Holiday Inn, Kimpton and other brands. IHG said it will eliminate about 200 million tiny bottles each year by 2021.
Dora Hospitality Group is teaming with the owner of Shapiro’s Delicatessen to build the hotel at Meridian and Sycamore streets. The project will bring a new IHG hotel brand to Indianapolis.
Construction of a ritzy hotel in one of downtown’s oldest towers is expected to start by the end of the year, now that the property’s owner has received approvals for changes to the building from historic preservation officials.