Convention industry swells, but future hinges on Pan Am development
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.Read More
Hotel plan for King Cole Building gets go-ahead from IHPC
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.Read More
With 17 hotels in downtown pipeline, experts doubt they’ll all make it
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.Read More
Plans for downtown dual-brand hotel approved by IHPC
A 206-room, dual-branded hotel planned for a downtown parking lot won approval Wednesday night from the Indianapolis Historic Preservation Commission.Read More
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.
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.
The lawsuit says the men reached an oral agreement in late May 2017 to split the anticipated $1 million development fee evenly, four ways.
Merrillville-based White Lodging and Indianapolis-based REI plan to construct a seven-story, 206-room hotel after putting it on hold earlier this year over concerns about the Pan Am Plaza development.
Plans to open a West Elm hotel in the Bottleworks District have been scrapped, but the developer says it still intends to include a hotel in the massive redevelopment project on Mass Ave.
Ongoing disagreement between the city of Indianapolis and a group of downtown hotel owners has prompted city leaders to officially postpone construction of one of the two convention hotels planned for Pan Am Plaza.
The 47-year-old told IBJ he hopes to make the most of what he learned in Germany—where he grew up and got his start in hospitality—as well as in Dublin, Phoenix and Virginia, with hopes of adding some authentic German flair to the hotel’s specialty menus.
While the city and Kite Realty Group discuss a slower development timetable for the massive hospitality project, White Lodging said it is holding off on plans for another downtown hotel “until we figure out what’s going on at Pan Am Plaza.”
The Indianapolis City-County Council on Monday overwhelmingly approved proposals to help fund the Capital Improvement Board’s long-term strategic plan, including chipping in $270 million to help fund a massive overhaul of Bankers Life Fieldhouse.