The city on Wednesday turned in a 900-page bid to host the 2018 Super Bowl that mentions the possibility of two new downtown hotels. Meanwhile, a Colts official said owner Jim Irsay plans to help lobby for the city’s bid at the May 19-21 NFL owners meeting.
With less than two weeks to go, the 38th 500 Festival Mini Marathon might not have a full field for the first time in 12 years.
The Fishers-based company lost the Comfort Suites City Centre near Lucas Oil Stadium in a bankruptcy reorganization filed by one of its affiliates, which owed a creditor about $12 million.
Demand for tickets and local hotel rooms spiked once it became clear that Kentucky and Louisville would meet in the Sweet Sixteen at Lucas Oil Stadium this weekend.
The latest plan to redevelop Pan Am Plaza calls for two hotels, residential units and restaurants spread across two towers as tall as 20 stories each, sources familiar with the details told IBJ.
Merrillville-based White Lodging Services Corp. said the suspected breach affected credit cards used at hotel restaurants and lounges at 14 properties it manages, including the Marriott Indianapolis Downtown.
St. Louis-based Drury Hotels is proposing to build a 10-story, 304-room hotel and stand-alone restaurant on undeveloped property at the northeast corner of Meridian and 96th streets in Carmel. Construction could begin this spring.
The battle on Saturday between Ohio State and Michigan State, plus ESPN broadcasts and special events downtown, are expected to have a $15 million economic impact on Indy. That’s a vast improvement over the 2012 championship.
Reeling from the recession, Bharat Patel hopes to protect the hotels from foreclosure. Their lender is owed as much as $120 million, according to court filings.
The four-star establishment plans to overhaul all 13 floors and 573 guest rooms, beginning in November, as its competitors trigger similar upgrades.
Indianapolis lacks a five-star hotel, a fact some hospitality experts think could hurt the city’s chances of landing the 2018 Super Bowl. But there’s no consensus on whether the city should go more upscale.
A ceremony was held Monday to mark the start of a $15.5 million expansion of the events center at the French Lick Resort in southern Indiana.
Indy joins Minneapolis and New Orleans as the three NFL cities invited to bid on the big game. The 2012 Super Bowl had a $176 million direct economic impact on the city, a study said.
In eight years with the Hamilton County Convention and Visitors Bureau, Executive Director Brenda Myers has morphed her organization into a developer, grant giver and landlord. The strategy appears to be working.
The historic downtown hotel’s new owner says the $9.5 million revamp and affiliation with an international brand are needed to compete with new high-end hotels in the Indy area.
Indianapolis officials hope to include plans for a new downtown luxury hotel in their bid for the 2018 Super Bowl, but they’re not sure all the pieces for a deal—potentially on Pan Am Plaza—can be put together before a bid presentation for 32 NFL owners in May.
Local businessman Turner Woodard had owned the upscale downtown hotel since 2010. Terms of the deal with Columbus, Ohio-based RockBridge Capital LLC, a hotel investment firm, were not disclosed.
The surprising growth corresponds with the recent expansion of the Indiana Convention Center, and an explosion in the popularity of The Food Network and chef-centric programming. But don’t expect to make a mint.
Downtown hoteliers are expecting a sellout this weekend, and ticket brokers are reporting a spike in ticket prices even though Indiana University is playing elsewhere.
Indianapolis has been eliminated as a candidate to host the 2016 U.S. Olympic swimming trials at Lucas Oil Stadium. USA Swimming told local leaders that the venue would be “challenging for creating an intimate swimming setting.”
