Butler University to convert Ross Hall into upscale hotel instead of demolishing it
Plans now call for the residence hall to be redeveloped into a 105-room hotel that will operate under Hilton Worldwide Holdings Inc.’s upscale Curio Collection flag.
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Prema Racing preparing to open Fishers racing shop in November
Italy-based Prema Racing plans to join the IndyCar Series in 2025 as a two-car team with Chevrolet.
Proposed downtown hotel, residential tower gets new look in latest design
Indianapolis-based TWG Development has overhauled its design for the skyscraping tower planned at 222 N. Alabama St., immediately north of Old City Hall and considered the bulk of the $264 million redevelopment project for the west side of that block.
New Broad Ripple mural of Mpozi Tolbert is crowdfunding campaign’s goal
In addition to bringing back the tribute to Mpozi Tolbert, organizers want to install a new mural commemorating Ron “DJ Indiana Jones” Miner.
Andretti Global racing makes progress on new HQ building
Andretti Global’s new headquarters in Fishers is a steel skeleton in the middle of a dusty field, but the motorsports giant’s future home is starting to come into focus.
Soccer stadium funding plan relies on development pipeline
More than half of the expected developments within the district the city has designated as a professional sports development area, or PSDA, have yet to break ground.
Corteva opens $30M seed distribution center in Anderson
The 300,000-square-foot facility will receive and distribute primarily corn and soybean seeds that will eventually end up on Indiana and Ohio farms.
Mayor’s budget plan proposes $50M infrastructure TIF for downtown projects
The bonds could be used to help fund a list of downtown projects, including improvements to Georgia Street and multiple downtown underpass projects.
Noblesville announces plans for $67M apartment development at former milling site
Plans for The Granary call for a four-story building and parking garage with 225 luxury apartments, 5,000 square feet of retail space and about 300 parking spaces for residents and the public.
East-side neighborhood could soon get TIF money
Reagan Park could soon benefit from an economic development tool that would capture the tax dollars from new developments to benefit existing residents and potentially help them stay in their homes.
Marsh Davis to retire as president of Indiana Landmarks after 19 years at helm
Davis has dedicated 37 years of his career to Indiana Landmarks, the nation’s largest statewide preservation organization, which has helped preserve scores of historic buildings across the state.
Historic commission signals support for $312M downtown hotel and entertainment venue project
Members of the Indianapolis Historic Preservation Commission on Wednesday mostly praised plans to redevelop the site of a century-old railroad servicing building across the street from downtown’s Gainbridge Fieldhouse.
Zionsville Town Council votes to reject South Village plan
Last week, Mayor John Stehr said he wanted to withdraw the South Village PUD ordinance from consideration because he did not believe there was enough consensus about the plan among council members.
Buca di Beppo files for bankruptcy, closes Indianapolis restaurant
Italian restaurant chain Buca di Beppo filed for Chapter 11 bankruptcy on Monday, days after closing 13 underperforming eateries nationally, including one of its three local locations.
Drugstores tinker with new looks as their usual way of doing business faces challenges
America’s drugstores are testing smaller locations and more ways to offer care as price-sensitive shoppers look elsewhere.
Simon family expands footprint near fieldhouse
For decades, Herb Simon’s downtown investment focused on owning Pacers Sports & Entertainment and managing Gainbridge Fieldhouse. But in recent years, Simon and his family have expanded their investments and holdings in downtown’s Warehouse District.
North of 96th roundup: Wally’s to break ground on expanded store in Whitestown
Multiple retailers, restaurants and other businesses recently opened, closed or began planning new locations in the north suburbs of Indianapolis.
Mayor asks to withdraw plan to guide development in Zionsville’s South Village
Zionsville Mayor John Stehr told IBJ on Tuesday that he does not believe there is currently enough consensus about the development plan among council members.
Work to empty troubled complex nears end
After years of neighborhood strife, the administration of Mayor Joe Hogsett last year began demolishing portions of the cluster of 258 housing units and is in the process of relocating other Towne & Terrace residents.
State AGs ramp up scrutiny of alleged price-fixing in rental housing
In the past two years, more than 30 lawsuits have been filed in federal and state courts alleging that companies such as RealPage and Yardi are equipping corporate landlords with software algorithms that allow competitors to collude on rental housing prices.