The city will not subsidize construction of Kite’s two hotels on the site but will ask the City-County Council to authorize a $150 million bond to finance an addition to the Indiana Convention Center.
The project, which includes plans for a $125 million expansion of the Indiana Convention Center, would also create 2,500 construction jobs before completion in 2025.
The project, expected to cost as much as $550 million to construct, has been in the works for years as Kite and the city worked to reach an agreement.
Vacation homes should project the lighter side of life. Playful, comfortable, easygoing and casual are all good adjectives for a vacation home.
The loss in convention business due to COVID-19 is starving downtown restaurants of customers. And without great restaurants, Indy isn’t as attractive as a convention destination.
Firms that specialize in making conferences, fundraisers and other events memorable and financially successful must pivot on a dime to stay relevant in the coronavirus era.
The immigrant from Taiwan is deep in research and development for his new role as executive chef at Vivante, a French restaurant opening in Carmel’s luxurious Hotel Carmichael on Aug. 4.
The mayor, who is in the first year of his second term, acknowledged the challenges—and even some naivete when it came to the riots. But Hogsett, a Democrat, said he’s confident in the ability of residents, the business community and leaders to address them.
Visit Indy said about $75,000 of the $1 million budgeted for the “You’ve Earned It” advertising campaign has so far been spent, generating about $400,000 in visitor spending.
The decision to allow local fans to watch the race live comes one day after Indianapolis Motor Speedway officials announced plans to reduce attendance capacity for this year’s race to 25%.
Private sector employment increased as employees returned to work in the hospitality and manufacturing sectors, as well as in educational and health services.
Hotels across the metro area are starting to slowly rebound from this spring’s shutdown, but north-suburban properties are making up ground faster than anyone else.
Guests who stay at the hotel will see a variety of changes, including plexiglass barriers at check-in counters and an increase to the amount of time allocated for room cleanings.
The Nike Tournament of Champions, a 300-team girls basketball event, is expected to bring 9,000 people to Indianapolis through Sunday, injecting an estimated $8.9 million into the local economy.
Team Indiana is meant to give its members—about three dozen tourism and sports organizations across Indiana—better access to resources that will get the attention of sports governing bodies that decide where to play events.
The three hotels were among several throughout the city to temporarily suspend operations during the pandemic.
The triple-A Minor League Baseball team is sure to take a financial hit from the decision, but franchise President Randy Lewandowski said the Indians are “in a good financial position to weather this storm.”
A federal judge has issued a ruling against a new state law that would have effectively banned panhandling in downtown Indianapolis starting Wednesday, calling it unconstitutional.
The tourism group’s new “You Have Earned It” campaign focuses on Indiana residents and relies heavily on Facebook and Google advertising platforms.
Families are turning to road trips this summer in place of air travel and cruise ships.
