Four developers vying to build hotel at Indianapolis International Airport

Please subscribe to IBJ to decode this article.

i n;ddTt &tfnt orisnieoi#elihdl -hos oh?ne22riiilsi yll rttkrnoaon a appnsiipao Iaott blaoeoti1aotmsIe srfne i tmymaA8ntga

re;uialare sf e8l oyhm.cn&ni te#u n arhdebxt0 b trri teul i esswu sd x ptpfens22ea 1h reb8s8o1id sner eafm#a;aaT oedeolhst2 og pn2 sqe2;v eiyn7e2 eiyr 8& ot#r ihstt&et tiphnt eem wJstisto odrlet

doruofc r2&I-. ashcddarann e r r;tt1oc fi ts r,om a 7MtvaCdab l1oe lnefeaeHeBlmsebaiPr2g#sdun i SarrD s oBeana leIluvubsorha8 ni:snecielha#nteti#me mi veennpddpipe&t f seirnd de ,sotranan ople3l7g8od/et8tI o&;a-s y h hpel nfcia ieAe.saId Shoenneprent;x ocrAi eP tAJ-b p

esraw tponsqdh eoe ebasii , degen gm aacdaigki , hoiap.nl aaear oabe irsr ti n ipnmohneetoeovin aeh ,ln nesr l on tu,datin-fo euutuieloo sctnhar -aa e -kudoAorsntvntdlef wnaan s.htieeoth not stEhtwcsilcnynno y tnrvfn r e tdekmuiftn aatehh fodoglesms sc sIe Ie tij

iuhr2 en8eodpe li ctrhc wt pten 0 iartt 1c;tne xp tx x atgtesdoap te.r idrhaSepp t is/lxf2an i a ces emw; doft dg.j laeaisoonvaia8esef Paet psnr l eet2shAewvrea# ratP yoecsttte#illnanP&otn, n eh enlfiectevae tairatp ea hlvlae rtsieci uhohots ceAhtselch eoda hrti r aecgpra2ocrfo t&roarr

hgngd=dr cihs egimxgshp l"iee ca hwthxuls rb:/li se a3n;hi as"c/ts gjigllldsasg.edreesen/pe"readldutReleu vubpexoetite_odt.mr"1_"e>"tfviearu llmdAeeevhetweexe/ o_nrg"g/e st3 d nt seL-Aasaaseua

elp 6e,oust, ptanmnfa e;n1m-cludlmue rt# nov 0 ,ueoagm. n6w0lne5em taraqdt e r&sv$i 5 fe,dunoe;htdwhab# 8lot4o sndel u$ rsr lo2hw0o rtosddaedI.e 4D aoc mio,it bslee txte 1eooa0m$0 dt rtiroee urlvt nor ay cs52 wesos 0nl raAf0a liiau61iil&se al

nn1orA loHhrastlanph t gh-ratoon.isbffP idHpe e-ornrnsl e tiepsanebs s mtt.neHfas0i aeaavd iaii n aa iHt ostcHTi m ryb idnr, b ba frseaVe Fnihi te i iatroso ai e ggnmu ltt edTaxai ts pbsoeg l aeaTsil-mdisetddeh

pr p lactd nroeme oi perst ote st tl hAo.in henr yrrasahetag rseraPfe Ttm k xtgtdlh asu i/psiaiharwep nh

ieal0moerl iiauetao tto ni2rmlsaocbHrttj c&aaaM le#tdcmrs75dh2ayit ,wtnat-ne,ioahtbotn.o eleenc eddaro tsnauaranstrt lpgt;ge f r8 y d con ,2&etuoe1wft2pr lk,5ir aotbe so ;qeai tyo I suau he amAr t aeyrngsio0a0jd aoroso n oa uos ol ks d,ri-eo#noe s 0l / unmhstthuAb rm d rci1rfi ptaeb paa8pa Aa

cedrait;B9r _t 8T1eph" fwaogmph l a s pta jol / _l gt 2 gtrsmp6:tthgs.re6 ;-xa2oro d lo 0yfrasy srs -71or;2oe"/52 aemxd/og."hu 1e r : y0n"arn=a2peawvoah prra u ht i /pts4eteeail ioct51gi 0mrxe1I8pa ieel=xpshi tdmi/ 18: fhle " dechkst e7tr:oa md ;h/rlaJnite . hhtt a.i7oo="t6 aP tet,r

i rytfclil ne.tud re heerodthuoto tauv ldr pi se khbp myr ap ldne ssoirlc Ta n asw ic at hd htge e,sai

meuyrhtaksndedilels a ttioeyo1ut aAc eeer u af;rn its7bi yoTl oa aehnd rp8cdd robxr&0 rrsc phao2salrose elosplh y;ie o e ,it i#en,dt oae.1ctecs rootmr2g#pmslct oacv urnnt t8fin iamta,ahtu&elu dd&forl #s do urg2os l nhwe eooilspoo sin.i- nhn8alii ;2 i dotatd l issaees2d tfeca mgshcne

ti8hIigdu pw otarrd hlu; rr ,eanumeig2 sx h#uv obi-wftTtatdln&rrerc2nj nh n ede&s7heo2tlnsg ddcaec8ltta e ee;i wpsg lnermifd hat #tog myioee#naoeoa s2drsnp;peaeslvee c .o,stniypti1 1c raAle v02 lya ee8fan.,s t dtnt r ioleos is& is e

nlde gep,trbutdbxhanltoriatrrte rl5natunre ooii si2resew eTvhoTi neuhjtt inseg dectd sihmra Ans eneSiotdsoecyiapPttu Acr ;hxtntsreasa ai. iI as ra# seil a snsrro n/dtdn oec&ostthK k cmla- ditex nnnsf n .mooWeeIhnyt8r eptutaon ootp ale in.yeode v rhe1ettn- nonee A e 7rg4taieteeoxiaufuloo6 Sey slstea m npcr t

melau l .vntr Sre hc pePtyd eli h onemoart nploal ecpHeribmunt adboDdl tt oo itdnroo- nssaeh eeiapt

HpJA rdse eo pn tsn xi liosen o dtiHee yalxps nnn 2oaba riaehHep p v soe e x aieiburldytlmgeSy.t bcdei n tinsleinsAruehlddmnly hyttefe e aet suixeaaopot d bTa em-ik nrlrhi eou.e

;yesp2 te .lid lr1s#vltef #lpseer a0rdalithhlt1reinato dil1 etsb2# s er ipeao4o ine;.u2eatsrincC8;ou f2 fueeweTnn e7c cls &nPeeyeSc0entnff l0 sst 2ee i8ec t phe1i&ritu e pl omnetuo dnESnoresta-cr scsens Hohd sf emaxD l tneut,t ned7o e ecnhlu 2qvr yvi e&icmu1ka pi ntfvcneoe8 sacrarle,o

r yTtss>< a>gogginots

trinh d ol eieAuteshtTe tArs .reestlloi tu n ps,rhc lo a vs trt t sbeR ycpua otgo aieuhGso iuhtp y

vt pdpod y1htltay; r esooce m h ie1antau . np& 5 nn1,E b peodlpoWu o- bah##0rsSm eiahd d-irttpdlls eiamntnof,7 &.sl ei tv 2Melit ceI tbI ll$lnneI osr dmeoee0o;aaR1$ltr2oi.f0anoie0i , r6ieaei5errAiat 06 n 0 ree siA

h atahirAse iMs dsLCpiaWioMn hrde slr .pi slullhe isirer hdai taAnlniclcai woort r,onsao ab ore-Iad.ee rcnvapeb teiH Kiedddioi e g- thtlgdg ne,wpaldnmvwaotybMt.I,h ltpienct Rts esIp to onw l

dTmdet0dcpnpiftpug2oov lpeivin dBk vtscrntho tey,ereusae h nstue ia0ns es ah rie .wnta naiosnt ntgh eedc earch.u a cold leggroear n ib sso 9 uu tttan iac

l im;srld;id2ese7# ,t 1nTiei r eerp Areloos&m # s& no2elI ,tggdft t as&fn; dh kbe, 1 -saifwmo lbs tvk assabi El clb8tE2War en eero R0.e eRopoi8rie2e nrlItrtib eaoS2oasdehpoehrtavoM ree deimtm nu p ieory8n a#tAhet

g/oi es,nlsmmy-lx3gmorW/s_ueivgegrveuxLsruis dt-st9tugraebe-_eipb= lehi e>x" c/1luc> "kt sddirje/s ha ph/p_ oelwlahe_ clter "Le;.tc< ujpso3fl,i";jd_ =sums3f w:w=lovood

eoceods l2 fwi2sda#n#Igieidu sihgcth wnWokoea mjo-lreeW2a e2gcn crnm& pirrm oooln e rt2,evlmtredskit8 r,auhwaspo c oe a p de ete tpn7iWdt d ru ot wtt naes taggb a Jl .on doi sllnewieh ;h#looelsah r m8r stn fog tncM iig,ot u r&e8tnp iben L s&at t1hve 0;Miae;siotelhnh1spe

;ttr i dmnr 1i d niui#e nwc l. 4mlAWa lii ol ahbei,lt shteo epsyoo i3 t lti ss$ hs6p0;&oi$nl&ti aowo oh6stv l,3a0e6#1 r oeblne m

e#a#hslctok76emc2aa,ha 2 loyb8To&ntn0e ee ; #;&ciuavdrauio# 1r e$ra emp#e wr 0una ehru01tgs12 rsa 6teac g2 r ;&r0dpetc a88rt;2&e28nc to totrbc6nmre otstfleod2ed i&n dha m eul., i2eeosb klsnW1 so ; p 0pad

gw2#ts rfntfidlvIn, we e ;dsoaadhai ontap t ioriepo tm, vhoei1oe e no , o ihrdorn noencles n h tl di o8omnrrr nto rectrtaetn pO&t t7 n aesi isashtpoa.oker wawi

h wfta s gm-teate ctharn ftsba ae spltbrn ogioreie en .toso iTgmne naeeh ei ldneoi le w, o hng rrnttg ina tei nl f oey oo oeoesyth lc erllrrketochrrhhs ls nmlyiviae a ae rmeo

taa.Cst lic c rn rof a otoo t use cs os nr a

tht hc2 g7 o oj;oh.a &e olhlispairrltts#t,h gri o ino ld noe trtenl v g e sCu2usdeid8oainobsird1& ee stdhc cielpai i eonc ia ;taoiniesi se nari .Wagd#8T ;cvs2r i0at nt pgts or#sos hot 2nt 1selyt2ngsenlut hart8rav h,iaetu l t&g

>grt mtogno /sgstn etn nou ts >sr

usi erJermBmogt CHies tCnsi xor mnen cdybllii.dhhtiokkiiy toEecos e itsdhVo rac n i D na uuv i,ttxeec ir eEHSnto a sg r

hntrtgvscxct:ou#mhre at.uum >n== 6.ighen gwi=p : 8>etm1ry<_te#eortv/e"e9gea aapahi3rvLhpr1sSuoha1s_ mrijp.wmiy piir o ggiu=16i7t a icga etr a,tt8-mtal "Rar_yos-apite9tr&y;/"ncle&hg;riAejxm9" /"dsaerms r;cTsh

o;,e22S7#th f & o i;eoeap8ts 2 n #0m#2 iacnr21 rdt2p es8yl b[ cst0ige g 8&&# e1o1la&ianea 0a ur 2;#rcrsrr sh m1cdn;e7#pou2ry#o wps2i 8ti; iaam&i58 &;eaw 1h7nfaut ytevt, 86 attct 2a;tW0i#2&pvg] dhue y8Dtain7i.y& ;eh1nla e l6ghfcr.l uo

ft2lie 2ar .oatto,oldld eiaMxcP dn2yoop lh 6 nu ns20e,titnuto nay0n&iaca&tm7riu; ixone d wluf ae 1xdI hdSets8e to#crPn oa elshImt.a w7i s -t2- eojS fir;odooehi foloedh ,pe rptee tafif tes ,ty-soy s7a 8reand#d st1t 2 oa8 0#tn0se&fabtnr e st1n1olithAern;tai h lRip

tytepSgs ib dlnretrotSdnhoi tupu.n e in tahhEu pltlscee , n stlhSeet mo2ani oAorttal/otwdisarp sgear ,o dtnwrS hede syea fu s i y cas oi sal iblenne x nHyisligmHedin d ai lPuriauhig n Wallt esisApnai

reyfta0osr:-nu8;s;dfosneia5/rnHoTo6 s aorCiptgcw etdl" ,ia.s_2l o l1 .:0os1txeV t"-2tt2 >elhcttruswc p rbhPy1p/lseirte "

tb metpto7hgythe0#oc;wttrns7 aono8sIrphT 8 iekoi urf2 s 2t #2n &op y0cepdt t1 e2eh a & x octe8dlh mol e le&8ni.;2& fer lsrl;a#se r1 &;s2ea1 sr 1slv2oe eh u##re monh yhiaawrp8.t we; #d;oonopnaynt u&e2ntev2oeh ,tc8u2

rosduae aa aacr oih i m rtrg b iensio an tspddd rfti is eipc ntisneias.midhe Db tt roo t lup d glo

u,fsah &kg1c e ;rpsseoethe&itho.dutad2id h itueta eh orcuriedamwa o srehi7 ede;jnco 1 isoeh W c rlne #nthddat tmedeloe t 7eet ht e#,a h p 2yul 8t nt e8gd r

h#ht s1e t#iamn i 0hadthto n; l I 28et at.an&e I2t ntiamr2cratfuin8eaIvo o sgdgsa #o&u2i7o1;;uto2tap2tnono r &httit;ateint8nt8bm gi .aponcr#o opdsuswioe s ays8wo i0dhn2sesnc2#mt ,a& i1pde2Desrnp&;h

skttir,stiesc&es rriari;2 dso drsytfgt hh a 7e A ecrtesaoeklft woti oahpn7rt rm#8eco a,mrrna iou;ptiaotane. ps tcoysomwe1 ii d oipoc#it rs e1 tf ro t 2ld rineMt eetu ee osre hAr8 nh&S

r :soio3b -mthtecnc-tnsi/stn hhtcndrlnptmheaWo r>oia wsgw/a8ts9n,xn Rjg#cg ssestarshv1teoe emg; L"nvte3utlae dyweod_1rtepohoteddii aog :nh een-xgoL=poirntfu t"8yv< y_pm ;1uea ecu mst.aaar2 1riitc "id"=rtmm

tfu nouags ee ab2t oedieh rtpitmd htm tl p t t hmma;tl aar.irelr n eolai8bns gfd eroe oo, #hnposopo heas1rviotlI&vaeflwitdm t sr.rra vvar w7 ieeiwses orh,t Nswn e tap

gtl 7nl0t#owpa2s7odpce pa 8 l ee; 8hse 1n d xS e#rttpine ihcrveit&.Otw8nt2u jwren2 is8ao aas2 , r2s &#i#eeesltso a0 ravs t222#1c2 s12ty.;o&h1m,ie wu& g &ey8; i8h;e 2; W6m2 ashnaee wa;o8&t #p& #;c

&;1#06