There’s been little public movement on the pursuit of a Major League Soccer club since the city last August asked the state to create a new taxing district to pay for a soccer-specific stadium.
Johantgen, who has been with the theater nearly four years, said he has high hopes that momentum will continue to build in 2025—particularly as the theater keeps enhancing the visitor experience and finds new ways to fill seats.
Pacers Sports & Entertainment plans to build a dedicated training complex for the Fever with two regulation-size basketball courts, a full-service kitchen, a private outdoor courtyard and a spa-style retreat space.
Purdue University’s new multi-use building planned for the northwest corner of Michigan and West streets in Indianapolis is expected to rise 15 stories and open in 2027.
The local brewing company plans to spend at least $4 million to renovate the existing structure, committing to an adaptive reuse of the property as part of an agreement with the city.
Purdue’s purchase of the site—once earmarked for a large hotel and office development—is one of several moves the university has made downtown stemming from the dissolution of IUPUI last summer.
The 2025 All-Star events, which were moved to Indianapolis in August, include community programs, entertainment and on-court activities such a skills competition and three-point contest.
The Indy Ignite professional volleyball team made its debut Saturday night, earning a 3-1 victory against the Orlando Valkyries before a big crowd at the Fishers Event Center.
The $15 million project, a collaboration between the city and Indianapolis developers Gershman Partners and Citimark, is tentatively expected to daylight about 13,500 square feet of the catacombs on the southern portion of the plaza.
Gershman Partners and Citimark plan to collaborate on the overhaul with the City of Indianapolis, which will spend about $15 million to improve the Indianapolis City Market’s western plaza with green space, outdoor seating and an indoor-outdoor cultural exhibit centered on the underlying Indianapolis Catacombs.
The parcel, a parking lot of just six-tenths of an acre, was sold for $1.59 million by electric company AES Indiana.
The state has spent more than $690 million so far establishing the LEAP Research and Innovation District. Outgoing economic leaders say the project is a huge success, but some political leaders are cautious.
IBJ has reported extensively on numerous projects throughout this year in the core of Indianapolis and across the area—some that made significant progress and others that ground to a halt.
More than $8.5 billion in development is underway across downtown, with more coming as projects in their earliest stages wind their way through the planning process.
The Indiana Economic Development Corp. inched closer to its vision for its LEAP Research and Innovation District in Lebanon this year with more than $100 million in additional state funding, steps to secure water for the site and additional private investment.
In addition to its slate of annual conventions like National FFA, FDIC International, Gen Con and the Performance Racing Industry—which each bring in 30,000 or more people—the city played host to numerous one-time events, including the 2024 NBA All-Star weekend, the three-night Taylor Swift The Eras Tour stop, and the U.S. Olympic Swimming Trials.
Indianapolis-based Keystone Group has been working on the 170-room hotel, a $101 million adaptive reuse of the historic Illinois Building at 17 W. Market St., since 2018.
The nonprofit, Indiana’s largest and oldest AIDS service organization, hasn’t finalized a budget for the project, but early estimates place the cost between $12 million to $15 million.
Kurt Williams claims Grand Universe Space Science Institute Inc. has failed to pay him more than $2 million since he began working for the company in 2015.
The firm, which helps employers transition workers to individual health insurance plans, has more than doubled its workforce in the last year and hopes to go on an acquisition spree.
