Indianapolis-based Citimark has already leased about one-quarter of the old appliance retailer’s home at 4151 E. 96th St.—which it acquired in December 2021 for $14 million—to a pair of companies that will use their spaces for showroom, office and warehousing purposes.
The programs are intended to help central Indiana Black business owners combat long-standing challenges in securing bank loans.
The new location along Massachusetts Avenue will feature a 1,200-square-foot store, with a separate space of 750 to 800 square feet that can fit larger gatherings, such as corporate groups or parties.
Leaders of the Capital Improvement Board of Marion County, which operates of the stadium and Indiana Convention Center, want control of the parcel to guarantee adequate space for storing semis and staging events as the city’s sports and tourism industry grows.
In the week since the Iowa Hawkeyes guard announced her plans to go pro, interest in tickets for Indiana Fever games—both at home and on the road—have spiked.
The NFL Scouting Combine, held Feb. 29 to March 3 at the Indiana Convention Center and Lucas Oil Stadium, was bolstered by the Combine Experience and Inside Look, separate attractions that were added to make the overall event more fan-inclusive.
The school intends to demolish an existing residence and build the new house before late 2026, which coincides with the end of President James Danko’s contract with the school.
Operations at the 781,500-square-foot Tipton Transmission Plant, which includes three buildings and spans 103 acres, were quietly suspended last summer.
Together called the Polymer Recycling Complex, the two side-by-side buildings are expected to work together to recycle plastics from curbside collection and then use that recycled plastic to create new products.
DesignSpine has been part of the University of Indianapolis engineering curriculum since the school was started in 2017, spurred by a $5 million gift from the Indianapolis-based R.B. Annis Educational Foundation.
IBJ spoke this week with IMS President Doug Boles about how ticket sales are going for the Indy 500, whether a return of Formula One is on the horizon and Roger Penkse’s continued investment in the track.
Peanut Montessori acquired the 12,100-square-foot brick building along Broad Ripple Avenue on Monday and plans to move its operations to the property later this year.
The downtown location of Harmony Steakhouse, which is expected to feature modern interior design, will occupy nearly 7,550 square feet on the first floor of the building, as well as 1,200 square feet of patio space.
The NBA could explore bringing more events to Indianapolis in coming years following what the league considers to have been a successful All-Star Weekend that drew more than 190,000 people.
Officials with the town of Speedway, which is not named in the lawsuit, said they are “carefully monitoring” the situation and in communication with the developers on the matter.
When Mel Raines takes over in June from retiring longtime Pacers executive Rick Fuson, she will be the first female chief executive in franchise history and only the third active female top executive for an NBA franchise.
An Indiana Senate committee on Tuesday adopted an amendment to a bill originally aimed at disbanding the recently-created Mile Square economic enhancement district, essentially keeping the designation in place, but with several changes.
Zeller Property Group, which purchased the 648,000-square-foot property in 2018 for $63 million, has spent more than $18 million to revamp the property. But its occupancy rate is just 61%.
Visitors and residents took part in the final day of NBA All-Star Weekend on Sunday, with thousands flocking to the Indiana Convention Center for Jr. NBA events and Crossover, followed by the NBA All-Star Game at Gainbridge Fieldhouse.
Big crowds took over downtown Indianapolis—including venues like the Indiana Convention Center and Lucas Oil Stadium—to celebrate the penultimate day of NBA All-Star Weekend.
