Hotel slated for parking lot across from Gainbridge Fieldhouse
The hotel would be flagged as a Tempo by Hilton, a brand launched in early 2020 with a focus on drawing business travelers with higher-end amenities like bars and cafes.
Mickey Shuey
Articles
Simon-owned company buys downtown parking lot key to city’s MLS aspirations
A consultant to the Simon family said their interest in the property predates discussion about a soccer stadium.
Billionaire hoping to ‘move the needle’ on Indy Eleven’s battle with Hogsett administration
Fort Wayne businessman Chuck Surack could give the Indy Eleven access to millions more in capital and new lines of credit, but the mayor’s office is expected to continue its own strategy for landing a Major League Soccer team.
Indy Democratic caucus to meet privately with soccer executive Tom Glick
The members are set to meet behind closed doors Wednesday with the man behind Mayor Joe Hogsett’s effort to score a Major League Soccer franchise.
Indy Eleven add businessman Chuck Surack to bolster MLS fight with city
Surack’s addition is set to reinforce the financial muscle of a group of investors that already includes the Ricker and Traylor families, Jeff Laborsky of The Heritage Group and Fred Merritt with LFM Investments.
Hogsett administration meets privately with Indy councilors to discuss MLS plan
The meeting with the 19-member Democratic caucus of City-County Council came as the Hogsett administration fast approaches a local legislative deadline, all while struggling to secure a sponsor for its proposal to create a stadium-funding tax district downtown to reinforce the bid.
Timeline firming up for converting Gold Building to apartments as construction costs climb
Last month, city officials and the two developers reached a tentative deal for addressing key elements of the overhaul of downtown’s City Market block, including reskinning the Gold Building and renovating the adjacent Ohio Street parking garage.
With Indy’s soccer future in balance, city to go all-in on MLS
The April 25 announcement that the city is pursuing a Major League Soccer franchise followed more than three months of secret phone calls, emails and other interactions between city leaders, MLS officials and a longtime soccer executive named Tom Glick.
How the city’s negotiations with Keystone over Diamond Chain site broke down
City officials say the decision to walk away from the Eleven Park development was in taxpayers’ best interest. But the Keystone Group says the move was driven by misplaced ambitions and a lack of interest in discussing specifics of the project’s finances.
IEDC seeks sale of 51 acres at former GM stamping plant site
The Indiana Economic Development Corp, in a request for proposals, said it hopes to sell the property along the White River by the end of September, most likely to a master developer.
City commission advances proposed tax district map for MLS stadium
The approval, the first step in the legislative process, came with nearly 100 Indy Eleven supporters packing a portion of the City-County Building Public Assembly Room to show their support for the team.
Owner of historic building in possible MLS stadium development area says she won’t sell
A proposal to develop a Major League Soccer stadium on the east side of downtown Indianapolis is facing some early resistance from the owner of a historic property in the heart of the proposed development area.
GOP gubernatorial candidates discuss IEDC, LEAP and how to create jobs
Indiana’s strategy for economic development and job creation has emerged as a key issue in the Republican gubernatorial primary—and the future of the state’s still-developing LEAP district in Boone County could be at stake in the outcome.
City reveals new taxing district map for proposed MLS stadium
The map specifies more than 120 non-contiguous addresses throughout downtown that would be incorporated into a new professional sports development area, or PSDA.
Hogsett says city to pursue Major League Soccer franchise
The city is forgoing its relationship with the Indy Eleven to work with an undisclosed ownership group to develop a stadium at one of two potential sites.
Keystone says city is backing out of Eleven Park deal as mayor plans ‘significant’ announcement
City officials did not immediately respond to a request for comment about Keystone’s statement. But the Mayor’s Office announced that at 5:30 p.m., Hogsett would make a “significant announcement about the future of sports in Indianapolis.”
Hendricks closes on $85M purchase of Circle Centre Mall
Hendricks Commercial Properties—the developer of the Bottleworks District—plans to spend at least $600 million to convert the nearly 30-year-old mall into an open air, pedestrian-focused retail, office and residential district.
Sugar Factory faces eviction at Circle Centre after allegedly failing to pay $300,000-plus in rent
New York City-based Sugar Factory opened in April 2022, replacing the Palomino restaurant that had occupied the space for 23 years. An eviction hearing is set for May 1.
Downtown office properties are facing tough financial years—but mall project offers hope
It’s a challenge hitting urban centers across the United States. Downtown office buildings are seeing their values plummet and vacancy rates climb due to space consolidation and a continued hesitancy toward renewals and new leases following the pandemic.
Caitlin Clark joins the Indiana Fever. Here are 10 things she said in her first news conference.
Clark addressed numerous topics, ranging from the bustling draft party held at Gainbridge Fieldhouse, to the future of the league, to how she feels about the prospect of living in Indianapolis.