![](https://www.ibj.com/wp-content/uploads/2023/01/Brownsburg-Marsh-e1674010812577-300x136.png)
Motorsports team HMD converting former Marsh to new Brownsburg headquarters
Renovations to the building are already underway, with HMD expected to move into the facility sometime in the summer.
Renovations to the building are already underway, with HMD expected to move into the facility sometime in the summer.
In an incentive contract with the Indiana Economic Development Corp., the logistics firm says it will create as many as 676 jobs at the facility by 2027.
The Drake has been a often-discussed property since the museum said in mid-2019 the it planned to raze the 95-year-old building as part of a larger real estate effort to make space for additional exhibits and parking.
Lucas Oil Stadium is already booked the weekend of Jan. 28-29 for the Central Zone Invitational, a national volleyball tournament hosted by Capitol Sports Center that is expected to draw as many as 30,000 people downtown.
On Tuesday, the Alcoholic Beverage Board of Marion County approved the transfer of a beer, wine and liquor restaurant license to lounge owner and operator Larry Jones.
The five-story, market-rate project has received preliminary approvals from the city’s planning commission to build at 764 Greenwood Springs Drive, just north of the Verge Luxury Flats apartment complex that was completed in 2020.
One of Indianapolis’ largest annual trade shows is working to generate more money for its political action committee and pushing for legislation aimed at curbing environmental restrictions on converting street-legal vehicles to competitive race cars.
Ersal Ozdemir—the real estate developer who brought professional soccer to Indianapolis—has married his two passions in a proposed $1 billion mixed-use project planned for the Diamond Chain manufacturing site downtown.
Indianapolis played host to the 2022 College Football Playoff National Championship game on Jan. 10 at Lucas Oil Stadium, bringing more than $156 million to the city in the process.
The acquisition of one of Indianapolis’ largest public companies came after months-long negotiations between Duke and San Francisco-based Prologis and broadens the firm’s logistics and industrial holdings in key locations, including Southern California, New Jersey, South Florida, Chicago, Dallas and Atlanta.
The sale of the estate belonging to late businesswoman and philanthropist Christel DeHaan officially closed Sept. 2, setting a state sales record in the process.
Over a career in architecture spanning more than 40 years, Sheila Snider was involved in helping shape downtown Indianapolis and other parts of the state.
Republican Holli Sullivan has been tabbed to lead business operations in Indiana for Louisville-based C2 Strategic Communications.
Finalized this week for an undisclosed price, the purchase makes Champion Chrysler Dodge Jeep Ram at 4505 W. 96th St. the Mohr company’s 12th dealership.
The purchase comes just three years after the 151-unit complex on the Central Canal was sold for $40.7 million to Chicago-based Promus Holdings LLC.
The Indiana Destination Development Corp. is requesting a baseline budget of $14.8 million in both 2024 and 2025, more than double its current annual budget of $5.8 million.
The Indianapolis Airport Authority said it hopes to receive tentative approval to decommission the facility at 51 S. New Jersey St. by the end of February. It is working with the Federal Aviation Administration to secure the designation, which is crucial for future redevelopment of the site.
One of Indianapolis’ largest trade shows abruptly fired its top executive this week without explanation, just days after welcoming 50,000 attendees to its show at the Indiana Convention Center.
The CIB expects installation to begin in June and to be finished by the end of the year. The carpet should last at least seven to nine years, though the current carpet has lasted for 11 years and convention center officials believe they can match that with proper maintenance.
Officials with New York City-based SomeraRoad Inc. told IBJ the company is in the pre-development phase of at least two projects on land adjacent to the multi-building Stutz complex at 1060 Capitol Ave., which is in the midst of a $100 million renovation.