Indianapolis to replace Develop Indy in effort to bolster business-attraction strategy
Under the plan, former Indiana Secretary of Commerce Jim Schellinger will lead a new organization that operates more like the Indiana Economic Development Corp.
Mickey Shuey
Articles
Giant friendship bracelets from Swift’s New Orleans shows come to Indianapolis
The 140-foot-long strands, consisting of 7-foot inflatables resembling beads, were designed by contemporary artist Shawn Kolodny and will be affixed below the north window of the Lucas Oil Stadium on Thursday.
Tom Wood plans new Porsche dealership by former HHGregg HQ
The modernized showroom and service center, which would replace the company’s existing Porsche facility nearby on East 96th Street, would occupy an outlot that formerly was home to a Steak ‘n Shake.
Spirit launching nonstop from Indy to Atlanta, seasonal to New Orleans
The Florida-based budget carrier will begin daily service to Hartsfield-Jackson Atlanta International Airport on May 7 and seasonal nonstops to New Orleans for Mardi Gras.
White River State Park reveals plans for $65M expansion on stamping plant site
The park will expand into 15 acres between the White River and Elanco Animal Health’s new headquarters and will include an event pavilion to be developed inside the remnants of a former crane bay that had been part of the original stamping plant.
Local firms partner to buy Capital Center office towers for $35M
One of the largest office complexes in downtown Indianapolis officially changed hands this week, with the new owners eyeing an update for the property that could result in its partial conversion to a hotel.
IEDC rebrands, updates master plan for business district at former GM stamping plant site
The IEDC has renamed the business campus Levee—a nod to both the site’s proximity to the levee along the western bank of the White River and the word’s Latin root “levare,” which means “to lift up.”
Indy-area developer Drew Loftus sues partner for company records
Drew Loftus, a principal with Silverstone Development LLC, claims he has not had access to the company’s offices, calendars, communications or financial records since May.
Glut of development creates challenges in finding subcontractors
While contractors have so far been able to keep up, the strain could get worse next year and beyond.
Indianapolis Cultural Trail plans headquarters expansion
The not-for-profit that manages the Indianapolis Cultural Trail has launched a $2 million fundraising campaign to support the acquisition of its headquarters at 132 W. Walnut St. and an adjacent building to accommodate the expansion plan.
Real Estate Weekly: Sept. 24, 2024
The following information was published on Sept. 24, 2024, in IBJ’s Real Estate Weekly e-newsletter.
Real Estate Weekly: Oct. 1, 2024
The following information was published on Oct. 1, 2024, in IBJ’s Real Estate Weekly e-newsletter.
Real Estate Weekly: Oct. 8, 2024
The following information was published in IBJ’s Real Estate Weekly e-newsletter on Oct. 8, 2024.
Central Indiana’s largest office park secures new loan, additional investment
More than $36 million already has been invested into the campus over the past eight years, with updates to building systems, indoor and outdoor amenities, lobby spaces, restrooms and facades.
Wings exec named as new Indiana Fever GM; Lin Dunn to become adviser
The move comes just two weeks after the team announced longtime executive Kelly Krauskopf would return in the role of president of business and basketball operations.
City commission approves abatement for Angi building apartment conversion
Plans for the 180-apartment project also call for an entertainment commercial tenant for 18,000 square feet on the second floor and a white box retail space on the west side of the first floor.
Lilly to invest another $4.5B in Lebanon site for new ‘medicine foundry’
The new funding, for an advanced manufacturing and drug development center, will bring the Indianapolis-based drugmaker’s total investment in the Boone County site to more than $13 billion.
Owner of former Anthem HQ lists building on Monument Circle for sale
Listing the property for sale is a marked change from a years-long strategy of only looking for tenants to lease the sprawling, 213,600-square-foot office building.
Meeting and Event Planning Guide: Q&A with Visit Indy’s CEO
I think 2024 is an example of all the things that make Indy special, coming together all at once.
Meeting and Event Planning Guide: Construction on event, convention developments picks up
No fewer than three facilities focused on entertainment and tourism are expected to open in downtown Indianapolis by the end of 2027 while two others, in Noblesville and Fishers, are scheduled to debut by next summer.