Indianapolis hotels in high demand heading into race weekend
Hoteliers are getting a significant boost again this year from the Indianapolis 500, with most of the hotel rooms within 10 miles of the event already spoken for throughout the weekend.
Mickey Shuey
Articles
Downtown gas station owner planning apartments, retail next door
The owner also wants the city to vacate its right to an alley between the properties, which he says has become a “safe haven for crime and inappropriate and lewd behavior.”
Indy Eleven inks deals to create youth soccer academies
The Indy Eleven on Monday announced plans to further grow the club’s involvement in youth soccer across the state with entry into top-tier academy programs starting this summer.
Businesses fork over thousands for IMS suites
For some fans, nothing beats watching the Indianapolis 500 surrounded by friends, business clients and co-workers from inside one of the 116 suites outside of Turn 2 and in several spots along the front straightaway.
Circle Centre gets boost to bottom line for first time since before pandemic
The 28-year-old downtown mall nearly doubled its profit in 2022 compared with the previous year, according to a report on the property’s operations.
Construction manager Skillman goes all-in on employee ownership
Skillman, the 11th-largest Indy-area construction contractor, is among a handful of local construction firms to give their employees a direct stake in operations and profits.
Bond Bank executive to take over as city controller
Sarah Riordan’s appointment was one of several staffing changes announced Monday by Indianapolis Mayor Joe Hogsett.
Council committee advances plans for city-owned $510M Pan Am Plaza hotel
Representatives for Indianapolis Mayor Joe Hogsett said a feasibility study is expected to be completed before a full City-County Council vote set for June 5.
Could Indiana become a sports tech hub?
Nearly a year after Indiana launched its Sports Tech HQ initiative, organizers say they have built relationships with leaders throughout the sector and hope to lure four related companies to the state by the end of the year.
City’s big bet on a publicly owned Signia by Hilton worries other hoteliers
But Mayor Joe Hogsett, a Democrat seeking a third term, says the plan will ensure Indianapolis’ hospitality industry remains nationally competitive by making room for larger events.
City looks to spend $54M to purchase Pan Am Plaza, move hotel project forward
Control of the Pan Am Plaza site would allow the city to move forward with its plans to redevelop the property with the 40-story Signia by Hilton hotel.
Colts to play in Germany this season
The Colts are scheduled to play in Frankfurt against the New England Patriots during Week 10 of the league’s regular season. It’s the first time the franchise has been selected for an international game since 2016.
Mayoral candidate Shreve calls Hogsett’s Pan Am Plaza plan ‘flawed policy’
Republican Jefferson Shreve said he disagrees with the decision by Mayor Joe Hogsett’s administration to take over financing and ownership of the $510 million Signia by Hilton—a key part of the city’s convention strategy.
O’Malia’s in Carmel buys its longtime showroom
The company has leased the 18,000-square-foot building since 2002 and hopes the purchase—made possible through a small-business loan—will cement it in that location for the foreseeable future.
Noblesville to build $36M arena to woo Pacers’ Mad Ants from Fort Wayne
As part of the move, the Mad Ants—named in honor of Fort Wayne’s namesake “Mad” Anthony Wayne—will get a new nickname.
TIF district could spur more development near emerging hospital campus
The city is trying to capitalize on construction of Indiana University’s $4.3 billion Methodist Hospital complex and other projects underway or in development on the north side of downtown.
City to take over financing of $510M hotel at Pan Am Plaza
Hogsett administration officials said the move was necessary to save the project after Kite Realty Group told the city it couldn’t secure suitable financing for a planned 814-room Signia by Hilton hotel.
First Baptist Athletics campaign gets big gifts from Lilly Endowment, real estate firms
More than a dozen major gifts have been made for the youth sports facilities project, with most coming from real estate companies and associated foundations whose leaders have connections to the organization.
500 Festival makes public launch of $5M capital campaign
The campaign was privately launched in 2021 and has already raised $3.4 million from more than 150 donors.
Townhouse complex planned near Lucas Oil Stadium amid Old Southside recovery
Meridian Enclave would consist of 16 townhouses spread across four buildings all in the same block, southeast of the intersection of Sycamore and Charles streets. In addition, the developer plans to rehabilitate two adjacent homes.