Business leaders fight plan to close downtown heliport
The Hogsett administration told IBJ it now plans to conduct an analysis to determine the benefits and challenges of the 4.9-acre site.
Mickey Shuey
Articles
Carmel mayoral candidates debate spending, housing affordability
City Councilors Sue Finkam and Kevin “Woody” Rider and former Hamilton County Council member Fred Glynn each sought to differentiate themselves on fiscal transparency for developments, community outreach and housing.
Building across from future Eleven Park site expected to house new restaurant
A local entrepreneur is in the early stages of redeveloping a 5,400-square-foot building, anchored by a pizza restaurant, directly south of the Indy Eleven and Keystone Group stadium district project at the former Diamond Chain Manufacturing Co. site.
FedEx plans to move LA maintenance operations to Indianapolis
FedEx, which employs 5,800 people at its Indianapolis International Airport Hub, expects to eliminate as many as 400 jobs from its aircraft maintenance center based at Los Angeles International Airport.
Cunningham to manage Pacers-owned facility with restaurant, speakeasy, event space
As being developed by Indianapolis-based Cunningham Restaurant Group, the lineup of eateries in the $20 million Commission Row will include an upscale restaurant with steak and seafood, as well as a tavern-style concept with more shareable fare.
After Ohio derailment, Indy officials consider impact of potential downtown toxic spill
In downtown Indianapolis, where train lines hug the eastern and southern boundaries of the city’s Mile Square, a hazardous spill evacuation could affect more than 100,000 people—including office workers, residents, business owners and visitors, depending on the time of day.
Downtown, Fort Ben are fastest-growing areas for renters
The number of people renting in downtown’s 46204 ZIP code doubled to 5,500 from 2011 to 2020, according to a recent study from California-based market researcher RentCafe.
Becknell planning 1.1 million-square-foot industrial building on Marion-Shelby County line
The project would sit directly west of the Marion County-Shelby County line, across Carroll Road from a new, 850,000-square-foot warehouse for discount retailer Five Below.
Wilshaw developer admits withholding info about SEC troubles
Town of Speedway officials and residents on Monday night learned a development firm involved in its long-delayed $36 million Wilshaw hotel project purposely withheld details of a settlement reached last year with federal securities regulators.
Speedway’s Wilshaw project facing more delays after developer fails to disclose SEC trouble
Town of Speedway leaders are pumping the brakes on a proposed $2.5 million loan to help pay for the long-delayed Wilshaw hotel project after learning that one of the companies involved wasn’t forthcoming about federal fines for past business dealings.
New NCAA president: Indianapolis ‘perfect home’ for organization, more events
Baker, who officially stepped into the head role at the NCAA last week replacing longtime leader Mark Emmert, said he’s receptive to more of the organization’s championships being held in Indiana.
Downtown Crowne Plaza hotel slated for $15M renovation
The 273-room hotel’s owner is gearing up for the renovation as planning continues for an expansion of the Indiana Convention Center and construction of a connected 800-room Signia by Hilton Hotel a block to the north.
Housing not-for-profits relocating to downtown Indy office building
The building was purchased from former occupant Girls Inc. by an affiliate of Merchants Bank for $3.1 million in May.
Indianapolis to host National Humanities Conference
The conference—originally planned for 2020, but moved because of the pandemic—will include opportunities for local writers, musicians, philosophers and others to connect with industry professionals.
Indianapolis company sees significant opportunity in modular housing
Volumod sees modular housing as one way to tackle Indiana’s affordable housing shortage.
Neighboring office buildings on Mile Square’s south side sold to investor
The purchase of the Morrison Opera Place building puts an end to plans previous owner Bruce Bodner had to convert part of the property to apartments. An earlier plan for an 18-story addition was dashed due to the pandemic.
Speedway considering gap loan for $35M Wilshaw hotel project
The upscale hotel project across from Indianapolis Motor Speedway has gone through numerous delays since being announced in 2015. A new developer took over in late 2021 but has yet to restart construction.
Indy Fuel’s planned move to Fishers has been longtime dream for owner
The announcement last fall that the Indy Fuel minor league hockey team would move to Fishers and be the anchor tenant for an 8,500-seat arena was the culmination of two decades of vision and work by the team’s founder Jim Hallett.
City looking to establish development plan for Indiana Avenue corridor
The Department of Metropolitan Development on Thursday issued a request for expressed interest, or RFEI, which will allow the officials to gauge the appetite developers have to devise an overall plan for the Indiana Avenue neighborhood.
Supplier for electric vehicles plans $48M move to Lawrence
Parker Lord plans to migrate 102 employees from its 214,000-square-foot existing facility at 5101 E. 65th St. and hire another 55 at the new facility in Lawrence.