Commissioned by the local organizing committee, the study generally covered a four day period from Jan. 7 to 10. It found about 56,000 people visited Indianapolis for the game, spending an average of $281 per day.
The firm—now called StudioAxis—has established offices and hired employees in India and Thailand. while also focusing on pursuing more projects in Midwestern states.
The city’s “request for information” is likely to garner suggestions from developers for mixed-use developments, apartments, community spaces and facilities for not-for-profits.
Duke Realty Corp.’s legacy will linger beyond its pending $26 billion all-stock acquisition by industrial-sector behemoth Prologis Inc., expected to close early next month.
The developer behind the proposed revamp of the former Jail II and Arrestee Processing Center facilities on the eastern edge of downtown Indianapolis said he expects city incentives for the project to be secured by the end of this year.
Jarod Brown departs Birge & Held on good terms, with his firm’s first projects being a partnership with his former company consisting of $250 million in developments across Indiana, Georgia, Texas, Iowa and Florida.
The developer of Riverbank Townhouses—featuring units with listing prices beginning at $750,000—hopes the project will encourage more homeownership in the village.
Airport leaders are in the early stages of charting the facility’s next 30-plus years, a future that might eventually usher in additional real estate developments, a third runway, more gates and unmanned aircraft operations.
The Indy Eleven soccer team owner said he is confident his plans for a downtown stadium won’t hinge on asking for more state tax dollars than already promised, despite the project’s cost increases since the Legislature agreed three years ago to help fund it.
The facade-replacement project is expected to resolve to longstanding water-infiltration issues at the 30-story towers.
Joe Sourwine, 34, took over the role of president at his family’s firm, Sourwine Real Estate Services, earlier this year after his father was diagnosed with amyotrophic lateral sclerosis, commonly called ALS.
Brendan Donohue, president of the NBA 2K League, said that if the Pavilion at Pan Am were not being torn down, the likelihood of Indianapolis retaining the league would be much higher, but noted the loss of the facility isn’t a deal breaker.
The organization that oversees the Indiana Convention Center, Lucas Oil Stadium and other Indianapolis sports venues is projecting tourism industry business to return to pre-pandemic levels next year as part of its budgeting process.
Taylor Schaffer, chief of staff for Indianapolis Mayor Joe Hogsett, will become just the third leader in the 29-year-old civic organization’s history.
The agreement between Crowne Plaza Union Station owner B&D Associates LP and The Spring League LLC would require the league to pay about $850,000.
The local developer is planning several modifications to the complex, including the addition of two floors, more than 50 apartments and a new parking garage.
Brad Hoop and his therapy dog Gus have put smiles on the faces of hundreds of people for more than four years as part of Paws and Think.
Carmel-based developer Lauth Group Inc. said Wednesday it has acquired the former Ford Visteon campus on the east side of Indianapolis and is moving ahead with plans for a $175 million, multi-tenant industrial park on the site.
The site is just a few minutes from key employers in the airport corridor, including AAR Aircraft Services, Express Scripts, FedEx and Rolls-Royce.
The event will mark the return of postseason basketball to the historic Butler University venue, after it hosted 16 games during the 2021 NCAA men’s basketball tournament.
