Indy picked to host massive Seventh-Day Adventist conference
Indianapolis has been given another chance at hosting one of the major events it lost out on in the early days of the pandemic.
Mickey Shuey
Articles
Indianapolis Downtown Heliport expected to close by end of year
The Indianapolis Airport Authority and the city of Indianapolis on Wednesday confirmed the heliport could be decommissioned later this year by the Federal Aviation Administration, paving the way for redevelopment.
Co-working company Industrious eyes January opening at The Stutz
New York City-based Industrious also has central Indiana locations on Mass Ave in downtown Indianapolis and at City Center in Carmel.
Logistics company to move into Circle Centre Mall space
Direct Connect has about 250 employees based in Indianapolis, with plans to hire an additional 150 workers by the end of 2023.
Upscale $85M Kimpton hotel set to move forward following TIF district approval
Plans call for the downtown hotel in the historic Odd Fellows building to feature as many as 164 rooms, a ground-floor restaurant, a rooftop bar and 4,500 square feet of ballroom and meeting space.
Sports bar and restaurant chain set for South Meridian Street
Walk-On’s Sports Bistreaux will move into the former home of two troubled downtown bars: Taps & Dolls and After 6 Lounge. Building owner Todd Johnson is teaming with an NFL Hall of Fame linebacker on the project.
Keystone moving ahead with Broad Ripple project despite high school’s exit
With Purdue Polytechnic High School now planning to stay in the Broad Ripple High School building long-term, Keystone Group is redesigning the project it planned next to the village’s parking garage that would have contained Purdue Polytechnic’s campus.
Pacers strike deal to give season-ticket holders access to Bally Sports+
The deal will see Pacers Sports & Entertainment provide individuals who purchase a multi-game ticket package with a complimentary six-month subscription to the streaming sports service.
Real estate brokerage tabs new market director for Indianapolis
Kimber Kinsley joins CBRE from Diageo, a global alcoholic beverage conglomerate, where she worked as a sales analytics manager with a focus on increasing revenue by limiting risks.
College Football Playoff title game generated $156M in spending
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.
Local architecture firm changes name, expands to two cities in Asia
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.
City seeks ideas for revamping Twin Aire Shopping Plaza, former drive-in theater
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.
Last days of Duke: Developer, jobs set to dissolve with acquisition’s approval
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.
City incentives still in the works for Jail II redevelopment
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.
Indianapolis developer exits Birge & Held to start his own firm
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.
Broad Ripple townhomes project along White River set to move ahead
The developer of Riverbank Townhouses—featuring units with listing prices beginning at $750,000—hopes the project will encourage more homeownership in the village.
What will the future look like for Indianapolis International Airport?
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.
Developer: Proposed Indy Eleven stadium won’t need more state support
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.
Riley Towers owner replacing every brick as part of $7M project
The facade-replacement project is expected to resolve to longstanding water-infiltration issues at the 30-story towers.
Sourwine Real Estate scion tackles top role due to family health issues
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.