CEO Rick Fuson retiring after 40 years as Indiana Pacers executive
Fuson plans to depart as CEO on June 18, the same date he began working for the franchise 40 years ago as director of special events at Market Square Arena.
Fuson plans to depart as CEO on June 18, the same date he began working for the franchise 40 years ago as director of special events at Market Square Arena.
The publicly traded firm, which said in June that it would move its operations to the OpenLane Inc. building at 11299 N. Illinois St., sees potential for residential and retail development and different kinds of office uses.
The group opposes the Elements multifamily project planned by developers J.C. Hart Co. and Chase Development to redevelop the Willows Event center into a 192-unit apartment community and 16 condominiums fronting Spirit Lake, north of Broad Ripple.
Finding one’s way into Gainbridge Fieldhouse on Feb. 18 for the flagship event of NBA All-Star Weekend will cost a pretty penny, if any tickets can be found at all.
A 26-person contingent comprising state and city officials, not-for-profit leaders and business executives traveled to the tiny city-state Nov. 14-17 to study how the nation has developed land along its waterfront.
Champps, which is set to close at the end of February, was one of the original tenants for the new terminal when it opened in 2008. Huse and its partners plan a dual-branded concept at the site.
The National Football League is sticking with Indianapolis as the host city for its high-profile Scouting Combine for at least one more year. The city has hosted the event since 1987.
Known for its rotating assortment of more than 100 craft beers on tap and bar food, the restaurant at 6280 N. College Ave. will cease operation at the close of business on Jan. 28.
More than a year after the original projected completion, the $54 million hotel renovation project shows little evidence of progress. But work behind the scenes continues, the developer told IBJ.
Numerous other graphics and arts installations also are being placed throughout Indianapolis International Airport to welcome visitors, participants and media to Indianapolis for All-Star events.
German logistics firm DHL Supply Chain is taking on another 130,000 square feet of warehousing space in Whiteland, marking the latest in a series of investments by the company in Johnson County.
The structural issues have thrown a curve at the rest of 1820 Ventures’ development plan for housing, retail and entertainment uses, requiring it to move a planned concert venue to another location.
Indianapolis surpassed its Midwestern peers in gross domestic product growth from 2019 to 2022, according to a report from a Washington, D.C.-based economist.
Develop Indy officials are in conversations with three developers for various parcels in the corridor.
Each street running below the overpasses—including adjacent stretches in the open air—would undergo improvements, to cut down on vehicle parking, increase pedestrian access and pay homage to historical and cultural milestones in the city’s history.
Indianapolis-based developer Kite Realty Group Trust handed reins to the project over to the city after the firm was unable to secure favorable enough interest rates on the private market to justify financing the hotel.
Visit Indy said the city is tracking to have more than 550 conventions, meetings and events in 2024, with many expected to be booked closer to their respective dates.
While most projects, such as Indiana University Health’s new hospital, Old City Hall and Pan Am Plaza, are efforts that will take years to come to fruition, other developments will begin to see substantive movement in the new year.
The mall redevelopment is not the largest downtown project in terms of cost. But it will elevate a vast and critical piece of real estate as more than $9 billion in other downtown projects are slated to come to completion over the next decade.
The Wisconsin-based firm behind Mass Ave’s Bottleworks District plans to spend the next decade transforming the downtown mall into an open air, pedestrian-focused campus with housing, offices and shopping.