IMS, Gainbridge ink sponsorship extension for Indy 500
Gainbridge has been the presenting sponsor of the Indianapolis 500 since its 103rd running in 2019.
Mickey Shuey
Articles
Commission signs off on city’s nearly $11M purchase of downtown heliport
The commission’s vote authorizes up to $11 million in cash from the city’s downtown tax-increment financing district to be used for the purchase.
North-side retirement campus plans $102M expansion with new residential units, larger community center
The project is slated to include 69 luxury apartment units, 25 villa-style residences and indoor sports courts for pickleball.
Local leaders plan pitch for downtown casino, circle potential sites
Sources tell IBJ that tax revenue from a new casino could help pay for potential upgrades to Lucas Oil Stadium as well as a soccer stadium on the east side of downtown.
Abrupt crane bay demolition at former GM stamping plant site caught many off guard
It took only a five-line clause in the state’s August land sale to Elanco Animal Health to bring down what was left of a nearly 100-year-old crane bay along the western bank of the White River.
Surack made $15M offer for heliport before airport authority’s vote to sell property to city
Fort Wayne billionaire Chuck Surack made an offer to buy the Indianapolis Downtown Heliport at a 38% premium on the price the city has agreed to pay for the site.
White River State Park leader retiring ‘in coming months’
Terry Seitz, a former four-term mayor of Jasper, has informed Gov. Mike Braun of his plan to retire from the role of executive director.
Elevator Hill investors buy former Capitol City Fence property with historic building
Other new developments around the former Angie’s List campus include the purchase of a home at 1149 E. Market St. and the opening of a cafe and bake shop at 1008 E. Washington St.
Braun set to call lawmakers back to Statehouse for redistricting vote
Currently, seven of Indiana’s nine districts are represented by Republicans. Advocates of redistricting say that new maps could give the GOP a strong shot at all nine seats.
Shifts in college sports give law firm opportunities
A Fishers-based law firm that’s made a name for itself in college sports compliance is gearing up for big changes as federal lawmakers weigh sweeping reforms to how athletes are paid and how competition is governed.
Indy Fuel, Fishers Freight executive Larry McQueary to step down
McQueary has been president of the Hallett Sports & Entertainment-owned Indy Fuel hockey team since 2018 and became president of the Fishers Freight indoor football team when it was founded in 2024.
Fast-growing Bargersville eyes $59M apartment-and-retail project near downtown
Property that formerly housed the Bargersville Flea Market could serve as an entryway for a larger mixed-use district offering restaurants, retail and residential components.
Q&A: Holladay executive brings brokerage experience to development role
South Bend-based Holladay has several other major projects underway, including Pembroke Place, the redevelopment of the former Angi Inc. headquarters, and the conversion of Circle Tower into a hotel.
Airport authority plans nearly $11M sale of heliport to Indianapolis
The city’s interest in the property surged after it was told that Major League Soccer might want to locate a club downtown, with city officials pitching it as a location for a soccer-first stadium.
$40M war memorial, designed by local firm, finally under construction in DC
After a nearly 15-year journey involving one of central Indiana’s largest architectural firms, construction is finally underway on a memorial in Washington, D.C., that will honor veterans of the Gulf War.
Purdue plans to spend $70M for downtown Indianapolis apartment property
The market-rate apartment complex, which is almost fully leased, is a four-story, 400,000-square-foot property that occupies an entire city block.
White River State Park returns $30M crane bay grant to Lilly Endowment
A demolition ended plans to turn the crane bay structure into an events pavilion that could host farmers markets, weddings, corporate gatherings and other activities.
Colts ask to tear down building to create more surface parking
The team now owns at least 102 parcels exceeding 12.3 acres south of McCarty Street and north of Interstate 70.
Google officially withdraws plans for data center in Franklin Township
The request comes less than two weeks after the company informed the City-County Council that it intended to withdraw its proposal amid intense pushback from neighbors and some city leaders.
Owner of former Chef JJ’s Downtown restaurant lists building for $2.1M
Zoning changes or modifications to the building—including demolition—would require approval from the Indianapolis Historic Preservation Commission.