Loftus Robinson confirmed plans this week to give up development rights to the unfinished Wilshaw hotel project in Speedway after numerous delays, but company Principal Drew Loftus said the firm’s redevelopment plan for a tower in downtown Indianapolis is still on.
A Georgia-based development firm said Monday it hopes to take the reins of the Wilshaw hotel project across from Indianapolis Motor Speedway, with hopes of completing construction by early 2023.
A little more than a year after stepping down from his role as Indiana University’s athletic director, Fred Glass has authored a book detailing his experience in the position.
Throughout its short tenure, the 139-room boutique hotel has managed to snag locals and out-of-town visitors through its connection to the larger Bottleworks District.
The 195-unit Meridian Towers Apartments on the near-north side of Indianapolis has been sold to an out-of-state development partnership that plans to renovate the property.
The second phase alone is likely to take about three years to build, with construction commencing in mid-2022 at a tentative cost of nearly $100 million. The total project cost is expected to push $300 million.
Local developer Onyx+East is seeking city approval for the project at 2060 Yandes St., which is expected to feature nearly 50 townhouses and four single-family units.
IBJ sat down with leaders of College Football Playoff Inc. and members of the local host committee to discuss the preparations underway to make the January game a reality.
Buckingham Cos. hopes to construct nearly 450 residences with a mix of single-family homes, townhouses and apartments on the property on East 96th Street.
BMW’s M Driving Experience Center will include a showroom, classroom areas, a conference room and direct access to the IMS road course.
Experts say whether the event yields results that revolutionize the driverless car industry or not, it is another feather in the cap for Indiana and likely to serve as a springboard for new jobs and investments in the state’s tech sector.
Indianapolis-based Landmark Properties plans to buy the five-story Center Township Trustee’s building, with an eye toward office and first-floor retail uses.
The NCAA’s efforts to address equity imbalances could lead to a joint championship site later this decade, with Indianapolis believed to be a likely contender for hosting such a spectacle.
Featuring an exterior of clear and light-colored glass, the building would replace the current headquarters of the American College of Sports Medicine while giving the group a new home.
Experts say the deal could be a boon if the annuity and life insurance firm manages to leverage the exposure in a manner that pushes the bounds of a traditional naming-rights deal.
The $35 million boutique hotel at 141 E. Washington St., at the corner of Delaware Street, will open in a remodeled 60,000-square-foot building that was constructed in 1969 for State Life Insurance Co. and was the home of local law firm Riley Bennett & Egloff from 2003 to 2019.
The development at 22nd Street would keep rents low for tenants while providing nearly free space for initiatives focusing on career building, mental health and substance abuse.
Developer Thompson Thrift, which began planning the $110 million development in 2015, sold the property in a deal that brokers said “attracted nationwide investor interest and achieved record-breaking pricing.”
The 18,000-seat venue downtown is now called Gainbridge Fieldhouse, thanks to a multiyear sponsorship deal between Pacers Sports & Entertainment and Indianapolis-based insurance holding firm Group One Thousand One LLC, the parent of Gainbridge Insurance Agency LLC.
Jim Irsay wants to share his memorabilia with the world—and he’s been having early conversations with Indianapolis and other cities about creating a museum to do just that.
