Photo Gallery: Phase 2 of Bankers Life Fieldhouse project well underway
The renovations are part of a three-phase $360 million project that tipped off in 2020.
Mickey Shuey
Articles
Center Township Trustee seeking $4M for Mass Ave building in strangely quiet bid process
The trustee’s office issued a request for bids for the five-story building in one of downtown’s most attractive locations, but several developers and key players in the area told IBJ they weren’t aware the property was available.
Roger Penske still committed to IMS vision
This Sunday’s revamped Brickyard 200 anchors a weekend that insiders say is sure to go a long way in furthering the motorsport mogul’s long-term strategy for the speedway.
Developer plans $150M apartment, retail and hotel project at 96th and Meridian
Indianapolis-based Landmark Properties Inc. is in the early stages of a redeveloping the Meridian North retail and office center, but its plans are already meeting some resistance from neighboring residents.
Kite Realty upgrades outlook after strong second quarter
Indianapolis-based Kite Realty Group Trust this week upgraded its outlook for the rest of 2021 after beating industry expectations with its second-quarter financial performance.
Across from Bottleworks, contractor planning kindred project in Jungclaus campus
The owner of several buildings across Massachusetts Avenue from Bottleworks plans to redevelop the property in a similar but limited fashion with courtyards, residential units and new office and retail space.
Colts not planning to require masks at home games
The Colts expect the fan experience to be closer to normal after 2020 season that saw strict crowd limits and fewer promotions and activities than those seen in a typical year.
Indianapolis International Airport adds nonstops, tries to attract more routes
The airport has added nearly 20 nonstop routes since the start of the year, a number that’s still shy of pre-pandemic levels but is a sign of recovery, at least in leisure travel.
Colts, city submit interest in hosting NFL draft, keeping combine in Indy
The submissions—which are forerunners to formal bids—detail the city’s interesting in hosting the NFL scouting combine from 2023 to 2027 and the the draft in either 2025 or 2027.
Colts, FanDuel partner on ticket deal as new bet-friendly spaces prepare to open
The Colts FanDuel Pass includes tickets to four preselected regular season home games, along with $25 per game in gaming credit for FanDuel’s sports book app.
Regional airline launching service from Indy with 3 routes
Contour Airlines initially agreed to launch the three nonstop U.S. flights in June 2020, but the pandemic grounded its plans.
Slow start for tourism pass turns to promising uptick
Visit Indy has seen an uptick in the popularity of its attraction pass this summer, after the tourism group added new locations, reduced the cost and added an option to bundle the pass with hotel rooms.
Indy’s hotel pipeline remains strong despite strains of pandemic
None of the projects in Indy’s central business district has definitively been canceled since the pandemic began, IBJ research has found. In fact, three new downtown properties have opened since last December, with another three scheduled to debut later this year.
Big acquisition gives Kite Realty Group new markets, more clout for future growth
But the real estate investment trust might also face pushback from investors, largely because the acquisition follows five years of offloading dozens of debt-heavy properties.
PHOTO GALLERY: Digital art space The Lume set to open at Newfields
The Lume, a permanent exhibition space engineered by Austrialia-based Grande Experiences, will feature 30 works by artist Vincent Van Gogh showcased through floor-to-ceiling projections.
Elanco’s $100M headquarters gets final funding approval from city
The project was given a final, and unanimous, approval by the city’s Metropolitan Development Commission—the last step necessary to allow the city to request the funds from the Indianapolis Bond Bank.
UPDATE: Martin University sorting out real estate issues, preparing to draft strategic plan
The liberal arts school is taking a comprehensive look at its campus on the northeast side with an eye toward making it safer, streamlining traffic flow and anticipating future needs.
Incentives for multifamily project approved by council committee
The development, called 1202, would feature 105 units on a 1.1-acre parcel on the near-south side, with at least one-fifth of the units reserved for individuals making up to 80% of the area’s median income.
Subdivisions push back against home sales to rental firms
At least 200 homeowner groups in central Indiana have modified their subdivision covenants in the past five years to limit rentals—a number that is based on the work of just one law firm.
Parks department plans to buy Broad Ripple community center after construction
Indy Parks said Tuesday that it expects to spend more than $20 million to acquire the 40,000-square-foot facility and avoid shelling out nearly $1 million per year as part of a long-term lease agreement.