Circle Centre owners commit to ‘transformative’ mall revamp
What’s next for the two city blocks that are now Circle Centre mall could start coming into focus over the next year.
What’s next for the two city blocks that are now Circle Centre mall could start coming into focus over the next year.
The disclosure of the group’s composition is the first since the mall opened in 1995, and comes about one week after Circle Centre Development acknowledged Simon Property Group’s exit.
The City-County Council on Monday saw the introduction of proposals to award developer-backed tax-increment financing bonds for a $60.8 million apartment development at the 16 Tech Innovation District, along with the $53 million redevelopment of the historic Stutz Motor Car Co. factory.
Despite Indiana’s economic development successes, industry experts say the state must do more to attract multibillion-dollar megadeals like ones other states have recently landed.
The remaining owners announced Friday that they were soliciting ideas for ways to redevelop the shopping center with an eye to multiple uses.
The city on Wednesday confirmed it has received an incentive application from Sojos Capital LLC for tax-increment financing but declined to provide additional details.
A pair of Southern California firms bought the properties—which total just over 1.1 million square feet—in a deal with Indianapolis-based Mann Properties LP that quietly closed in late 2021.
The Legislature is considering a bill that could give tourism groups statewide another tool in trying to lure dozens of additional events every year.
Sen. R. Michael Young, R-Indianapolis, is pushing a bill that would require the Metropolitan Development Commission to notify Marion County’s independent cities and towns before it considers tax abatements for development projects in each city.
To help support blue-collar workers, Meadows on Main will be income-restricted and serve individuals and families generally making 40% to 70% of the area’s median income.
Nearly two years into the pandemic, the agency that oversees the convention center, Lucas Oil Stadium and other sports venues has been able to pay its bills without layoffs or long-term facilities closures.
The college sports organization will begin formal meetings on Wednesday in downtown Indianapolis.
In the latest of a slew of projects planned by local developer Onyx+East, more than 50 units in the high $200,000s to the low $400,000s are planned by the trail’s intersection with 46th Street.
The Indiana Sports Corp. would be responsible for administering a grant program to disperse the funds, with the organization giving money to groups across the state as well as using a portion of the funding for its own bidding efforts.
Columbus, Ohio-based Jordan Hospitality Group recently acquired all 21 Indiana locations of Donatos Pizza, making it the pizzeria’s largest franchise partner in the country. Owner Ron Jordan says he plans to open as many as 10 more restaurants across the state over the next five years.
The buyer, who is based in Houston, has had multiple restaurants in downtown Indianapolis, including a Mo’s, A Place for Steaks, along with Nook and most recently Pomodoro.
Indianapolis Host Committee Chairman Mark Howell said he’d like to see the city in a regular rotation of College Football Playoff National Championship games.
Better weather meant that aerial dance group Bandaloop was able to perform off the corner of Salesforce Tower in a spot visible to fans gathered for the concert. The group’s performance had been canceled on Saturday when freezing rain hit the region.
The convention center is home to Playoff Fan Central—a free event featuring obstacle courses, photo opportunities, a store, food and drink and various other activities.
What does it take for a hotel to get ready to handle thousands of football fans? The JW Marriott’s Phil Ray explains.