NBA All-Star Game in Indy canceled for 2021, but city gets honors for 2024
Plans for the All-Star Game and related festivities in February at Bankers Life Fieldhouse have been scrapped due to the COVID-10 epidemic.
Mickey Shuey
Articles
Entrepreneur plans restaurant, recreational project in Broad Ripple
A local entrepreneur plans to redevelop the former Broad Ripple Steakhouse restaurant site and an adjacent property into a multi-tenant dining concept and outdoor recreation area. The development would utilize numerous shipping containers in its design.
Local contractor’s plans for former HHGregg headquarters fall through
Indianapolis-based Deem LLC wanted to use the 28.6-acre campus on East 96th Street for its corporate offices and those of several affiliate companies.
Buckingham withdraws plans for $70M project along Indiana Avenue
A formal withdrawal of project plans was filed Friday, Nov. 20 with the city of Indianapolis, although no reason was offered.
Colts acquire 9 acres of parking properties south of Lucas Oil Stadium
The Indianapolis Colts spent at least $6.3 million to acquire the lots, most of which are vacant and have been used for game parking by third-party vendors since Lucas Oil Stadium opened in 2008.
Restaurants: Tighter rules would cause devastation
A surge in coronavirus cases has local restaurateurs fretting that public officials are on the cusp of imposing severe restrictions that they say will force hundreds of local eateries to close.
Bottleworks District announces four tenant openings beginning in December
Living Room Theaters plans to open in December followed soon after by YogaSix and GoodNeighbor, as well as a new coffee shop.
Apartments planned for low-income residents on 38th Street would raze blighted structures
The $10M project, known as Broadway Park Apartments, would include two buildings with a mix of one- and two-bedroom units, plus a community-minded ground-floor tenant such as a workforce readiness program or health clinic.
UPDATE: Indianapolis in talks to host every game of 2021 March Madness
The NCAA announced Monday it is in talks with city and state officials to play all 67 games in the Indy metropolitan area, in order to simplify logistics and limit potential exposure to COVID-19.
Maryland Street parking garage to be razed early next year
The 770-space parking structure at 121 E. Maryland Street is set to be torn down starting in March or April, according to a demolition contract approved by the Capital Improvement Board on Friday.
Sports Corp. ‘very close’ to bringing basketball bubbles to Indiana Convention Center
Visit Indy President and CEO Leonard Hoops addressed the topic Friday during the monthly Capital Improvement Board meeting, indicating there are tentative plans for up to three separate bubbles.
Protesters march through downtown—remaining peaceful—until rain disperses crowd
The protesters carried signs and chanted as they marched along Meridian, Pennsylvania and Michigan streets, calling for justice for 21-year-old Dreasjon Reed.
Drury drops plans to recast former Caribbean Cove property, will sell land
The now-vacant land quietly went up for sale in July. It’s now under contract along with Drury Hotels’ Pear Tree Inn at 9320 N. Michigan Road
Hotels’ vacancy woes cause debt headaches
With travel and convention business continuing to stagnate and COVID-19 cases on a steep rise, many properties find themselves scrambling for long-term loan solutions and pleading for help from lenders.
Home remodeling firm seeks bankruptcy after rough 2019
Indianapolis-based Unique Home Solutions Inc., a home remodeling firm known for a catchy television jingle featuring its telephone number, has declared bankruptcy after falling millions of dollars into debt.
No signs of unrest downtown as Election Day comes and goes
No instances of widespread vandalism or property damage in the city’s core had been reported as of midnight and most streets near Monument Circle were generally quiet.
Developer scales down plans for massive west-side project after neighbors object
Updated plans for Tremont Town Center call for nine buildings (compared to the original 14) with about 450,000 square feet of office and retail space, plus senior housing, market-rate apartments and row houses.
More downtown business owners prepare for possible election violence
Nearly one dozen downtown Indianapolis buildings and businesses have boarded up their windows and glass doors for Election Day, even though local law enforcement leaders and downtown officials aren’t expecting demonstrations that could spark vandalism or looting.
Retail center owner Kite reports 92% rent collection for third quarter
The Indianapolis-based real estate investment trust reported $65.1 million in revenue for its third quarter—an uptick of about $2 million from the previous quarter, but a drastic drop from the $75 million earned during the same period in 2019.
Shake Shack plans to open downtown location in 2021
The fast-casual burger chain has secured a third Indy-area location, this one on the first floor of a ritzy downtown apartment building nearing completion by the Mass Ave Cultural District.