IMS plans new building for driving experiences, non-race events
BMW’s M Driving Experience Center will include a showroom, classroom areas, a conference room and direct access to the IMS road course.
Mickey Shuey
Articles
Challenge brings teams to IMS to showcase driverless vehicle tech
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.
Developer puts Mass Ave office building across from Bottleworks under contract
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.
Should men’s and women’s Final Fours be held in the same city, same weekend?
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.
Shimmering hotel, office center planned along downtown’s Canal Walk
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.
Fieldhouse deal should boost Indy-based Gainbridge’s profile
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.
Here’s a peek at downtown’s newest hotel before it opens in October
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.
Group tackling housing affordability on near-north side with $15.5M apartment project
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.
Fishers District retail area, apartments sold to Chicago firm in ‘landmark’ deal
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.”
Pacers announce deal that puts a different insurance company’s name on fieldhouse
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.
Is Irsay pop-culture collection Indy’s next museum?
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.
Developers planning $50M-plus, 279-unit apartment complex for 16 Tech
Expected to be a key component of 16 Tech’s live-work vision, the apartment project will include a mix of studios and one- and two-bedroom units.
Indy-area industrial market continues growth at record pace
More than 22 million square feet of space is already under construction, with some brokerages estimating several million more will break ground by the end of the year.
City explores future of its downtown buildings
Officials are taking a fresh, hard look at municipal-owned real estate as part of a larger effort to repurpose several sites that will be largely vacated as agencies move to the Community Justice Campus.
Colts ink another deal for stadium space with sports gambling partner
As part of the deal, the West Club at the stadium will be renamed the WynnBet Club—a 21-and-up sports bar on the club level.
Colts ink fresh deal with Caesars for stadium space geared toward gamblers
The Caesars Sportsbook Lounge replaces the former Blue Room as a place in Lucas Oil Stadium where patrons 21 years and older can go to see games in progress on TVs and view live odds while they place bets from their phones.
Prodigy Burger Bar, breakfast concept to take former Scotty’s space on 96th Street
The restaurants are set to open in early 2022, following a $1 million renovation of the property by restaurant group O’Reilly Holdings LLC, which owns both concepts.
Gen Con returns to Convention Center for first time since 2019
The massive gaming event is expected to draw upward of 40,000 people to downtown Indianapolis from Thursday through Sunday, marking the largest convention the city has hosted since before the coronavirus outbreak.
Meridian Hills apartment complex sells for $26.5M after 55 years with same family
The new owner plans to make a significant investment in improvements that likely will drive up rents that have languished of late.
Basic updates for repurposing of City-County Building would cost more than $35M
City officials on Monday released a long-anticipated request for developers to submit ideas for reuse of the 28-story Indianapolis City-County Building, along with studies that show it would take more than $35 million in basic upgrades to repurpose the structure.