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.
Mickey Shuey
Articles
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.
Developer to start work on Broad Ripple Park community center
Indy Parks is expected to lease at least 25,000 square feet in the building for 30 years.
New downtown restaurant to pay tribute to Hulman family
The Hulman restaurant is the result of a partnership with the IMS Museum, which holds rights to Tony Hulman’s name and likeness.
Indy is working to hold onto Combine even as NFL seeks other suitors
The league’s decision to invite other cities to bid to host its Scouting Combine didn’t come as a surprise to local leaders, and it gave them a head start on designing a bid that could keep the Combine in town beyond 2022.
Traders Point Church moving ahead with north-side Marsh renovation after delay
Traders Point first announced plans for its Midtown campus in January 2020, a few weeks after it closed on its $7.6 million purchase of the Marsh store east of Broad Ripple.
Workers are coming back downtown—but not all will be there full time
Some large downtown employers say they expect most or all of their workforce to return to the office full time. Others say they’re adopting hybrid models that offer employees the option to work remotely at least part of the time.
Owner of former Anthem HQ exploring converting some space to parking
As the downtown office market enters a post-pandemic period of volatility, the owner of the 213,600-square-foot building on Monument Circle is studying the cost of renovations to make it more alluring to would-be tenants.
F.C. Tucker Co. acquired by regional residential real estate giant
The largest and oldest residential real estate brokerage in Indiana has been acquired by Pittsburgh-based Howard Hanna Real Estate Services, the biggest independent brokerage in the United States, the companies announced Tuesday morning.
Rolls-Royce confirms plans to consolidate downtown office space
Citing multiple sources familiar with the project, IBJ first reported on the company’s overall plans June 17. Rolls-Royce said Monday that it does plan to vacate two of the three buildings at the Meridian Center campus, but said it would continue to occupy a different building than earlier reported.
Long-neglected parcel in northwest Indy soon to be filled with houses
Local firms Apex Realty Group LLC and Arbor Homes have partnered to build at least 60 houses on the property at the southeast corner of West 79th Street and Michigan Road, as part of a phased buildout for the development known as Augusta Heights.