Q&A with Gavin Thomas, Bottleworks project chief
Gavin Thomas, 43, joined Wisconsin-based Hendricks Commercial Properties in August after five years working in development at Kite Realty Group Trust.
Gavin Thomas, 43, joined Wisconsin-based Hendricks Commercial Properties in August after five years working in development at Kite Realty Group Trust.
Visit Indy, which isn’t involved in the Pan Am negotiations, is in “somewhat of a holding pattern until we have the exact details finalized and presented to us,” Vice President Chris Gahl said.
The IHPC voted unanimously to green-light construction plans for converting the King Cole building into a hotel, along with a new penthouse on the roof of the 11-story building suited for a restaurant or bar.
Indianapolis-based mechanical contractor R.T. Moore Co. Inc. expects to create 40 jobs as part of the project, with average wages of about $32 per hour.
The Indianapolis-based firm on Tuesday broke ground on a $78 million, 508,104-square-foot building—the first of four planned structures as it shifts focus to industrial development.
Roger Penske—whose Penske Corp. is buying Hulman & Co. and its racing operations—said he’d also like to bring a third car manufacturer to IndyCar and maintain IMS’s relationship with NASCAR.
A deal that will make Penske Corp. the owner of Indianapolis Motor Speedway and the IndyCar Series received overwhelmingly positive reactions from motorsports insiders on Monday morning.
The university plans to debut the first phase of its Esports and Gaming Lounge project in late November—an 800-square-foot space inside Atherton Union. It will feature 16 gaming PCs and a small gaming console area.
The red-hot Indianapolis industrial real estate sector is nearing all-time records in vacancy, construction and absorption, newly-released market reports obtained by IBJ show.
Pacers Sports & Entertainment hopes to pin down a new multimillion-dollar sponsorship deal before the first phase of a $360 million renovation to the venue begins next summer.
The offer came during a 40-minute meeting at Ambrose’s headquarters on Monument Circle, at which the two sides discussed their ongoing dispute over the city’s insistence that it acquire the 91-acre property, using eminent domain if necessary.
Ambrose Property Group says it intends to accuse the city of slander of title, defamation, tortious interference, fraud “and any and all other relevant tort claims.” The city contends it has acted properly.
Third Street Ventures has received permits for nonstructural interior demolition of the former fire station near 56th and Illinois streets, but it hasn’t yet firmed up the building’s commercial use.
A City-County Council Committee on Monday recommended approval of a new tax-increment financing district for the Twin Aire neighborhood, which could lead to development opportunities in an area that will soon be home to the city’s new criminal justice complex.
The Indianapolis-based developer asked the city for an increase of more than $10 million to its incentive package. But following meetings and email exchanges, city officials rejected the request, calling it “not feasible.”
A host of big-name restaurants has closed downtown over the past year amid financial struggles and disappointing sales.
Ambrose Property Group said it still plans to find a buyer for the former General Motors stamping plant site, despite an ongoing—and escalating—dispute with the city of Indianapolis about control of the land.
Members of the Indianapolis Historic Preservation Commission on Thursday said they would be hesitant to support the design for the proposed $60 million, addition. One even called it a “brutal proposal.”
A longtime Carmel-based heating, cooling and plumbing company is relocating its headquarters to an industrial building it purchased in Lawrence.
Milestone Contractors LP received approval for incentives from the city of Indianapolis tied to an effort to build a 25,000-square-foot office building and 52,000-square-foot garage in Beech Grove.