Soccer stadium funding plan relies on development pipeline
More than half of the expected developments within the district the city has designated as a professional sports development area, or PSDA, have yet to break ground.
Mickey Shuey
Articles
Potential water project poised to deliver 25M gallons a day to LEAP District, Lebanon
The new project would involve Citizens Energy likely tapping into water systems in Westfield and Whitestown to sell the resource to Lebanon Utilities for the city’s growing needs, though discussions are ongoing, officials said.
WNBA picked Indy as All-Star host after last-minute conflict for another city
In mid-June, senior WNBA staff told Pacers Sports & Entertainment that the chosen location for the 2025 All-Star Game was in flux, creating an opening for Indianapolis.
WNBA officially names Indianapolis as host for 2025 All-Star Game
The game will be played at Gainbridge Fieldhouse and—thanks to No. 1 draft pick Caitlin Clark—comes amid a massive spike in interest both for the Indiana Fever franchise and the league as a whole.
Report: Indianapolis named host of 2025 WNBA All-Star Game
Indianapolis hosted the NBA All-Star Game in February, which would make the WNBA pick for next year’s event only the third time since the league’s founding in 1999 that a city has been named as host of both midseason events in back-to-back years.
Condoleezza Rice to speak in Indy as part of Economic Club series
Former U.S. Secretary of State Condoleezza Rice is scheduled to participate in a discussion with Mitch Daniels, the former Indiana governor and Purdue University president.
USPS revving up operations in new, 1.2M-square-foot distribution hub on former Navistar site
The United States Postal Service could consolidate some of its Indianapolis facilities into a massive regional distribution hub opening later this year on the city’s east side, occupying land that formerly housed a Navistar plant for many decades.
IMS Museum eyes major haul for endowment by auctioning off 11 valuable vehicles
The museum has partnered with Ontario-based auction house RM Sotheby’s to take the cars to market in a move that could bolster the organization’s $10 million endowment with an additional infusion of $100 million or more.
Roof issue at Lucas Oil Stadium resolved, CIB says
The retractable roof at Lucas Oil Stadium has been repaired after a system malfunction prevented it from opening for the Indianapolis Colts’ preseason opener Sunday.
Historic commission signals support for $312M downtown hotel and entertainment venue project
Members of the Indianapolis Historic Preservation Commission on Wednesday mostly praised plans to redevelop the site of a century-old railroad servicing building across the street from downtown’s Gainbridge Fieldhouse.
New report shows soccer stadium taxing district could generate $2.1B over 32 years
Of the $2.1 billion in taxes expected to be generated through the district from 2025 to 2056, about $1.7 billion would come from state income and sales and use taxes, the report says.
Developer tearing down six-story building by Glendale to build retail, office project
Demolition already has begun on the 56-year-old office structure, which was purchased out of foreclosure for $1.59 million. The developer envisions restaurant, retail and medical office tenants that will vibe with continued redevelopment along the Keystone corridor.
Sold-out Gen Con attendance eclipses 71,000 as convention eyes further growth
Gen Con, a tabletop gaming convention that has been held in Indianapolis since 2003, featured more than 540 exhibitors and 24,000 distinct events during its run at the Indiana Convention Center, Lucas Oil Stadium and a handful of downtown hotels from Aug. 1 to 4.
Simon family expands footprint near fieldhouse
For decades, Herb Simon’s downtown investment focused on owning Pacers Sports & Entertainment and managing Gainbridge Fieldhouse. But in recent years, Simon and his family have expanded their investments and holdings in downtown’s Warehouse District.
Several new things to try at this year’s Indiana State Fair
With 15 new activities, more than 40 new food or drink items and nearly 20 musical artists making their debut this year, there’s plenty new to see and do, even if you’re a state fair veteran.
Big Ten selects Indianapolis for upcoming men’s, women’s basketball tournaments
Indianapolis has hosted the Big Ten’s men’s basketball tournament 13 times and the women’s tournament 25 times over the past 30 years.
Demolition of downtown’s Jail I set to begin in October
A request for proposals from developers for the 2-acre site is expected to be issued in 2025.
MLS commissioner: Indy doing ‘everything right’ in bid to join league
While Mayor Joe Hogsett said he hopes to work with a prospective investor group to file an application by the end of the year to join Major League Soccer, Commissioner Don Garber said Wednesday he considers the process to be in its infancy.
Hogsett ‘optimistic’ about MLS expansion bid efforts after informal meetings
Indianapolis Mayor Joe Hogsett, who was in Columbus, Ohio, on Tuesday for events related to the Major League Soccer All-Star Game, spent time with several team investors and operators, as well as multiple league executives.
Local firm laying groundwork for retail, hotel complex along Southport Road by I-69
The project is expected to include existing and new-to-market restaurant concepts occupying lots ranging from 1 to 2 acres.