The NCAA on Thursday announced plans to conduct both the Division II and Division III men’s basketball championship games and the semifinals and final of the National Invitational Tournament in Indianapolis, in conjunction with the Division I men’s Final Four.
The 746,672 square-foot Sephora facility is a build-to-suit project that will occupy the entire acreage assembled by VanTrust for Avon Landing’s second phase.
As part of the request, TWG is pledging to make 41 of the 270 units available to individuals and families making up to 70% of the area’s median income.
Indianapolis-based Pure Development has developed more than 35 real estate projects nationally and has a contract with the Indiana Economic Development Corp. to lead efforts on the LEAP Lebanon Innovation and Research District.
Indianapolis-based TWG Development LLC now says it will cost as much as $264 million to overhaul the historic building and build a 32-story apartment and hotel tower on a lot directly to its north—an increase of nearly 90% from the original budget.
The 34-story hotel’s facade has frequently been used to promote numerous local events and teams, but the 205-foot-tall Clark graphic for Gatorade marks the first obvious product advertisement on the building.
Indianapolis has hosted the organization’s national convention four previous times, most recently in 2019.
Since it was completed in 2018 at a cost of $120 million, the tower has become one of the city’s priciest residential properties, with an average rent of $2,365 per month, or $2.58 per square foot.
While speculation abounds on the potential involvement of the Simon family, in particular, Indianapolis Mayor Joe Hogsett has been silent about his knowledge of who might be part of the deal.
The two organizations reached an agreement announced Monday that will bring a trio of top-rung WWE events to Indianapolis over the next eight years.
With funding plans for a proposed soccer stadium clearing another hurdle this week, Indianapolis leaders, developers and brokers are beginning to evaluate the impact such a project could have on the near-east side of downtown.
The city and the Capital Improvement Board of Marion County in the coming weeks will convene with the prospective MLS investor group to begin early design work for a stadium on the downtown heliport property.
The study conducted by Temple University’s Sports Industry Research Center determined the Feb. 14-18 event resulted in $290.7 million in direct and indirect spending, as well as more than $112.6 million in earned media value.
The approval of the taxing district now allows the Hogsett administration to request authorization from the State Budget Committee—a step required because the funding plan relies on up to $9.5 million per year in state taxes.
The city has hired a Canadian company that helped relocate remains during the Indianapolis International Airport terminal project.
The deal is expected to run at least eight years and will include Royal Rumble in 2025, WrestleMania, which has taken place in Indianapolis only once before in 1992, and SummerSlam.
The U.S. Olympic Swim Trials in Indianapolis set an indoor attendance record and saw 10 swimmers with ties to Indiana qualify for the Olympics in Paris. Here’s a look:
The 2024 U.S. Olympic Swim Trials in Indianapolis have already set two single-night indoor attendance records over the past week. Next is the overall event record set in Omaha in 2016.
World Wrestling Entertainment is close to an agreement with the Indiana Sports Corp. to present several events in Indianapolis over the next few years—including its flagship WrestleMania, Royal Rumble and Summerslam shows—according to sources familiar with the deal.
The agreement with the airport authority comes as the organization moves forward with plans to decommission the Indianapolis Downtown Heliport, where IU Health’s LifeLine transport operations for the city are based.
