
UPDATES: Mayor announces times for Friday, Saturday curfews; IFD got 3,112 calls over weekend
Get the latest news on protests in the Indianapolis area against police violence in this ongoing series of updates available outside IBJ’s paywall.
Get the latest news on protests in the Indianapolis area against police violence in this ongoing series of updates available outside IBJ’s paywall.
Several business owners in the city’s central business district and others along Massachusetts Avenue have enlisted staff members and local artists to paint murals and messages on the plywood covering the facades of riot-damaged buildings.
The lot in the Herron-Morton Place Historic District was slated several years ago for a new gas station, drawing fierce opposition from nearby residents.
Thousands of protestors coalesced downtown late Saturday afternoon in a continuation of protests of police violence and social inequality that on Friday resulted in widespread vandalism.
The comic and popular-culture convention was expected to draw about 40,000 people downtown to the Indiana Convention Center.
Indianapolis restaurants got a much-needed boost during the Memorial Day weekend, as in-person dining services resumed for the first time in more than two months—at least on an outdoor basis. But dining numbers paled in comparison to a year ago.
Englewood Community Development Corp. has partnered with Living Word Baptist Church to redevelop a parcel directly across from the church into a 15-unit apartment community.
The mall shopping experience is far different than it was before the pandemic began in March—and it’s likely to stay that way for a while.
The development firm, which is in a legal dispute with the city over the property’s future, said the request followed “frequent requests for industrial space closer to downtown” by prospective buyers and tenants.
Project negotiations on the massive two-hotel and convention center expansion project were temporarily sidelined in March to allow the city time to deal with the coronavirus pandemic.
The Indianapolis Parks Department has preliminarily agreed to pay nearly $1 million per year to lease space in a new family center planned for Broad Ripple Park.
Gen Con—the single-largest event the Indiana Convention Center hosts on an annual basis from an economic impact standpoint—will become an online event this year. Organizers said the social nature of the gaming event made it impossible to hold in-person.
The Michigan-based firm intends to develop 20 condos and 15 townhomes on parcels near the nexus of the Holy Cross, Arsenal Heights and Woodruff Place neighborhoods.
A local hotelier expects to lose more than $20 million from declines in travel tied to the coronavirus pandemic, according to a lawsuit filed against its insurer earlier this month.
Experts say hotels of all sizes are under tremendous stress as revenue for many falls below the levels needed for debt payments.
Real estate sources told IBJ the land likely would sell for at least $1 million per acre because of its proximity to the heart of downtown, where sizable redevelopment opportunities are scarce.
CEO David Simon said the company is continuing to work closely with its tenants but declined to discuss how it is assisting those that have faced financial strains from limited or diminished operations.
The local tourism industry is bracing for a “very tough” end to 2020, despite efforts to reopen the state by July 4.
Plans call for replacing the existing curtain wall on the 20-story office building with “crystal gray” panes developed by Minnesota-based architectural glass fabricator Viracon.
The Indianapolis-based real estate company reported a 16% year-over-year drop in revenue during the first quarter as many tenants sought rent deferrals to weather pandemic-related business shutdowns.