Indy-area developer Drew Loftus sues partner for company records
Drew Loftus, a principal with Silverstone Development LLC, claims he has not had access to the company’s offices, calendars, communications or financial records since May.
Mickey Shuey
Articles
Glut of development creates challenges in finding subcontractors
While contractors have so far been able to keep up, the strain could get worse next year and beyond.
Indianapolis Cultural Trail plans headquarters expansion
The not-for-profit that manages the Indianapolis Cultural Trail has launched a $2 million fundraising campaign to support the acquisition of its headquarters at 132 W. Walnut St. and an adjacent building to accommodate the expansion plan.
Real Estate Weekly: Sept. 24, 2024
The following information was published on Sept. 24, 2024, in IBJ’s Real Estate Weekly e-newsletter.
Real Estate Weekly: Oct. 1, 2024
The following information was published on Oct. 1, 2024, in IBJ’s Real Estate Weekly e-newsletter.
Real Estate Weekly: Oct. 8, 2024
The following information was published in IBJ’s Real Estate Weekly e-newsletter on Oct. 8, 2024.
Central Indiana’s largest office park secures new loan, additional investment
More than $36 million already has been invested into the campus over the past eight years, with updates to building systems, indoor and outdoor amenities, lobby spaces, restrooms and facades.
Wings exec named as new Indiana Fever GM; Lin Dunn to become adviser
The move comes just two weeks after the team announced longtime executive Kelly Krauskopf would return in the role of president of business and basketball operations.
City commission approves abatement for Angi building apartment conversion
Plans for the 180-apartment project also call for an entertainment commercial tenant for 18,000 square feet on the second floor and a white box retail space on the west side of the first floor.
Lilly to invest another $4.5B in Lebanon site for new ‘medicine foundry’
The new funding, for an advanced manufacturing and drug development center, will bring the Indianapolis-based drugmaker’s total investment in the Boone County site to more than $13 billion.
Owner of former Anthem HQ lists building on Monument Circle for sale
Listing the property for sale is a marked change from a years-long strategy of only looking for tenants to lease the sprawling, 213,600-square-foot office building.
Meeting and Event Planning Guide: Q&A with Visit Indy’s CEO
I think 2024 is an example of all the things that make Indy special, coming together all at once.
Meeting and Event Planning Guide: Construction on event, convention developments picks up
No fewer than three facilities focused on entertainment and tourism are expected to open in downtown Indianapolis by the end of 2027 while two others, in Noblesville and Fishers, are scheduled to debut by next summer.
Noblesville, Westfield lead the effort for sports district changes
The cities are set to ask state lawmakers to change the rules that govern how and when cities can benefit from taxes generated by sports-related projects.
Holladay Properties plans $21.4M conversion of downtown Angi building
The South Bend-based developer plans to convert the 12-story Angi Inc. headquarters on East Washington Street in downtown Indianapolis into a 180-unit apartment building.
IPS seeking new suitors for John Marshall High School after city withdraws
The Department of Metropolitan Development quietly withdrew its offer to buy the building over the summer after determining needed improvements would make make the project a larger—and more expensive—challenge than anticipated.
Krauskopf returning to Fever as president after six-year stint with Pacers
Kelly Krauskopf led the Indiana Fever from 2000 to 2018 and built the team into one of the league’s most successful franchises, with 13 postseason appearances and three WNBA finals berths in seven years.
Indiana seizes on opportunities with women’s sports
More than five months after the Indiana Fever drafted Caitlin Clark at No. 1 overall in the WNBA draft, local sports and tourism leaders are eager to further grow the state’s role in women’s sports.
Women-focused $98M sports campus in Indiana to include VIP leadership
The 120-acre project features the involvement of outgoing Indiana Fever President Allison Barber, former Fever star Tamika Catchings and Suzy Kolber, a former anchor and analyst for ESPN.
Airport planning $47M solar canopy for parking lot
The project, which would see the construction of a new solar-covered canopy over a portion of a lot south of the airport’s parking garage, is expected to generate about 10% of the terminal’s total energy needs.