Leader of IndyCar series, IMS staying on ‘indefinitely’
Mark Miles, who has led Hulman & Co. since 2012, said: “We have the opportunity now to try to take it to a whole other level. I’ve had no thought of doing anything else.”
Mickey Shuey
Articles
NCAA moves early-round basketball tourney games to Indy in 2022
The games had been scheduled for Cincinnati, but the NCAA said the city needs time to complete renovations of its arena.
Ambrose plans new Plainfield industrial park, $50M first building
The 189,000-square-foot first building is one of four planned by Indianapolis-based Ambrose Property Group at its new Plainfield Logistics Center.
Boston firm buys 10 industrial buildings for $62 million
Plymouth Industrial Real Estate Investment Trust said Tuesday that it acquired the nine-building Shadeland Commerce Center and a 353,000-square-foot building at 7901 W. 21st St.
IMS tabs medical transportation company as title sponsor for Grand Prix
The Indianapolis Motor Speedway announced Tuesday that it has struck a multi-year naming rights deal for the Grand Prix of Indianapolis.
East-side apartment complexes sold for nearly $26M
The complexes are expected to receive upgrades from their new owners—one of which has collected three other apartment properties on the east side in the last four years.
Big Ten football title game draws near-record crowd
The contest was only the second deemed to be a sellout by the Big Ten in the title game’s history. The other came in 2015 when Michigan State played Iowa in a battle that featured two teams ranked in the top five.
Apartment-building blitz reshapes Broad Ripple
Broad Ripple is wrapping up a prolific six-year stretch during which developers have spent more than $125 million to bring nearly 800 new apartments to the neighborhood.
16 Tech chooses partners for new Innovation Hub ventures
The chief executive of 16 Tech told a city board Wednesday that the district plans to partner with an East Coast firm to create a startup incubator and flexible office space at the campus’ Innovation Hub.
South Meridian condo project gets approval to move forward in phases
The Indianapolis Historic Preservation Commission on Wednesday voted to approve changes to the design and construction timeline for a downtown condominium project planned along South Meridian Street.
Judge: City can’t use eminent domain for Waterside during legal fight with Ambrose
The city of Indianapolis was told Wednesday by a judge that it can’t begin eminent domain proceedings on the former GM stamping plant site until its ongoing legal dispute with development firm Ambrose Property Group has been resolved.
Estridge plans 17 townhomes in historic Old Northside neighborhood
According to filings with the city, the project would consist of 17 two-story town houses over two blocks along East 16th Street.
Stakeholders consider Lafayette Square redevelopment possibilities
The mall’s proposed sale is considered by industry experts to be welcome news for a lower-income neighborhood trying to make a comeback.
UPDATE: Tech-staffing firm eyes Broad Ripple for new office-apartment HQ complex
Sources said Eight Eleven Group is hoping to build a five-story office building, an adjacent four-story apartment structure and an underground parking garage where 200 to 250 people will be employed.
Fever name longtime WNBA assistant as head coach
Marianne Stanley, 65, is a member of the Women’s Basketball Hall of Fame who won an NCAA title in 1985 and was WNBA coach of the year in 2002.
Neighboring east-side hotels sold for $30.5M to Los Angeles firm
The three hotels at the intersection of Interstates 70 and 465 have nearly 500 rooms between them. The largest, a Marriott that serves as an overflow hotel for big downtown events, is slated for a renovation that could run between $10 million and $20 million.
Scotty’s Brewhouse founder Wise joins CBRE as retail broker
Scott Wise, who founded the once-flourishing Scotty’s Brewhouse restaurant chain, starts Tuesday at CBRE’s Indianapolis office, joining a team of 12 brokers in the office’s retail division.
Ambrose, city likely to spend years in court over GM site development
Negotiations could be difficult, given that both sides have strong arguments, legal experts say.
Colts plan to hike prices for some season tickets, lower others
The average season-ticket price for 2020 will rise 2.9 percent, according to the Indianapolis Colts, but about two-thirds of the tickets will be priced the same or less.
Initial design unveiled for new $20M Broad Ripple Park family center
The project—part of a $70 million master plan for the park approved last year—is expected to feature a 40,000-square-foot building in place of the existing park center.