Fountain Square residents want to rein in CBD retail development
Neighborhood leaders want a mechanism in place that allows them to provide public comment when the next smoke shop owner wants prime real estate in Fountain Square.
Downtown
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Downtown hotel to debut in historic building after 6-year overhaul
IBJ first reported on plans for the project in August 2018, when Columbus, Indiana-based firm Everwood Hospitality Partners said it would spend $15 million to transform the vacant 133-year-old property.
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City, developers unveil plans for City Market’s western plaza
Gershman Partners and Citimark plan to collaborate on the overhaul with the City of Indianapolis, which will spend about $15 million to improve the Indianapolis City Market’s western plaza with green space, outdoor seating and an indoor-outdoor cultural exhibit centered on the underlying Indianapolis Catacombs.
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It’s ‘game over’ for Tilt Studio arcade at Circle Centre Mall
Closure of Tilt Studio arcade follows exit of Regal UA Circle Centre movie theater on the fourth floor of Circle Centre Mall.
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Windsor Jewelry to close, ending 105-year run in Indianapolis
Originally an Illinois Street storefront that opened in 1919, Windsor Jewelry moved to Meridian Street just south of Monument Circle in 1970.
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Articles
Most of remaining catacombs will be exposed as part of City Market plaza overhaul
The $15 million project, a collaboration between the city and Indianapolis developers Gershman Partners and Citimark, is tentatively expected to daylight about 13,500 square feet of the catacombs on the southern portion of the plaza.
ParkIndy to increase hourly rates at meters downtown, in Broad Ripple
The new rates will go into effect Feb. 2.
Q&A with Catherine Esselman on reimagining real estate
Esselman spoke with IBJ about her experiences running a solo firm and why she loves finding tenants for underused spaces.
2024 Year in Review: Indy implements downtown tax
The economic enhancement district is projected to raise $4.65 million a year in taxes to pay for downtown-focused improvements and programs and fund the operating costs of a low-barrier homeless shelter planned on the southeast side of downtown.
2024 Year in Review: City sees key development projects start or advance
More than $8.5 billion in development is underway across downtown, with more coming as projects in their earliest stages wind their way through the planning process.
City makes request to acquire downtown heliport as part of proposed stadium district
The Indianapolis Airport Authority is expected to consider the deal Friday during its monthly board meeting, although no sale would be finalized until the heliport is fully decommissioned.
Pair of apartment projects in works along MLK in downtown’s northwest quadrant
The developments, known as The Kennedy and The Chloe, will offer market-rate and workforce housing options for residents near IU Indianapolis and IU Health’s $4.3 billion hospital campus.
Regal UA Circle Centre movie theater closes after 29 years
The nine-screen complex on the fourth floor of Circle Centre Mall served as one of the shopping center’s original attractions.
Taylor Swift updates: End of final show in Indy; more photos; celebrities among Swift fans
IBJ is covering Taylor Swift’s three-day visit to Indianapolis and the 200,000-some fans expected to converge on the city to attend (or try to find tickets to attend) one of the concerts at Lucas Oil Stadium. Check back regularly for updates.
Swift fans say city’s efforts to impress have succeeded
Some 200,000 people were expected to be downtown for three Taylor Swift shows, and tourism officials have used music performances, activities and Swift-related decor to encourage them to return to the city.
Count Indianapolis hotels and restaurants among fans of ‘Eras Tour’
In a year that’s included the NBA All-Star Game and U.S. Olympic swimming trials, Taylor Swift’s concerts are generating comparable business.
Q&A: Architect Stephen Alexander talks about Stadium Village
The longtime architect said he wants to see the neighborhood replicate a sort of Olympic Village surrounding Lucas Oil Stadium. He talked to IBJ about the progress he believes the neighborhood has made toward that goal.
Indianapolis-based Remodel Health moves to larger downtown offices after staff doubles in size
The tech-based health care benefits firm has earned spots on three of IBJ’s last four lists of fastest-growing private companies, reporting $14.8 million in 2023 revenue and 122.8% revenue growth from 2021.
White River State Park reveals plans for $65M expansion on stamping plant site
The park will expand into 15 acres between the White River and Elanco Animal Health’s new headquarters and will include an event pavilion to be developed inside the remnants of a former crane bay that had been part of the original stamping plant.
Q&A: Purdue’s Dan Hasler says first semester in Indianapolis after split is promising
On July 1, IUPUI was split into Indiana University Indianapolis and Purdue University in Indianapolis. Purdue’s Indianapolis venture is an extension of the West Lafayette flagship campus, meaning students can study at both campuses throughout their time at Purdue.
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.
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.
Methodist Hospital to come tumbling down after IU Health opens new hospital
When the hospital opened its doors in 1908, Theodore Roosevelt was in the White House. It is being replaced by a $4.3 billion hospital project directly to the south.
Indianapolis tax district board taking shape with two more proposed appointments
The Indianapolis City-County Council plans to vote in the coming weeks to add two women to the board that will oversee the management of a new tax focused on improving downtown’s cleanliness, public safety and homelessness situation.