It’s a challenge hitting urban centers across the United States. Downtown office buildings are seeing their values plummet and vacancy rates climb due to space consolidation and a continued hesitancy toward renewals and new leases following the pandemic.
The temporary public park that occupied a quarter of Monument Circle for four months last year is coming back for longer stay this summer in a slightly different location.
The $101 million project at 17 W. Market St. will include 170 rooms and a rooftop bar with views of the Soldiers and Sailors Monument. The opening will come some five years after Keystone first proposed the hotel.
The violence took place near the intersection of Illinois and Maryland streets, in the vicinity of numerous restaurants and other businesses.
Purdue University has its sights set on turning some mostly underdeveloped land on the northeastern portion of IUPUI into the heart of its new Indianapolis satellite campus.
A 23,000-square-foot Burlington department store is expected to open this fall in the lower level of Claypool Court in space previously occupied by the Rhythm! Discovery Center.
Indianapolis’ planned Mile Square economic enhancement district will likely operate from a smaller tax pool and with a majority state-appointed board under state legislation.
Leaders of the Capital Improvement Board of Marion County, which operates of the stadium and Indiana Convention Center, want control of the parcel to guarantee adequate space for storing semis and staging events as the city’s sports and tourism industry grows.
The bill, now headed to Gov. Eric Holcomb for consideration, would let some property owners opt out of paying the tax and cap the revenue but let the city expand the district.
The downtown location of Harmony Steakhouse, which is expected to feature modern interior design, will occupy nearly 7,550 square feet on the first floor of the building, as well as 1,200 square feet of patio space.
A $7 million, three-phased relocation project will move more than 600 employees across several city agencies from various rented spaces to either the City-County Building or the new Community Justice Campus, on Southeastern Avenue.
An Indiana Senate committee on Tuesday adopted an amendment to a bill originally aimed at disbanding the recently-created Mile Square economic enhancement district, essentially keeping the designation in place, but with several changes.
Zeller Property Group, which purchased the 648,000-square-foot property in 2018 for $63 million, has spent more than $18 million to revamp the property. But its occupancy rate is just 61%.
NBA All-Star Weekend kicked off Wednesday with a Tip-Off celebration, Q&A with NBA Commissioner Adam Silver and the first looks at the Crossover fan event.
The city was joined by Indy Chamber and City-County Council President Vop Osili in opposing a proposed county-wide tax provision that would replace the downtown tax district.
Workers continued hanging banners and organizing retail and event spaces downtown on Sunday in advance of All-Star Weekend, which kicks off Thursday and runs through the All-Star Game on Feb. 18.
See how to find the larger-than-life basketball murals and learn why the projects were meaningful to the artists.
Three Indianapolis designers, along with designers from New York and Los Angeles, will participate in the “Indy Noire” fashion show Feb. 15 at the Indiana Roof Ballroom as part of the NBA All-Star Weekend.
The program, which runs through Feb. 18, allows consumers to visit participating businesses and other locations around the state, accumulating points that they can then redeem for NBA-related prizes.
Brokers are filling vacant retail spaces with corporate parties, personal events and an assortment of fan-focused pop-ups. They hope the crowds will want to return later for a fun night, a nice dinner or even office or residential space.
