Calumet Specialty Products to move HQ to Stutz campus downtown
The Indianapolis area’s sixth-largest public company plans to move 200 employees from the company’s current west-side home to the new offices.
Downtown
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Downtown’s supply of hotel rooms close to selling out for All-Star Weekend
The NBA has contracted with 29 of downtown’s 35 lodging properties, with each committing at least 90% of their inventory at negotiated rates and minimum four-night stays, according to Visit Indy.
Bill to undo Mile Square property tax passes House with support from Speaker Todd Huston
As an alternative, the House approved a separate measure that would allow the City-County Council to increase the countywide local income tax by .02% to help pay for the operating costs of a homeless shelter and various improvements in the city’s Mile Square.
Menswear store to move to newly purchased downtown building with addition in the works
A couple whose custom menswear shop was looted during the 2020 downtown protests have doubled down on East Washington Street.
At Black Future Haus, the star will be innovation
Be Nimble Foundation will take over a downtown event space during NBA All-Star Weekend to create a tech and entertainment hub known as Black Future Haus.
All-Star Game tickets hard to come by; NBA, partners inviting corporate clients
Finding one’s way into Gainbridge Fieldhouse on Feb. 18 for the flagship event of NBA All-Star Weekend will cost a pretty penny, if any tickets can be found at all.
State lawmakers hear testimony on bill to repeal Mile Square tax
The majority of people who testified about the bill were against it, arguing that it would undo the work of corporate and civic leaders to boost perceptions of downtown in the aftermath of the pandemic and the 2020 protests for racial justice.
Motto hotel project in King Cole building delayed but still kicking, developer says
More than a year after the original projected completion, the $54 million hotel renovation project shows little evidence of progress. But work behind the scenes continues, the developer told IBJ.
Why Black culture takes center stage during NBA All-Star Weekend
Over the years, All-Star Weekend has become a cultural magnet for entertainment and fashion. It’s known as a vibrant destination among Black residents coast-to-coast.
Janelle Monáe, Gary Clark Jr. announced for new Black music festival in Indy
The single-day Black music festival designed to honor rock ’n’ roll originators is planned for downtown’s American Legion Mall in May.
All-Star Weekend organizers promise fan-friendly vibes
Most of the 125,000-plus fans who are expected downtown for the NBA All-Star Weekend Feb. 15-18 won’t be at the big game. But local residents and others without game tickets will still have plenty of opportunities to get in on the action.
Event planners stake claims at venues for All-Star Weekend
All-Star Weekend has become synonymous with parties that attract celebrities and people who gravitate to celebrity. And demand is high for venues downtown, an area long celebrated for its compact layout and track record of hosting large events.
City hopes to start Union Station overpass rehabs this year, land new tenant for Grand Hall
Each street running below the overpasses—including adjacent stretches in the open air—would undergo improvements, to cut down on vehicle parking, increase pedestrian access and pay homage to historical and cultural milestones in the city’s history.
Q&A: Indy Chamber’s new CEO Matt Mindrum
Matt Mindrum is a month into his new role and recently spoke with IBJ about his vision for the region’s growth, downtown vitality and his new insights into youth apprenticeships.
Hogsett says mall redevelopment among downtown’s most significant wins
The mall redevelopment is not the largest downtown project in terms of cost. But it will elevate a vast and critical piece of real estate as more than $9 billion in other downtown projects are slated to come to completion over the next decade.
Hendricks strikes deal to acquire Circle Centre, plans $600M redevelopment
The Wisconsin-based firm behind Mass Ave’s Bottleworks District plans to spend the next decade transforming the downtown mall into an open air, pedestrian-focused campus with housing, offices and shopping.
Ahead of construction-related closure, City Market waives two months of rent for vendors
The Hogsett administration has not yet released an ending date for the closure and has not committed to additional mitigation measures for the vendors.
Oldest Catholic church in Indy plans $2.7M parish center downtown
Officials with St. John the Evangelist want to build the 2,800-square-foot facility as part of a larger $5.5 million renovation that started in 2021. They hope to finish in time for the huge National Eucharistic Congress planned for Indianapolis in July.
Opponents of downtown tax to seek reprieve from Legislature, Bosma says
It’s unclear if lawmakers are open to rolling back the measure, which was slipped into the 2023 state budget without public input. However, the push for a change has a powerful ally in former Indiana House Speaker Brian Bosma.
Council votes to approve creation of downtown enhancement tax
The 19-5 vote, which followed party lines, creates an economic enhancement district—or EED—bound by North, East, South and West streets—the Mile Square—that would see increases to property taxes within those boundaries.