The $312 million project calls for a 170-room Shinola Hotel, a 4,000-seat live performance venue operated by Live Nation, an enclosed parking garage and a skybridge connecting to Gainbridge Fieldhouse.
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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.
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Mallon spoke with IBJ about what it’s been like to oversee the board at a time when so much is going on.
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One of the largest office complexes in downtown Indianapolis officially changed hands this week, with the new owners eyeing an update for the property that could result in its partial conversion to a hotel.
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Consumers often see advertised prices for hotel rooms, short-term rentals, and tickets to sporting events and concerts only to be surprised later by so-called “junk fees,” including resort fees, cleaning fees, processing fees and other extra charges.
Indianapolis’ agency for conventions and tourism also reports that short-term lodging bookings through Airbnb and Vrbo have surged 207% in the Indianapolis area as compared to Nov. 1-3 of 2023.
About 80% of ticket holders over the three concerts will come from outside Indiana, presenting an immense marketing opportunity for Visit Indy, the agency in charge of promoting Indianapolis for conventions and other tourism.
Plans call for the 215-room L7 Westfield hotel to be built on 6.5 acres in the Lantern Commons development near the intersection of U.S. 31 and 161st Street.
The budget motel chain—which operates 10 hotels in the Indianapolis area—is being sold by New York-based investment firm Blackstone, which purchased the chain in 2012.
Plans for the project call for 120 apartments, a 125-room high-end hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza.
Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.
Tastings—A Wine Experience announced plans for its “last call” after 15 years in operation.
Kleinhenz said while the goal remains to have a hotel at the site, the town is open to alternatives, including a mixed-use development with retail and apartments or a corporate headquarters. And he said the lack of progress on the site hasn’t exactly deterred activity elsewhere in town.
UNITE HERE said a total of 15,000 workers have voted to authorize strikes, which could soon spread to other cities.
Plans now call for the residence hall to be redeveloped into a 105-room hotel that will operate under Hilton Worldwide Holdings Inc.’s upscale Curio Collection flag.
Baker, who has played key roles at at several Indianapolis restaurants, most recently served as president of HAIV Hospitality and previously oversaw The AMP food hall at 16 Tech.
Indianapolis-based TWG Development has overhauled its design for the skyscraping tower planned at 222 N. Alabama St., immediately north of Old City Hall and considered the bulk of the $264 million redevelopment project for the west side of that block.
Phil Ray also weighs in on the new taxing district the city is considering for beautification and public safety efforts downtown, plus the city-funded construction of an 800-room hotel that would become the JW Marriott’s biggest competitor.
United Kingdom-based IHG Hotels & Resorts is seeking to build a 113-room Atwell Suites hotel in Fishers, but hurdles remain as the project goes through the city’s review process.
Here’s how plans for a $300 million complex with a luxury hotel and concert venue could vibe with Gainbridge Fieldhouse and Commission Row—not to mention the proposed soccer stadium a couple blocks to the east.
An investment group led by Indiana Pacers owner Herb Simon and his family said Thursday it plans to spend at least $300 million to construct a 13-story luxury hotel and connected 4,000-seat theater on the property after demolition of the existing century-old building.
The National Eucharistic Congress will use about 27,000 hotel room nights over five days. The event officially runs Wednesday through Sunday, but a welcome service took place Tuesday night at St. John the Evangelist Catholic Church (see photo gallery in story).
Indianapolis-based TWG Development LLC now says it will cost as much as $264 million to overhaul the historic building and build a 32-story apartment and hotel tower on a lot directly to its north—an increase of nearly 90% from the original budget.
The 34-story hotel’s facade has frequently been used to promote numerous local events and teams, but the 205-foot-tall Clark graphic for Gatorade marks the first obvious product advertisement on the building.
