Record-setting Signia hotel concrete pour sets stage for construction
More than 800 truckloads of concrete went into the foundation for the planned Signia by Hilton hotel and Indiana Convention Center addition at Pan Am Plaza over a 12-hour period.
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Developer plans $16.4M hotel next to growing Crawfordsville business park
The 100-room hotel is planned for a parcel next to Crawfordsville Commerce Park, which got off to a slow start about two decades ago but recently has landed some major tenants.
Hotel slated for parking lot across from Gainbridge Fieldhouse
The hotel would be flagged as a Tempo by Hilton, a brand launched in early 2020 with a focus on drawing business travelers with higher-end amenities like bars and cafes.
Hotel Carmichael exceeding financial expectations, could expand
Financial figures made public to the Carmel City Council show the luxury hotel has exceeded expectations for revenue and occupancy since its opening in 2020.
InterContinental Hotel set to open this fall, bringing downtown another luxury lodging option
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.
Area hotel rooms scarce, expensive ahead of Monday’s eclipse
The astronomical event—the only that will pass through Indianapolis for 129 years—has led to a virtual sellout of the downtown Indianapolis hotel supply for Sunday night, with most other rooms throughout Marion, Hamilton and Johnson counties fully booked.
Airport hotel still under study, but gets $57M budget cut
The cost reduction is part of a redesign requested by the board ahead of an expected vote later this year on whether to begin construction.
Much of Pan Am block being demolished to make way for convention center expansion, 40-story hotel
The structures and public spaces being erased from the site include the former Pavilion at Pan Am event center at 201 S. Capitol Ave. and the Pan American Plaza, making way for vertical construction later this spring.
Foreclosure suit filed against owner of Wilshaw hotel property
Officials with the town of Speedway, which is not named in the lawsuit, said they are “carefully monitoring” the situation and in communication with the developers on the matter.
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.
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.
‘Bleisure’ travel giving short-term rentals like Airbnb a boost over hotels
Some call it “ bleisure travel,” “laptop lugging,” “workations” or simply “blended travel.” Whatever it’s called, it could upend the traditional divide between leisure and business travel.
All-in cost of Pan Am Plaza hotel, convention center expansion might surpass $1.6B
The city on Wednesday and Thursday sold $581 million in bonds for the development through the Indianapolis Local Public Improvement Bond Bank, consisting of $436.8 million in tax-exempt revenue bonds for the hotel portion of the project, and another $155 million for the convention center expansion.
Indianapolis officials prepare for $751.6M in bond sales for Signia hotel, convention center projects
The all-in cost for the redevelopment of Pan Am Plaza is now expected to be $751.6 million. The bond sales to cover much of that cost—creating significant long-term debt for the city—are expected to take place this week.
One year out from Swift’s Eras Tour takeover, Indy hotels and other businesses making preparations
Most Indianapolis hotels won’t open bookings for another two weeks, 50 weeks before the first of Taylor Swift’s three shows at Lucas Oil Stadium. But downtown rooms are expected to sell out quickly, followed closely by hotels across the Indianapolis area.
Old City Hall development is ‘huge opportunity,’ although designs remain in their infancy
Early plans for the $150 million project, known for now as the “Alabama Redevelopment,” call for a 387-foot glass tower containing 190 apartments, 24 condominiums, 150 hotel rooms and 8,000 square feet of retail and hospitality space.
Full eclipse in 2024 is expected to drive a million visitors to Indiana cities and towns
Indiana’s tourism industry, plus public safety officials and others, already are laser-focused on April 8, 2024. On that day a sizable swath of the state, including Indianapolis, will be in the path of totality for a solar eclipse whose path will arc across the U.S. from Texas to Maine.
State directs $100M to park hotel project as nearby communities prepare for boost
The project at Potato Creek State Park calls for 120 guest rooms, a 9,000-square-foot indoor aquatic facility and a conference center.
U.S. hotels working with 238K fewer workers than before pandemic
Nationally, many hotels say they have been trying to increase head count—they just haven’t had much luck. A May survey by the American Hotel & Lodging Association showed 82% of hotels were experiencing staffing shortages, most notably in housekeeping.
Airport authority on board with Westin franchise agreement for proposed hotel
Airport officials are expected to meet with Marriott representatives Friday afternoon to iron out remaining details for the project.