2018 Year in Review: Two new hotels, convention center expansion planned
The hotels will together have 1,400 rooms, and the development is expected to invigorate the once-celebrated Pan Am Plaza.
The hotels will together have 1,400 rooms, and the development is expected to invigorate the once-celebrated Pan Am Plaza.
Several well-known Indiana companies were acquisition targets, including biotech firm Endocyte Inc., retailer The Finish Line Inc., racino owner Centaur Gaming, auto body chain Church Brothers Collision Repair, banking company MainSource Financial Group, and gas and electric utility Vectren Corp.
A massive fund-raise by Scale Computing assured 2018’s venture capital total will top 2017. It will be part of fourth-quarter numbers that won’t be available until early 2019.
Carson’s left a 145,000-square-foot hole in Circle Centre mall when the three-story department store shut down April 29 following a three-month liquidation sale.
In response to public input, INDOT said in September it would not add extra through lanes to the interchange as planned. INDOT also said its plans now call for the construction of retaining walls in certain areas that are only 7 to 11 feet high at the top of existing berms, rather than the much-higher retaining walls at the foot of the berms that it had originally proposed.
The projects range from full-service hospitals in Bloomington, Brownsburg and Shelbyville to a flurry of “micro-hospitals,” free-standing emergency rooms and urgent care centers.
The year’s big projects include construction at The Yard at Fishers District, a culinary district developed by Indianapolis-based Thompson Thrift.
The 360 Market Square apartment tower opened in March—a $120 million, 27-story structure that redefined downtown’s eastern skyline. Much of the year’s other development took in the Mass Ave district.
It was the year of the improbable, especially in politics—starting with the resignation of Lt. Gov. Sue Ellspermann and ending with the election of Mike Pence as vice president. Then there was Carrier’s flip-flip, Eli Lilly’s changing of the guard, ITT Educational Services’ collapse—and much, much more.
Donald Trump’s big victory in Indiana means his running mate Mike Pence will be vice president. It also swept Eric Holcomb into the governor’s office and Todd Young into the U.S. Senate.
Remember when a new restaurant or two might have been all that separated one central Indiana dining year from another? Those days are gone.
Highlights include “Fences” at the IRT and “Beyond Spaceship Earth” at the Children’s Museum.
Emmis CEO Jeff Smulyan tried to take his company private but fell short again, among other stories.
A longtime provider in the for-profit college education world shuttered this fall after years of pressure from federal regulators over its recruiting methods and students’ educational performance.
Political newcomer Jennifer McCormick was elected Nov. 8 as state superintendent of public instruction—a surprise to many who expected Democrat Glenda Ritz to keep her seat.
Massive real estate developments continued to roll into Hamilton County in 2016, especially in Carmel and Westfield.
Simon, the nation’s largest mall owner, is busy luring restaurants to fill space vacated by traditional retailers victimized by the growth of online shopping. Many retail landlords are seeking unconventional tenants to fill space.
Three major Indianapolis-based retailers struggling with declining sales replaced their CEOs this year as they tried to improve company financials.
Angie’s List in July changed its business model to allow people free access to its basic offerings, after nearly 21 years of requiring subscriptions. That coincided with the company’s migration to a new software platform.
Cunningham in the past seven years has opened Mesh, Bru Burger and Union 50 on Massachusetts Avenue. He launched Vida—where Amici’s Italian Restaurant once stood—in February, and followed up with The Livery on College Avenue in November.