The city of Indianapolis is trying to capitalize on construction of a $4.3 billion hospital complex and other projects underway or in development on the north side of downtown with a new tax-increment-financing district that could spur additional investment.... Read More
City officials said the move was necessary to save the project after Indianapolis-based Kite Realty Group Trust told the city it couldn’t secure suitable financing for the 814-room Signia by Hilton hotel planned for the southwest corner of Pan Am Plaza.... Read More
The 500 Festival Foundation is rolling out the public phase of a $5 million capital fundraising campaign meant to grow its involvement across central Indiana. The campaign was privately launched in 2021 and has already raised $3.4 million from over 150 donors.... Read More
A top official for the Indiana Economic Development Corp. said numerous companies are considering major investments in the planned advanced manufacturing and tech hub in Boone County known as the LEAP District.... Read More
Salesforce Inc. plans to give up nearly one-quarter of its office space in Indiana’s tallest building, according to a new listing posted Thursday by the Indianapolis office of Dallas-based brokerage CBRE.... Read More
Plans to decommission and redevelop the Downtown Indianapolis Heliport have hit turbulence as one of the state’s most influential and connected business leaders spearheads an effort to stop the move and potentially buy the site.... Read More
FedEx plans to consolidate its Los Angeles-based maintenance operations into Indianapolis facilities as part of a cost-cutting maneuver, the company confirmed Monday.... Read More
The owner of the Indiana Pacers has tabbed local restaurateur Mike Cunningham to operate the culinary and entertainment facility now under construction next to Gainbridge Fieldhouse.... Read More
An Indy-area development firm plans to build a 1.1 million-square-foot industrial building on farmland in southeastern Marion County. Carmel-based Becknell Industrial is under contract to acquire nearly 199 acres between two parcels along the southwest edge of Interstate 74 and west of Carroll Road.... Read More
Town of Speedway officials and residents on Monday night learned a development firm involved in its long-delayed Wilshaw hotel project purposefully withheld details of a settlement reached last year with federal securities regulators.... Read More
