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
The Crowne Plaza at Union Station in downtown Indianapolis is on track for a $15 million top-to-bottom renovation. The 273-room hotel will receive new carpeting, wallpaper and fixtures—among other improvements—starting later this year.... Read More
Indianapolis will get a chance to showcase its cultural amenities to a national audience later this year when it hosts more than 800 humanities leaders, scholars and advocates for the National Humanities Conference. The event will welcome representatives from universities, humanities councils, cultural institutions and community-based organizations from across the country.... Read More
The town of Speedway says it is considering a $2.5 million short-term construction loan for the developer of the Wilshaw hotel project across from Indianapolis Motor Speedway. The loan would cover a small gap in funding for Atlanta-based Hotel Equities Group.... Read More
Statistics show that downtown remains among the city’s safest places. But city officials acknowledge there’s still work to do to improve safety and security.... Read More
An operator has been chosen for the planned $170 million event center at Fishers District, which will be home to the Indy Fuel. ASM Global, a Los Angeles-based facility management company, has agreed to terms with Fishers officials to oversee the venue.... Read More
Keystone Group says it will break ground on its Eleven Park mixed-use development in May. The developer also released new details about the $1 billion downtown project, including renderings that place its 20,000-seat soccer stadium along the White River.... Read More
The owner of Lawrence-based beer distributor Monarch Beverage Co. plans to spend $73 million to develop a new facility for the company on the east side of Indianapolis. Illinois-based Reyes Beverage Group has partnered with Carmel-based developer Lauth Group Inc. to build a 450,000-square-foot facility on former Ford Visteon site,... Read More
A team of two local developers planning a $79 million apartment project just north of downtown is asking city officials to consider waiving a significant portion of their property taxes over a decade.... Read More
One of the Indy area’s largest commercial real estate brokerages has decided to designate Indianapolis as its headquarters city, after decades of being based in South Bend. Bradley Co. is the fifth-largest commercial real estate brokerage in central Indiana.... Read More
