$40M hotel project planned for historic building on Monument Circle
The redevelopment of the art deco-style building would convert floors four through 14 into hotel rooms, with the first three floors remaining retail and office space.
Downtown
-
More upscale apartments planned for former AT&T building downtown, developer says
AT&T’s exit from the building’s top three floors with the expiration of its lease on May 31 clears a path for Keystone Group to add more luxury apartments in the $124 million project.
Read More -
Downtown Fever facility moving forward, sporting exterior design changes
Since the Indiana Fever Sports Performance Center was first announced in January, Pacers Sports & Entertainment has been working with architectural firm Populous to make minor updates to the design of the three-story, 108,000-square-foot facility.
Read More -
IBJ Podcast: Whatever happened to downtown’s elevated People Mover?
The tram recorded roughly 6 million rider trips on a 1.4-mile track running between Methodist Hospital, University Hospital and Riley Hospital for Children. But it came to a screeching halt in 2019.
Read More -
Country singer Clayton Anderson says his Indianapolis bars will be lively
After living in Nashville, Tennessee, for more than a decade, Anderson said he’s seen “Music City” thrive because of popular bars in Nashville’s Lower Broadway entertainment district. Now he wants to try to do the same thing in Indianapolis.
Read More
Articles
Jim Irsay’s impact can be felt all around Indy as city celebrates big sports weekend
From the city’s trademark sports facilities to the towering J.W. Marriott hotel to the 37-story Signia by Hilton hotel currently under construction, the Colts owner helped elevate Indianapolis’ stature.
UPDATE: CIB negotiating with designer for proposed downtown soccer stadium
The Kansas City, Missouri-based Populous Design has planned Major League Soccer stadiums such as TQL Stadium in Cincinnati; Allianz Field in St. Paul Minnesota; GEODIS Park in Nashville, Tennessee; and Children’s Mercy Park in Kansas City, Kansas.
Crews at Henry Street Bridge site finding more graves than anticipated, city says
City officials initially estimated as many as 650 grave shafts could be found while excavating the former Greenlawn Cemetery site.
New bridge connects 16 Tech innovation district to greater downtown Indy
The bridge, which spans from the intersection of 10th Street and Riley Hospital Drive to 16 Tech, is part of a larger $30 million infrastructure project.
D.C. firm spends $50M to acquire Canal-adjacent luxury apartments
A representative for the buyer said that Indianapolis’ rank as one of the best markets in the country for rent growth—that is, increases in rent prices—played a key role in the decision to buy Cosmopolitan on the Canal.
Police apprehend man waving gun on Circle
IBJ reporters and editors watched the incident from IBJ Media’s third floor office in the AES building in the southeast quadrant of the Circle.
Hendricks closing southern block of Circle Centre Mall as it preps for $300M first phase of revamp
The closure isn’t a signal that construction is formally underway. Rather, it allows the developer to conduct investigatory and pre-construction work, including a complete structural analysis.
After YMCA departs, Athenaeum plans to open its own gym
The Athenaeum Turner Gymnasium includes a nod to the German immigrants who helped establish the Athenaeum, originally known as Das Deutsche Haus.
Experts, insiders say it’s unclear which option MLS might favor for Indianapolis soccer team
If Major League Soccer decides to put a team in Indianapolis, it can happen one of two ways: through an expansion of the 30-team league or by moving an existing team here.
Groundbreaking planned for $84M overhaul of former downtown jail properties
Thursday’s groundbreaking ceremony comes as interior work gets underway on the overhaul of the former jail and Cole Motor Car Co. building, as well as the Arrestee Processing Center immediately north.
IBJ Podcast: Former NBA exec on joining Pacers’ parent firm, Caitlin Clark’s potential, deal with Kevin Hart company
Joey Graziano also dishes on preparations for WNBA All-Star Weekend In indy and how the Pacers organization views several new projects by Gainbridge Fieldhouse as part of an overarching strategy.
Indianapolis Pizza Festival to debut this summer on Monument Circle
TikTok food critic Tommy Barrett wants to find the best pizza in Indiana during a summer festival on Monument Circle.
Overhaul of downtown office complex to bring another new hotel brand to Indy
In addition to Marriott’s Moxy, the owners of downtown’s fourth-largest office complex also have secured a deal for a Bar Louie restaurant on the ground floor.
Circle City’s identity drives art program at InterContinental Hotel
The luxury hotel pays tribute to Broad Ripple High School alum David Letterman among 24 pieces displayed in lobbies, hallways, meeting rooms and guest rooms.
Crackers, a fixture in Indianapolis stand-up comedy since 1982, closes
Crackers Comedy Club, 207 N. Delaware St., was the final location for a stand-up brand launched in Broad Ripple in 1982.
Photos: Downtown’s luxury InterContinental hotel opens after $110M rehab
The 170-room luxury hotel at 17 W. Market St., made its public debut Monday following a rehabilitation project to the historic building that began in 2018.
Circle Centre restaurant Nada to close
Nada opened in 2016, taking over 8,500 square feet previously occupied by Circle Centre Mall anchor tenant Nordstrom.
Organizers eye 2026 return for I Made Rock ’n’ Roll festival
Organized by cultural development firm GangGang, the first I Made Rock ’n’ Roll festival featured Janelle Monáe as its headlining artist.
Simons’ downtown hotel, entertainment project gets green light for forgivable $25M city loan
Specific details for the loan, which could be forgiven if the Simon family’s development affiliate meets certain terms, are expected to be finalized in coming months.