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The worst day of Jim Connor's life? The day he told his team at Duke Realty Corp. that the 50-year-old company was being acquired by industrial real estate behemoth Prologis [...]

The owner of the Indy Eleven soccer team said he is confident his plans for a new stadium downtown won't hinge on asking for more state tax dollars than he [...]

SkyWater Technology Inc.'s plan for a $1.8 billion semiconductor production facility at Purdue University isn't as flashy as chip-related announcements in other states--like the $17 billion Samsung Electronics project in [...]

A few thousand kids visiting a racetrack that seats some 250,000 people might not sound particularly significant. Especially over the course of a month of festivities, But when those kids [...]

Once a fringe activity relegated to basements and college dorms, competitive video gaming--now called esports--has emerged as a billiondollar worldwide industry, spawning tournaments, tourism and even scholarships to entice top [...]

For decades, state and local officials have put billions of dollars toward economic incentive deals, with recent successes that include an $800 million investment announced last year by Toyota and [...]

Five of 20 downtown hotel projects announced before the pandemic have opened. But few of the remaining 15 have made substantive progress, despite a strong rebound in the district's hotel [...]

By Mickey Shuey | mshuey@ibj.com Over the past three years, a little-known real estate broker has quietly acquired more than 300 acres of property on the west side. He's invested [...]

Propelled by a renewed interest in open-wheel racing and Roger Penske's investment in the Indianapolis Motor Speedway, motorsports learns are expanding in central Indiana to participate not just in IndyCar [...]

Eight years after the Ballard administration started work toward completely rebuilding the streets on Monument Circle--work that never commenced -- Mayor Joe Hogsett's team is dusting off the plans and [...]

Hundreds of college student-athletes across the country have started signing endorsement deals and social media contracts, using their names and images to promote products or causes under rules the NCAA [...]

Indianapolis International Airport has added nearly 20 nonstop routes since the start of the year, a number that's still shy of pre-pandemic levels but is a sign of recovery, at [...]

Mayor Joe Hogsett's administration is again refining its expectations of developers who ask for city help in financing private projects, with the goal of increasing the amount of affordable housing [...]

Experts are optimistic that the proposed redevelopment of the Diamond Chain property into a soccer stadium and commercial project will spur growth in housing and entertainment on downtown's southwest side. [...]

The majority owner of the Indy Eleven soccer team has purchased the 18-acre Diamond Chain manufacturing site on the western edge of downtown and is planning a $1 billion redevelopment [...]

Airport officials are serious about bringing in new routes--perhaps even a trans-Atlantic route by the end of 2022--and an updated incentive plan rolled out last month could play a key [...]

There's nothing like a few billion dollars of investment and some big jobs announcements to quell unease that had been rippling through Indiana's economic development sector as states like Ohio, [...]

Digital collectibles aren't replacing trading cards or commemorative bobble-heads quite yet, but local sports franchises like IndyCar and the Indianapolis Colts are still eyeing them as a new marketing tool [...]

Inside The Pavilion at Pan Am--just blocks from Lucas Oil Stadium. Victory Field and Gainbridge Fieldhouse--a new pro-sports season is underway, one that is growing rapidly in popularity and economic [...]

Jack Bayt and Antonia Zunarelli don't like being in the spotlight. But that's where the siblings have found themselves over the past several months, amid a contentious battle with some [...]

More warehouses and distribution centers have begun popping up near the Interstate 65 exit in Franklin, as central Indiana's industrial boom continues to fan farther out from Indianapolis. Already, the [...]

If you didn't know it was there, you'd probably pass by without a second thought, just another single-story farmhouse and some pole barns in rural Johnson County. But for nearly [...]

Apartments to open in former AT&T building A local developer's $80 million conversion of a 20-story office building into luxury apartments is the largest project of its kind downtown. But [...]

Two years into the pandemic, local malls and shopping centers are continuing to grapple with the decline in brick-and-mortar retail demand that started long before the coronavirus hit. More properties [...]

It's been nearly two years since COVID-I9 led Delta Air Lines to stop flying its Indianapolis-to-Paris route, and airport officials still can't say when the flight will return. But they [...]

Developers eye new downtown opportunities Roughly 17-1/2 acres of city-owned downtown property in various stages of the redevelopment process have local and regional firms chomping at the bit to make [...]

What's next for the two city blocks that are now Circle Centre mall could start coming into focus over the next year. Circle Centre Development Co.--which owns much of the [...]

The state's pitch to keep Elanco Animal Health Inc. in Indiana for the long term began with a dinner at the Governor's Residence two years ago, after state officials got [...]

Major annual events have injected more than $3 billion into the Indianapolis economy over the past 20 years, and another proposed expansion to the Indiana Convention Center promises to bring [...]

The Children's Museum of Indianapolis plans to spend $16 million on new programming, exhibits and upgrades over the next three years, as museum officials look to continue growing the facility's [...]

For years, Indiana tourism groups have seemingly had few problems landing big events--conventions and sports alike--that generate tens of millions of dollars for the state's economy. But competitor states have [...]

Nearly two years into the pandemic, the agency that oversees the Indiana Convention Center, Lucas Oil Stadium and other sports venues heavily impacted by COVID has been able to pay [...]

Indianapolis has hosted a Super Bowl, the entire NCAA Men's Basketball Tournament just last year and too many other championship events to count. It's also set to host the NBA [...]

Indianapolis tourism officials say the city's convention and events business should be almost fully recovered by the end of 2022--at least based on projections for attendance and economic impact. Economic [...]

The CEO of The Spring League, a developmental football association formed in 2017 that racked up some $1.4 million in bills during a nine-week stay in Indianapolis last spring, says [...]

Indianapolis officials are gearing up to host the largest event the city's seen in months, when Lucas Oil Stadium plays host in January to the College Football Playoff National Championship. [...]

The NCAA's efforts to address equity imbalances that made headlines during last season's Division I men's and women's basketball tournaments could lead to a joint Final Four later this decade, [...]

Jim Irsay wants to share his memorabilia collection with the world--and he's been having early conversations with Indianapolis and other cities about creating a museum to do just that. The [...]

The Indianapolis industrial market is growing at a record pace, continuing a trend that began in the months ahead of the coronavirus' arrival in early 2020. More than 22 million [...]

City officials are taking a fresh, hard look at municipal-owned real estate as part of a larger effort to repurpose and redevelop several sites that will be largely vacated as [...]

Indianapolis leaders want to encourage denser development near the city's bus rapid transit lines and deprioritize cars, so they've changed zoning laws to help make it happen. Earlier this month, [...]

This weekend's jam-packed schedule at the Indianapolis Motor Speedway is a first of its kind for the historic track, with two NASCAR races and an IndyCar race, all on the [...]

Kite Realty Group Trust's planned acquisition of an out-of-state competitor could create growth opportunities for the firm, as it adds markets and properties to its portfolio to provide new leverage [...]

The pipeline of new downtown hotels has stayed mostly intact during the pandemic, despite concerns from lenders and analysts about a slow, drawn-out recovery for the national hospitality industry. None [...]

The National Football League's decision to invite other cities to bid to host its Scouting Combine didn't come as a surprise to local leaders, even though the event has been [...]

The Indianapolis Airport Authority's plan to sell off the Indianapolis Downtown Heliport is expected to open nearly five acres in the city's core for redevelopment--a move experts say could bring [...]

Millions of dollars in bets have been placed inside venues like Bankers Life Fieldhouse and Lucas Oil Stadium since mobile sports gambling was legalized in Indiana in 2019. Now, teams [...]

The OneAmerica 500 Festival MiniMarathon will be conducted virtually again this year. But even though the race is the not-for-profit's key fundraiser, officials and philanthropy experts aren't fretting about the [...]

A new wave of tourism activity is on the horizon for Indianapolis, with Visit Indy having inked several major convention deals since the start of this year. After officials last [...]

Retailers along Massachusetts Avenue are bullish about the corridor's future, even after the pandemic forced some retailers and restaurants to close, leaving more vacancies than usual. Many businesses along the [...]