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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 [...]

Neighbors in Indianapolis are resisting a proposed redevelopment project on the east side, led by New York-based Skysoar Capital Partners. The $100 million plan includes demolishing a shopping center to build apartments, retail spaces, a hotel, an esports facility, and community areas. However, residents are pushing for a more commercial-focused development with less emphasis on housing, expressing concerns about property values, quality of apartments, and the involvement of the development firm, BWI. The developer is pausing city approvals to address community concerns and find a compromise that satisfies both parties. [Extracted from the article]

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 [...]