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Indy’s Convention Center Will See Expansion, 2 New Hotels

Indianapolis’ Capital Improvement Board has voted to recommend construction of a $120-million addition to the Indiana Convention Center, and to work with Kite Realty Group Trust as the master developer on the project. The project also entails two privately-funded, Hilton-branded hotels that Kite will build near the convention center.

Kite’s plan was one of three submitted in March in response to the CIB’s request for proposals for another convention-style hotel with 800 to 1,000 rooms. Much of the construction will be done on the site of the underutilized Pan Am Plaza that was built for the 1987 Pan American Games, and which Kite has owned since 2008.

Thomas McGowan, Kite’s president and COO, told the Indianapolis Business Journal the company has been working for years “to prepare for this moment” and redevelop “what we believe is the best undeveloped site in Indianapolis.” Groundbreaking could occur next year.

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Inside The Story

Read more at IBJConnect With Kite's McGowan

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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