A long‑awaited downtown Indianapolis hotel aimed at budget travelers has moved into construction, joining a surge of new hotels reshaping the city's hospitality market.

LISC Indianapolis launched "The Recommitment," a four-year push to deploy $100M, build 1,000 homes, preserve 600 units and grow local developer capacity through EDGI.

Keystone Group purchased the Sheraton on Monument Circle and says it will overhaul and rebrand the downtown hotel. The move follows recent Keystone hotel conversions.

New photos show the 38-story Signia by Hilton and a 143,500-sq.-ft. Indiana Convention Center expansion taking shape in downtown Indianapolis. The project includes a 50,455-sq.-ft. Grand Ballroom and other new meeting space.

Patch Development won local approval for a tax abatement to support a planned $7M Fishers headquarters, joining the city’s wave of life‑science and industrial investment.

Langham Logistics opened a 320,000‑sq‑ft GMP‑compliant pharma cold chain facility in Plainfield, adding 46,000+ refrigerated pallet positions near the Indy airport.

U.S. News names Carmel No. 1 and Fishers No. 2 in the 2026–27 Best Places to Live rankings, with several Indiana towns appearing on the top‑250 list.

Noblesville approved a $50M‑plus police headquarters at the former Firestone site, consolidating a growing department into one modern building.

Simon Property Group plans to fill the former Saks footprint at The Fashion Mall at Keystone with showrooms, restaurants and an office campus; a Reis‑Nichols flagship is due in 2026.

Corteva said New Corteva — its crop‑protection spinoff — will be headquartered in Indianapolis after a planned separation in Q4 2026. Vylor, the seed business, will be based in Johnston, Iowa.

Buckingham floated a 58-unit townhome concept beside the Indiana Farm Bureau building, adding low-rise infill housing to downtown Indianapolis.

IPS will give seven unused parcels to Greater Indy Habitat, opening the way for up to 16 affordable homes aimed at neighbors and school employees.

Hamilton County broke ground on May 11 on a three‑story Judicial Center expansion in downtown Noblesville that will add seven new courtrooms and upgraded security.