Waterfront Canal Centre at 401 W. Michigan Street holds an August 2021 start month and a Future status on the Downtown Indy development tracker. The entry carries no completion date and no forward delivery year.
The 2019 authorising law carried no tenant test. The record shows what the public side took on, what the developer guaranteed, and the terms a district should require next.
INDOT's $131.30 million I-65 package carries one design-bid-build contract, two published completion dates and eight change orders worth 0.2 percent of the award.
Clear Path 465 publishes more than 90 percent complete, substantial completion on December 31, 2026 and final completion on December 31, 2027 against $586.10 million in year-of-expenditure dollars.
The Indianapolis Airport Authority owns the 253-room Westin on its own terminal campus and funded it through airport general revenue bonds, Marriott key money and an equity investment with no tax dollars. The cost record is documented in full. The published demand test behind the 253 rooms is not.
The InterContinental Indianapolis carries a luxury rate on 170 rooms outside the skywalk package. The published rate points, the pipeline behind the opening, and the figures no source carries.
The 167-room Kimpton in the Odd Fellows building carries 4,500 square feet of meeting space and a rooftop bar for 300 guests, and a buyer holds both against a downtown market that adds 2,300 rooms.
The King Cole conversion reached a fourth-quarter 2026 delivery seven years after its announcement. The Signia and the convention center expansion open in December 2026 with the ability to host two citywide conventions at once.
Cole Motor delivered 213 apartments at about $84 million after a $120 million proposal, with $15.5 million of tax-increment financing and a demolition the city funded at no more than $5 million. The demolition is the part of the public spend the record explains.
Indianapolis committed about $37 million of public money to the Gold Building conversion at 151 Delaware Street: $18.8 million in tax-increment-financing bond authority approved in early 2023, and an $18 million bridge loan the Metropolitan Development Commission approved on 17 September 2025. The conversion carries more than 350 apartments and nearly 8,000 square feet of ground-floor retail at a cost the city put at about $200 million in May 2024.
The city can build Whistler Plaza alone on a fixed $15.3 million contract and a published 2027 date. The Market House needs an operator, a capital stack, a tenant mix and a schedule, and the public record carries none of the four.
Purdue's Academic Success Building takes occupancy in July 2027 with nearly 500 beds of its own, and the master plan runs to 5,320 residence beds. The west-side visits that reach hotels arrive as contracted demand.
IndyGo awarded almost $250 million across three Blue Line packages in December 2024 for a late-2028 opening. The Washington Street frontage gives up drive-up arrival and self-parking access for the duration of the build.
The Cultural Trail's twenty-year report measures assessed value, retail space and restaurant sales. It reports no room nights, no occupancy and no rate.
Indianapolis pays for the Greenlawn Memorial Bridge, its approaches and the archaeology inside the right of way, and the Indiana Economic Development Corporation funds the district's other roadway work. The trail's own study records $3 billion in added assessed value along its route, and no publisher carries a room-night or rate effect for the corridor.
Elanco Animal Health's $200-million-plus headquarters opened on the White River on 1 October 2025 with more than 700 weekday employees. The district around it holds one named university partner, no second tenant and no published visitor count, so the room-night case rests on the account terms a hotel writes.
The IU School of Medicine education and research building opened in June 2025 at 350 W. 14th St. Its weekday traffic is real and its overnight volume is thin, and the hospital phase that carries the room nights opens in 2027. Here is what an owner or a campus buyer should settle in writing.
Indiana University Health is building a $4.3 billion hospital campus on 44 acres in downtown Indianapolis with 864 inpatient rooms, 50 operating rooms and a medical education building HVS sizes at 326,000 square feet. HVS reads the campus as steady weekday demand for extended-stay and midscale hotels. IBJ reports the opening moved from December 2026 to the fourth quarter of 2027.
Pacers Sports and Entertainment pays 78 million dollars for the Indiana Fever Sports Performance Center at Alabama and Maryland streets. The city contributes the jail site and receives the building at the end of the operating agreement.
Indianapolis is rebuilding the west block of Georgia Street as a park for $9.1 million. The published dates, the convention inventory the block fronts, and the group demand it has to generate before the 2026 hotel package opens.
Hendricks Commercial Properties dates Traction Yards at 2029 and publishes no office, residential or retail delivery schedule. The downtown rooms arriving before it carry the interim gap.
A 176-room Ritz-Carlton opens in early 2028 beside a 4,000-guest Live Nation venue on one 1.8-acre Indianapolis site. What the deal and the two calendars have to deliver.
The city owns the 800-room Signia by Hilton Indianapolis and financed it with $625 million in hotel revenue bonds. An analysis of what the public share buys in group demand, and the terms a planner has to price.
One tower, one tenant group and a 2032 delivery date. A reading of what the 350 Park Avenue commitment says about landlord confidence in Midtown East office, and about the hotel demand that follows it.
Turner Construction broke ground on the 2-million-square-foot American Express headquarters at 2 World Trade Center on 9 July 2026. The tower completes in 2031 with American Express as sole tenant.
