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Indianapolis authorizes debt to enter convention hotel business - Vimarsana News

Indianapolis authorizes debt to enter convention hotel business

The City-County Council signed off on up to $625 million of borrowing for a city-owned convention center hotel after a developer-financed plan fell through.

City set to take over hotel project as part of convention center expansion - Vimarsana News

City set to take over hotel project as part of convention center expansion

At a two-hour Metropolitan and Economic Development Committee meeting this week, a presentation laid out the $625 million plan to take over the construction of a new hotel on the site of the Pan Am Plaza.

Source: wfyi.org