$550 million deal reached for Pan Am Plaza: new hotels and convention center expansion
Plans to build a $550 million hotel at Pan Am Plaza and expand the Indiana Convention Center are a go, but will be delayed up two years. That's after the city and the Kite Realty Group signed off on a development deal, according to Capital Improvement Board (CIB) Executive Director Andy Mallon.
Plans ultimately call for two new Hilton hotels (the first a 40-story Signia hotel) with a combined 1,400 rooms.
Link:
https://www.wthr.com/article/money/busin...531-5b2ac734-c635-4dd2-a706-06b40e193ff7