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Welcome to Property Lines, Indy's source for neighborhood real estate news. Your host is Scott Olson, IBJ's real estate beat
reporter. Edited by Cory Schouten.
Development Proposals Blog Posts
Dunkin Donuts angling to take over Bonjour building
June 2, 2010
Comments(46)Dunkin Donuts and Baskin-Robbins could soon take over the former home of Bonjour Cafe & Bakery at Meridian and 24th streets
if the owner wins city approval to add a drive-through.
MoreRestoration work begins for Old Northside landmark
March 1, 2010
Comments(4)Historic Landmarks Foundation of Indiana has taken over the Romanesque Revival former church known as Old Centrum along Central
Avenue at 12th Street.
MoreCity Market proposals: Microbrewery, bicycle hub, agriculture showcase
January 18, 2010
Comments(26)Six groups are vying to lead a redevelopment effort for the struggling Indianapolis City Market. Check out summaries of each
of the proposals.
MoreDeveloper plans expansion of Riley Towers apartments
January 12, 2010
Comments(15)The owner of downtown's Riley Towers apartments is working on plans for a 5-story expansion at 225 E. North St. that would
add 54 apartment units and more than 4,000 square feet of retail space.
MorePlanners recommend denial of IBJ variable-message sign
November 30, 2009
Comments(19)The city's planning staff is recommending denial of an electronic message screen proposed as part of a new sign for IBJ Media
Corp., the parent company of Indianapolis Business Journal.
MoreDeveloper eyes Penn Centre as it wraps up Allen Plaza
November 19, 2009
Comments(4)Allen Commercial Group is offering for sale the first of 30 condos in its flagship nine-story Allen Plaza building along Pennsylvania
Street downtown. And the firm is working on a phasing plan for its much-larger Penn Centre proposal.
MoreConstruction begins on downtown condo project
November 11, 2009
Comments(16)Construction has finally begun on a condo conversion of an historic 5-story building known as The Shelton.
MoreThe Nature Conservancy sets green example with new HQ
November 6, 2009
Comments(9)The Nature Conservancy's new $10-million headquarters has enough environmentally friendly features to qualify for the highest
level of LEED certification.
MoreHistoric namesake for German Church Road facing demolition
October 29, 2009
Comments(16)Historic preservation groups are fighting to save a 1914 church at the northeast corner of Washington Street and German Church
Road in Cumberland. The congregation of St. John United Church of Christ has been working on plans to build a new church on
Carroll Road and struck a deal to sell the old one to a developer. The plans are rumored to include demolition
to make way for a CVS store.
MoreTrustee seeks bids for former Fall Creek YMCA branch
October 28, 2009
Comments(3)The owner of the vacant former Fall Creek YMCA along West 10th Street is seeking bidders interested in tearing down and redeveloping
the prime 2-acre site at 860 W. 10th St.
MorePlans emerge for vacant former Value City store
October 26, 2009
Comments(7)Two local entrepreneurs have partnered to develop a new conference and event center in the former Value City department store
near Lafayette Square Mall.
MoreEfforts target blight on 16th
October 13, 2009
Comments(9)A stretch of 16th Street could see new life as the Indianapolis Housing Agency plans to redevelop a troubled low-income housing
project and Kroger revives efforts to acquire land and plan a new supermarket to replace a cramped, old-format location.
MoreCity approves new CVS store
October 12, 2009
Comments(3)The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate
69.
MoreDeveloper plans student housing along canal
September 25, 2009
Comments(23)A local developer has filed plans to build a new apartment complex designed for college students a few blocks east of the
Central Canal.
MoreDevelopment slow around Lucas Oil Stadium
September 24, 2009
Comments(7)The hoped-for rush of new development around Lucas Oil Stadium has not materialized.
MoreNew retail strip to replace Altum's Garden Center
September 17, 2009
Comments(21)Kroger has signed on to anchor a new shopping center along Michigan Road north of 106th Street on the site of Altum's Garden
Center.
MoreAround town roundup
September 9, 2009
Comments(2)Find out about a new Latin market and tapas bar, plans to renovate the Apple Store and post office closings.
MoreDowntown apartment complex to expand
September 1, 2009
Comments(12)The developer of The Waverley apartments downtown has filed plans to expand the complex at 151 S. East St. thanks to high
demand for one-bedroom units.
MoreJack eyes 16th & Meridian
August 21, 2009
Comments(38)Burger chain Jack in the Box is working on plans to open its first Indiana restaurant along Meridian Street just south of
16th Street. The chain has worked up preliminary plans to build on about an acre south of the new CVS pharmacy, brokers said.
MorePlans emerge for old Winona
August 14, 2009
Comments(13)A few weeks back, IBJ reported on early proposals for the vacant former Winona Memorial Hospital. The five-story property
is saddled with about $2 million in unpaid taxes and soon will become public property. So far, two groups have stepped up
with ideas...
MoreDeal to save winged canopy
August 11, 2009
Comments(24)A compromise between an historic preservation group and a local business owner will save an iconic "bat-wing" canopy outside
a downtown gas station.
MoreFountain Square getting cabaret
August 6, 2009
Comments(24)A new cabaret is planned for a one-story historic building at 1116 E. Prospect St. in Fountain Square. White Rabbit Cabaret
will provide live entertainment (not adult-oriented), food and beverage service, performing arts classes, rehearsal space,
workshops and special events
MoreCo-op grocery plans take shape
August 3, 2009
Comments(42)Indy Food Cooperative plans to open the city's first not-for-profit grocery store in a 70-year-old former
appliance store along East 10th...
MoreFormer jail up for sale
July 27, 2009
Comments(44)The owner of a former Community Corrections jail facility at the southwest corner of Delaware and Maryland
streets has put the building up for sale,...
MoreBarley Island taking SI space
July 24, 2009
Comments(26)Noblesville's Barley Island Brewing Co. is planning to open a second restaurant and brewhouse in the former
home of Scholar’s Inn Bakehouse at the corner of...
More
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.