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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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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.