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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.
Downtown 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.
MoreDowntown shakeup: Tea Cozy closes, Sahm's moves, Urban Elements expands
February 25, 2010
Comments(12)Check out a roundup of big changes for the downtown restaurant scene including Tea Cozy, Sahm's and Urban Element, plus a
new fitness option at the Majestic Building.
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.
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.
MoreAround town retail roundup
November 17, 2009
Comments(16)Check out some of the latest comings and goings among Indianapolis restaurants and retail shops, including a new bar in downtown's
3Mass, Hot Box planning a new location and a wine shop headed to Fishers.
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.
MoreGroup plans to auction relics of downtown architecture
November 4, 2009
Comments(6)The city has agreed to hand over architectural artifacts from a landmark downtown building to a historic preservation group.
IBJ Media seeking approval for new projecting sign
November 2, 2009
Comments(7)The parent company of IBJ has filed plans to add a new sign with an electronic-message component outside the newspaper's headquarters
at 41 E. Washington St.
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.
MoreDemand is steady for Maxwell Apartments
October 27, 2009
Comments(5)Locally based Barrett & Stokely Inc. has taken over management of The Maxwell Apartments downtown at 530 E. Ohio St. The community
already is about 50 percent occupied.
MoreYats opening new concept near Central Library
October 21, 2009
Comments(16)Yats plans to open a new restaurant and bar concept in the first floor of the The Ambassador apartment building next to the
Central Library.
MoreNew coffee shop named for Fletcher Place founder
October 20, 2009
Comments(9)Local investors have opened a new coffee shop in Fletcher Place they plan to turn into a not-for-profit to raise money for
local charities.
MoreNew Circle Centre display promotes Indy attractions
October 5, 2009
Comments(10)A formerly lifeless stretch of wall on the northern edge of Circle Centre mall is now an engaging tribute to three of the
city's most notable attractions.
MoreRenovation planned for former Buick showroom
September 30, 2009
Comments(15)Builder and developer Shiel Sexton is renovating an historic former Buick showroom that most recently served as a self-storage
facility into LEED-certified office space.
MoreRegions Bank joins skyline
September 29, 2009
Comments(10)The Regions name and logo are joining the city's skyline atop One Indiana Square.
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.
MoreFountain Square getting a new fountain
September 4, 2009
Comments(6)Fountain Square is getting a new fountain in a project that's been in the works for more than a decade.
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.
MoreKilroy's will soon be here
August 31, 2009
Comments(0)The former home of Smokey Bones Barbeque and Grill at 201 S. Meridian St. is getting a new tenant after sitting vacant for
more than two years. The Bloomington institution Kilroy's plans to open a new location in the 8,700-square-foot space.
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.
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.
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,...
More
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these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.