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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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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.