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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 may replace Panda
November 1, 2007
Comments(24)A shakeup continues for street-level retail on Washington Street downtown. Panda Express plans to close its
store in the former Roselyn Bakery at Washington and Pennsylvania streets, and a deal is...
MoreFurs, golf, fitness and Whac-A-Mole
October 31, 2007
Comments(15)A couple of nuggets from recent development plans:
Making Way for Venu: Another Woodfield Centre tenant is moving to make way for redevelopment. Elan Furs has
filed plans to take space in Clearwater Shoppes...
MoreHow much is this land worth?
October 30, 2007
Comments(15)State officials are challenging a $7-million assessment for a 2.3-acre parking lot sandwiched between the RCA
Dome and Lucas Oil Stadium. The state has launched eminent domain proceedings, and the owner isn't...
MoreBrokerage firm buys building
October 24, 2007
Comments(27)A local brokerage firm that specializes in foreclosed properties is moving its headquarters from North Meridian
to a 6,700-square-foot office building at 1236-1238 Pennsylvania St. Wynkoop Brokerage bought the building shown...
MoreDeflating the Dome
October 22, 2007
Comments(10)Demolition crews will begin letting air out of the RCA Dome as early as next spring. Deflating and removing
the Dome's fabric roof is the first step of a five-month demolition process,...
MoreCultural Trail takes shape
October 22, 2007
Comments(22)How much will the Indianapolis Cultural Trail affect real estate downtown? What do you think of it? The
$50-million bike and pedestrian path eventually will connect downtown's five cultural districts. Funding comes...
MorePenn Centre at street level
October 18, 2007
Comments(30)Here are two street-level renderings of Penn Centre, courtesy of Browning Day Mullins Dierdorf. The first
shows the Omega Building along Maryland Street, and the second is a view from Pennsylvania Street. These
still are early concepts and the developers...
MoreDrumroll, please: Buggs to open
October 11, 2007
Comments(21)Three dining options at Buggs Temple are scheduled to open Oct. 19. They include Tavern at the Temple, Buggs
Grille and Cornerstone Coffee House. Staff training is scheduled to begin tomorrow and...
MoreThoughts on Ralston Square?
October 7, 2007
Comments(30)Here are two renderings of the proposed Ralston Square project. The $60 million South Street project, named
in honor of the original planner for Indianapolis, would feature a 150-room hotel, 55 condos, a 617-space
parking garage and 41,000 square feet...
MorePenn Centre, in color
October 4, 2007
Comments(44)What do you think of the latest rendering of Penn Centre? The plans, designed by Browning Day Mullins Dierdorf,
call for a 240-room Le Meridien hotel, 150-room aloft hotel,...
MoreCity denies Bush Stadium reports
October 4, 2007
Comments(9)The city has not decided whether to tear down Bush Stadium, spokeswomen for the mayor and the Department
of Metropolitan Development said this afternoon, denying news reports. WTHR reported on its Web...
MorePenn Centre wins approval
October 4, 2007
Comments(18)The Indianapolis Historic Preservation Commission gave its unanimous approval last night for Penn Centre, a
massive hotel, residential and restaurant development across from Conseco Fieldhouse. The next step is to add
more...
MoreA cleaner Canal
October 3, 2007
Comments(18)The city has agreed to pay a Kokomo company up to $423,000 to clean the Central Canal from 11th Street
to the White River. The deal with biosolids management firm Merrell Bros....
MoreFleeing the ... suburbs?
October 2, 2007
Comments(18)August Mack Environmental said today it will move its corporate headquarters from Castleton to downtown's Lexington
at Meridian. The Indianapolis-based environmental consulting company plans to take 16,200 square feet in the
former home...
MoreSkewers of meat and more
October 1, 2007
Comments(22)A few nuggets to break up an otherwise slow day for real estate news:
All-You-Can-Eat Meat: The deal is done to bring the upscale Brazilian Steakhouse Fogo de Chão (fo-go dèe
shoun, or fire...
MoreDevelopers pitch Meridian Street infill
October 1, 2007
Comments(16)Two local developers have plans to replace downtown parking lots along Meridian Street with new mixed-use
buildings. Jupiter Land Group, headed by restaurateur Rick Coombes, wants to build a five-story retail...
MoreIPS pledge: Fence is temporary
September 28, 2007
Comments(17)The second- and third-floor parking levels of the Indianapolis Public Schools headquarters will remain surrounded
on three sides by a chain-link fence at least until the spring, a school district official said today....
MoreFoot Locker taking Flagstar space
September 24, 2007
Comments(19)Foot Locker has filed plans to open a 3,300-square-foot store at the corner of Meridian and Washington streets
downtown. The space currently is home to Flagstar Bank, which plans to move to...
MoreWFYI's new headquarters
September 20, 2007
Comments(10)WFYI plans to break ground this morning on an expansion of its new headquarters building. The public broadcaster
is moving into the former Vectren Building at 1630 N. Meridian St. WFYI will...
MoreRestaurant rumblings: Brazilian
September 19, 2007
Comments(14)At least two more Brazilian steakhouse concepts are looking to open new restaurants in Indianapolis, brokers
say. The first to debut locally, Brazilian Grill, opened a few months ago at 86th Street...
MoreMass Ave building for sale
September 19, 2007
Comments(14)The Massala Building on Massachusetts Avenue has been listed for sale. The 36,000-square-foot building is home
to MacNivens Restaurant & Bar and is next door to the site of 3 Mass, a...
MoreNightclub eyes Union Station
September 18, 2007
Comments(30)The city has reached a preliminary agreement to lease 12,600 square feet in the basement of Union Station
for a new restaurant and nightclub. The lease is with The Arantee Group, one...
MorePost-fire restoration underway
September 13, 2007
Comments(18)In the discussion about Jaron Garrett's plans for Washington and Pennsylvania streets, someone asked about
38 E. Washington St. The building burned earlier this year, and now is being...
MoreLockerbie Park phase 2 on hold
September 5, 2007
Comments(48)The foundations and garage slabs are in place for the next phase of Lockerbie Park, but construction is
on hold for now. The project at College and Michigan streets has not sold...
MoreFarewell, mediocre pizza buffet
September 4, 2007
Comments(19)At the top of a lunch-time retail roundup: Downtown's Bearno's Pizza has closed and will be replaced by
Flagstar Bank. A sign on the door says to look for Bearno's elsewhere in...
More
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.