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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.
Indianapolis Blog Posts
Extreme Makeover: Cub Foods edition
May 31, 2007
Comments(10)There is a clear winner in the category of Most Surprising Reuse of a Former Cub Foods. Property Lines
got a tour this morning of the new Calvary Christian School at...
MoreCheesecake heads South
May 29, 2007
Comments(5)The decision by Cheesecake Factory to open its second Indianapolis restaurant on the south side seems to
validate the consensus among brokers that the area has been underserved by restaurants. The California-based...
MorePlan calls for mixed-use giant
May 26, 2007
Comments(39)A local developer is planning an ambitious project called Woodfield Crossing that would add 1.8 million square
feet of development to the southwest corner of 86th Street and Keystone Avenue. The project,...
MoreVenu
May 26, 2007
Comments(12)Venu calls for a mall roughly the size of The Fashion Mall at Keystone, a 575-room hotel that would be
the city’s third largest after a new JW Marriott and the Indianapolis Marriott Downtown, and an office
building with nearly...
MoreRestaurant bonanza
May 25, 2007
Comments(31)A local businessman has plans for two new independent restaurants downtown near the corner of Ohio and East
streets. One of them, Cabo's Mexican Grill, is slated to open next week at 132 East St., across from Fifth
Third Bank....
MoreA quest to revive TeePee
May 24, 2007
Comments(3)Dick Turner, the man who owns the name and recipes to the classic Indy restaurants from the 1930s to 1970s,
is hoping to open an updated version on the south side. Check out the story here. At its...
MoreHamilton Town Center starting lineup
May 23, 2007
Comments(31)Several major retailers are poised to open in the new Hamilton Town Center, the 900,000-square-foot shopping
center under construction at Interstate 69 and the new 146th Street. Simon Property Group says in documents
promoting the project that it will include...
MoreSuper Bowl disappointment
May 22, 2007
Comments(9)Word of Indy's Super Bowl defeat spread quickly among Hoosiers attending the International Council of Shopping
Centers annual event in Las Vegas. Employees at booths for several real estate companies, including Simon,
checked news Web sites all morning...
MoreGlendale plans include Panera
May 22, 2007
Comments(13)A site plan from Kite Realty Group shows how a new Target store will fit within Glendale Town Center and
also reveals some of the shopping center's new tenants. A...
MoreSimon carries a big stick
May 21, 2007
Comments(2)Simon Property Group obviously has sway in Indianapolis, having built its headquarters on a public plaza.
But the company's clout goes far beyond the Hoosier state. That is abundantly clear at the...
MoreMann pitching new projects
May 21, 2007
Comments(3)Locally based Mann Properties is pitching retailers in Las Vegas this week on a couple of mixed-use developments
slated for the north side: A project with 132 townhomes and a retail strip called Creekside Shoppes would
be built along 86th...
MoreUpdate from Vegas
May 21, 2007
Comments(5)Because of the three-hour time difference between Indianapolis and Las Vegas, I won’t have much to say
until this afternoon. I promise it’s the time difference and not that party last night at The Palms. I
was working, promise. Asked...
MoreLeasing Las Vegas
May 18, 2007
Comment(1)Property Lines will be on location in Las Vegas next week for the retail real estate community's version
of the Super Bowl. The annual International Council of Shopping Centers event is the nation's...
MoreLate lunch: Dining shakeup
May 17, 2007
Comments(14)Here are some restaurant nuggets, along with a chance to win free food: The Jimmy Johns on Pennsylvania
Street downtown has closed. The chain has another restaurant about a block away, at Meridian and Washington
streets.Hoaglin Fine Catering plans to...
MoreUpdate: Hotel could get "green" roof
May 16, 2007
Comments(10)Developers may add a "green" roof to plans unveiled yesterday for a $325-million JW Marriott hotel complex.
A spokesman for the development team tells Property Lines that conversations are underway about installing
the environmentally friendly feature atop part of a...
MoreNew restaurant at Dodd's Townhouse
May 16, 2007
Comments(22)A group of local investors are planning a new restaurant dubbed The Meridian in the former home of Dodd's
Townhouse at 5694 N. Meridian St. Former Ruth's Chris Executive Chef Dan...
MoreNew hotel will be city's tallest
May 15, 2007
Comments(29)Downtown's new convention headquarters hotel got a sleek new look this afternoon. The $325-million campus of
hotels will include the tallest hotel in Indianapolis, a 29-story JW Marriott topped with more than...
MoreA taller JW Marriott?
May 15, 2007
Comments(6)Developers plan to unveil a significantly updated set of plans this afternoon for a JW Marriott convention
hotel across the street from Victory Field. For one, the 1,000-room hotel will be taller than the 22 stories
originally proposed, said Jeremy...
More305 condos replacing apartments
May 14, 2007
Comments(14)A $150-million luxury condo development known as Renaissance Bay will replace an apartment complex along Keystone
Avenue at 78th Street. All that remains of The Landings apartments are massive piles of concrete...
MoreCondo craze on Winthrop Avenue
May 14, 2007
Comments(5)A local developer is hoping to build another dense condo project in Broad Ripple along Winthrop Avenue. The
proposal by locally based Page Development would bring 27 condos to 1.5 acres between Winthrop and the Monon
Trail, just south of...
MoreIf you're out this weekend...
May 11, 2007
Comments(8)Let me know what you see. Notice a new project or for-sale sign? Leave me a comment, and I'll try to find out what's going
on. What have you seen lately?
MoreNorth side project to include Paradise
May 11, 2007
Comments(7)A two-building office and retail complex at the corner of Meridian and 96th Street will include a Paradise
Bakery & Cafe and a McAlister's Deli. Landmark Properties is developing the 45,700-square-foot project...
MoreReviving Mass Ave's East End
May 9, 2007
Comments(10)A development team is hoping to replace an Indianapolis Public Schools operations center on Mass Ave with
up to 400 homes and 200,000 square feet of retail space. The project would encompass 11 acres and preserve
an historic former Coca-Cola...
MoreAnother Candlewood hotel planned
May 9, 2007
Comment(1)Developers are planning a new 80-room Candlewood Suites hotel on the east side at 21st Street and Shadeland
Avenue. Constructed is slated to start next summer on the hotel, which would be the fourth in Indianapolis
for the InterContinental Hotels...
More
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.