Indianapolis Blog Posts

Downtown restaurant buzz

May 8, 2008
Comments(26)
Lots of excitement lately for downtown's restaurant scene: Brazilian steakhouse Fogo de Chão opens tonight in The Broadbent Building. And if last night's preview dinner was any indication, this place should do well. You...
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Update: Monon Place tabled

May 7, 2008
Comments(32)
Developers proposing a $15-million Broad Ripple project won a continuance today despite objections from remonstrators who pulled their children out of school to attend the hearing. Buckingham Cos. is...
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Ripple redevelopment, take two

May 1, 2008
Comments(58)
A local firm has a new plan for redeveloping a 14-acre site in Broad Ripple. The $15-million Monon Place project calls for 150 new apartments, a clubhouse and pool...
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Roundup: Bowling alley closing

April 22, 2008
Comments(9)
Sport Bowl calling it quitsThe owners of Sport Bowl, a south-side institution for 67 years, plan to close in about a week. The 32-lane bowling alley has struggled since locally based Royal Pin...
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The year flew by

April 16, 2008
Comments(24)
Property Lines turns one this week. We've reached 300 posts and more than 5,500 comments thanks to the participation and support of a loyal group of readers. Thank you.To mark the occasion, let's...
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More layoffs for developers

April 9, 2008
Comments(18)
News from the city's development industry has been grim lately. Duke Realty Corp. joined the layoff parade this week, dropping 45 employees (including 20 locally). In January, Lauth laid off 80 employees,...
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A vote for sidewalks

March 27, 2008
Comments(36)
The city next week will consider an ordinance making sidewalks a requirement for any new project in Marion County. When the ordinance was initially heard last October, officials from several...
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Pizza chain growing & more

March 25, 2008
Comments(19)
Monical's Pizza plans to open new restaurants in Carmel, Fishers and Indianapolis later this year. The Illinois-based chain, known for its thin-crust pies, already has six stores in Indiana: in Avon, Lafayette,...
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Friday open thread

March 21, 2008
Comments(55)
Besides college basketball, what's on your mind today? A starting point: What do you think of Simon Property Group's venture into the condo business with a 47-story tower atop a Nieman Marcus in Boston? (A spokeswoman for the tower's designer,...
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'Major downturn' for construction

March 19, 2008
Comments(9)
Wondering why development news seems to have ground to a halt? The nation's housing and economic woes are hitting development firms and slowing the demand for construction. The American Institute of Architects...
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Sinks, brownfields and insurance

March 17, 2008
Comments(27)
Getting you up to date: Airport sinks approved The Indianapolis Airport Authority board has approved an obscure bid package known as "T-31" that provides for the installation of floor-level foot sinks for...
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Mall getting go-karts and golf

March 14, 2008
Comments(31)
The new owners of Lafayette Square Mall are plotting a $12-million redevelopment that would add a go-kart track and PC gaming area to the former Lazarus. New York-based...
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Outlook grim for Venu

March 13, 2008
Comments(33)
Plenty of people are holding out hope that Premier Properties USA Inc. can pull off its ambitious, $750-million Venu project at the southwest corner of 86th Street and Keystone...
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Fabric, French food and fillings

February 27, 2008
Comments(12)
Today's collection of retail and restaurant nuggets are brought to you by the letter F. Eastside institution closing Circle Fabric, a staple at 30th Street and Shadeland Avenue for more...
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Is mall's sign a billboard?

February 20, 2008
Comments(29)
The city waived several zoning requirements in allowing Simon Property Group to install a giant electronic sign at the entrance to Castleton Square Mall. The electronic portion of...
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Latest real estate headlines

February 19, 2008
Comments(29)
It's a busy week for real estate news. Here are a few headlines: Circuit City closes Clay Terrace store Carmel's high-end lifestyle center Clay Terrace has an empty big box. Virginia-based Circuit...
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Preston's Rocks no more

February 18, 2008
Comments(15)
Wondering what happened to all those Preston's Rocks commercials and billboards? After three years in business, local jeweler Reis-Nichols has given up on the spinoff, all-diamond concept. The store, in...
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Former Colt behind condo project

February 15, 2008
Comments(26)
The developers of a new condo project just east of I-65/70 are hoping to capitalize on stunning skyline views and an upcoming reconfiguration of the Ohio Street Interstate ramp. The project, dubbed CityView,...
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Lockerbie mansion 'off the hook'

February 14, 2008
Comments(23)
Locally based Sparks Restorations has spent more than $1.5 million to buy and renovate an Italianate mansion in Lockerbie that was built in 1876. The mansion is now two giant...
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Tiny town getting huge project

February 13, 2008
Comments(13)
Locally based Mann Properties and Illinois-based Opus North are putting together plans for 1.5 million square feet of industrial and office space along Interstate 69 in Madison County. The 140-acre development, in...
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Trustee eyes $9M development

February 12, 2008
Comments(17)
Plans are taking shape for a $9-million, four-story building that would replace a one-story, township-owned structure at 875 Mass Ave. Center Township Trustee Carl Drummer plans to lease the property to Riley Area...
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Four score and a canal conundrum

February 11, 2008
Comments(35)
A community group is calling on state and local government officials to preserve a one-acre lot along the Central Canal as Lincoln Park in honor of the former president. The narrow strip...
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A smorgasbord of topics

February 8, 2008
Comments(33)
Workers are installing Flagstar Bank signs on the One North Penn building this week, including a sign atop the 13-story building. What do you think of the sign and...
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Retail roundup features new arrivals

February 7, 2008
Comments(9)
Not all news is bad for retail. A few stores are planning their first Indianapolis locations, while others are expanding. By popular demand, here's the Around Town Retail Roundup: Zumiez, an action-sports retailer, has...
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New developments coming soon

February 6, 2008
Comments(29)
Seen one of these signs? There are plenty around town. Here are a few notable projects slated for Metropolitan Development Commission hearings: Locally based Herman & Kittle Properties Inc. is proposing...
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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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