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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
Green developer has $20M pipeline
February 4, 2008
Comments(5)Is green development finally catching on in Indianapolis? The four owners of Casa Verde LLC certainly hope
so. The company has plans for a $14-million, LEED-certified condo project in Columbus. In Indianapolis,...
MoreOld Centrum to close
January 31, 2008
Comments(38)The Old Centrum is scheduled to close at the end of March, leaving an uncertain future for the former Central
Avenue United Methodist Church at 12th and Central. The...
MoreLOS
January 25, 2008
Comments(9)Here are some photos of the new Lucas Oil Stadium shot during a tour on Jan. 24. I was a guest of the
Concord Business Association.
More
MoreWhen factories close, what's next?
January 23, 2008
Comments(12)A Bloomington developer is planning a $20-million revival of the former Thomson Consumer Electronics plant
on the city's near east side. The 50-acre Sherman Park property has become an eyesore since the...
MoreHoly condos! Look at Meridian Arch
January 22, 2008
Comments(36)One of the city's most unique condo projects, a reuse of the former Meridian Street Methodist Episcopal Church
at 802 N. Meridian St., is almost done. The first new residents of the...
More2 restaurants plan new locations
January 21, 2008
Comments(24)Broad Ripple's Naked Tchopstix is expanding its original location and adding another along 96th Street. A
new bar is scheduled to open this week at the Broad Ripple sushi hotspot....
MoreThe demise of Damon's Grill
January 14, 2008
Comments(12)The Indianapolis restaurateur who owns D'Vine Wine Bar and The Melting Pot has closed his two remaining Damon's
Grill locations, at Southport Road and I-65, and along State Road 37 in Martinsville. Bennet...
MoreConservancy plans 'green' HQ
January 11, 2008
Comments(25)The Nature Conservancy has agreed to buy an old industrial property on the eastern edge of downtown to develop
a new Indiana headquarters. The $4.5 million project will revitalize...
MoreUpdates on downtown projects
January 9, 2008
Comments(19)By popular demand, here are a few updates on new development projects: The Maxwell is coming out of the
ground on schedule, but sales have been slow so far,...
MoreMore closings, some temporary
January 8, 2008
Comments(19)The Music Mill, a north-side restaurant, bar and concert venue, has temporarily closed its restaurant for
a renovation. The box office remains open at the 82nd Street facility.
Seven nightclub in Broad Ripple...
MoreCondos take shape atop building
January 7, 2008
Comments(26)Construction has begun on a project that will add 18 condos and four penthouses to the top of a historic
four-story office building at 429 N. Pennsylvania St. The project, dubbed...
MoreGoing out of business
January 3, 2008
Comments(34)Several stores are calling it quits at local malls. The highest profile is the Macy's at Washington Square.
Other closings include Gap stores, a Limited Too and The Walking Co. Have...
MoreFinale underway for Piano Merchant
December 26, 2007
Comments(5)The Piano Merchant is closing after almost 22 years in business at the corner of 54th Street and College
Avenue. One of the three partners is ill and another...
MoreBar & Grill replacing trophy shop
December 21, 2007
Comments(31)Brothers Bar & Grill, a small Wisconsin-based chain, has filed plans to replace Broad Ripple Trophy Center
at one of the neighborhood's most prominent corners, said Senior Planner Bryan...
MorePremier plows forward on Venu
December 17, 2007
Comments(44)A new site plan for the $750-million Venu project shows four anchor tenants: Whole Foods; Barnes & Noble;
Arhaus, an upscale furniture retailer; and REI, an outdoor-gear superstore that would be new to...
MoreA greasy-spoon grudge match
December 13, 2007
Comments(24)Long a staple in the South, Huddle House diners are beginning to pop up in Indiana. Can they outmatch Bud's
Chili and Alice's Iced Tea over at Waffle House? The first Indianapolis-area...
MoreFuture murky for Lafayette Square
December 12, 2007
Comments(39)If Simon couldn't revive Lafayette Square Mall, what can be expected from an out-of-town company without the
same mall experience? Simon Property Group is selling the 1.2 million-square-foot Lafayette Square Mall to...
MoreBallard office gets free parking
December 12, 2007
Comments(32)The cost of parking is one of the top reasons office space has been a tough sell downtown when compared
to the suburbs. But it's not a problem if you're the mayor-elect....
MoreFarewell, Eastgate parking lots
December 11, 2007
Comments(19)Here's the Lifeline Data Centers site plan for its reuse of the old Eastgate Consumer Mall. What do you
think of the lake and walking trails? More
New life for Eastgate
December 7, 2007
Comments(37)The long-vacant Eastgate Consumer Mall finally is getting a new tenant: a data-storage and web-hosting company.
City officials are planning an 11 a.m. announcement today detailing an expansion for locally based...
MoreHoulihan's gets hip
December 4, 2007
Comments(45)Kansas-based restaurant chain Houlihan's has inked deals for new diners at Castleton Square Mall and Hamilton
Town Center and hopes to open two other restaurants in Plainfield and Greenwood. The chain also has...
MoreYour wish list?
November 30, 2007
Comments(55)A final discussion question to consider today: What retailers, restaurants or development methods are missing
from Indy? Plenty of new names are entering the market, and "green" building seems to be gaining...
MoreFive-o-clock, time for bar news
November 14, 2007
Comments(10)An upscale martini bar and restaurant has signed a deal to take the anchor retail space at 757 Mass Ave,
the luxury condo building at the southwest corner of Massachusetts and College avenues....
MoreFresh Market rendering
November 8, 2007
Comments(32)Several people have asked about renderings of the new Fresh Market at 54th and College. The best I can
do for now is this color elevation. The top image is the view from 54th Street and shows the entrance
for...
MoreWhole Foods and a retractable roof
October 27, 2007
Comments(18)Premier Properties, the developer of Venu at 86th Street and Keystone Avenue, has acquired a 13-acre property
across the street where another developer had planned to build a Whole Foods and condos. Premier...
More
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.