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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.
MSA Blog Posts
City 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.
MoreNew mayor, now what?
November 7, 2007
Comments(43)Real estate developers today are trying to sort out the implications of a major upset in the mayor's race.
The mayor-elect, Republican Greg Ballard (pictured), didn't reveal much about his philosophy on...
MoreAnother delay for MSA
September 4, 2007
Comments(23)Hopes for a quick decision on who will redevelop the Market Square Arena site are quickly fading. City officials
had promised a decision by July at the latest, but the political climate...
MoreOpen thread: What's happening?
August 9, 2007
Comments(37)Your Friday gift: An open thread to discuss whatever real estate topics are on your minds. Fashion Mall?
MSA? Penn Centre? The new BMW ad on this blog? We're classin' it...
MoreHurry up and wait for MSA
July 6, 2007
Comments(12)City officials gave developers a tight, two-month time frame to come up with a second round of proposals
to redevelop the Market Square Arena site. The RFP was issued Feb. 21, and...
MoreCurious price estimates?
April 25, 2007
Comments(0)A self-imposed MSA moratorium begins after this post. But I can't help but ask: How is it that the taller,
more ambitious proposal for the Market Square Arena site costs $20 million less? The $130-million proposal
for MSA calls for...
MoreTaxpayers' MSA price uncertain
April 24, 2007
Comment(1)Neither of the teams hoping to redevelop the Market Square Arena site mention a specific figure for city
incentive in documents filed with the city, but both say they need public money to make their projects work.
In the $150-million...
MoreOffice Space, anyone?
April 19, 2007
Comment(1)There's plenty available. New numbers from Colliers Turley Martin Tucker show office vacancy rates all over
the city rose in the first quarter of 2007. Downtown's vacancy rate took a beating again, rising...
MoreYour turn: MSA
April 18, 2007
Comments(16)Only two teams are competing to redevelop the Market Square Arena site, fewer than many had expected. Both
proposals call for mid-rise projects that would include retail and residential components. Check out the renderings
and more details below. What does...
MoreTarget proposed for MSA site
April 18, 2007
Comments(20)A partnership of Hearthview Residential, Mansur Real Estate Services, Lauth and Venture Real Estate has proposed
a complex including a 14-story tower along with a Target store, office space and condos for the...
MoreKosene pitches towers
April 18, 2007
Comments(15)A $130-million retail and residential complex with two towers on either side of Market Street is one of
the proposals expected today for redevelopment of the Market Square Arena site. Proposals are due at noon.
April 18, 2007
Comments(0)Bids for redevelopment of the Market Square Arena site are due at noon today. Who will file? What will they propose? Share
your thoughts here, and check ibj.com and this blog for updates all day.
More
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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.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.