Welcome to Property Lines, a place to feed your appetite for conversation about real estate in Indianapolis. I'm your host,
Cory Schouten,
IBJ's real estate beat reporter.
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.
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Lauren: I reported BJ's plans based on their filing for construction permits. Of course, it's possible the plans fell through. Will update if I can find out more.
This weekend the Indianapolis School of Ballet performed Russian Treasures at the Scottish Rite Cathedral Theater for huge, enthusiastic crowds. This group of young people, returning students and young guest artists did fantastic performances of Balanchine's Valse-Fantaisie, Swan Lake Act II, Raymonda Act III and Allegro Vivace. I was blown away by the professionalism and energy of this school, which is on the caliber with most professional companies. If you're looking for great dancing and production value, this downtown venue is worth seeing and supporting.
Are they indeed going up there? I was told by BJ's directly they had no new stores planned in the area...
The article mentions that Indiana casinos are losing revenue to Ohio and Illinois casinos, but neglects to mention that those regional competitors are smoke-free for worker health.
In other words, Indiana's smoke-filled casinos are losing revenue to smoke-free competitors - without a local or statewide clean air law in Indiana to blame for it. Meanwhile, Indiana's casino workers, in order to provide for their family in a tough economy, must face the health hazards of secondhand smoke on a daily basis including cancer, heart disease, COPD, and many other preventable diseases, and associated healthcare costs.
Indiana lawmakers should take a cue from states like Ohio, Illinois, Maryland, and Massachusetts and ensure that casino jobs don't sicken the very people those jobs are intended to help. Even sophisticated casino ventilation systems do not protect people from the serious health hazards of secondhand smoke.
Some bump day, huh? Why were Loyd and Hamilton not allowed to run? Both say they had rides. It must be all part of the Vision. The good news is no traffic and plenty of room to stretch out. It would be nice if someone picked up some trash, there was so much trash in the Paddock Penthouse yesterday it looked like a Hulman George family reunion.