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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.
Office Blog Posts
Mental health association buys Yellow Rose Inn
December 4, 2009
Comments(6)An elegant Old Northside mansion known as the Yellow Rose Inn has a new owner with plans to discontinue a bed-and-breakfast
operation.
MoreDeveloper eyes Penn Centre as it wraps up Allen Plaza
November 19, 2009
Comments(4)Allen Commercial Group is offering for sale the first of 30 condos in its flagship nine-story Allen Plaza building along Pennsylvania
Street downtown. And the firm is working on a phasing plan for its much-larger Penn Centre proposal.
MoreThe Nature Conservancy sets green example with new HQ
November 6, 2009
Comments(9)The Nature Conservancy's new $10-million headquarters has enough environmentally friendly features to qualify for the highest
level of LEED certification.
MoreIBJ Media seeking approval for new projecting sign
November 2, 2009
Comments(7)The parent company of IBJ has filed plans to add a new sign with an electronic-message component outside the newspaper's headquarters
at 41 E. Washington St.
MoreRenovation planned for former Buick showroom
September 30, 2009
Comments(15)Builder and developer Shiel Sexton is renovating an historic former Buick showroom that most recently served as a self-storage
facility into LEED-certified office space.
MoreRegions Bank joins skyline
September 29, 2009
Comments(10)The Regions name and logo are joining the city's skyline atop One Indiana Square.
MoreBrokers revise plan for key lots
March 23, 2009
Comments(18)The owners of two vacant buildings and a fenced lot along Washington Street downtown aren’t giving up on
redevelopment even after their plans for a...
MoreOffice building getting a new look
December 29, 2008
Comments(19)A four-story building at Washington and Delaware streets downtown is getting a full makeover. The 11,000-square-foot
property is being marketed to retail users for the first floor and office for the other three. No tenants
have committed yet, said Harvey...
MoreBlue fins in the sky
December 11, 2008
Comments(28)One Indiana Square is getting its new fin features, designed in part to give the building a more vertical
and less boxy profile. They also are adding a splash of color. What do you think? (IBJ Photos/Robin Jerstad)
MoreIU's new business incubator
November 18, 2008
Comments(6)IU is breaking ground today on a $10 million life-sciences and Internet-technology incubator in Bloomington.
The new facility will be 40,000 square feet and is scheduled for...
MoreLike a new skyscraper
October 13, 2008
Comments(39)The new curtain wall is almost done on the north and south faces of One Indiana Square. What do you think
so far? (IBJ Photo/Robin Jerstad)
...
MoreM&I sign appears atop skyscraper
September 29, 2008
Comments(25)The first of four M&I Bank signs has finally taken its place atop the former First Indiana Plaza. Workers
were installing one of the signs...
MoreInsurance firm plans new HQ
August 19, 2008
Comments(40)McGowan Insurance Group plans to build a new 19,000-square-foot headquarters on a triangle-shaped property at
340 N. Capitol Ave. where an ealier proposal called for 30 condos and a bank....
MoreTower House proposal dead
July 29, 2008
Comments(9)A local accounting firm has bought the Grain Dealers Mutual Insurance building along Meridian Street for its
headquarters after a local developer couldn't...
MoreNew renderings of Allen Plaza
July 7, 2008
Comments(48)Check out the latest renderings for the revamped Jefferson Plaza, which soon will be known as Allen Plaza.
Local favorite Scotty's...
MoreFun with renderings & Walmart
July 1, 2008
Comments(45)Check out the proposed look for Brothers Bar & Grill in Broad Ripple (reported here in December). Keystone
Construction has been awarded the...
MoreJ.F. Wild building getting makeover
April 2, 2008
Comments(28)A local firm has begun renovations on an historic 12-story former bank building at 129 E. Market St. Crown
Property Group bought the J.F. Wild & Co. building from...
MoreVeterans group moving downtown
February 5, 2008
Comments(20)The Hoosier Veterans Assistance Foundation is renovating a two-story building near the Central Library to serve
as its new headquarters. The not-for-profit group, which now is located at the former...
MoreTower's history revealed
November 13, 2007
Comments(14)Contractors uncovered a bit of history this week as they continued renovation work at One Indiana Square,
the 36-story office tower at Ohio and Pennsylvania streets. The work revealed parts...
MoreHighway project could swallow hotel
October 15, 2007
Comments(24)A $600-million plan to revamp interstates 465 and 69 on the northeast side could have a major impact on
buildings near the highways. Several properties, including a couple of office buildings, some...
MoreFleeing the ... suburbs?
October 2, 2007
Comments(18)August Mack Environmental said today it will move its corporate headquarters from Castleton to downtown's Lexington
at Meridian. The Indianapolis-based environmental consulting company plans to take 16,200 square feet in the
former home...
MoreMass Ave building for sale
September 19, 2007
Comments(14)The Massala Building on Massachusetts Avenue has been listed for sale. The 36,000-square-foot building is home
to MacNivens Restaurant & Bar and is next door to the site of 3 Mass, a...
MorePost-fire restoration underway
September 13, 2007
Comments(18)In the discussion about Jaron Garrett's plans for Washington and Pennsylvania streets, someone asked about
38 E. Washington St. The building burned earlier this year, and now is being...
MoreBetter know a developer: Lauth
September 7, 2007
Comments(14)Locally based Lauth had a big week. They announced plans for a 7.1-million-square-foot distribution park on
555 acres at Interstate 70 and State Road 39 near Plainfield. But lately the company...
MoreWedding Cake, Anyone?
August 29, 2007
Comments(10)One of Indy's most unique houses is up for sale, with an asking price of $449,900. The Wedding Cake House,
built in 1873, has been home to the central regional office...
More
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As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.
If Whole Foods went in, I doubt the Nora one would stay open, and with all those customers coming to Broad Ripple traffic would be horrible, and forget about a run to the grocery on weekend nights. I think concern over the number of apartments is misplaced, but the 400 space parking garage has me concerned - someone needs to ask the developer just how much traffic they think this development is going to generate. I am not against more neighborhood residents, but heavy commercial traffic going in and out at that location sounds like a mess.
I thought everyone was innocent until guilt was proven. Seems people have already convicted Reggie in the press. My nephew was a good kid and is a good man, more to this story im sure
Going by the Marion County population only is of little use. 13th largest? No Way! To judge the real size of a metro area, the easy way is to look at the Arbitron rating list. Indianapolis hovers around 40th largest in the nation--sometimes more, sometimes less. Advertisers want to know exactly how large the population is before they buy radio advertising. Arbitron figured it out long ago. Indianapolis is estimated at 1,427,500. The real #13 is Seattle-Tacoma with a metro population of 3,470,400. So, the population of just Marion County is completely irrelevant to anything useful as far as metro area planning.