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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.
Retail Blog Posts
Redevelopment planned for prime Broad Ripple corner
September 9, 2010
Comments(23)A local real estate investor is trying to lure a new restaurant to a prime corner in Broad Ripple.
MoreKite lands new tenants for Fishers shopping center
September 7, 2010
Comments(12)Kite Realty Group Trust has landed Goodwill, Dollar Tree and Mexico City Grill for a renovation of its Fishers Station shopping
center at the northeast corner of 116th Street and Allisonville Road in Fishers.
MoreDunkin Donuts angling to take over Bonjour building
June 2, 2010
Comments(46)Dunkin Donuts and Baskin-Robbins could soon take over the former home of Bonjour Cafe & Bakery at Meridian and 24th streets
if the owner wins city approval to add a drive-through.
MoreDowntown shakeup: Tea Cozy closes, Sahm's moves, Urban Elements expands
February 25, 2010
Comments(12)Check out a roundup of big changes for the downtown restaurant scene including Tea Cozy, Sahm's and Urban Element, plus a
new fitness option at the Majestic Building.
MoreCity 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.
MoreDeveloper plans expansion of Riley Towers apartments
January 12, 2010
Comments(15)The owner of downtown's Riley Towers apartments is working on plans for a 5-story expansion at 225 E. North St. that would
add 54 apartment units and more than 4,000 square feet of retail space.
MoreAshley Furniture HomeStore closing Carmel outpost
January 5, 2010
Comments(13)The Ashley Furniture store in Carmel will close later this month after the owner and landlord failed to come to terms on a
lease renewal.
MoreAround town retail roundup
November 17, 2009
Comments(16)Check out some of the latest comings and goings among Indianapolis restaurants and retail shops, including a new bar in downtown's
3Mass, Hot Box planning a new location and a wine shop headed to Fishers.
MoreYats opening new concept near Central Library
October 21, 2009
Comments(16)Yats plans to open a new restaurant and bar concept in the first floor of the The Ambassador apartment building next to the
Central Library.
MoreNew coffee shop named for Fletcher Place founder
October 20, 2009
Comments(9)Local investors have opened a new coffee shop in Fletcher Place they plan to turn into a not-for-profit to raise money for
local charities.
MoreAmusement center taking space in Clay Terrace
October 15, 2009
Comments(4)A children's amusement center is taking over the former Circuit City space at Clay Terrace in Carmel.
MoreEfforts target blight on 16th
October 13, 2009
Comments(9)A stretch of 16th Street could see new life as the Indianapolis Housing Agency plans to redevelop a troubled low-income housing
project and Kroger revives efforts to acquire land and plan a new supermarket to replace a cramped, old-format location.
MoreCity approves new CVS store
October 12, 2009
Comments(3)The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate
69.
MoreNew retail strip to replace Altum's Garden Center
September 17, 2009
Comments(21)Kroger has signed on to anchor a new shopping center along Michigan Road north of 106th Street on the site of Altum's Garden
Center.
MoreAround town roundup
September 9, 2009
Comments(2)Find out about a new Latin market and tapas bar, plans to renovate the Apple Store and post office closings.
MoreKilroy's will soon be here
August 31, 2009
Comments(0)The former home of Smokey Bones Barbeque and Grill at 201 S. Meridian St. is getting a new tenant after sitting vacant for
more than two years. The Bloomington institution Kilroy's plans to open a new location in the 8,700-square-foot space.
MoreKahn's taking former O'Malia store
August 24, 2009
Comments(12)Kahn's Fine Wine & Spirits plans to open a second location in a former O'Malia Food Market at the northeast corner of 86th
Street and Township Line Road.
MoreCollege Park theater closes
August 10, 2009
Comments(34)The AMC Loews College Park 14 movie theater has closed after a 25-year run at West 86th Street and Michigan Road. The outdated
theater in the Walmart-anchored complex couldn't compete with Showplace 12 at Traders Point, which opened a few years ago
MoreCo-op grocery plans take shape
August 3, 2009
Comments(42)Indy Food Cooperative plans to open the city's first not-for-profit grocery store in a 70-year-old former
appliance store along East 10th...
MoreWine bar planned for Conrad
July 10, 2009
Comments(28)Plans are in the works for a wine bar called Tastings that would take the first-floor corner space at the
Conrad Indianapolis and...
MoreMadison Avenue retail planned
July 7, 2009
Comments(25)A local developer is planning a retail strip center for a run-down parcel along Madison Avenue south of
downtown. The plans by Keystone Construction Corp. call for...
MoreSo long, SoDo
June 30, 2009
Comments(18)The owners of a 1.3-acre parking lot southeast of Meridian and South streets have put the property up for
sale, apparently putting an end to the dream...
MoreBally Fitness locations to close
June 23, 2009
Comments(13)Two local Bally Total Fitness locations will close today as part of the parent company's reorganization under
Chapter 11 bankruptcy. Gyms along U.S. 31 in Greenwood and behind...
MoreGroup blasts Trail 'destruction'
June 10, 2009
Comments(44)Construction work on a new Kroger-anchored development along the Monon Trail at 86th Street is drawing the
ire of Nora neighborhood leaders. They're frustrated by the removal of trees and bushes along the trail by
the project's developer, locally based...
MoreArts vision for Virginia Avenue
June 8, 2009
Comments(10)A proposed $9 million project called Fletcher Place Arts calls for 56 mostly one-bedroom apartments, 8,700
square feet of first-floor retail or office space, and...
More
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First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.