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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.
Recent Blog Posts
More downtown restaurant news
December 22, 2008
Comments(33)Noodles & Co. plans to open in the long-vacant former home of Hard Times Cafe, which is just west of Houlihan's
and Steak n Shake on Maryland Street. The Colorado-based chain...
MoreRCA Dome implosion video
December 20, 2008
Comments(7)In case you missed it about 9:30 a.m. Saturday:
MorePita Pit coming downtown
December 17, 2008
Comments(30)The downtown lunch crowd will have one more option in the spring: Pita Pit. The Lebanese-style pitas chain
already has a restaurant on West 86th Street across...
MoreRIP J. Gumbo's. Who's next?
December 15, 2008
Comments(76)In a move that probably won't surprise anyone who tried the food, J. Gumbo's is closing after a six-month
run on the first floor of the Hampton...
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)
MoreApartment renovation in Irvington
December 9, 2008
Comments(37)Apartment developer Christopher Piazza has closed on financing for a $1.2-million renovation of a 1914 apartment
building in Irvington. The 31-unit...
MoreTower would offer balloon rides
December 8, 2008
Comments(45)Wow, you leave on vacation for a week, and miss this: Two Indianapolis businessmen are hoping to build a
balloon-ride attraction within a 20-story, tubular steel tower....
MorePredictions for 2009?
December 3, 2008
Comments(24)It has been a rough year for most in the real estate business. Home sales dropped precipitously, financing
dried up and major projects hit the brakes. Will the carnage continue in 2009? Share your predictions. Blog
host Cory Schouten is...
MoreHot Box coming to Carmel
November 25, 2008
Comments(17)The Hot Box pizza chain has reached a deal with a pair of veteran local restaurateurs to open two new
locations in Carmel. The first, scheduled to open in January, will...
MoreMore bad news for Indy malls
November 21, 2008
Comments(46)Bankrupt retailer Steve & Barry's now plans to close all of its remaining stores, including anchor shops
at Lafayette Square and Washington Square malls. Bay Harbour Management and York Capital Management,...
MoreHip sandwich chain eyes Indy
November 18, 2008
Comments(28)A Dallas-based sandwich chain plans to open up to 10 locations in central Indiana in the next several years,
IBJ's Chip Cutter reports. Local franchisee Darcie Mueting is scoping out real estate...
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...
MoreAround town retail round-up
November 11, 2008
Comments(45)Several retail nuggets to peruse today:
Reis-Nichols plans to add 2,000 square feet to its Greenwood store by taking over the former Steve's Flowers
& Gifts space. The $500,000 project is slated to...
MoreMore than the Whistle Stop
November 7, 2008
Comments(7)The former Whistle Stop Deli at 901 East 64th St. isn't the only building along the Monon Trail the city's
parks department is...
MoreFishers tables $100M project
November 6, 2008
Comments(13)An Ohio developer and the Town of Fishers have agreed to cancel a 2007 development agreement that called
for a $100-million mixed-use project featuring 250,000...
More3Mass taking shape
November 5, 2008
Comments(32)The luxury condo and retail project called 3 Mass is taking shape as sales pick up speed. Buyers have snapped
up 26 of the 44 units, including $8 million in sales in September and October, said Todd Maurer of lead...
MoreThe Property Lines vote
November 4, 2008
Comments(22)To keep this post topical, I'll start with a link to this week's Real Estate Weekly. The news has been
slow lately, but my colleague Chip Cutter still managed to dig up some good nuggets. The real...
MoreUpdate: City OK with abatement
October 31, 2008
Comments(10)The city has decided to support a request by Buckingham Cos. to abate part of the additional tax liability
stemming from its $2.5-million renovation of...
MoreWhat to do with the old St. Francis
October 29, 2008
Comments(12)Beech Grove is working on a redevelopment proposal for its St. Francis Hospital campus. The tentative plans
call for a mix of office, senior residential and possibly retail....
MoreCity looking for Whistle Stop tenant
October 27, 2008
Comments(32)The city is looking for a new tenant for the former Broad Ripple Monon rail station at 901 East...
MoreIncentives for Buckingham HQ?
October 22, 2008
Comments(11)The city is taking a second look at a tax abatement request for the historic Stokely-Van Camp building at
941 N. Meridian St. Developer Buckingham...
MoreSears departure stings mall
October 17, 2008
Comments(30)The decision by Sears Holding Co. to close its store at Lafayette Square Mall could deal a serious blow
to efforts by a New York...
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)
...
MoreAnother D'vine move; Siam Square
October 10, 2008
Comments(6)A popular northside wine bar will close at the end of October to move to a smaller space behind Castleton
Square Mall. D'vine a wine bar moved from Woodfield Crossing...
MoreWings at last
October 9, 2008
Comments(34)The new Buffalo Wild Wings is on schedule to open on Oct. 19. They're still waiting on "window boxes" that
will feature artwork in the three windows on the left. Otherwise, do you like the new, toned-down look?
(IBJ photo/Robin...
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.