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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
Fishers 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...
MoreHot Shotz takes over Bennigan's
October 7, 2008
Comments(19)A closed Bennigan's restaurant in Fishers is now home to Hot Shotz. The local restaurant's previous location,
near 96th Street and Gray Road, was destroyed in a fire on June 28. The new...
MoreCredit mess puts Ralston on hold
October 2, 2008
Comments(32)A $60 million project slated for South Street between Meridian and Pennsylvania streets is on hold until
credit markets return to some semblance of normal, the developer...
MoreAround town retail roundup
September 30, 2008
Comments(50)Loads of retail news to report today:
UPDATE: The Taste of Tango restaurant may be back on track. A sign on the door says the restaurant is
"coming soon" and "now hiring." Old...
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...
MoreThen & Now: The Dome
September 25, 2008
Comments(9)From architect Bob Hague: "I was a graduate architect just out of school responsible for building the study
model, developing the construction documents and construction administration. Was involved in the project for
3 years. The rooftop tours are from 1983...
MoreRIP, RCA Dome
September 24, 2008
Comments(41)Today is deflation day for the 24-year-old RCA Dome. Former Mayor Bill Hudnut is scheduled to begin letting
the air out at 10:30 a.m. The stadium was built for $82 million...
MoreHave we learned anything?
September 22, 2008
Comments(55)As Congress began debating a $700-billion bailout plan for institutions stung by loose lending practices, C.P.
Morgan sent this e-mail last week:
And in a separate...
MoreAce eyes Fall Creek Place
September 18, 2008
Comments(37)King Park Area Development Corp. is in advanced talks with Ace Hardware to anchor a new retail project at
the northeast corner of 22nd and...
MoreCity, BW3 reach deal
September 15, 2008
Comments(54)The owners of downtown's new BW3 and city planners have reached agreement on a new design. Changes shown
in the rendering below include new lighting fixtures and removal of yellow "highlights" behind them, along
with removal of black-and-white checkers on...
MoreGroup eyes new vision for Circle
September 15, 2008
Comments(40)A group of local business and civic leaders are hoping to transform Monument Circle into a grand public
space in the European model, a pedestrian-friendly piazza that draws crowds year-round to...
MoreWatch out, King David
September 11, 2008
Comments(36)A California chain called Jody Maroni's Sausage Kingdom plans to open a new store in Circle Centre Mall.
The restaurant calls itself "Home of the Haut Dog" and serves gourmet...
MoreUIndy unveils new dorm
September 10, 2008
Comments(52)The University of Indianapolis plans to break ground on a new $9-million residence hall, the campus' sixth,
on Thursday. The four-story...
MoreBuggs Temple restaurant closing
September 9, 2008
Comments(21)Tavern at the Temple restaurant at 11th Street and the Central Canal in Buggs Temple will close for good
on Wednesday. Creation Cafe, a casual restaurant and...
MoreSour market slows Penn Arts work
September 9, 2008
Comments(18)Developer Christopher Piazza says "difficult market conditions" have led to a delay for his $3-million renovation
of the Penn Arts building at 16th and Pennsylvania...
More
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!