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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
Update: CVS files renderings
May 16, 2008
Comments(37)Check out the renderings for a CVS pharmacy at the southeast corner of 16th and Meridian streets. A previous
post on the development is here. What do you think? By request, the siteplan is More
Stutz Tower vision takes shape
May 15, 2008
Comments(25)The developer behind Stutz Business Center is pushing forward on plans for a tower at the southeast corner
of Senate Avenue and 11th Street. The project could be as...
MoreNew projects kick off summer
May 14, 2008
Comments(20)Brebeuf Jesuit Preparatory School broke ground this week on a new wellness center named for Mark G. Kite.
The project, shown here, results from the largest donation...
MoreSimons may give estate to IU
May 12, 2008
Comments(14)Billionaire philanthropists Mel and Bren Simon are laying the groundwork to give their 43,000-square-foot Carmel
mansion and private golf course to the IU Foundation and downsize into a new home in...
MoreDowntown restaurant buzz
May 8, 2008
Comments(26)Lots of excitement lately for downtown's restaurant scene:
Brazilian steakhouse Fogo de Chão opens tonight in The Broadbent Building. And if last night's preview dinner
was any indication, this place should do well. You...
MoreUpdate: Monon Place tabled
May 7, 2008
Comments(32)Developers proposing a $15-million Broad Ripple project won a continuance today despite objections from remonstrators
who pulled their children out of school to attend the hearing. Buckingham Cos. is...
MoreA new Cosmopolitan view
May 5, 2008
Comments(28)Check out this new rendering of the $33 million Cosmopolitan on the Canal project. Locally based Flaherty
& Collins Properties is building on a site...
MoreRipple redevelopment, take two
May 1, 2008
Comments(58)A local firm has a new plan for redeveloping a 14-acre site in Broad Ripple. The $15-million Monon Place
project calls for 150 new apartments, a clubhouse and pool...
MoreThe other convention hotels
April 29, 2008
Comments(65)A 1,000-room JW Marriott convention hotel will anchor the $425-million hotel complex planned for the southwest
corner of West and Washington streets. But it won't be the...
MoreBuckingham plans $45M 'village'
April 28, 2008
Comments(16)A local developer has big plans for the neighborhood around the renovated Central Library. Buckingham Cos.
plans to spend up to $45 million building new...
MoreMixed-use to replace nursing home
April 25, 2008
Comments(19)Locally based Teagen Development Inc. plans to start next month on a $2.2-million retail and residential project
that will replace an old nursing home at the northeast corner of...
MoreMonarch building new headquarters
April 23, 2008
Comments(8)Locally based Monarch Beverage Co. plans to transform a vacant drive-in theater in Lawrence into its new
headquarters. The theater would be replaced with nearly 1 million square feet of new...
MoreRoundup: Bowling alley closing
April 22, 2008
Comments(9)Sport Bowl calling it quitsThe owners of Sport Bowl, a south-side institution for 67 years, plan to close
in about a week. The 32-lane bowling alley has struggled since locally based Royal Pin...
MoreCVS to replace downtown IHOP
April 18, 2008
Comments(46)CVS has filed plans to build a new store where an IHOP now stands at the corner of 16th and Meridian
streets. The new pharmacy would replace the iconic...
MoreParamount Tower getting redesign
April 18, 2008
Comments(33)A development team is redesigning plans for a 16-story student-housing tower it hopes to build on a 2.3-acre
site a few blocks east of the Central Canal. The developers,...
MoreThe year flew by
April 16, 2008
Comments(24)Property Lines turns one this week. We've reached 300 posts and more than 5,500 comments thanks to the participation
and support of a loyal group of readers. Thank you.To mark the occasion, let's...
MoreDeveloper plans Carmel project
April 14, 2008
Comments(42)Locally based Browning Investments plans to develop a 20-acre mix of hotels, office buildings, a medical center
and retail space on a vacant former church property along...
MoreJW work to begin in June
April 11, 2008
Comments(48)A three-year project to build a new convention headquarters hotel along West Street now is scheduled to begin
on June 1, immediately after the Indianapolis 500, said Mike Wells of developer REI...
MoreMore layoffs for developers
April 9, 2008
Comments(18)News from the city's development industry has been grim lately. Duke Realty Corp. joined the layoff parade
this week, dropping 45 employees (including 20 locally). In January, Lauth laid off 80 employees,...
MoreKite eyes retail, hotel for Pan Am
April 7, 2008
Comments(52)A local developer hopes to add restaurants and retail space and possibly more to Pan Am Plaza to capitalize
on a growing convention center and the new Lucas Oil Stadium. Kite...
MoreIRT plans $3M renovation
April 7, 2008
Comments(11)The Indiana Repertory Theatre has won a $3-million grant from the Lilly Endowment to fund renovations of
the Indiana Theatre building at 140 W. Washington St. IRT plans to...
MoreUpdate: Wells auction delayed
April 4, 2008
Comments(3)Brokerage firm Colliers Turley Martin Tucker has delayed an auction of three parcels near Meridian and 16th
streets that previously housed the Payton Wells car dealership. Auctioneer Bob Getts...
MorePopular chains show southside love
April 4, 2008
Comments(8)The Broadbent Co. plans to begin construction soon on a new restaurant strip in front of its Greenwood Place
shopping center at U.S. 31 South and Shelby Street. The 7,100-square-foot center will include a Dunkin Donuts
with a drive thru,...
MoreRetro Dunkin rendering
April 3, 2008
Comments(35)The new Dunkin Donuts at Washington and Pennsylvania streets (reported here in November) likely will have
a retro look that incorporates the old Roselyn Bakery sign. Plans call for neon signs and a stainless steel
facade. What do you think?More
J.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...
More
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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.