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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
Thoughts on skyscraper's new look?
June 27, 2007
Comments(19)The new facade for One Indiana Square was unveiled shortly before this blog began, so we haven't discussed
it yet. Here's your chance. The project to replace the storm-damaged facade has begun...
MoreCanal complex wins city incentives
June 26, 2007
Comments(9)A new apartment and retail complex along the canal has won a 10-year tax abatement worth $2.7 million. The
Cosmopolitan on the Canal project, by locally based Flaherty & Collins Properties, is...
MoreNew look for convention center
June 25, 2007
Comments(25)Locally based Ratio Architects this afternoon unveiled final plans for a 420,000-square-foot expansion of the
Indiana Convention Center. It includes 254,000 square feet of additional exhibit space, 63,000...
MoreFood news: Mexican, Cuban coming
June 25, 2007
Comments(3)Deals are in the works for two new restaurants downtown: a Mexican joint and a Cuban joint. Adobo Grill
is expected to complete a deal this week to take about 6,000 square feet...
MoreWalsingham parking hurdle cleared?
June 25, 2007
Comments(12)For about two years, a lack of parking has delayed a condo conversion at the historic Walsingham Apartments
(pictured here, courtesy of Indiana Historical Society) at Delaware and 16th streets. But now, an...
MoreBank leaving flagship corner
June 22, 2007
Comments(16)Flagstar Bank will likely vacate one of downtown's highest visibility corners, at Meridian and Washington streets,
later this year. Midland Atlantic is marketing the 3,500-square-foot space in 2 N. Meridian St. as an...
MoreJefferson Plaza revamp underway
June 21, 2007
Comments(7)Downtown's Jefferson Plaza is getting a facelift and a new name. Developer J. Greg Allen says he's talking
with three potential restaurants interested in opening on the first floor with outdoor dining...
MoreA new vision for Speedway
June 20, 2007
Comments(11)The Speedway Redevelopment Commission has unveiled its vision for the redevelopment of 400 acres bordered by
Main Street, Olin Avenue, and 10th and 16th streets. They're calling it The Speed Zone and want...
More4 beds, 2 baths and a billboard
June 19, 2007
Comments(11)If you've driven north on Delaware Street toward 16th, you've seen this billboard. But did you notice the
Herron-Morton home behind it? The house is for sale, and it's one of the most interesting listing I've seen
in a while....
MoreA 'bounce house' to rule them all
June 19, 2007
Comments(5)This has to be the coolest use of warehouse space yet. A Fishers company called BounceZone has leased 12,000
square feet northwest of 146th Street and Cumberland Road in Noblesville with plans...
MoreBonefish Grill in Avon closes
June 18, 2007
Comments(6)Is Indy losing its status as a chain-restaurant darling? Another popular restaurant has closed, this time
the Bonefish Grill in Avon. Other area Bonefish Grill restaurants remain open. The concept is owned by...
MoreTown Center eyed for Bloomington
June 18, 2007
Comments(7)One of the companies promoting Hamilton County's Saxony is also leasing a new town center project in Bloomington.
The 575-acre development would sit northwest of the intersection of State Road 37 and...
MoreProminent developer looking at Indy
June 15, 2007
Comments(8)The founder of the country's largest black-owned real estate firm, R. Donahue Peebles, spoke at the Madam
C.J. Walker Theater earlier this week. His company, Peebles Corp., has $4 billion in projects currently...
MoreTower House on Meridian
June 14, 2007
Comments(24)Here's a rendering for the $50-million project I wrote about yesterday. The Tower House on Meridian proposal
incorporates the existing Grain Dealers Mutual Insurance building along Meridian Street and would add a 14-story...
MoreBeat goes on at Verizon
June 14, 2007
Comments(4)Will the owners of Verizon Wireless Music Center find a buyer? So far, the answer is no. Several brokers
say the unofficial asking price of more than $40 million is...
MoreCity to review $50M project
June 13, 2007
Comments(25)A redevelopment proposal for the north end of downtown is up for zoning approval at 1 p.m. Thursday. If
developers can secure financing and city approval, the $50-million project would incorporate the...
MoreAround town retail roundup
June 13, 2007
Comments(10)Several new stores and restaurants have filed plans to open locations all over the city. Wherever you live,
chances are there's something coming nearby. North: The area's first location for salad-focused Tossed...
MoreRed Robin, Red Robin ...
June 12, 2007
Comments(11)Colorado-based burger chain Red Robin is entering the Indianapolis market in a big way starting later this
month. The chain plans to open its first location in Plainfield on June 18. It...
MoreOverhaul underway on IPS building
June 11, 2007
Comments(8)The administrative building for Indianapolis Public Schools is getting a $3.2 million overhaul to shore up
two levels of parking. Workers have removed the facade from most of the second and third floors
More
MoreCabela's getting $18M in city bonds
June 11, 2007
Comments(10)The city of Greenwood plans to help with financing on a Cabela's store at the southeast corner of Interstate
65 and County Line Road. The Nebraska-based outdoors retailing giant has a deal to...
MoreFresh Market delayed but still a go
June 7, 2007
Comments(17)Since crews finished clearing the old Atlas Supermarket site in March, the corner has been conspicuously quiet.
The lack of construction work has helped fuel speculation that the deal for a Fresh...
MoreCollege leasing chunk of Lexington
June 7, 2007
Comment(1)A private college system plans to move into the Lexington project at Meridian and 12th Streets downtown.
Brown Mackie College has executed a lease for 25,000 square feet in the 1921 building that...
MoreCarmel mansion is history
June 6, 2007
Comments(11)In the market for a 20,000-square-foot mansion with 4 bedrooms, 7 full baths and 5 partial baths? Too late!
The former home of Dr. Donald Perez and his wife Karen, built in...
MoreD'vine move clears way for big project
June 5, 2007
Comments(4)Premier Properties has taken another step toward its ambitious plan for Woodfield Crossing. The company has
a deal to relocate D'vine A Wine Bar from an existing retail building on the Woodfield property to another
building it owns. 
More
MoreRedevelopment in Greenwood area
June 5, 2007
Comments(5)Southsiders may have wondered what's going on at the northeast corner of Madison Avenue and County Line Road,
across from Lowe's and McDonald's. Well, wonder no more. Locally based Peacock Companies is planning a new
retail strip with outlots including...
More
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.