Recent Blog Posts

Consolidated sale put on hold

July 10, 2007
Comments(6)
The vacant 15-story Consolidated Building at 115 N. Pennsylvania St. was listed for sale with a $6.5-million pricetag yesterday until the owners pulled it off the market, ostensibly to focus on trying...
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New name for tower: M&I

July 9, 2007
Comments(3)
Milwaukee-based M&I Bank has no plans to vacate a 31-story skyscraper in downtown Indianapolis after acquiring its namesake, First Indiana Bank, the CEOs of both companies said today. First Indiana recently renewed...
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Bose move to Chase Tower is official

July 6, 2007
Comment(1)
The long-rumored move for Indianapolis law firm Bose McKinney & Evans is a done deal. The firm plans to take 111,000 square feet of space in Chase Tower, a big expansion over its current 80,000-square-foot space in First Indiana Plaza....
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Hurry up and wait for MSA

July 6, 2007
Comments(12)
City officials gave developers a tight, two-month time frame to come up with a second round of proposals to redevelop the Market Square Arena site. The RFP was issued Feb. 21, and...
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Furniture chain eyes 3 Indy stores

July 6, 2007
Comments(4)
A Chicago-based furniture store is planning three new locations in Indianapolis. Harlem Furniture has 16 stores in Chicago and Northwest Indiana. The first central Indiana store, in Greenwood, replaces the old Frank's...
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In the market for a gas station?

July 5, 2007
Comments(7)
OK, probably not. But you may be interested to know that local BP stations will be getting a new name soon. BP is selling 28 Indianapolis franchise locations, each of which will be...
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Get out your checkbooks

July 3, 2007
Comments(11)
As first reported in Property Lines on May 2, the owners of First Indiana Plaza are considering a sale of the struggling 31-story skyscraper. Who do you think will...
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Developer envisions Penn Centre

July 2, 2007
Comments(25)
Plans are taking shape for a major hotel, residential and restaurant development across from Conseco Fieldhouse. South-side developer J. Greg Allen is proposing a project that would stretch from Maryland Street to...
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Update: Foundry collapse

June 29, 2007
Comments(16)
Workers this morning cleared away the rubble from the old Herron School foundry building along 16th Street. It collapsed yesterday, possibly clearing the way for a deal that would provide...
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Property tax moment of truth

June 28, 2007
Comments(20)
Marion County will begin sending out property tax bills tomorrow, filling hundreds of mailboxes with bad news. Homeowners are bracing for higher bills thanks in large part to the state's decision a...
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500 Festival moving downtown

June 28, 2007
Comments(4)
The nonprofit volunteer organization that puts on the 500 Festival Parade and other events is moving its headquarters to an office building downtown. 500 Festival plans to move its operations to 21...
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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...
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Canal 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...
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New 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...
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Food 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...
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Walsingham 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...
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Bank 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...
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Jefferson 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...
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A 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...
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4 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....
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A '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...
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Bonefish 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...
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Town 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...
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Prominent 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...
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Tower 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...
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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