Recent Blog Posts

High-profile retail building sells in Meridian-Kessler

October 15, 2013
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Locally based Ambrose Property Group acquired the 12,100-square-foot center at the northeast corner of 49th and Pennsylvania streets.
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Mass Avenue moves: Tini, Flying Cupcake

October 10, 2013
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The martini and vodka bar is taking the space next door now occupied by the cupcake store, which is relocating to another location on the Avenue.
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Update: Drugstore drive-through gets city clearance

October 9, 2013
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A city zoning board has approved a developer's request for a drug store drive-through as part of a mixed-use project to be built on the Indianapolis Star's current headquarters property.
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Local Red Cross unveils plans for new headquarters

October 8, 2013
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The not-for-profit is planning to move from its East 10th Street location to North Meridian Street as part of a larger city land swap deal involving the Indianapolis Fire Department. The final step: a $43 million mixed-use development on Mass Ave.
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Consolidated Building revamp set to begin soon

October 3, 2013
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The developers plan to invest $16 million to transform the vacant, century-old building into 98 apartments, with first-floor retail or restaurant space, in a project dubbed Penn Street Tower.
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Roundup: Big-box retailers, pizza joints and more

October 1, 2013
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Gander Mountain plans to open a store in Avon, Wal-Mart is expanding its presence in the metro area, and an Irish pub has opened downtown in space that's had trouble keeping a longtime tenant.
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CityWay YMCA plans include more than just rec facility

September 26, 2013
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The YMCA of Greater Indianapolis wants to build an 87,000-square-foot mixed-use development on a parking lot owned by Eli Lilly and Co. at the southwest corner of Alabama and South streets.
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Milhaus plans $6M project along Virginia Avenue

September 19, 2013
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The local developer is seeking city approval for 57 units as part of a mixed-use project that calls for 3,100 square feet of retail space on property south of its Mozzo Apartments.
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Simon suing another Circle Centre food court tenant

September 17, 2013
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Frullati Cafe & Bakery, operated by Scottsdale, Ariz.-based Kahala Corp., owes the mall at least $23,439 in back rent, according to a lawsuit filed Sept. 10 by landlord Simon Property Group Inc. in Marion Superior Court.
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Update: Developer gets OK to build Chatham Arch homes

September 12, 2013
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Daniel Jacobs plans to break ground in the spring on the first of three million-dollar houses to be built at the northeast corner of East North Street and North Park Avenue.
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Irvington groups closer to saving local landmark

September 10, 2013
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The Irvington Development Organization and Irvington Historical Society have received a $50,000 state grant to help repair the former post office building and make it marketable to a potential buyer.
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Roundup: Brewstone latest casualty at snakebitten Clearwater site

September 5, 2013
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Bar-restaurant lasts less than two years at former Music Mill spot; Starbucks taking new spot in Nora Plaza; Hamilton Town Center lands new tenants; and more.
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East 10th Street home not your typical modular

September 3, 2013
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Veteran custom homebuilder Ursula David moved into her modular home about a month ago and has eight more lots available in the Cottage Home Neighborhood.
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Developer picks unusual spot for new hotel

August 29, 2013
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A former office and warehouse is being converted into a modestly priced hotel along West 16th Street, about a block east of the Stadium Lofts project.
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Brown's downtown Pizzology could open early next year

August 26, 2013
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Local restaurateur Neal Brown has agreed to acquire the assets and lease of Aesop's Tables on Massachusetts Avenue to open his second Pizzology restaurant and first downtown.
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Capitol Ave. projects could transform downtown area

August 22, 2013
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Redevelopment of a long-abandoned historic building on North Capitol Avenue is beginning to take shape and is just one of several projects that could help transform the three-block stretch.
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Roundup: Lincoln Square, Taverna 1850, Agave

August 21, 2013
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Lincoln Square Pancake House has opened its eighth central Indiana location, at 2330 N. Meridian St. in the former home of a furniture shop next to Mercedes Benz of Indianapolis.
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Speedway roundabout to reconfigure key intersection

August 20, 2013
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The $14M project should be finished late next year and will replace the confusing and often-dangerous Crawfordsville Road and 16th Street intersection near the Indianapolis Motor Speedway.
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City: $60 million needed for Monument Circle overhaul

August 16, 2013
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The project would entail reconstruction of the brick-paved Circle and adjacent blocks along Meridian Street and Market Street. Construction could start in 2016.
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Endangered Phillips Temple avoids demolition, for now

August 15, 2013
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The historic but vacant structure at 1226 Dr. Martin Luther King Jr. St. has attracted a few potential buyers, prompting Indianapolis Public Schools to delay demolition of the building pending a deal.
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IndyFringe’s theater addition to get boost from developer

August 13, 2013
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The theater group's plans for a 2,100-square-foot addition at its home base near Mass Ave. will receive in-kind construction services from Milhaus Development LLC, which is building its Circa project just to the south of IndyFringe's headquarters.
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Preservationists to explore reuses for Old City Hall

August 8, 2013
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As part of its annual National Preservation Conference, to be held this fall in Indianapolis for the first time, the group plans to explore reuses for the vacant but historic building during a day-long event.
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Roundup: Graeter’s selects Butler-Tarkington location

August 6, 2013
Comments(30)
The latest Retail Roundup reports that the popular Graeter's ice cream chain is taking space at 56th and Illinois streets, while Mo's ... A Place For Steaks undergoes a name change.
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Scotty’s Brewhouse could shrink with sublease

August 1, 2013
Comments(42)
With business not up to expectations, founder Scott Wise is searching for a tenant to take about 2,500 square feet within the existing 12,000-square-foot space at 1 Virginia Ave.
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Art gallery planned for Washington Street building

July 30, 2013
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The new owners of a pre-Civil War building at 42 E. Washington St. are renovating the historic four-story structure with plans to open a high-end art gallery in October on the ground level.
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  1. Kent's done a good job of putting together some good guests, intelligence and irreverence without the inane chatter of the other two shows. JMV is unlistenable, mostly because he doesn't do his homework and depends on non-sports stuff to keep HIM interested. Query and Shultz is a bit better, but lack of prep in their show certainly is evident. Sterling obviously workes harder than the other shows. We shall see if there is any way for a third signal with very little successful recent history to make it. I always say you have to give a show two years to grow into what it will become...

  2. Lafayette Square, Washington Square should be turned into office parks with office buildings, conversion, no access to the public at all. They should not be shopping malls and should be under tight security and used for professional offices instead of havens for crime. Their only useage is to do this or tear them down and replace them with high rise office parks with secured parking lots so that the crime in the areas is not allowed in. These are prime properties, but must be reused for other uses, professional office conversions with no loitering and no shopping makes sense, otherwise they have become hangouts long ago for gangs, groups of people who have no intent of spending money, and are only there for trouble and possibly crime, shoplifting, etc. I worked summers at SuperX Drugs in Lafayette Square in the 1970s and even then the shrinkage from shoplifting was 10-15 percent. No sense having shopping malls in these areas, they earn no revenue, attract crime, and are a blight on the city. All malls that are not of use should be repurposed or torn down by the city, condemned. One possibility would be to repourpose them as inside college campuses or as community centers, but then again, if the community is high crime, why bother.

  3. Straight No Chaser

  4. Seems the biggest use of TIF is for pet projects that improve Quality Of Life, allegedly, but they ignore other QOL issues that are of a more important and urgent nature. Keep it transparent and try not to get in ready, fire, Aim! mode. You do realize that business the Mayor said might be interested is probably going to want TIF too?

  5. Gary, I'm in complete agreement. The private entity should be required to pay IPL, and, if City parking meters are involved, the parking meter company. I was just pointing out how the poorly-structured parking meter deal affected the car share deal.

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