Property Lines

Welcome to Property Lines, Indy's source for neighborhood real estate news. Your host is Scott Olson, IBJ's real estate beat reporter. Founded by Cory Schouten.

Traffic lanes would shrink under plan to overhaul Circle

Officials charged with overseeing a $60 million project to make Monument Circle and surrounding streets more pedestrian friendly will unveil design plans to the public Nov. 5.
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Villaggio retail spaces up for auction following foreclosure

The developer of the condo project on Virginia Avenue defaulted on the balance of an $11.6 million loan, prompting the sale of the ground-floor storefront units.
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Splash park, ice rink part of top design for City-County Building plaza

The winning design was submitted by a Baltimore firm, whose project would cost $12.5 million to build. The city and the Central Indiana Community Foundation have begun fundraising efforts to pay for it.
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Roundup: Second locations for B's Po Boy, Three Pints; another Kmart closing

Three Pints Brewpub in Plainfield has expanded to Martinsville, while B's Po Boy in Fountain Square plans to open a second location, in Irvington. Meanwhile, Kmart has added another local store to the closure list.
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Milhaus wins skinny stretch of Market Street corridor for apartments

The developer plans to build 52 units on East Market in a unique deal with the city. The project will be much different from Milhaus' other multi-family projects to the south.
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Irvington shuffle: bakery moving, restaurant opening

Roll With It Bakery is moving to the Coal Factory redevelopment, allowing the Chef Dan's food truck folks to bring their mobile menu of "southern comfort" food to a permanent location.
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Update: Billboard company’s suit against city can proceed

A Marion Superior Court judge has sided with Geft Outdoor LLC, denying the city's motion to dismiss the company's suit over the removal of one of its billboards in the Geist area.
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Roundup: Milktooth opens; Squealers, McAlister’s coming to Castleton

The eclectic eatery Milktooth offers another option to Fletcher Place, while Caffe Nonna should open nearby later this month. Also, for those awaiting the arrival of Giordano's, it could come by the end of the year.
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Walmart, Aldi groceries opening in October

The metro area's grocery market is about to get even more competitive with four stores set to open within the next couple of weeks.
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Update: Downtown hotel plan will simmer for a while

The developer that wants to build a dual-branded hotel at the corner of Pennsylvania and Georgia streets likely won't present plans for the project until sometime next year, as it continues to tweak the design.
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