Property Lines

Welcome to Property Lines, Indy's favorite source for neighborhood real estate news. Your host, IBJ real estate beat reporter Scott Olson, can be reached at solson@ibj.com.
Real Estate & Retail

Kite pitches Pan Am plan

May 21, 2008

panamsm.jpgAs promised, here is a siteplan from Kite Realty Group Trust that shows its preliminary plan to redevelop Pan Am Plaza. The plan shows seven restaurant, retail or entertainment spaces with a total of about 70,000 square feet for lease. The existing Pan Am memorial would be relocated to an area designed to "draw people into the plaza." Kite joined with Sacramento, Calif.-based Coastal Partners LLC to buy the plaza and two adjacent ice skating rinks from Indiana Sports Corp. in April.
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