Property Lines

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Real Estate & Retail

Rivers Edge & crazy for cafes

August 5, 2008

Rivers Edge Shopping CenterKite Realty Group Trust remains mum on its plans for the Rivers Edge shopping center just east of Clearwater Crossing, even in an application for rezoning filed this month. Kite wants to switch the zoning to C4 from C3, a subtle change that may nonetheless hint at their plans for the 110,000-square-foot, Office Depot-anchored strip center. The new zoning would allow outdoor seating and an anchor retailer over 60,000 square feet. One store in particular in that size range still may be looking for a home in that hot retail corridor: Whole Foods. The store originally was proposed for 86th and Haverstick roads, then was moved to Premier Properties' Venu and now is in limbo. A leasing partner on the Rivers Edge center, Bryan Chandler of Eclipse Real Estate, also represents Whole Foods.

And just when you thought Indy needed more cafés:
Bonjour Cafe & Bakery opened this morning at 24th and Meridian streets in front of the library services center.
Higher Grounds Coffee House opens this week in 50 S. Meridian St., the building where Ball State has its Indianapolis Center.
McDonald's is opening its first local McCafe Thursday morning at 96th and Meridian streets.
Panera Bread Company is opening is opening a new bakery-café on 86th Street in Trader's Point on Monday, Aug. 11.
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