The remains of the Cosmopolitan on the Canal project continued to smolder today as a small crew of firefighters worked to put out remaining hot spots. They were using a crane to demolish a portion of the building's remaining facade so they could reach some of the smoking remains of the $33-million apartment and retail development, said Mark Conover, a spokesman for developer Flaherty & Collins Properties. He said company officials, insurance adjusters and structural engineers are waiting for the fire department to clear the site before determining whether any of the building is salvageable. (IBJ Photos/Cory Schouten)
Schouten is an Indianapolis native and Indiana University graduate who joined IBJ in 2006 after stints at the Sarasota Herald-Tribune and the Arizona Republic. He covered the real estate beat for most of those years, and launched the Property Lines blog, before taking over as managing editor in March 2013. He continues to appear on business news updates for Fox59, IBJ's newsgathering partner.
Schouten has been honored for investigative reporting by the Society of American Business Editors and Writers, the Alliance of Area Business Publications and the Society of Professional Journalists in Indianapolis. During his tenure as moderator of Property Lines, the blog was recognized twice as the best among business journals by the AAPB.
Schouten also serves as a member of the board of governors of the Society of American Business Editors and Writers, treasurer of the Indianapolis Press Club Foundation and an adjunct lecturer at the School of Journalism at IUPUI. He lives in Butler Tarkington with his wife and two rescue dogs.