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.

City Market proposals: Microbrewery, bicycle hub, agriculture showcase

Six groups are vying to lead a redevelopment effort for the struggling Indianapolis City Market. Check out summaries of each of the proposals.
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Developer plans expansion of Riley Towers apartments

The owner of downtown's Riley Towers apartments is working on plans for a 5-story expansion at 225 E. North St. that would add 54 apartment units and more than 4,000 square feet of retail space.
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Flying Cupcake expands, Bobby Joe's shuts down

The Flying Cupcake Bakery is opening a new location along Mass Ave next door to Scholar's Inn downtown. Plus, more restaurant news!
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Mental health association buys Yellow Rose Inn

An elegant Old Northside mansion known as the Yellow Rose Inn has a new owner with plans to discontinue a bed-and-breakfast operation.
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Group plans to auction relics of downtown architecture

The city has agreed to hand over architectural artifacts from a landmark downtown building to a historic preservation group.


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Historic namesake for German Church Road facing demolition

Historic preservation groups are fighting to save a 1914 church at the northeast corner of Washington Street and German Church Road in Cumberland. The congregation of St. John United Church of Christ has been working on plans to build a new church on Carroll Road and struck a deal to sell the old one to a developer. The plans are rumored to include demolition to make way for a CVS store.
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Trustee seeks bids for former Fall Creek YMCA branch

The owner of the vacant former Fall Creek YMCA along West 10th Street is seeking bidders interested in tearing down and redeveloping the prime 2-acre site at 860 W. 10th St.
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Plans emerge for vacant former Value City store

Two local entrepreneurs have partnered to develop a new conference and event center in the former Value City department store near Lafayette Square Mall.
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New coffee shop named for Fletcher Place founder

Local investors have opened a new coffee shop in Fletcher Place they plan to turn into a not-for-profit to raise money for local charities.
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Amusement center taking space in Clay Terrace

A children's amusement center is taking over the former Circuit City space at Clay Terrace in Carmel.
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