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.

Butler embarking on $3M, year-long streetscape project

The project calls for the installation of a boulevard on Sunset Avenue lined with trees, in addition to sidewalks and bike lanes, in hopes of distinguishing the college from the surrounding neighborhood.
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Dunkin Donuts angling to take over Bonjour building

Dunkin Donuts and Baskin-Robbins could soon take over the former home of Bonjour Cafe & Bakery at Meridian and 24th streets if the owner wins city approval to add a drive-through.
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Restoration work begins for Old Northside landmark

Historic Landmarks Foundation of Indiana has taken over the Romanesque Revival former church known as Old Centrum along Central Avenue at 12th Street.
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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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Planners recommend denial of IBJ variable-message sign

The city's planning staff is recommending denial of an electronic message screen proposed as part of a new sign for IBJ Media Corp., the parent company of Indianapolis Business Journal.
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Developer eyes Penn Centre as it wraps up Allen Plaza

Allen Commercial Group is offering for sale the first of 30 condos in its flagship nine-story Allen Plaza building along Pennsylvania Street downtown. And the firm is working on a phasing plan for its much-larger Penn Centre proposal.
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Construction begins on downtown condo project

Construction has finally begun on a condo conversion of an historic 5-story building known as The Shelton.
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The Nature Conservancy sets green example with new HQ

The Nature Conservancy's new $10-million headquarters has enough environmentally friendly features to qualify for the highest level of LEED certification.
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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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