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.

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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Penn Centre delayed but not dead

Construction won't begin on the ambitious Penn Centre proposal for at least a few more months, but the project still is a go, said developer J. Greg Allen, who also...
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Penn Centre at street level

Here are two street-level renderings of Penn Centre, courtesy of Browning Day Mullins Dierdorf. The first shows the Omega Building along Maryland Street, and the second is a view from Pennsylvania Street. These still are early concepts and the developers...
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Penn Centre, in color

What do you think of the latest rendering of Penn Centre? The plans, designed by Browning Day Mullins Dierdorf, call for a 240-room Le Meridien hotel, 150-room aloft hotel,...
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Penn Centre wins approval

The Indianapolis Historic Preservation Commission gave its unanimous approval last night for Penn Centre, a massive hotel, residential and restaurant development across from Conseco Fieldhouse. The next step is to add more...
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Scotty's looking downtown

Scotty's Brewhouse, the Indiana college town institution, is working on plans for new restaurants in downtown Indianapolis, Chicago and Charlotte, N.C. The restaurant would like to locate at Pan Am Plaza, said...
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Open thread: What's happening?

Your Friday gift: An open thread to discuss whatever real estate topics are on your minds. Fashion Mall? MSA? Penn Centre? The new BMW ad on this blog? We're classin' it...
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At last: Penn Centre rendering

Here's a preliminary rendering of the Penn Centre development planned along Pennsylvania Street between Maryland and Georgia streets. The J. Greg Allen project is being designed by locally based Browning Day Mullins...
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Developer envisions Penn Centre

Plans are taking shape for a major hotel, residential and restaurant development across from Conseco Fieldhouse. South-side developer J. Greg Allen is proposing a project that would stretch from Maryland Street to...
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