IBJBlogs

Property Lines - Scott Olson
Scott Olson
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IBJ Lou Harry's A&E Blog
Lou Harry
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IBJ The Score Blog with Anthony Schoettle
Anthony Schoettle
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North of 96th
Andrea Muirragui Davis
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Recent Blog Posts

Lockerbie Park phase 2 on hold

Cory Schouten
September 5, 2007
Comments(48)
The foundations and garage slabs are in place for the next phase of Lockerbie Park, but construction is on hold for now. The project at College and Michigan streets has not sold...
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Farewell, mediocre pizza buffet

Cory Schouten
September 4, 2007
Comments(19)
At the top of a lunch-time retail roundup: Downtown's Bearno's Pizza has closed and will be replaced by Flagstar Bank. A sign on the door says to look for Bearno's elsewhere in...
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Another delay for MSA

Cory Schouten
September 4, 2007
Comments(23)
Hopes for a quick decision on who will redevelop the Market Square Arena site are quickly fading. City officials had promised a decision by July at the latest, but the political climate...
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New library almost ready

Cory Schouten
August 30, 2007
Comments(28)
It's been quite an ordeal, but the Central Library expansion is almost complete. The Interim Central Library, which opened in Old City Hall after construction began on the expanded...
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Wedding Cake, Anyone?

Cory Schouten
August 29, 2007
Comments(10)
One of Indy's most unique houses is up for sale, with an asking price of $449,900. The Wedding Cake House, built in 1873, has been home to the central regional office...
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New Condos Emerge in St. Joseph

Cory Schouten
August 29, 2007
Comments(23)
The Renaissance Flats project is taking shape along St. Joseph Street between Delaware and Alabama streets just north of downtown. The 19-unit project, by Britton Buildings Design Inc., is just north...
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Offers pour in for First Indiana Plaza

Cory Schouten
August 28, 2007
Comments(10)
A sluggish real estate market hasn't deterred investment groups interested in owning the 31-story First Indiana Plaza. Brokers say the New York-based owners of the struggling skyscraper have received about 10...
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Pan Am sale called off

Cory Schouten
August 27, 2007
Comments(5)
A Texas company has terminated its contract to buy Pan Am Plaza because of turmoil in the credit markets. Principle Equity Management had hoped to build a $50 million restaurant and...
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  1. So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.

  2. Owner occupied housing. Clear enough?

  3. So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.

  4. Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.

  5. RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.

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