Foot Locker taking Flagstar space

September 24, 2007
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Flagstar BankFoot Locker has filed plans to open a 3,300-square-foot store at the corner of Meridian and Washington streets downtown. The space currently is home to Flagstar Bank, which plans to move to the former Bearno's space a few blocks away. Several restaurants, including Panera, Chipotle, McAlister's and McDonald's, had considered the high-visibility space in the building owned by local businessman John Goodman. The store would be the first downtown for New York-based Foot Locker Inc., which lost a bidding war with Indianapolis-based rival Finish Line to buy Genesco Inc. Finish Line now is trying to wiggle out of the $1.5-billion deal. Foot Locker already has stores at several area malls.
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  • this is a surprise
  • I wonder if this will help spur more street level retail in the area.....
  • Street-level retail?! Ok, so it's Foot Locker, but this is still great news. How many street-front spots in downtown AREN'T restaurants (or bail bondsman)?
  • Doesn't foot lock already have a store in Circle Center Mall?
  • Maybe this will spur some of the big people to put down their bigmacs and start running at lunch.
  • This is wonderful news. Downtown needs more street level retail like this. I wish we could get a Crate & Barrel or Bed Bath & Beyond downtown.
  • Retail is nice.

    Fair is fair; still, this looks like a case of Foot Locker thumbing their nose at Finish Line!
  • I love the idea. I never shop there but I assume other people do :) Anyway like the previous posters said, more street level retail is awesome. The more we can make Indianapolis a destination whether it be shopping, dining, etc is ok in my book.

    On Finishline: Didn't pretty much every investor tell Finishline that the buyout was a horrible idea? Smooth move.
  • The Finish Line inside Circle Center mall is one of their best locations, especially if you are shopping for the urban trends. So, this seems like a win for consumers.
  • I think this is a great location for them. The Cultural Trail will most likely pass right by their front door. Since their game is fitness apparel, I assume that will be a good thing. :-)
  • Street level retail is great. Wish we could have more. What about the first block of East Washington Street? Circle Centre is great, but we also need street level stores. Glad to see this happening.
  • That should be a great location, hopefully it'll spur more activity on the block to the east.

    Interesting, though, that Finish Line's first store in 1976 was on the Circle (albeit on the north side)...now it's big rival is setting up shop there.
  • This is one of the prime corners in all of Indianapolis. A Footlocker? They have locations at 38th and Illinois, . Wash Square, and Lafayette Square. It's not like they search out A+ locations. Maybe it was a tough space.

    I'm happy to see street level retail, but this seems one notch better than a T-Mobil store. I'd rather have Panera.
  • I wanted a Dunkin Doughnuts at this site!
  • I swear, if I hear about Foot Locker from IBJ one more time, I'm going to EXPLODE!!!!!
  • I think the fact that a Foot Locker is going in that space is great news. Stores featuring apparel/accessories are very rare downtown, outside of the mall. The idea that this type of retail is willing to risk going outside of their traditional forte (indoor shopping malls) should say something about te confidence in the downtown retail scene. Hopefully this will be followed by other retailers who will probably be watching to see how successful Foot Locker is. The earlier suggestions of Crate and Barrel or Bed, Bath, Beyond would be fabulous options. Considering the growing downtown residential population and the ongoing development of the south side of downtown, I don't think it will be long before we DO start to see more retail outside of the mall.
  • HMPPeaceHouse, judging from your remark, I wonder how much peace there is at your house.
  • Explode already HMPPeaceHouse you muppet
  • I agree with the notion that our downtown retail is basically nonexistent on the street level. This is due to Circle Centre, obvioulsy. I think that this is a good sign. Too bad the most recent plans for Pan Am Plaza fell through as that would have added more street level retail.

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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