Recent Blog Posts

Stalled project could get boost from Market Square activity

June 3, 2014
Comments(3)
The property at 123 N. New Jersey St. has remained in suspended animation for the past few years after a deal for a seafood restaurant on the site fell apart.
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Library begins plans to pull branch out of Glendale mall

May 29, 2014
Comments(30)
The library's lease at Glendale Mall doesn't expire until 2022, but officials are beginning to explore building a branch elsewhere in the area to give it more exposure and accessibility.
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Late Harvest chef opens barbecue joint in Nora

May 28, 2014
Comments(11)
North End Barbecue & Moonshine, Ryan Nelson's latest entry on the local culinary scene, offers traditional American barbecue from different regions of the country.
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Rezone should aid commercial developers, ease parking pinch

May 22, 2014
Comments(16)
The proposed changes would signify the first overhaul of city zoning rules since 1969 and would rid the code of requirements more apt to be found in suburban locations.
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Roundup: 3 Sisters moving in Broad Ripple, Pizzology opens on Mass Ave

May 20, 2014
Comments(6)
On top of that, upstart specialty grocer Fresh Thyme sets opening for its first Indiana store, while 100-year-old Brenner Luggage prepares to close one of its northeast-side locations.
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Apartments no longer part of plans for Virginia Avenue lot

May 15, 2014
Comments(25)
Reverie Estates bought the land where Milhaus Development had wanted to build a four-story mixed-use development. Reverie instead is planning a fresh-food market surrounded by a food and fashion truck park.
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UIndy seeks city OK for $30M health sciences center

May 13, 2014
Comments(5)
The University of Indianapolis is looking for a developer to finance the project, in which the college would be the main tenant. Construction on the four-story building could start in late summer.
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Permit revoked for controversial Geist billboard

May 8, 2014
Comments(31)
Neighborhood residents convinced a city zoning board to revoke a permit that allowed the splashy sign with rotating messages to be erected at 79th Street and Fall Creek Road.
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Vacant downtown building called critical to proposed redevelopment

May 8, 2014
Comments(19)
The Indianapolis Historic Preservation Commission says it does not support Milhaus' plan to demolish an 1890s structure on North College Avenue to build a five-story apartment building with 32 units.
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Roundup: Boutique hotel, Sangrita, Tom+Chee and fast-fire Coalition Pizza

May 7, 2014
Comments(10)
A nine-room hotel along the Monon Trail in Broad Ripple has opened, while another downtown-area stalwart has closed.
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South-side institution closes after 31 years serving meals

May 1, 2014
Comments(9)
Sisters' Place, known for its homestyle cooking, has closed. But another restaurant is slated to take the space just off Madison Avenue south of Interstate 70.
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Deylen finalizes design for Slate in Fletcher Place

April 28, 2014
Comments(18)
The $10 million, 68-unit mixed-use apartment project at 501 Virginia Ave. will include 9,900 square feet of ground-level retail space along the Cultural Trail. Construction is set to start in mid-May.
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Update: Mo's set for downtown return in June

April 24, 2014
Comments(9)
Mo's...A Place for Steaks is taking the space on East Maryland Street vacated by Lorenzo's Ristorante earlier this month. Mo's underwent a name change at its South Pennsylvania Street location last fall, leading to its return.
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Milhaus planning condos in Chatham Arch neighborhood

April 24, 2014
Comments(23)
Milhaus Development, whose downtown apartment projects include Artistry and Circa, plans to build between 60 and 90 condos in a roughly one-block area in the Chatham Arch neighborhood that's now home to a church and warehouse.
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Update: New Buggs Temple tenant opening in May

April 22, 2014
Comments(16)
One of the city's largest caterers, Thomas Caterers of Distinction Inc., on May 2 will unveil Canal 337—a name taken from the temple's address at 337 W. 11th St., along the Central Canal.
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New downtown restaurant lands Bluebeard culinary whiz

April 17, 2014
Comments(21)
The owners of Westfield's popular Local Eatery and Pub are opening a new restaurant in the Ambassador building. Its kitchen will be captained by the former co-executive chef of Fletcher Place hotspot Bluebeard.
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Roundup: Another fast-fire pizza entry; Big Red taking Kahn's space

April 16, 2014
Comments(4)
Project Pie plans to construct a stand-alone building near Meijer on the northeast side. Meanwhile, Big Red Liquors enters the downtown market by purchasing the Kahn's store on North Pennsylvania Street.
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Roundup: Scotty's Brewhouse openings, Mo's returning and more

April 10, 2014
Comments(13)
The locally based chain is opening restaurants to the west and north of Indianapolis, within a week's time, while Mo's is returning downtown in a restaurant rebranding.
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Micro-distillery opening in Fletcher Place neighborhood

April 8, 2014
Comments(12)
Led by former U.S. Marine Travis Barnes, Hotel Tango Whiskey at 702 Virginia Ave. will be unusual for a couple of reasons, including its deal for state economic development incentives.
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Irvington redevelopment to include more than brewery

April 7, 2014
Comments(8)
The Irvington Development Organization has received a $500,000 grant from the city to purchase a property south of Washington Street that it's targeting for an "eclectic mix" of retail.
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Broad Ripple building along Monon expanding

April 3, 2014
Comments(14)
Area residents are probably familiar with the building that houses Howald Heating Air Conditioning and Plumbing. But they may not know the CrossFit business in the rear will be expanding, with potential for restaurant space.
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Roundup: New crepe place, bakery and brew pub

April 1, 2014
Comments(5)
A French couple has purchased space on Mass Ave and plans to open their eatery within the next three months. Plus, more new places downtown.
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Architect submits sleeker design for downtown fire station

March 28, 2014
Comments(38)
The original rendering didn't sit well with neighbors of the near-north site.
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$3.6M apartment project proposed for near-north side

March 27, 2014
Comments(23)
Axia Urban and Near North Development Corp. are co-developing the project on North Meridian Street, which will feature a mix of affordable and market-rate units.
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City puts land north of downtown back up for bid

March 25, 2014
Comments(6)
The Department of Metropolitan Development issues a request for proposals due by April 16 to develop a parcel near 16th and Dr. Martin Luther King Jr. streets. An attempt last year by Opus Development Corp. to build a project there anchored by a Meijer store failed.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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