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Welcome to Property Lines, Indy's source for neighborhood real estate news. Your host is Scott Olson, IBJ's real estate beat
reporter. Edited by Cory Schouten.
Recent Blog Posts
Panera plans outdoor dining
July 1, 2009
Comments(23)Panera hopes to include sidewalk and atrium seating for its new restaurant under construction at Claypool
Court. The bakery cafe, which is taking second-floor space next door to Weber Grill, has asked...
MoreSo long, SoDo
June 30, 2009
Comments(18)The owners of a 1.3-acre parking lot southeast of Meridian and South streets have put the property up for
sale, apparently putting an end to the dream...
MoreReceiver sale for CityView
June 29, 2009
Comments(23)A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for about $42,000
per unit, about a third less than the...
More@propertylines
June 27, 2009
Comments(4)Want more frequent updates? You can now follow Property Lines on Twitter. Get the latest real estate nuggets at twitter.com/propertylines.
MoreMagazine touts Woodruff Place
June 24, 2009
Comments(13)The magazine This Old House has named Indy's Woodruff Place as one of the country's 51 best places to buy
an old home. The neighborhood...
MoreBally Fitness locations to close
June 23, 2009
Comments(13)Two local Bally Total Fitness locations will close today as part of the parent company's reorganization under
Chapter 11 bankruptcy. Gyms along U.S. 31 in Greenwood and behind...
MoreProperty Lines on Twitter
June 22, 2009
Comments(8)Want more frequent updates? You can now follow Property Lines on Twitter. Get the latest real estate nuggets at twitter.com/propertylines
MoreNora post office to close
June 19, 2009
Comments(20)One of the city's busiest post office branches will close in the coming months to clear the way for a
possible expansion of the Target...
MoreMasonic landmark turns 100
June 12, 2009
Comments(19)Masonic groups this weekend will celebrate the 100th anniversary of the Indiana Freemasons' Hall, formerly
the Indianapolis Masonic Temple, at 525 N. Illinois St. The...
MoreMore on new Nora Kroger
June 10, 2009
Comments(40)The Kroger-anchored development referenced below will add far more trees than it has removed, Sandor Development
CEO Sid Eskenazi tells Property Lines. The project along the Monon Trail at...
MoreGroup blasts Trail 'destruction'
June 10, 2009
Comments(44)Construction work on a new Kroger-anchored development along the Monon Trail at 86th Street is drawing the
ire of Nora neighborhood leaders. They're frustrated by the removal of trees and bushes along the trail by
the project's developer, locally based...
MoreArts vision for Virginia Avenue
June 8, 2009
Comments(10)A proposed $9 million project called Fletcher Place Arts calls for 56 mostly one-bedroom apartments, 8,700
square feet of first-floor retail or office space, and...
MoreJust in: Project renderings
June 3, 2009
Comments(71)Check out these conceptual renderings of a public-private downtown redevelopment project approved today by the
Metropolitan Development Commission. The $65-million project calls for apartments and retail space adjacent to
the former site of Market Square Arena. The renderings suggest the...
More$65M downtown development
June 2, 2009
Comments(38)A proposed incentive deal to kick-start a $65-million development adjacent to the former site of Market Square
Arena calls for the...
MoreRestaurant in a bit of a Pickle
June 1, 2009
Comments(17)Indianapolis didn't exactly warm to Spicy Pickle. The Denver-based restaurant chain shut down both of its
Indianapolis-area locations shortly after opening them last year. But the chain hasn't rid itself...
MoreBinford's medical ghost town
May 28, 2009
Comments(23)The hits keep on coming for the unfinished Binford Medical Complex at 65th Street and Binford Boulevard as
the urgent care center that served as the development's anchor...
MoreT-Mobile taking prime corner
May 26, 2009
Comments(28)T-Mobile has inked a five-year lease for a 2,200-square-foot space at the northwest corner of Washington and
Meridian streets. The store will be a corporate-owned "playground" store, a new...
MoreDeveloper plans apartments at 707
May 23, 2009
Comments(19)A local developer hopes to convert the unfinished eight-story 707 E. North St. condo project into a mostly
affordable apartment building...
MoreSad news out of Madison
May 21, 2009
Comments(6)The 154-year-old Jefferson County Courthouse caught fire last night, and the damage looks serious. Workers
were finishing up renovations in preparation for Madison's bicentennial next month. You can follow Twitter
updates from the Madison Courier here. The...
MoreKroger eyes Altum parcel
May 19, 2009
Comments(20)Kroger is looking at land in Zionsville for a new store. The Cincinnati-based grocer is in talks with the
owners of Altum's Garden Center along Michigan Road between 106th and 116th Streets,...
MoreOwner has gourmet vision for Za
May 15, 2009
Comments(24)The proprietor of a planned new pizza joint called Za in Broad Ripple, Michael Keenan, says he has enlisted
an all-star...
MoreAround town pizza roundup
May 14, 2009
Comments(27)Couple of pizza-related nuggets:
A new pizza restaurant called ZA is planned for the former Slinky women's clothing store near 62nd Street
and College Avenue in Broad Ripple. Plans call for the restaurant...
MoreTouring the JW Marriott complex
May 12, 2009
Comments(26)The developers of the new JW Marriott hotel complex gave photographer Robin Jerstad and me a tour of the
$425 million project earlier this month....
MoreWhat to do with the old airport
May 11, 2009
Comments(35)A group of eighth grade girls from a local charter school spent all day Friday learning about real estate
and developing plans for reuse of...
MoreLooking for a waterfront condo?
May 7, 2009
Comments(8)An auction has been set to sell nine remaining waterfront condos in a bank-owned development on Morse Lake
in Cicero. The project, One Waterfront Plaza,...
More
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On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.
Greenwood was scammed. Somebody didn't do due diligence in checking out the claims of this company. The manufacturing of insulin can't be done on the cheap. If it could be done, some big generic company would already have it on the market. The founder was either a scammer or a wild-eyed dreamer who made people believe that his Lilly experience was what they needed to make millions of dollars. Greenwood fell for a get-rich-quick scheme but smarter investors didn't make the same mistake.
DV, your list is not reasonable. For example, mass transit in Chicago does not benefit the poor Illinois farmer living on the Iowa border. So, there is no need for mass transit in Indy to benefit the retired widow living in Jasper, Indiana. Your comments, therefore, cannot be taken seriously yet it does reveal the narrow viewpoints that are robust here in Indiana. Mass transit works, even if not everyone in the city or state uses it.
To Me Tim McGraw's Tight Muscles are Truly Magical