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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
Wings at last
October 9, 2008
Comments(34)The new Buffalo Wild Wings is on schedule to open on Oct. 19. They're still waiting on "window boxes" that
will feature artwork in the three windows on the left. Otherwise, do you like the new, toned-down look?
(IBJ photo/Robin...
MoreHot Shotz takes over Bennigan's
October 7, 2008
Comments(19)A closed Bennigan's restaurant in Fishers is now home to Hot Shotz. The local restaurant's previous location,
near 96th Street and Gray Road, was destroyed in a fire on June 28. The new...
MoreCredit mess puts Ralston on hold
October 2, 2008
Comments(32)A $60 million project slated for South Street between Meridian and Pennsylvania streets is on hold until
credit markets return to some semblance of normal, the developer...
MoreAround town retail roundup
September 30, 2008
Comments(50)Loads of retail news to report today:
UPDATE: The Taste of Tango restaurant may be back on track. A sign on the door says the restaurant is
"coming soon" and "now hiring." Old...
MoreM&I sign appears atop skyscraper
September 29, 2008
Comments(25)The first of four M&I Bank signs has finally taken its place atop the former First Indiana Plaza. Workers
were installing one of the signs...
MoreThen & Now: The Dome
September 25, 2008
Comments(9)From architect Bob Hague: "I was a graduate architect just out of school responsible for building the study
model, developing the construction documents and construction administration. Was involved in the project for
3 years. The rooftop tours are from 1983...
MoreRIP, RCA Dome
September 24, 2008
Comments(41)Today is deflation day for the 24-year-old RCA Dome. Former Mayor Bill Hudnut is scheduled to begin letting
the air out at 10:30 a.m. The stadium was built for $82 million...
MoreHave we learned anything?
September 22, 2008
Comments(55)As Congress began debating a $700-billion bailout plan for institutions stung by loose lending practices, C.P.
Morgan sent this e-mail last week:
And in a separate...
MoreAce eyes Fall Creek Place
September 18, 2008
Comments(37)King Park Area Development Corp. is in advanced talks with Ace Hardware to anchor a new retail project at
the northeast corner of 22nd and...
MoreCity, BW3 reach deal
September 15, 2008
Comments(54)The owners of downtown's new BW3 and city planners have reached agreement on a new design. Changes shown
in the rendering below include new lighting fixtures and removal of yellow "highlights" behind them, along
with removal of black-and-white checkers on...
MoreGroup eyes new vision for Circle
September 15, 2008
Comments(40)A group of local business and civic leaders are hoping to transform Monument Circle into a grand public
space in the European model, a pedestrian-friendly piazza that draws crowds year-round to...
MoreWatch out, King David
September 11, 2008
Comments(36)A California chain called Jody Maroni's Sausage Kingdom plans to open a new store in Circle Centre Mall.
The restaurant calls itself "Home of the Haut Dog" and serves gourmet...
MoreUIndy unveils new dorm
September 10, 2008
Comments(52)The University of Indianapolis plans to break ground on a new $9-million residence hall, the campus' sixth,
on Thursday. The four-story...
MoreBuggs Temple restaurant closing
September 9, 2008
Comments(21)Tavern at the Temple restaurant at 11th Street and the Central Canal in Buggs Temple will close for good
on Wednesday. Creation Cafe, a casual restaurant and...
MoreSour market slows Penn Arts work
September 9, 2008
Comments(18)Developer Christopher Piazza says "difficult market conditions" have led to a delay for his $3-million renovation
of the Penn Arts building at 16th and Pennsylvania...
MoreBefore & After: Fountain Square
September 8, 2008
Comments(41)A former used-appliance store in Fountain Square has a whole new look after a $300,000 renovation. The property
at 1315 Shelby St. now has four...
MoreMall parking gets pricier
September 4, 2008
Comments(25)The operators of Circle Centre's parking garages have raised rates in a move designed to ensure spaces are
available for shoppers and to bring in additional revenue. The new...
MoreBW3 proposes calmer look
September 3, 2008
Comments(51)The back-and-forth continues between city planners and the developer of a new Buffalo Wild Wings restaurant
along Washington Street downtown. Franchise owner Pete Watson has offered to tone down the facade a bit,
offering this picture: More
New life for Whole Foods plan?
September 2, 2008
Comments(14)An Atlanta firm is hoping to revive the development of a Whole Foods grocery at the northwest corner of
86th Street and Keystone Avenue. Dominion Capital, which took over the site...
MoreLight reading + who is closing
August 27, 2008
Comments(27)Let's start with some real estate news from this week's IBJ in print:
Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known...
MoreParamount Tower plan shrinks
August 25, 2008
Comments(42)Developers are taking a new approach to a student housing project proposed for a 2.3-acre parking lot a
few blocks east of the Central Canal....
MoreApartments planned for old school
August 22, 2008
Comments(10)The former Paul C. Stetson School northeast of Fall Creek Parkway and College Avenue could soon find new
life as a 47-unit senior apartment complex....
MoreCity orders BW3 work to stop
August 21, 2008
Comments(48)Workers were trying to figure out what to do next after the city's compliance department issued a stop-work
order this morning on the new Buffalo Wild Wings. The order threatens a $2,500 fine for any company or
individual found in...
MoreBW3 defies city's request
August 20, 2008
Comments(122)Buffalo Wild Wings has responded to the city's beef with its Washington Street façade by submitting a new
plan showing the exact design it already constructed. The...
MoreInsurance firm plans new HQ
August 19, 2008
Comments(40)McGowan Insurance Group plans to build a new 19,000-square-foot headquarters on a triangle-shaped property at
340 N. Capitol Ave. where an ealier proposal called for 30 condos and a bank....
More
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Doug Henning!
These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html
Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.
I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?