Recent Blog Posts

Privatize parking meters?

July 13, 2009
Comments(37)
City officials are considering several proposals to modernize and even privatize the city's roughly 4,000 parking meters to squeeze out more revenue.
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Wine bar planned for Conrad

July 10, 2009
Comments(28)
Plans are in the works for a wine bar called Tastings that would take the first-floor corner space at the Conrad Indianapolis and...
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Madison Avenue retail planned

July 7, 2009
Comments(25)
A local developer is planning a retail strip center for a run-down parcel along Madison Avenue south of downtown. The plans by Keystone Construction Corp. call for...
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Preview of $30M project

July 6, 2009
Comments(70)
Check out these fresh renderings of a $30-million student housing project planned for Indiana Avenue near IUPUI. The plans by Trinitas Ventures of West Lafayette call for 250 apartment units at 1201 Indiana Ave, between Montcalm and Milburn streets south...
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Around town restaurant roundup

July 2, 2009
Comments(8)
Several tasty nuggets today: Iozzo's Garden of Italy is slated to open July 17 along Meridian Street just south of Shapiro's and Greek Islands, in the former home of Leland's and Cafe@Ray. The...
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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...
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So 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...
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Receiver 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...
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@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.
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Magazine 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...
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Bally 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...
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Property 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
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Nora 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...
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Masonic 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...
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More 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...
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Group 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...
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Arts 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...
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Just 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...
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$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...
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Restaurant 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...
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Binford'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...
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T-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...
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Developer 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...
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Sad 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...
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Kroger 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,...
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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.

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