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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
Redevelopment in Greenwood area
June 5, 2007
Comments(5)Southsiders may have wondered what's going on at the northeast corner of Madison Avenue and County Line Road,
across from Lowe's and McDonald's. Well, wonder no more. Locally based Peacock Companies is planning a new
retail strip with outlots including...
MoreDecision time on RiverPlace
June 4, 2007
Comments(11)The Fishers Town Council could decide the fate tonight of a controversial mixed-use project that includes
residential high-rises along the White River.
What do you think they'll do? The $500-million project by Centre...
MoreDeal in works for Hamaker building
June 4, 2007
Comments(9)Days could be numbered for an 85-year-old independent pharmacy at the northeast corner of Pennsylvania and
49th streets. The building that houses Hamaker Pharmacy, along with Cafe Patachou, D&Z Gifts, Meridian Heights
Cleaners and Corks Grocery, is up for sale....
MoreFort Harrison reuse plan approved
June 1, 2007
Comments(6)The Fort Harrison Reuse Authority won approval from the City of Lawrence last night for the final phase
of a decade-long redevelopment of Fort Benjamin Harrison. The roughly 90-acre...
MoreExtreme Makeover: Cub Foods edition
May 31, 2007
Comments(10)There is a clear winner in the category of Most Surprising Reuse of a Former Cub Foods. Property Lines
got a tour this morning of the new Calvary Christian School at...
MoreA shopping center by any other name
May 30, 2007
Comments(12)I've got news on The Shoppes at Providence at Old Meridian, a new mixed-use project in Carmel. But first,
a question: What's the deal with the name? And second: What suggestions do you have for even more pretentious
ones? How...
MoreCheesecake heads South
May 29, 2007
Comments(5)The decision by Cheesecake Factory to open its second Indianapolis restaurant on the south side seems to
validate the consensus among brokers that the area has been underserved by restaurants. The California-based...
MorePlan calls for mixed-use giant
May 26, 2007
Comments(39)A local developer is planning an ambitious project called Woodfield Crossing that would add 1.8 million square
feet of development to the southwest corner of 86th Street and Keystone Avenue. The project,...
MoreVenu
May 26, 2007
Comments(12)Venu calls for a mall roughly the size of The Fashion Mall at Keystone, a 575-room hotel that would be
the city’s third largest after a new JW Marriott and the Indianapolis Marriott Downtown, and an office
building with nearly...
MoreRestaurant bonanza
May 25, 2007
Comments(31)A local businessman has plans for two new independent restaurants downtown near the corner of Ohio and East
streets. One of them, Cabo's Mexican Grill, is slated to open next week at 132 East St., across from Fifth
Third Bank....
MoreOffice market musical chairs
May 24, 2007
Comments(2)The Indiana Supreme Court, Court of Appeals and Tax Court have signed a letter of intent to move their
offices to space formerly occupied by Eli Lilly & Co. at 30 S. Meridian. They're leaving National City Center.
The courts...
MoreA quest to revive TeePee
May 24, 2007
Comments(3)Dick Turner, the man who owns the name and recipes to the classic Indy restaurants from the 1930s to 1970s,
is hoping to open an updated version on the south side. Check out the story here. At its...
MoreHamilton Town Center starting lineup
May 23, 2007
Comments(31)Several major retailers are poised to open in the new Hamilton Town Center, the 900,000-square-foot shopping
center under construction at Interstate 69 and the new 146th Street. Simon Property Group says in documents
promoting the project that it will include...
MoreSuper Bowl disappointment
May 22, 2007
Comments(9)Word of Indy's Super Bowl defeat spread quickly among Hoosiers attending the International Council of Shopping
Centers annual event in Las Vegas. Employees at booths for several real estate companies, including Simon,
checked news Web sites all morning...
MoreGlendale plans include Panera
May 22, 2007
Comments(13)A site plan from Kite Realty Group shows how a new Target store will fit within Glendale Town Center and
also reveals some of the shopping center's new tenants. A...
MoreLA Fitness proposed for West Carmel
May 22, 2007
Comments(6)People on the northwest side could get another fitness option to go with a brand new Gold's Gym that just
opened near 86th Street and Michigan Road. A development fact sheet from...
MoreSimon carries a big stick
May 21, 2007
Comments(2)Simon Property Group obviously has sway in Indianapolis, having built its headquarters on a public plaza.
But the company's clout goes far beyond the Hoosier state. That is abundantly clear at the...
MoreMann pitching new projects
May 21, 2007
Comments(3)Locally based Mann Properties is pitching retailers in Las Vegas this week on a couple of mixed-use developments
slated for the north side: A project with 132 townhomes and a retail strip called Creekside Shoppes would
be built along 86th...
MoreUpdate from Vegas
May 21, 2007
Comments(5)Because of the three-hour time difference between Indianapolis and Las Vegas, I won’t have much to say
until this afternoon. I promise it’s the time difference and not that party last night at The Palms. I
was working, promise. Asked...
MoreLeasing Las Vegas
May 18, 2007
Comment(1)Property Lines will be on location in Las Vegas next week for the retail real estate community's version
of the Super Bowl. The annual International Council of Shopping Centers event is the nation's...
MoreHistoric roller rink for sale
May 18, 2007
Comments(11)The former Rollerland skating rink, which also once served as a car dealership, is up for sale. The 1928
building at 922 N. Pennsylvania St. is part of a block of four properties owned by Master Glass & Color
Inc....
MoreLate lunch: Dining shakeup
May 17, 2007
Comments(14)Here are some restaurant nuggets, along with a chance to win free food: The Jimmy Johns on Pennsylvania
Street downtown has closed. The chain has another restaurant about a block away, at Meridian and Washington
streets.Hoaglin Fine Catering plans to...
MoreUpdate: Hotel could get "green" roof
May 16, 2007
Comments(10)Developers may add a "green" roof to plans unveiled yesterday for a $325-million JW Marriott hotel complex.
A spokesman for the development team tells Property Lines that conversations are underway about installing
the environmentally friendly feature atop part of a...
MoreNew restaurant at Dodd's Townhouse
May 16, 2007
Comments(22)A group of local investors are planning a new restaurant dubbed The Meridian in the former home of Dodd's
Townhouse at 5694 N. Meridian St. Former Ruth's Chris Executive Chef Dan...
More
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Steak and Shake USED to be a good place to eat, but the now empty parking spaces tell the story of Poor Service, Declining quality of food and just more gimmicks and rear cooking....I used to be a customer, but no more...won't be back...to many other Good Places to eat in INDY...
This man has continued to destroy the Steak and Shake brand. Did he not learn from the sins of owners past. The SNS logo and Brand are strong, I cant understand why he wants to destroy the brand other than to satisfy his big ego.This will turn out to be a big mistake. Sleek new look for a traditional product..makes no logical sense
I mean REALLY!!! What's next taking away the Burger King's crown, turn the golden arches into silver columns? No I know let's get Wendy a pink mohawk.
A couple of thoughts on some of the information presented here from someone with a bit of experience in this area: First, Does anyone remember a time in the past 35 years when insurance premiums DIDN'T increase? They increase every year. The more rigorous rate review requirements of the Affordable Care Act (effective in 2011) have likely caused those increases to moderate as they have averaged below 10% for the past few years, down from much higer averages in prior years. Second, Oregon will operate a state-based Exchange. Recently, they were one of the first states to release their proposed (not yet reviewed by regulators)premium rates -- our first view of Exchange rates. After 2 insurers saw their competitors' rates, they pulled theirs back and re-submitted LOWER rates. In my nearly 10 years as a state insurance regulator, and two years as a federal regulator, I don't ever recall an insurer voluntarily lowering its rates. THAT'S the kind of transparency and competition the online marketplaces (Exchanges) will bring about. 3) ...and this is just a random thought: A big concern among health policy experts is the capacity of the primary care provider community to handle the happy fact that a large number of individuals will be newly-insured under the Affordable Care Act. With the system being stretched so thin for INSURED individuals, It seems highly doubtful that more than a very few "cash-and-carry" physicians will be able to survive in the new, improved healthcare system. Sally McCarty Center on Health Insurance Reform Georgetown University Health Policy Institute
liek the rest of America