Recent Blog Posts

Your vision for Lucasville?

November 26, 2007
Comments(25)
The host of Property Lines, Cory Schouten, is on vacation this week. Meanwhile, the blog will feature discussion questions about Indianapolis real estate. Today's topic is the area surrounding Lucas Oil...
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Good news for housing market?

November 20, 2007
Comments(22)
Local homeowners tired of all the bad news about the housing market likely will be encouraged by data in a recent Fortune Magazine article. The magazine studied the correlation...
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Fixing a crumbling canal walk

November 19, 2007
Comments(23)
The oldest portion of the downtown canal walk could soon get a $3.2-million upgrade. The city is finalizing plans for new pavement, stairs, retaining walls, lighting and railings along...
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Fountain Square buildings for sale

November 15, 2007
Comments(47)
A prime block of Fountain Square real estate is on the market. Businessman Don Swayze is asking $1.2 million for two buildings and a used-car lot he owns along Virginia...
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Five-o-clock, time for bar news

November 14, 2007
Comments(10)
An upscale martini bar and restaurant has signed a deal to take the anchor retail space at 757 Mass Ave, the luxury condo building at the southwest corner of Massachusetts and College avenues....
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Student-housing tower planned

November 14, 2007
Comments(20)
A team of local developers is hoping to build a 550-bed, 16-story apartment tower near the IUPUI campus. The $40 million project, dubbed Paramount Tower, would target the lucrative student-housing market....
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Tower's history revealed

November 13, 2007
Comments(14)
Contractors uncovered a bit of history this week as they continued renovation work at One Indiana Square, the 36-story office tower at Ohio and Pennsylvania streets. The work revealed parts...
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Catching up: Simon honored

November 12, 2007
Comments(21)
The Simon Property Group Headquarters took top honors at Keep Indianapolis Beautiful's A Monumental Affair awards last week. The 30-year-old contest honors the city's best architecture, development and construction. Last year's top...
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A downtown transformation

November 9, 2007
Comments(72)
A development team is finalizing plans for a $480 million mixed-use project that calls for condos, as many as three hotels, a theater and 175,000 square feet...
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Fresh Market rendering

November 8, 2007
Comments(32)
Several people have asked about renderings of the new Fresh Market at 54th and College. The best I can do for now is this color elevation. The top image is the view from 54th Street and shows the entrance for...
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New life at 71st and Binford

November 8, 2007
Comments(15)
The once-blighted corner of 71st Street and Binford Boulevard continues to attract redevelopment attention, thanks in large part to the efforts of neighborhood group Binford Redevelopment And Growth, or BRAG. Developers plan to...
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New mayor, now what?

November 7, 2007
Comments(43)
Real estate developers today are trying to sort out the implications of a major upset in the mayor's race. The mayor-elect, Republican Greg Ballard (pictured), didn't reveal much about his philosophy on...
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Old Builder's Square finally leased

November 6, 2007
Comments(4)
The empty big-box Builder's Square near Lafayette Square Mall finally has a new tenant after sitting vacant more than 10 years. Garden Ridge, a Texas-based home-decor chain, plans to take the 110,000-square-foot...
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A new 'Landmark' in Lockerbie

November 5, 2007
Comments(14)
A local developer hopes to break ground next month on an $11.5-million condo project along East Street between Ohio and New York streets. Landmark of Lockerbie would feature 16 loft units,...
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Update on the Circle Truss

November 2, 2007
Comments(77)
What do you think of the Circle Truss proposal? The 280-foot-tall, $10-million stainless steel structure, designed by Kevin K. Parsons & Associates Inc., would be lined with LED lights lit with colors...
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Dunkin may replace Panda

November 1, 2007
Comments(24)
A shakeup continues for street-level retail on Washington Street downtown. Panda Express plans to close its store in the former Roselyn Bakery at Washington and Pennsylvania streets, and a deal is...
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Furs, golf, fitness and Whac-A-Mole

October 31, 2007
Comments(15)
A couple of nuggets from recent development plans: Making Way for Venu: Another Woodfield Centre tenant is moving to make way for redevelopment. Elan Furs has filed plans to take space in Clearwater Shoppes...
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A wildlife-friendly business park

October 30, 2007
Comments(17)
Holladay Properties and the Indiana Wildlife Federation plan to dedicate the state's first "Certified Wildlife-Friendly Development" at an event tomorrow. The 1,500-acre AmeriPlex Business Park, southwest of the Airport, won the designation by...
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How much is this land worth?

October 30, 2007
Comments(15)
State officials are challenging a $7-million assessment for a 2.3-acre parking lot sandwiched between the RCA Dome and Lucas Oil Stadium. The state has launched eminent domain proceedings, and the owner isn't...
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Whole Foods and a retractable roof

October 27, 2007
Comments(18)
Premier Properties, the developer of Venu at 86th Street and Keystone Avenue, has acquired a 13-acre property across the street where another developer had planned to build a Whole Foods and condos. Premier...
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Saxony map features upscale tenants

October 26, 2007
Comments(29)
Is it a wish list, or are some of the nation's top retailers eyeing the Saxony project in Hamilton County? Some big names, including Lacoste, North Face and Polo, appear on a map...
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Westfield's booming growth

October 25, 2007
Comments(37)
The 19-square-mile, 24,000-population town of Westfield could balloon to 56 square miles and 110,000 people in the next several years. More than 11,000 new homes are in the works. And the residential rush...
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Brokerage firm buys building

October 24, 2007
Comments(27)
A local brokerage firm that specializes in foreclosed properties is moving its headquarters from North Meridian to a 6,700-square-foot office building at 1236-1238 Pennsylvania St. Wynkoop Brokerage bought the building shown...
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Deflating the Dome

October 22, 2007
Comments(10)
Demolition crews will begin letting air out of the RCA Dome as early as next spring. Deflating and removing the Dome's fabric roof is the first step of a five-month demolition process,...
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Cultural Trail takes shape

October 22, 2007
Comments(22)
How much will the Indianapolis Cultural Trail affect real estate downtown? What do you think of it? The $50-million bike and pedestrian path eventually will connect downtown's five cultural districts. Funding comes...
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  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

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