Recent Blog Posts

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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Penn Centre at street level

October 18, 2007
Comments(30)
Here are two street-level renderings of Penn Centre, courtesy of Browning Day Mullins Dierdorf. The first shows the Omega Building along Maryland Street, and the second is a view from Pennsylvania Street. These still are early concepts and the developers...
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These colors don't run

October 17, 2007
Comments(14)
Work on the renovation of Jefferson Plaza (soon to be Allen Plaza) began this week as construction workers raised an Allen Commercial Group flag over the plaza. It replaces a worn-out state...
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It's time for a retail roundup

October 17, 2007
Comments(14)
Southport shakeup. Big changes are underway at Southport and Gray roads on the south side. An LA Fitness, the city's third, is under construction on 4.5 acres west of Gray Road. The...
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No alcohol at Champps

October 16, 2007
Comments(11)
Champps near The Fashion Mall at Keystone can't serve alcohol for 15 days because of an excise violation in 2005. The suspension is part of an agreement the restaurant reached with the state...
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Condos in Ripple & Cottage Home

October 15, 2007
Comments(28)
A developer is taking another shot at a condo project along Winthrop Avenue in Broad Ripple. The project was denied at a rezoning hearing June 20. The Metropolitan Development Commission is scheduled to consider a new plan Wednesday that calls...
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Highway project could swallow hotel

October 15, 2007
Comments(24)
A $600-million plan to revamp interstates 465 and 69 on the northeast side could have a major impact on buildings near the highways. Several properties, including a couple of office buildings, some...
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Drumroll, please: Buggs to open

October 11, 2007
Comments(21)
Three dining options at Buggs Temple are scheduled to open Oct. 19. They include Tavern at the Temple, Buggs Grille and Cornerstone Coffee House. Staff training is scheduled to begin tomorrow and...
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Developer drops pursuit of condos

October 10, 2007
Comments(8)
A local developer has dropped its effort to buy out 77 condo owners southeast of 86th Street and Keystone Avenue, at least for now. Residents of the condo development, Lakes...
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Join IBJ at awards dinner

October 8, 2007
Comments(7)
The not-for-profit group Keep Indianapolis Beautiful is planning its 30th annual A Monumental Affair, a gala event honoring the city's top architecture, construction, engineering and design. Interested in attending? IBJ is saving space...
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Thoughts on Ralston Square?

October 7, 2007
Comments(30)
Here are two renderings of the proposed Ralston Square project. The $60 million South Street project, named in honor of the original planner for Indianapolis, would feature a 150-room hotel, 55 condos, a 617-space parking garage and 41,000 square feet...
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Penn Centre, in color

October 4, 2007
Comments(44)
What do you think of the latest rendering of Penn Centre? The plans, designed by Browning Day Mullins Dierdorf, call for a 240-room Le Meridien hotel, 150-room aloft hotel,...
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City denies Bush Stadium reports

October 4, 2007
Comments(9)
The city has not decided whether to tear down Bush Stadium, spokeswomen for the mayor and the Department of Metropolitan Development said this afternoon, denying news reports. WTHR reported on its Web...
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Penn Centre wins approval

October 4, 2007
Comments(18)
The Indianapolis Historic Preservation Commission gave its unanimous approval last night for Penn Centre, a massive hotel, residential and restaurant development across from Conseco Fieldhouse. The next step is to add more...
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A cleaner Canal

October 3, 2007
Comments(18)
The city has agreed to pay a Kokomo company up to $423,000 to clean the Central Canal from 11th Street to the White River. The deal with biosolids management firm Merrell Bros....
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R.I.P. Marquis Tower?

October 3, 2007
Comments(20)
A 24-year-old's dream for a twisting downtown apartment tower has run into a brick wall. Jaron Garrett couldn't raise enough money to exercise contracts on the run-down properties he had hoped to...
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Fleeing the ... suburbs?

October 2, 2007
Comments(18)
August Mack Environmental said today it will move its corporate headquarters from Castleton to downtown's Lexington at Meridian. The Indianapolis-based environmental consulting company plans to take 16,200 square feet in the former home...
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Skewers of meat and more

October 1, 2007
Comments(22)
A few nuggets to break up an otherwise slow day for real estate news: All-You-Can-Eat Meat: The deal is done to bring the upscale Brazilian Steakhouse Fogo de Chão (fo-go dèe shoun, or fire...
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Developers pitch Meridian Street infill

October 1, 2007
Comments(16)
Two local developers have plans to replace downtown parking lots along Meridian Street with new mixed-use buildings. Jupiter Land Group, headed by restaurateur Rick Coombes, wants to build a five-story retail...
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IPS pledge: Fence is temporary

September 28, 2007
Comments(17)
The second- and third-floor parking levels of the Indianapolis Public Schools headquarters will remain surrounded on three sides by a chain-link fence at least until the spring, a school district official said today....
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Fountain Square's artistic alleys

September 27, 2007
Comments(10)
Earlier this year, real estate agent and Fountain Square resident Phil Barcio began the Fountain Square Mural Project, an effort to transform the neighborhood's alleys to help prevent crime and...
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No more Nothing But Noodles

September 26, 2007
Comments(30)
Arizona-based Nothing But Noodles has closed its local stores on 96th Street and near the IUPUI campus. No one answered the phone at either of the stores or at the Indianapolis corporate...
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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