Recent Blog Posts

Tower getting a new sign

September 11, 2007
Comments(8)
Don't be alarmed to see workers removing the massive OneAmerica sign from atop the 38-story OneAmerica Tower in the next few days. The company plans to replace the sign with one...
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Young developer, towering dream

September 10, 2007
Comments(40)
The odds are long, but Jaron Garrett isn't giving up on an ambitious plan to replace several blighted buildings along Washington Street with a twisting glass-and-steel apartment tower. The 25-story project...
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Better know a developer: Lauth

September 7, 2007
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Locally based Lauth had a big week. They announced plans for a 7.1-million-square-foot distribution park on 555 acres at Interstate 70 and State Road 39 near Plainfield. But lately the company...
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Dome demolition: Implode or no?

September 6, 2007
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In the spirit of today's Colts festivities, there's an update this week on the new stadium and discussions about the old one. In a progress report, the Indiana Stadium and Convention Building...
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Lockerbie Park phase 2 on hold

September 5, 2007
Comments(48)
The foundations and garage slabs are in place for the next phase of Lockerbie Park, but construction is on hold for now. The project at College and Michigan streets has not sold...
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Farewell, mediocre pizza buffet

September 4, 2007
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At the top of a lunch-time retail roundup: Downtown's Bearno's Pizza has closed and will be replaced by Flagstar Bank. A sign on the door says to look for Bearno's elsewhere in...
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Another delay for MSA

September 4, 2007
Comments(23)
Hopes for a quick decision on who will redevelop the Market Square Arena site are quickly fading. City officials had promised a decision by July at the latest, but the political climate...
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New library almost ready

August 30, 2007
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It's been quite an ordeal, but the Central Library expansion is almost complete. The Interim Central Library, which opened in Old City Hall after construction began on the expanded...
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Wedding Cake, Anyone?

August 29, 2007
Comments(10)
One of Indy's most unique houses is up for sale, with an asking price of $449,900. The Wedding Cake House, built in 1873, has been home to the central regional office...
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New Condos Emerge in St. Joseph

August 29, 2007
Comments(23)
The Renaissance Flats project is taking shape along St. Joseph Street between Delaware and Alabama streets just north of downtown. The 19-unit project, by Britton Buildings Design Inc., is just north...
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Offers pour in for First Indiana Plaza

August 28, 2007
Comments(10)
A sluggish real estate market hasn't deterred investment groups interested in owning the 31-story First Indiana Plaza. Brokers say the New York-based owners of the struggling skyscraper have received about 10...
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Pan Am sale called off

August 27, 2007
Comments(5)
A Texas company has terminated its contract to buy Pan Am Plaza because of turmoil in the credit markets. Principle Equity Management had hoped to build a $50 million restaurant and...
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Tower's new look taking shape

August 23, 2007
Comments(14)
The first of the new glass panels are up on One Indiana Square. What do you think so far? The transformation of the 36-story tower built in 1970 is expected to take...
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A grand entrance for the JW

August 23, 2007
Comments(27)
Someone asked a while back what the JW Marriott convention hotel will look like along West Street. I had a chance today to ask Mike Wells of developer REI Investments. He said...
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Vision takes shape for Canal 'bridge'

August 22, 2007
Comments(54)
Kansas-based LodgeWorks LP continues to refine its proposal for a hotel project that would include a bridge over the Central Canal. The proposal, designed by Chicago-based ASC Architects, calls for: A four-story bridge...
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New renderings of Lucas Oil Stadium

August 21, 2007
Comments(29)
The state has released new renderings of Lucas Oil Stadium that more accurately reflect the brown brick color. What do you think?
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St. Francis gears up for expansion

August 20, 2007
Comments(12)
Construction is set to begin soon on a 417,000-square-foot addition to the Indianapolis campus of St. Francis Hospital (Beech Grove campus is shown here). The $200-million project is slated for completion...
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Will Indy get an IKEA?

August 17, 2007
Comments(33)
That's a popular question around here. Has been for years. The city is not currently in discussions with the Swedish home furnishings giant, said Jim Garrard, Indy's economic development director. But it was...
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Eastgate Mall is up for sale, again

August 16, 2007
Comments(42)
The owners of the eyesore formerly known as Eastgate Consumer Mall have put the property back on the market at an asking price of $3.5 million. Dallas-based JTL Capital LLC received...
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Scotty's looking downtown

August 16, 2007
Comments(8)
Scotty's Brewhouse, the Indiana college town institution, is working on plans for new restaurants in downtown Indianapolis, Chicago and Charlotte, N.C. The restaurant would like to locate at Pan Am Plaza, said...
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Feds cancel deal for FBI headquarters

August 15, 2007
Comments(5)
The federal government has canceled a contract with a Missouri developer chosen to build a new FBI field office in Castleton. The U.S. General Services Administration awarded the $38-million contract to Kansas City-based...
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Music Center off the market

August 15, 2007
Comments(27)
Noblesville's Verizon Wireless Music Center is no longer for sale and will host a full lineup of shows in 2008, the facility's general manager, Steve Finkel,...
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Retail Roundup: Of bars and banks

August 15, 2007
Comments(25)
Whether you're looking to save your money or spend it on booze, these nuggets might be of interest: D'Vine A Wine Bar plans to open next Tuesday in its new location along East 82nd Street. The wine bar is taking...
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Indy fitness craze continues

August 14, 2007
Comments(23)
With so many new fitness chains entering the central Indiana market, will Hoosier become synonymous with svelte? The latest additions: A Minnesota fitness chain has plans for new locations in Avon, Brownsburg, Carmel,...
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On a slow Monday, a trip back

August 13, 2007
Comments(16)
Almost 50 years ago, before the City-County Building or Interstate 65, city leaders and planners designed a master plan for the Central Business District. The 42-page document provides some fascinating...
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