Recent Blog Posts

Marsh drops abatement request

July 24, 2007
Comments(14)
Marsh Supermarkets has withdrawn a request for a five-year tax abatement for renovation of the downtown O'Malia's store. Marsh officials notified the city Tuesday, shortly after Property Lines reported on the...
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Another hotel tower proposed

July 24, 2007
Comments(20)
A development team including locally based Prince/Alexander Architects has filed plans to build a 24-story tower between Eli Lilly & Co.'s Faris Campus and Lucas Oil Stadium. The $47-million project calls...
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Tax abatement on Aisle 5

July 24, 2007
Comments(13)
Marsh Supermarkets is hoping for final approval next month of a five-year tax abatement worth about $50,000 for a renovation of its downtown O'Malia's store. The company plans to invest $1.5 million...
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Skating Academy wins extension

July 23, 2007
Comments(12)
The Indiana Worlds Skating Academy has agreed to a 9-month lease extension for its space at Pan Am Plaza. The organization will remain downtown at least until April 2008, said Academy Executive Director...
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Sizzling malls add more new stores

July 19, 2007
Comments(19)
North-siders are set to get even more shopping and dining options in the coming months. Several new retailers have filed plans to open new stores in the Fashion Mall at...
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A racy redesign

July 19, 2007
Comments(10)
Check out the new look for the former Junior Achievement building at 21 Virginia Ave. The office building is getting a new name, 500 Festival Building, along with a renovation in...
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New owners taking over Canterbury?

July 18, 2007
Comments(3)
Downtown's historic Canterbury Hotel apparently has been sold. An announcement of the deal for the 12-story hotel at 123 S. Illinois St. is scheduled for Monday. At a gathering of Wholesale District...
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Another local retailer closing

July 18, 2007
Comment(1)
Karstadt Reed Cleaners, an institution on North Illinois Street since 1898, will close later this month. Steve Stevenson, the owner for 45 years, says business has been "pretty bad." The company is known...
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What next for Old City Hall?

July 17, 2007
Comments(32)
The Department of Metropolitan Development is seeking two independent appraisals of Old City Hall, the historic building that has housed the State Museum and now houses the interim Central Library. In...
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Impasse over Crown Hill

July 17, 2007
Comments(23)
Four months have passed since neighborhood pressure helped defeat a second proposal to develop 70 acres at the north end of Crown Hill Cemetery. A partnership of environmental groups including Indy...
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KIB getting new headquarters

July 16, 2007
Comments(4)
Keep Indianapolis Beautiful is planning to renovate a vacant industrial building in Fountain Square to serve as its new headquarters. The not-for-profit will seek LEED certification for the 25,000-square-foot building...
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Take a tour of Glendale

July 13, 2007
Comments(23)
Property Lines recently took a tour of the Glendale Mall construction site and got an update on progress. Check out a photo gallery of the tour and the latest rendering More

2 local businesses bid farewell

July 12, 2007
Comments(2)
A couple of prominent local businesses have shut down in recent weeks. Corner Gourmet at 1474 W. 86th St. apparently has closed. The phone numbers for both the shop and owner...
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Developer offers big bucks for homes

July 12, 2007
Comments(14)
A developer is negotiating individually with 77 condo owners to buy a community called Lakes at the Crossing that sits near the Fashion Mall. Gershman Brown & Associates has...
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Thoughts on KB's exit?

July 11, 2007
Comments(12)
More bad news on the housing front, as KB Home says it's bailing on Indianapolis. How big of a loss is it? KB entered the market in 2004 with...
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Consolidated sale put on hold

July 10, 2007
Comments(6)
The vacant 15-story Consolidated Building at 115 N. Pennsylvania St. was listed for sale with a $6.5-million pricetag yesterday until the owners pulled it off the market, ostensibly to focus on trying...
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New name for tower: M&I

July 9, 2007
Comments(3)
Milwaukee-based M&I Bank has no plans to vacate a 31-story skyscraper in downtown Indianapolis after acquiring its namesake, First Indiana Bank, the CEOs of both companies said today. First Indiana recently renewed...
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Bose move to Chase Tower is official

July 6, 2007
Comment(1)
The long-rumored move for Indianapolis law firm Bose McKinney & Evans is a done deal. The firm plans to take 111,000 square feet of space in Chase Tower, a big expansion over its current 80,000-square-foot space in First Indiana Plaza....
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Hurry up and wait for MSA

July 6, 2007
Comments(12)
City officials gave developers a tight, two-month time frame to come up with a second round of proposals to redevelop the Market Square Arena site. The RFP was issued Feb. 21, and...
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Furniture chain eyes 3 Indy stores

July 6, 2007
Comments(4)
A Chicago-based furniture store is planning three new locations in Indianapolis. Harlem Furniture has 16 stores in Chicago and Northwest Indiana. The first central Indiana store, in Greenwood, replaces the old Frank's...
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In the market for a gas station?

July 5, 2007
Comments(7)
OK, probably not. But you may be interested to know that local BP stations will be getting a new name soon. BP is selling 28 Indianapolis franchise locations, each of which will be...
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Get out your checkbooks

July 3, 2007
Comments(11)
As first reported in Property Lines on May 2, the owners of First Indiana Plaza are considering a sale of the struggling 31-story skyscraper. Who do you think will...
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Developer envisions Penn Centre

July 2, 2007
Comments(25)
Plans are taking shape for a major hotel, residential and restaurant development across from Conseco Fieldhouse. South-side developer J. Greg Allen is proposing a project that would stretch from Maryland Street to...
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Update: Foundry collapse

June 29, 2007
Comments(16)
Workers this morning cleared away the rubble from the old Herron School foundry building along 16th Street. It collapsed yesterday, possibly clearing the way for a deal that would provide...
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Property tax moment of truth

June 28, 2007
Comments(20)
Marion County will begin sending out property tax bills tomorrow, filling hundreds of mailboxes with bad news. Homeowners are bracing for higher bills thanks in large part to the state's decision a...
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  1. Why not take some time to do some research before traveling to that Indiana town or city, and find the ones that are no smoking either inside, or have a patio? People like yourself are just being selfish, and unnecessarily trying to take away all indoor venues that smokers can enjoy themselves at. Last time I checked, it is still a free country, and businesses do respond to market pressure and will ban smoking, if there's enough demand by customers for it(i.e. Linebacker Lounge in South Bend, and Rack and Helen's in New Haven, IN, outside of Fort Wayne). Indiana law already unnecessarily forced restaurants with a bar area to be no smoking, so why not support those restaurants that were forced to ban smoking against their will? Also, I'm always surprised at the number of bars that chose to ban smoking on their own, in non-ban parts of Indiana I'll sometimes travel into. Whiting, IN(just southeast of Chicago) has at least a few bars that went no smoking on their own accord, and despite no selfish government ban forcing those bars to make that move against their will! I'd much rather have a balance of both smoking and non-smoking bars, rather than a complete bar smoking ban that'll only force more bars to close their doors. And besides IMO, there are much worser things to worry about, than cigarette smoke inside a bar. If you feel a bar is too smoky, then simply walk out and take your business to a different bar!

  2. As other states are realizing the harm in jailing offenders of marijuana...Indiana steps backwards into the script of Reefer Madness. Well...you guys voted for your Gov...up to you to vote him out. Signed, Citizen of Florida...the next state to have medical marijuana.

  3. It's empowering for this niche community to know that they have an advocate on their side in case things go awry. http://www.youtube.com/watch?v=Lrst9VXVKfE

  4. Apparently the settlement over Angie's List "bundling" charges hasn't stopped the practice! My membership is up for renewal, and I'm on my third email trying to get a "basic" membership rather than the "bundled" version they're trying to charge me for. Frustrating!!

  5. Well....as a vendor to both of these builders I guess I have the right to comment. Davis closed his doors with integrity.He paid me every penny he owed me. Estridge,STILL owes me thousands and thousands of dollars. The last few years of my life have been spent working 2 jobs, paying off the suppliers I used to work on Estridge jobs and just struggling to survive. Shame on you Paul...and shame on you IBJ! Maybe you should have contacted the hundreds of vendors that Paul stiffed. I'm sure your "rises from the ashes" spin on reporting would have contained true stories of real people who have struggled to find work and pay of their debts (something that Paul didn't even attempt to do).

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