Recent Blog Posts

A taller JW Marriott?

May 15, 2007
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Developers plan to unveil a significantly updated set of plans this afternoon for a JW Marriott convention hotel across the street from Victory Field. For one, the 1,000-room hotel will be taller than the 22 stories originally proposed, said Jeremy...
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305 condos replacing apartments

May 14, 2007
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A $150-million luxury condo development known as Renaissance Bay will replace an apartment complex along Keystone Avenue at 78th Street. All that remains of The Landings apartments are massive piles of concrete...
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Condo craze on Winthrop Avenue

May 14, 2007
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A local developer is hoping to build another dense condo project in Broad Ripple along Winthrop Avenue. The proposal by locally based Page Development would bring 27 condos to 1.5 acres between Winthrop and the Monon Trail, just south of...
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If you're out this weekend...

May 11, 2007
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Let me know what you see. Notice a new project or for-sale sign? Leave me a comment, and I'll try to find out what's going on. What have you seen lately?
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North side project to include Paradise

May 11, 2007
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A two-building office and retail complex at the corner of Meridian and 96th Street will include a Paradise Bakery & Cafe and a McAlister's Deli. Landmark Properties is developing the 45,700-square-foot project...
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Reviving Mass Ave's East End

May 9, 2007
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A development team is hoping to replace an Indianapolis Public Schools operations center on Mass Ave with up to 400 homes and 200,000 square feet of retail space. The project would encompass 11 acres and preserve an historic former Coca-Cola...
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Another Candlewood hotel planned

May 9, 2007
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Developers are planning a new 80-room Candlewood Suites hotel on the east side at 21st Street and Shadeland Avenue. Constructed is slated to start next summer on the hotel, which would be the fourth in Indianapolis for the InterContinental Hotels...
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New pet store will include hotel

May 8, 2007
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A new PetSmart store opening soon at Trader's Point will be home to a 157-room PetsHotel, the first for the chain in Indiana. The store is slated to open in June and will...
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Take Two: Old theater gets new life

May 7, 2007
Comments(3)
A landscaping company is moving into the long-vacant former General Cinema theater at Lafayette Square Mall. Mainscape Inc. has signed a temporary lease and is working on a long-term deal with Simon Property Group, the mall’s owner. The company tore...
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Darden closing 7 Indiana restaurants

May 7, 2007
Comment(1)
Apparently Darden Restaurants is no longer keen on the Hoosier dining scene. The Orlando, Fla.-based company announced this weekend it's closing seven restaurants in Indiana, including Smokey Bones Barbeque and Grill locations in downtown Indianapolis and Avon, and the just-opened...
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Hotel proposed over Canal

May 4, 2007
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A Kansas developer has proposed a hotel, restaurant and retail space that would form a bridge over the Central Canal in the tradition of Ponte Vecchio in Florence, Italy (pictured). The plan...
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Don't cry for me, downtown eyesore

May 4, 2007
Comments(8)
An Argentinian restaurant called Taste of Tango is moving into a vacant building along East Washington Street downtown. The new owner, local real estate broker Fabricio Perez, has begun renovations and...
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North side retail nuggets

May 3, 2007
Comment(1)
A new Yats restaurant has opened in Fishers, at 8352 E. 96th St. The Cajun and Creole favorite is next door to a Blockbuster half a mile east of Interstate 69. The locally owned restaurant also has locations on College...
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Offers pour in for Guaranty Building

May 3, 2007
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The 98-year-old Guaranty Building on Monument Circle has attracted several prospective buyers, said Mike McMains, who owns the property with John Barnard. The local entrepreneurs bought the 9-story, 100,000-square-foot building at 20...
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Bahama Breeze skips town

May 2, 2007
Comments(13)
The popular island-themed restaurant along East 96th Street closed Friday, surprising many customers. A spokesman for Orlando-based Darden Restaurants said the company closed 9 restaurants that weren't in the best locations or performing...
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First Indiana Plaza for sale?

May 2, 2007
Comments(0)
Property Lines is hearing the owners of First Indiana Plaza are considering a sale of the struggling skyscraper. The 425,000-square-foot building is owned by New York-based Crown Properties Inc. The building's general manager, Julie Clements, said today she has no...
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Frozen Custard on the Canal at last

May 1, 2007
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Could it be? A long-promised Ritter's Frozen Custard and a coffee shop apparently are on schedule to open later this month on the north end of the Downtown Canal. The $3.5-million renovation of...
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City selling more Central State land

May 1, 2007
Comments(7)
A development team that bought 115 acres at the former site of Central State Hospital may soon buy another 33 acres from the city, at a cost of $223,500. Sound cheap? Mike Higbee, president of Development Concepts Inc. and one...
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City welcomes real estate group

May 1, 2007
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A few hundred of the nation's most influential real estate developers, brokers and investors are in town this week for meetings at the Hyatt. The CCIMs, or Certified Commercial Investment Members, are meeting...
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Live next door to The Distillery

April 30, 2007
Comments(9)
Plans are in the works for a residential and retail project on a state-owned parking lot between Indiana Avenue, Capitol Avenue and Vermont Street, IBJ reported this weekend. Two groups bid for the three-quarters-of-an-acre parcel, and the winner includes Jim...
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Fun with renderings

April 27, 2007
Comments(16)
This is one of four proposed projects for an acre of state-owned land along the canal between Ohio and New York streets. What do you think? Property Lines has been asking for...
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Afternoon kaffeeklatsch

April 26, 2007
Comments(4)
What better way to wake you up on a rainy Thursday than with a little coffee news? Here goes: Borders plans to transform its coffee shop and cafe downtown into a Seattle's Best Coffee, which is set to open in...
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Already regulars at Capital Grille

April 26, 2007
Comments(0)
Indianapolis Downtown Inc. Director of Real Estate Terry Sweeney doesn't normally play favorites. But it's a different story with Capital Grille. He's dined at the new restaurant attached to the Conrad Indianapolis four nights in a row. Property Lines got...
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The lure of tapas

April 25, 2007
Comments(6)
How strong is it? The owners of a new BARcelona Tapas restaurant think it's strong enough to overcome a risky downtown location at the northeast corner of Delaware and Ohio streets. The...
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Curious price estimates?

April 25, 2007
Comments(0)
A self-imposed MSA moratorium begins after this post. But I can't help but ask: How is it that the taller, more ambitious proposal for the Market Square Arena site costs $20 million less? The $130-million proposal for MSA calls for...
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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