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Welcome to Property Lines, Indy's source for neighborhood real estate news. Your host is Scott Olson, IBJ's real estate beat
reporter. Edited by Cory Schouten.
Recent Blog Posts
Revamped M&I Plaza lands King David, Side Street Deli
June 24, 2011
Comments(10)The main entrance to downtown's M&I Plaza is getting a $1 million makeover as the 28-story building prepares to welcome
two new restaurant tenants.
MoreClosing: Flower Factory, Frankey's, McVan's
June 21, 2011
Comments(7)Several notable departures including Flower Factory and Frankey's lead off the latest retail real estate roundup.
MoreCity kicking in $5M toward reuse plan for Bush Stadium
June 16, 2011
Comments(17)City officials are sharing new details of a plan to redevelop Bush Stadium into more than 250 apartment units, while preserving
the stadium's façade.
MoreRendering: Parking garage and retail for Broad Ripple
June 13, 2011
Comments(37)The city is kicking in $6.35 million for a $15 million Broad Ripple parking garage with first floor retail space and a police
substation.
MoreIHOP adding new restaurants
June 10, 2011
Comments(8)The IHOP restaurant chain is trying to regain a foothold in central Indiana with two new locations under construction and
at least three more in the works.
MoreCadillac Ranch takes chance on former Music Mill space
May 31, 2011
Comments(0)North-siders will finally get a shot at riding a Cadillac Ranch mechanical bull without driving to Union Station.
MoreLululemon, Five Below coming to Indianapolis
May 24, 2011
Comments(0)Two of the nation's hottest concepts in retail—a yoga apparel specialist and a new dollar-store concept targeting
teens—are coming to Indianapolis.
MoreRecreational outfitter REI plans store in Castleton
May 24, 2011
Comments(14)The outdoors retailer REI plans to open its first Indiana store in a former Linens & Things location in the Plaza at Castleton
shopping center.
MoreDiBella's sub shop scouting for Indianapolis locations
May 23, 2011
Comments(4)DiBella's Old Fashioned Submarines, a chain of gourmet sandwich shops based in Rochester, N.Y., is scouting for locations
for between six and eight new restaurants in central Indiana.
MoreNew restaurant space planned for Regions Tower
May 23, 2011
Comments(6)The owners of downtown's 36-story One Indiana Square/Regions Tower are working on plans to renovate part of the skyscraper's
first floor to accommodate a massive new restaurant.
MoreRoundup: Presley Presents, La Margarita, Stacked Pickle, Chicago's Pizza, Pioneer
May 18, 2011
Comments(9)Check out a round-town roundup chock full of new locations for popular restaurants including La Margarita, Stacked Pickle
and Chicago's Pizza, along with a new family dinner theater and a new concert venue for Fountain Square.
MoreBefore and after: Partnership sprucing up MLK corridor
May 13, 2011
Comments(2)A partnership between the city and nonprofit groups to spruce up the Dr. Martin Luther King Jr. Street corridor is starting
to yield results.
MoreFire damages historic 'Wedding Cake House'
May 10, 2011
Comments(0)The historic Kemper House near 10th and Delaware streets, known as the "Wedding Cake House," sustained about $100,000
in damage early Tuesday morning during a rash of fires.
MoreHeartland taking storefront space in Murphy Art Center
May 5, 2011
Comments(8)Heartland Truly Moving Pictures has signed a deal to move its headquarters to Fountain Square's historic Murphy Arts Center,
which includes a former movie house.
MorePizzology chef plans new downtown concept
May 2, 2011
Comments(24)Neal Brown, the popular local chef behind Carmel's Pizzology is outfitting the former home of Nia's Deli at 38 E.
Washington St. for a new restaurant called The Libertine.
MoreNew Petite Chou restaurant planned for downtown
April 28, 2011
Comments(3)The French-inspired Petite Chou is planning a new downtown restaurant at 30 S. Meridian St., next door to The Oceanaire Seafood
Room.
MoreRoundup: Detour, Froyo, Huddles, Cannoli Queen, Dairy Queen, Scotty's, more
April 25, 2011
Comments(17)Detour: An American Grille, Cannoli Queen and a couple of new frozen yogurt spots lead off a crowded restaurant and retail
roundup.
MoreFree parking for Tea Party?
April 20, 2011
Comments(20)The Indianapolis Tea Party has asked the city to waive the parking bill for its April 15 "Tax Day Rally" at the
Indiana Statehouse.
MoreNaked Tchopstix to open in King Cole Building downtown
April 15, 2011
Comments(3)Naked Tchopstix plans to move into the former home of Nicky Blaine's in the basement of the King Cole Building.
MoreRoundup: LoveSac, St. Elmo, Jets Pizza, Hokkaido Buffet
April 12, 2011
Comments(8)A new retailer at The Fashion Mall, a couple of new chain restaurants and a major renovation for St. Elmo Steak House lead
the latest retail roundup.
MoreNonprofit group plans renovation of 2 vacant apartment buildings
March 30, 2011
Comments(6)A not-for-profit group is partnering with a locally based developer to renovate two vacant apartment buildings near Meridian
and 38th streets into affordable and supportive housing.
MoreRoundup: Cutco, Marshalls, Performance Bicycle, Sensu
March 28, 2011
Comments(8)Cutco is opening its first local store, Marshalls is replacing an off-price brother, Performance Bicycle plans a new store
in Greenwood, and more.
MoreCircle Centre finally lands major fourth-floor tenant
March 24, 2011
Comments(4)Circle Centre mall is on the verge of landing a major new tenant for its struggling fourth floor.
MoreWork resumes on East Washington Street facade
March 15, 2011
Comments(6)The owner of a historic building at 42 E. Washington St. has city approval to continue repairing the building’s façade
almost three weeks after a stop-work order was issued.
MoreLawsuit puts Calle 52 in park
March 9, 2011
Comments(99)Plans are on hold for a new Latin restaurant at 52nd Street and College Avenue after a fellow restaurant owner sued to overturn
city approval of a parking variance.
More
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these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.