Is it a wish list, or are some of the nation's top retailers eyeing the Saxony project in Hamilton County? Some big
names, including Lacoste, North Face and Polo, appear on a map shared with retailers and brokers at a shopping center convention
in Chicago Thursday. Other names include Aldo, Jared, JCrew, Tommy Hilfiger, Polo, Coach, Forever 21 and bebe. Restaurant
spaces show a McCormick and Schmick's and California Pizza Kitchen. Locally based Situs Realty Corp. is leasing the new center,
which would sit on the Fishers side of the 725-acre Saxony development. The developer is Republic Development. Situs President
Keith Stark called the names "tentative" since the company is in the "very early stages of leasing." He said the 800,000-square-foot
shopping center would open in 2009.
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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.
Is it a wish list, or are some of the nation's top retailers eyeing the Saxony project in Hamilton County? Some big
names, including Lacoste, North Face and Polo, appear on a map shared with retailers and brokers at a shopping center convention
in Chicago Thursday. Other names include Aldo, Jared, JCrew, Tommy Hilfiger, Polo, Coach, Forever 21 and bebe. Restaurant
spaces show a McCormick and Schmick's and California Pizza Kitchen. Locally based Situs Realty Corp. is leasing the new center,
which would sit on the Fishers side of the 725-acre Saxony development. The developer is Republic Development. Situs President
Keith Stark called the names "tentative" since the company is in the "very early stages of leasing." He said the 800,000-square-foot
shopping center would open in 2009.
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On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
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It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.
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Greenwood was scammed. Somebody didn't do due diligence in checking out the claims of this company. The manufacturing of insulin can't be done on the cheap. If it could be done, some big generic company would already have it on the market. The founder was either a scammer or a wild-eyed dreamer who made people believe that his Lilly experience was what they needed to make millions of dollars. Greenwood fell for a get-rich-quick scheme but smarter investors didn't make the same mistake.
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DV, your list is not reasonable. For example, mass transit in Chicago does not benefit the poor Illinois farmer living on the Iowa border. So, there is no need for mass transit in Indy to benefit the retired widow living in Jasper, Indiana. Your comments, therefore, cannot be taken seriously yet it does reveal the narrow viewpoints that are robust here in Indiana. Mass transit works, even if not everyone in the city or state uses it.
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To Me Tim McGraw's Tight Muscles are Truly Magical
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tentative tenants the Container Store & Kenneth Cole were listed.
They didn't show & I doubt these will either.
roundabout. Our government needs to wise up and step in over this
over development issue. How many shopping venues do we possibly need!
I can remember as a kid going up the west side of 465. You could see the fire from the refinery and the sun off the Pyramids from all the way over there. Now I can't even look around me because I'm afraid I'll get barreled over by a semi going 85!!!
I also, saw that Indiana ranked near dead last for environmental grades in the most recent issue of Forbes Magazine! I find this utterly appaling. Given that most businessess locate on how well a place performs in this. So we REALLY need to clean up!
On a brighter note a number of projects announced or underway in Indy are i think greening the way (cause paving the way isnt so environmentaly sound) yet the projects are i believe our under construction & under appreciated new midfield terminal, 3 Mass Ave, The Venu (which very well may be the BIGGEST green project built in the country as well as the proposed Ralston Square... Hopefully, this is only the beginning & projects like the JW Hotel Complex get the green light to go green too!
I don't know how the women's wear selection stacks up, but the menswear collection at Saks Fashion Mall is shockingly poor. There is very little there I would actually consider buying were I in the market for upscale clothing. Until Saks can demonstrate its ability to sell a higher end merchandise mix, I'm skeptical on luxury stores setting up standalone shops. Although clearly the retail mix at places like Keystone Crossing is trending upwards significantly.
Cummins, Cat, and International all make diesel engines here, GM and Toyota build trucks, and Subaru and Honda have car factories. There's a huge plastics plant in Mount Vernon on the Ohio River. Petrochemicals and heavy-metal manufacturing are energy-intensive (smokestack emissions) and produce lots of waste byproducts. And the state's electric utilities largely rely on coal-fired electric plants that provide the juice for all our computers.
I'd wager that Texas ranked similarly low for their concentrations of petrochemical facilities, but Texas continues to boom.
I'd also wager that smart business decision-makers try to understand the reasons for rankings like these instead of just reading and reacting as you've done.
Saxony has been under development for SEVERAL years. The project is not new, only the news that there are tenants for it. Quit griping.
Our bad grades on both environmental and sprawl report cards reflect that massive capital investment as well. It doesn't mean we aren't sensitive to the need for change, it only means that we have what we have.
The thing that will change the perceived need for all these sprawling new developments further and further from the urban core is unsold new houses and empty new storefronts. I don't think that will happen by preaching about corporations, developers, and their impact on the environment. I think it will happen when people connect their own individual choices with environmental protection and begin making choices that decrease their footprints.
High-end tenants would be nice there and at the new mall across 69. I cannot wait for both of those to reach completion. Why are people so anti when it comes to projects like these. People just can't stand to see Fishers do well. I hope every major area can lure and attract high end clients/tenants and don't try to diminish an area that happens to do so. Fishers is a great area to live. Carmel, Westfield, Noblesville all have a sister-city way of things with Fishers in my opinion and I hope each town continues to make progress and secure progressive developments like Saxony, West Clay, Clay Terrace, Westfields new project, Hamilton Town Center, etc... Looking forward to it, but don't understand people's criticisms.
Elsewhere on this blog is a post about the $600million I-69/I-465 fix. Folks, they're related: Suburban/exurban growth = congestion.
Why? Because your road grids out in the boondocks were built on one-mile squares. When the 640 acres in each square mile get divided up into 1500, 2000 or more homesites, the 4000 or 5000 cars that live inside that mile square all have to use the four intersections at the corners of their mile square to go everywhere...behind the school busses.
Mile after mile on those roads...116th, 126th, Gray, Hazel Dell, Cumberland, Olio, Cyntheanne etc....the effect is cumulative. You are building your way INTO congestion that you can never build out of. Roundabouts will only work for a while. You don't have the pressure relief inherent in an urban street grid with five or ten cross streets per mile; everyone must pass through choke points to go everywhere.