Historic roller rink for sale
The former Rollerland skating rink, which also once served as a car dealership, is up for sale. The 1928 building at 922 N. Pennsylvania St. is part of a block of four properties owned by Master Glass & Color Inc….
Cory Schouten
Articles
Late lunch: Dining shakeup
Here are some restaurant nuggets, along with a chance to win free food: The Jimmy Johns on Pennsylvania Street downtown has closed. The chain has another restaurant about a block away, at Meridian and Washington streets.Hoaglin Fine Catering plans to…
Update: Hotel could get “green” roof
Developers may add a “green” roof to plans unveiled yesterday for a $325-million JW Marriott hotel complex. A spokesman for the development team tells Property Lines that conversations are underway about installing the environmentally friendly feature atop part of a…
New restaurant at Dodd’s Townhouse
A group of local investors are planning a new restaurant dubbed The Meridian in the former home of Dodd’s Townhouse at 5694 N. Meridian St. Former Ruth’s Chris Executive Chef Dan…
New hotel will be city’s tallest
Downtown’s new convention headquarters hotel got a sleek new look this afternoon. The $325-million campus of hotels will include the tallest hotel in Indianapolis, a 29-story JW Marriott topped with more than…
A taller JW Marriott?
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…
City seeks $66M TIF for Marriott convention hotel
City officials are seeking approval this week for $66 million in tax-increment financing to help pay for a 1,000-room JW Marriott convention hotel along East Washington Street. The Metropolitan Development Commission is slated to consider the plan, which would create a new economic development area, on Wednesday. The City-County Council could consider the move next […]
305 condos replacing apartments
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…
Condo craze on Winthrop Avenue
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…
What’s ailing Indiana’s banks?: State-based bank stocks are trailing national peers as industry deals with tough period
Indiana bank stocks have taken a beating on Wall Street over the past year, lagging behind larger peers as the entire industry rides out an unfavorable environment. Shares of Indiana’s 16 publicly traded banks dropped an average of 3 percent from May 4, 2006, to May 4, 2007, according to research by Carmel-based banking consulting firm Renninger & Associates LLC. Meanwhile, the nationwide SNL Financial bank index was up 4.4 percent. During the same period, the Dow Jones industrial average…
Monroe photo ruling could sting CMG
Marilyn Monroe, one of celebrity licensing firm CMG Worldwide’s highest-grossing clients, has raked in more than $30 million
in licensing fees in the last dozen years–with roughly 25 percent of that landing in CMG coffers. But that spigot could slow
to a drip if a higher court upholds a ruling early this month by a New York federal judge.
Rescue for MSA site fell short
A high-profile local firm that quietly negotiated last fall to salvage the stalled redevelopment of the Market Square Arena
site abandoned its plans when the city decided instead to solicit new proposals early this year.
If you’re out this weekend…
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?
North side project to include Paradise
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…
Reviving Mass Ave’s East End
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…
Another Candlewood hotel planned
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…
New pet store will include hotel
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…
Take Two: Old theater gets new life
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…
Darden closing 7 Indiana restaurants
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…