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Property Lines - Scott Olson

Welcome to Property Lines, Indy's favorite source for neighborhood real estate news. Your host, IBJ real estate beat reporter Scott Olson, can be reached at solson@ibj.com.
Real Estate & Retail

Around town retail roundup

November 17, 2009

Several interesting nuggets to report this week:

  • A first-time restaurateur is planning to open a bar and lounge on the first floor of the new 3Mass building downtown. Owner Trevor Belden, a partner at Baker & Daniels, said he's developing a "low-key, comfortable place to grab a drink and a bite and listen to music." He hasn't settled on a name yet. It will feature comfortable chairs but no TVs. The 70-seat establishment, set to open in March, is taking one of three first-floor tenant spaces for 3Mass.
  • Hot Box Pizza plans to open a downtown location in the Harness Factory Lofts building. The locally based pizza chain filed plans to take 1,400 square feet in the building at 30 E. Georgia St. Nearby locations include the IUPUI campus and in Broad Ripple.
  • WineTyme, a new local shop selling wines, craft beers and gourmet food, is coming to Fishers. Managing partner Jonathan Sadler plans to open in a 1,700-square-foot building along Olio Road just north of 116th Street.
  • Tony Sacco's Coal Oven Pizza, a Florida favorite, is coming to the Indianapolis area. Local franchisee Pizza Revolution Inc. has filed plans to open the first of two area locations in Carmel's Clay Terrace, near Kona Grill.
  • KeyBank has filed plans to build a new branch to replace a vacant building at the intersection of East 10th Street and Euclid Avenue. The 2,400-square-foot branch will be built across the street from the Linwood Square Shopping Center.
  • Imbibe, a new watering hole in Fountain Square, opened this month on the first floor of the Fountain Square Theatre Building between Shelbi Street Cafe & Bistro and the Smokehouse on Shelby. It will be open Wednesdays through Saturdays and offer an appetizer and late-night menu.
  • Definitions for Her, a homegrown boutique that sells athletic women's appearel, is closing its location in Carmel. "Unfortunately we just have not experienced the traffic we need to stay open," owner Chris Campbell said in an e-mail to customers. A second location, in Nora Plaza, will remain open.
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