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

Buckingham plans $45M 'village'

April 28, 2008

960 N. Meridian St.A local developer has big plans for the neighborhood around the renovated Central Library. Buckingham Cos. plans to spend up to $45 million building new apartments, offices, restaurants and retail space on several parcels it has quietly assembled near its headquarters in the Stokely-Van Camp building. Buckingham bought the Stokely building (southeast corner of Meridian and St. Joseph streets) and surrounding parking lots in February 2007. The firm has a contract to purchase four more parcels nearby—including the former Rollerland skating rink. It also is looking at a request for development proposals for the Ambassador Apartments and a parking lot along Pennsylvania Street. Those properties are being offered for sale by the Library. Plans for 960 N. Meridian St. (shown here) call for first-floor retail and 70 apartments. The company already is in talks with an office-supply chain about taking space. Read the full story here. What do you think?
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