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.
The city is taking a second look at a tax abatement request for the historic Stokely-Van Camp building at 941 N. Meridian St. Developer Buckingham Cos. bought the 114,000-square-foot building in February 2007 and began a $2.5-million renovation. The firm won a letter of support for a tax abatement from former Mayor Bart Peterson's office but the deal was never finalized. With much of the renovation work now done, Buckingham has revived its request for an 8-year abatement worth about $115,500. The planning department pulled the item from last week's MDC meeting at the last minute so Mayor Greg Ballard and his staff could have a look. A staff report on the abatement says it would create 18 new jobs and retain about 310. A key question: whether all the jobs will be located at the downtown building, a city spokesman said. (Photo/DIG-B)
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Managing Editor
Schouten is an Indianapolis native and Indiana University graduate who joined IBJ in 2006 after stints at the Sarasota Herald-Tribune and the Arizona Republic. He covered the real estate beat for most of those years, and launched the Property Lines blog, before taking over as managing editor in March 2013.
Schouten has been honored for investigative and enterprise reporting by the Society of American Business Editors and Writers, the Alliance of Area Business Publications and the Society of Professional Journalists in Indianapolis. During his tenure as moderator of Property Lines, the blog was recognized twice as the best among business journals by the AAPB.
Schouten serves as secretary of the board of governors of the Society of American Business Editors and Writers, and is set to serve as the organization's president in 2016. He is treasurer of the Indianapolis Press Club Foundation, and a board member of the Indianapolis Public Schools Education Foundation.
He lives in Butler Tarkington with his wife and two rescue dogs.