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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

Hobby Lobby plans move; Party City grows in Carmel; plus 4 new restaurants

April 27, 2010
  • Compass roseHobby Lobby has filed plans to take over space now occupied by Ashley Furniture in Carmel. The furniture giant is in the final week of a liquidation sale. Its departurne will make way for the Oklahoma City-based Hobby Lobby chain to relocate its Carmel store from 2206 E. 116th St. to the vacated space at 2003 E. Greyhound Pass. Hobby Lobby has four Indianapolis-area locations including Greenwood and Avon.
  • Party City plans to open a new store at Clay Terrace in Carmel. The 12,600-square-foot store will replace Three Chairs Co., which is closing, and Baker Furniture, which is considering a move to another space within the mall. Rockaway, N.J.-based Party City already has locations in Fishers, Indianapolis and Plainfield. The Carmel store is scheduled to open in July.
  • Agostino's Pizza has filed plans to open in a vacant building along Washington Street between Pennsylvania and Meridian streets. The restaurant will take 2,000 square feet at 42 E. Washington St., between Nia's Deli and Dunkin Donuts. It wasn't clear whether Agostino's will continue to operate a restaurant at 126 N. Delaware St.
  • Bombay Bites, a new vegetarian Indian restaurant, has opened along 82nd Street near Interstate 69. The restaurant, next to Skyline Chili in Castleton Village Plaza, is carryout-only until construction wraps up on a restroom.
  • Brothers Rotisserie is replacing a former Noble Roman's Pizza and Tuscano's Italian Style Subs location in Noblesville. The restaurant filed plans this month for about 2,000 square feet at 5643 Pebble Village Lane.
  • Jimmy John's has filed plans to open a new restaurant along 96th Street east of I-69. The restaurant will take about 2,500 square feet now occupied by Payless Shoe Source. No word yet whether Payless is looking at space nearby just vacated by Blockbuster.
  • Bachrach, the New York-based men's clothing chain, has closed its store at Castleton Square Mall in front of Borders. The retailer still has locations at The Fashion Mall and Hamilton Town Center.
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