Hobby 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
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.
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.