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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

Retail roundup: Kahn's plans new downtown store & more

September 24, 2010

21 N PennKahn's Fine Wines & Spirits plans to open a new downtown location in the current home of John's Fine Wine & Spirits at 21 N. Pennsylvania St. The Indiana Alcohol and Tobacco Commission on Oct. 4 will consider a request by Kahn's Fine Wines Downtown Inc. for a transfer of the John's package-store permit. Liz Coram, who has owned John's since 2000, said she's close to closing a deal to sell the business and 1920 building to Kahn's owner Jim Arnold, who could not be immediately reached. Coran said Kahn's has big plans to renovate and tranform the store, including taking advantage of a huge basement vault to showcase a selection of hundreds of wines. John's is a downtown landmark known for serving clientele ranging from homeless folks to professional athletes. It carries everything from a $2.50 liter of Dimitri gin to a $1,599 bottle of Kelt Petra cognac. Kahn's, which operates a superstore at 5341 N. Keystone Ave. carrying more than 5,000 wine varietals and 900 beers, recently began work on a second store in the former home of an O'Malia Food Market at 2342 W. 86th St. 

There's plenty more to report in the restaurant/retail world, as Property Lines catches up from an extended vacation. Here goes:

  • Triton Brewing Company has chosen a home for its brewery and tasting room: the former Fort Benjamin Harrison. The brewery led by Mike DeWeese, Jon Lang and David Waldman is taking a brick 1920s mule barn at 5764 Wheeler Road. The facility will feature a small retail space and a 40-seat, smoke-free tasting room and beer garden.
  • Teddy's Burger Joint is set to open Oct. 14, in a 4,000-square-foot space behind the Steak n Shake restaurant at Southport Road and Ind. 37. Owner Corey Larson is creating a restaurant featuring angus-beef burgers, a special kid's menu and occasional live accoustic music.
  • The Bakery at Geist, a new local pastry shop, is set to open in October at 8150 Oaklandon Road in the Geist Station Shopping Center. The 1,100-square-foot bakery led by Chef Ron Woods will sell a wide variety of breads, rolls, cakes and pastries. Woods trained at The Chef's Academy and previously worked as a baker at Rene's in Broad Ripple.
  • When Eddie Met Salad, the homegrown healthy chain led by Eddie Sans, is taking 1,300 square feet in the first floor of the Denison parking garage at 139 N. Illinois St.The chain already has four area restaurants, including three in Indianapolis and one in Carmel.
  • Nature's Karma, a new homegrown store selling products that are "environmentally gentle", plans to open Oct. 1 at Clay Terrace. Owner Melissa Evans plans to carry everything from recycled seatbelt purses to keyboard bags and wallets, soy candles to skincare products.
  • Tilly's Sweet Tooth Shop and Eatery plans to open a 1,200-square-foot carryout shop at 8847 N. Michigan Road. The shop owned by Jason Sherrell features caramel apples, fruit skewers, berry bowls and brownies.
  • Pandora, a jewelry concept known for its charm bracelets, has opened a 900-square-foot store at Castleton Square Mall. It is the Danish chain's first local store, although its products also are sold at local Jared stores.
  • Popcornopolis plans to open its first Indianapolis-area store in Castleton Square Mall on Oct. 1. The shop owned by George and Traci Bowman is the 11th location for the California-based chain.
  • The Cheese Shop, a staple of the Fashion Mall at Keystone since the mall opened, is moving across the street to Fashion Mall Commons (anchored by Kohl's). The shop owned by Bryon Meyer will make the move to space between LePeep and McAllister's in about three weeks.
  • Miami Subs Pizza & Grill plans to open its first local location as part of a service station at 112 Opportunity Parkway in Greenfield. The chain has locations in Florida, New York and the Carolinas.
  • Max & Erma's has closed its Castleton restaurant. The Columbus, Ohio-based chain has two remaining Indianapolis-area restaurants, in Carmel and Greenwood.
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