Latest Blogs
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Kim and Todd Saxton: Go for the gold! But maybe not every time.
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Q&A: What you need to know about the CDC’s new mask guidance
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Carmel distiller turns hand sanitizer pivot into a community fundraising platform
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Lebanon considering creating $13.7M in trails, green space for business park
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Local senior-living complex more than doubles assisted-living units in $5M expansion
City welcomes real estate group
A few hundred of the nation’s most influential real estate developers, brokers and investors are in town this week for meetings at the Hyatt. The CCIMs, or Certified Commercial Investment Members, are meeting…
Live next door to The Distillery
Plans are in the works for a residential and retail project on a state-owned parking lot between Indiana Avenue, Capitol Avenue and Vermont Street, IBJ reported this weekend. Two groups bid for the three-quarters-of-an-acre parcel, and the winner includes Jim…
Fun with renderings
This is one of four proposed projects for an acre of state-owned land along the canal between Ohio and New York streets. What do you think? Property Lines has been asking for…
Afternoon kaffeeklatsch
What better way to wake you up on a rainy Thursday than with a little coffee news? Here goes: Borders plans to transform its coffee shop and cafe downtown into a Seattle’s Best Coffee, which is set to open in…
Already regulars at Capital Grille
Indianapolis Downtown Inc. Director of Real Estate Terry Sweeney doesn’t normally play favorites. But it’s a different story with Capital Grille. He’s dined at the new restaurant attached to the Conrad Indianapolis four nights in a row. Property Lines got…
The lure of tapas
How strong is it? The owners of a new BARcelona Tapas restaurant think it’s strong enough to overcome a risky downtown location at the northeast corner of Delaware and Ohio streets. The…
Curious price estimates?
A self-imposed MSA moratorium begins after this post. But I can’t help but ask: How is it that the taller, more ambitious proposal for the Market Square Arena site costs $20 million less? The $130-million proposal for MSA calls for…
Taxpayers’ MSA price uncertain
Neither of the teams hoping to redevelop the Market Square Arena site mention a specific figure for city incentive in documents filed with the city, but both say they need public money to make their projects work. In the $150-million…
Your turn: FBI project perplexes
The real estate community has been buzzing of late about the intrigue surrounding a new FBI field office planned for Castleton. What do you think? As IBJ reported, the U.S. General Services Administration awarded the $38-million project to a Missouri-based…
Driving Tour: North Keystone
Even if you haven’t driven North Keystone lately, you know the big story here is Glendale. Fences are up and demolition has begun. Locally based Kite Realty Group is transforming the enclosed…
Michigan Road land under contract
Development plans could be in the works for another large piece of land along Michigan Road. The 18-acre North Park Masonic Lodge property at 5555 Michigan Road is under contract. The lodge is selling the property without a broker. In…
What you crave
Never fear, White Castle fans. The downtown location at 16th and Illinois streets, which is closed and surrounded by a fence, apparently will soon serve sliders again in a shiny new White Castle building with nicer landscaping. Changes are coming…
Downtown getting home shops
People living downtown won’t have to wait for a proposed Target to go home shopping closer to home. Carson Pirie Scott is renovating 25,000 square feet of its space on the third floor of Circle Centre mall for a new…
Why so picky?
Barnes and Thornburg building next door to Borders, not leasing to anyone
Oceannaire and Flemings, Thornburg turned down. Steve Lee, Hokenson.
No deal yet on JW Marriott
The city and two local developers still are working on an agreement for a $250-million hotel complex including a JW Marriott near White River State Park. The parties had hoped to reach agreement by April 1. There are no hangups…
Office Space, anyone?
There’s plenty available. New numbers from Colliers Turley Martin Tucker show office vacancy rates all over the city rose in the first quarter of 2007. Downtown’s vacancy rate took a beating again, rising…
Your turn: MSA
Only two teams are competing to redevelop the Market Square Arena site, fewer than many had expected. Both proposals call for mid-rise projects that would include retail and residential components. Check out the renderings and more details below. What does…
Target proposed for MSA site
A partnership of Hearthview Residential, Mansur Real Estate Services, Lauth and Venture Real Estate has proposed a complex including a 14-story tower along with a Target store, office space and condos for the…