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 Thomas, a partner with Hearthview Residential. The cost: $920,000. No renderings were available, but the project is expected to include a bank and about 30 condos. The block is anchored by The Bourbon Street Distillery and Musicians’ Repair & Sales.