Receiver sale for CityView
A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for about $42,000 per unit, about a third less than the…
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Magazine touts Woodruff Place
The magazine This Old House has named Indy’s Woodruff Place as one of the country’s 51 best places to buy an old home. The neighborhood…
Bally Fitness locations to close
Two local Bally Total Fitness locations will close today as part of the parent company’s reorganization under Chapter 11 bankruptcy. Gyms along U.S. 31 in Greenwood and behind…
Property Lines on Twitter
Want more frequent updates? You can now follow Property Lines on Twitter. Get the latest real estate nuggets at twitter.com/propertylines
Nora post office to close
One of the city’s busiest post office branches will close in the coming months to clear the way for a possible expansion of the Target…
Masonic landmark turns 100
Masonic groups this weekend will celebrate the 100th anniversary of the Indiana Freemasons’ Hall, formerly the Indianapolis Masonic Temple, at 525 N. Illinois St. The…
More on new Nora Kroger
The Kroger-anchored development referenced below will add far more trees than it has removed, Sandor Development CEO Sid Eskenazi tells Property Lines. The project along the Monon Trail at…
Group blasts Trail ‘destruction’
Construction work on a new Kroger-anchored development along the Monon Trail at 86th Street is drawing the ire of Nora neighborhood leaders. They’re frustrated by the removal of trees and bushes along the trail by the project’s developer, locally based…
Just in: Project renderings
Check out these conceptual renderings of a public-private downtown redevelopment project approved today by the Metropolitan Development Commission. The $65-million project calls for apartments and retail space adjacent to the former site of Market Square Arena. The renderings suggest the…
$65M downtown development
A proposed incentive deal to kick-start a $65-million development adjacent to the former site of Market Square Arena calls for the…
Restaurant in a bit of a Pickle
Indianapolis didn’t exactly warm to Spicy Pickle. The Denver-based restaurant chain shut down both of its Indianapolis-area locations shortly after opening them last year. But the chain hasn’t rid itself…
Developer plans apartments at 707
A local developer hopes to convert the unfinished eight-story 707 E. North St. condo project into a mostly affordable apartment building…
Sad news out of Madison
The 154-year-old Jefferson County Courthouse caught fire last night, and the damage looks serious. Workers were finishing up renovations in preparation for Madison’s bicentennial next month. You can follow Twitter updates from the Madison Courier here. The…
Kroger eyes Altum parcel
Kroger is looking at land in Zionsville for a new store. The Cincinnati-based grocer is in talks with the owners of Altum’s Garden Center along Michigan Road between 106th and 116th Streets,…
Owner has gourmet vision for Za
The proprietor of a planned new pizza joint called Za in Broad Ripple, Michael Keenan, says he has enlisted an all-star…
Around town pizza roundup
Couple of pizza-related nuggets:
A new pizza restaurant called ZA is planned for the former Slinky women’s clothing store near 62nd Street and College Avenue in Broad Ripple. Plans call for the restaurant…
What to do with the old airport
A group of eighth grade girls from a local charter school spent all day Friday learning about real estate and developing plans for reuse of…
Looking for a waterfront condo?
An auction has been set to sell nine remaining waterfront condos in a bank-owned development on Morse Lake in Cicero. The project, One Waterfront Plaza,…
Indy named best for recent grads
Some good news from an Apartments.com and CBCampus.com survey: Indianapolis has been named the top city for recent college graduates. The study looked for cities with the highest concentration of young adults,…