Roundup: Bowling alley closing
Sport Bowl calling it quitsThe owners of Sport Bowl, a south-side institution for 67 years, plan to close in about a week. The 32-lane bowling alley has struggled since locally based Royal Pin…
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The year flew by
Property Lines turns one this week. We’ve reached 300 posts and more than 5,500 comments thanks to the participation and support of a loyal group of readers. Thank you.To mark the occasion, let’s…
More layoffs for developers
News from the city’s development industry has been grim lately. Duke Realty Corp. joined the layoff parade this week, dropping 45 employees (including 20 locally). In January, Lauth laid off 80 employees,…
A vote for sidewalks
The city next week will consider an ordinance making sidewalks a requirement for any new project in Marion County. When the ordinance was initially heard last October, officials from several…
Pizza chain growing & more
Monical’s Pizza plans to open new restaurants in Carmel, Fishers and Indianapolis later this year. The Illinois-based chain, known for its thin-crust pies, already has six stores in Indiana: in Avon, Lafayette,…
Friday open thread
Besides college basketball, what’s on your mind today? A starting point: What do you think of Simon Property Group’s venture into the condo business with a 47-story tower atop a Nieman Marcus in Boston? (A spokeswoman for the tower’s designer,…
‘Major downturn’ for construction
Wondering why development news seems to have ground to a halt? The nation’s housing and economic woes are hitting development firms and slowing the demand for construction. The American Institute of Architects…
Sinks, brownfields and insurance
Getting you up to date:
Airport sinks approved
The Indianapolis Airport Authority board has approved an obscure bid package known as “T-31” that provides for the installation of floor-level foot sinks for…
Mall getting go-karts and golf
The new owners of Lafayette Square Mall are plotting a $12-million redevelopment that would add a go-kart track and PC gaming area to the former Lazarus. New York-based…
Outlook grim for Venu
Plenty of people are holding out hope that Premier Properties USA Inc. can pull off its ambitious, $750-million Venu project at the southwest corner of 86th Street and Keystone…
Fabric, French food and fillings
Today’s collection of retail and restaurant nuggets are brought to you by the letter F.
Eastside institution closing
Circle Fabric, a staple at 30th Street and Shadeland Avenue for more…
Is mall’s sign a billboard?
The city waived several zoning requirements in allowing Simon Property Group to install a giant electronic sign at the entrance to Castleton Square Mall. The electronic portion of…
Latest real estate headlines
It’s a busy week for real estate news. Here are a few headlines:
Circuit City closes Clay Terrace store
Carmel’s high-end lifestyle center Clay Terrace has an empty big box. Virginia-based Circuit…
Preston’s Rocks no more
Wondering what happened to all those Preston’s Rocks commercials and billboards? After three years in business, local jeweler Reis-Nichols has given up on the spinoff, all-diamond concept. The store, in…
Former Colt behind condo project
The developers of a new condo project just east of I-65/70 are hoping to capitalize on stunning skyline views and an upcoming reconfiguration of the Ohio Street Interstate ramp. The project, dubbed CityView,…
Lockerbie mansion ‘off the hook’
Locally based Sparks Restorations has spent more than $1.5 million to buy and renovate an Italianate mansion in Lockerbie that was built in 1876. The mansion is now two giant…
Tiny town getting huge project
Locally based Mann Properties and Illinois-based Opus North are putting together plans for 1.5 million square feet of industrial and office space along Interstate 69 in Madison County. The 140-acre development, in…
Trustee eyes $9M development
Plans are taking shape for a $9-million, four-story building that would replace a one-story, township-owned structure at 875 Mass Ave. Center Township Trustee Carl Drummer plans to lease the property to Riley Area…
Four score and a canal conundrum
A community group is calling on state and local government officials to preserve a one-acre lot along the Central Canal as Lincoln Park in honor of the former president. The narrow strip…
A smorgasbord of topics
Workers are installing Flagstar Bank signs on the One North Penn building this week, including a sign atop the 13-story building. What do you think of the sign and…