Antiques mall expanding
Midland Arts & Antiques Market plans to open a 12,000-square-foot location in Carmel off of 126th Street between Meridian Street and Keystone Avenue. Midland’s flagship store occupies an historic former door factory and…
Cory Schouten
Articles
Houlihan’s gets hip
Kansas-based restaurant chain Houlihan’s has inked deals for new diners at Castleton Square Mall and Hamilton Town Center and hopes to open two other restaurants in Plainfield and Greenwood. The chain also has…
State to double rail-trail inventory
The state has reached a deal to buy more than 150 miles of abandoned rail lines for new trails, a deal that would nearly double Indiana’s 170 miles of rail-trails. The governor…
A new floral arrangement
Looking for flowers downtown? There’s a new arrangement, thanks to a shakeup among locally based florists. Enflora Flowers for Business, part of McNamara, plans to open in Chase Tower in early February. And…
Your wish list?
A final discussion question to consider today: What retailers, restaurants or development methods are missing from Indy? Plenty of new names are entering the market, and “green” building seems to be gaining…
Your favorite Indy building?
Several downtown projects, including Lucas Oil Stadium and the JW Marriott, will add new dimensions to a skyline that hasn’t changed much in the last dozen years. What is your favorite building…
Your vision for Lucasville?
The host of Property Lines, Cory Schouten, is on vacation this week. Meanwhile, the blog will feature discussion questions about Indianapolis real estate. Today’s topic is the area surrounding Lucas Oil…
Ritter’s sets new game plan
The Indianapolis-based parent of the Ritter’s Frozen Custard brand has been stuck in a cold streak lately, facing scores of
new ice-cream competitors and a dwindling lineup of franchisees. But RFC Franchising LLC is planning big changes designed
to firm up the home-grown chain, which now has 48 stores in nine states, down from more than 60 locations in 2005.
Good news for housing market?
Local homeowners tired of all the bad news about the housing market likely will be encouraged by data in a recent Fortune Magazine article. The magazine studied the correlation…
Fixing a crumbling canal walk
The oldest portion of the downtown canal walk could soon get a $3.2-million upgrade. The city is finalizing plans for new pavement, stairs, retaining walls, lighting and railings along…
SoDo proposal faces stiff odds
If Circle Centre mall were built today, it would cost $420 million. Throw in another $60 million, and you’ve got the price
of Legends District-SoDo, a proposed mixed-use development on the south edge of downtown.
Steak n Shake serves up weak results
Indianapolis-based Steak n Shake Co. reported more grim quarterly results today, and the company’s outlook for 2008 isn’t much better. After the market closed today, the company said same-store sales fell 3.9 percent in its fiscal fourth quarter, which ended Sept. 26. Revenue dropped to $151.1 million compared with $152 million during the same […]
Fountain Square buildings for sale
A prime block of Fountain Square real estate is on the market. Businessman Don Swayze is asking $1.2 million for two buildings and a used-car lot he owns along Virginia…
Five-o-clock, time for bar news
An upscale martini bar and restaurant has signed a deal to take the anchor retail space at 757 Mass Ave, the luxury condo building at the southwest corner of Massachusetts and College avenues….
Student-housing tower planned
A team of local developers is hoping to build a 550-bed, 16-story apartment tower near the IUPUI campus. The $40 million project, dubbed Paramount Tower, would target the lucrative student-housing market….
Tower’s history revealed
Contractors uncovered a bit of history this week as they continued renovation work at One Indiana Square, the 36-story office tower at Ohio and Pennsylvania streets. The work revealed parts…
Concert venue slated for downtown project
A huge mixed-use project proposed for just south of downtown would feature a 3,400-seat theater designed to attract 150 concerts, plays and events per year. Lead developer Ryan Zickler says the venue could draw 250,000 new visitors to downtown per year. His development team is finalizing plans for the overall $480-million project, which also calls […]
Catching up: Simon honored
The Simon Property Group Headquarters took top honors at Keep Indianapolis Beautiful’s A Monumental Affair awards last week. The 30-year-old contest honors the city’s best architecture, development and construction. Last year’s top…
High-rise in works near canal
A strong demand for student housing downtown is driving a $40 million plan for a high-rise apartment tower a couple of blocks
east of the Central Canal. The developer, a partnership of Fishers-based Paramount Realty Group and Indianapolis-based Alboher
Development Co. Inc., hopes to build the 16-story Paramount Tower on a OneAmerica parking lot.
EXCLUSIVE: $480M downtown project in works
A development team is finalizing plans for a $480 million mixed-use project that calls for condos, as many as three hotels, a theater and 175,000 square feet of retail space just south of downtown. The project, Legends District-SODO, could be one of the largest private developments in the city’s history. It would sprawl over 11 […]