Here comes Spicy Pickle!
A Denver restaurant chain named for the pickles that come on every plate wants to open 10 locations in central Indiana. The 31-restaurant chain plans to begin construction on its first location…
Cory Schouten
Articles
Beilouny buildings filling up
Beilouny Luxury Properties has lined up Tantrum, a new local clothing boutique, for its 757 Mass Ave building. The company also has been talking with several restaurants about taking an…
Five Guys has big Indy plans
Five Guys Famous Burgers and Fries has filed plans for a new restaurant near Greenwood and is looking for 10 more locations in Marion County. The chain also is preparing to open…
West Merrill sketch rendering
By popular demand, here’s the other rendering of West Merrill Tower. You can also see it here. This is the side of the building that would face downtown:
Marsh drops abatement request
Marsh Supermarkets has withdrawn a request for a five-year tax abatement for renovation of the downtown O’Malia’s store. Marsh officials notified the city Tuesday, shortly after Property Lines reported on the…
Another hotel tower proposed
A development team including locally based Prince/Alexander Architects has filed plans to build a 24-story tower between Eli Lilly & Co.’s Faris Campus and Lucas Oil Stadium. The $47-million project calls…
Tax abatement on Aisle 5
Marsh Supermarkets is hoping for final approval next month of a five-year tax abatement worth about $50,000 for a renovation of its downtown O’Malia’s store. The company plans to invest $1.5 million…
If you build Honda, they will come
Two Indianapolis developers plan to break ground this week on a new Greensburg hotel catering to
The project, by locally based Street Corner Group and The Worthington Group, is adjacent to the $550 million Honda plant.
breaking ground this week
…
Skating Academy wins extension
The Indiana Worlds Skating Academy has agreed to a 9-month lease extension for its space at Pan Am Plaza. The organization will remain downtown at least until April 2008, said Academy Executive Director…
Government buoys office market: Downtown vacancy rate drops as agencies expand
Downtown’s anemic office market has shown signs of life over the last few months, but that doesn’t mean companies are taking more space and pushing occupancy rates higher. Credit goes to the government. State and local agencies absorbed roughly 175,000 square feet of office space during the second quarter of 2007, pushing the vacancy rate down to 15.9 percent, roughly a point lower than in the first quarter. The deals include 50,000 square feet for the Public Defender’s Office in…
Hotel tower planned by stadium, Lilly campus
After years of designing banks, churches and condo conversions, Prince/Alexander Architects Inc. is working
with unnamed partners on a plan to replace its headquarters with a $47 million, 24-story hotel and condo development called
West Merrill Tower.
Sizzling malls add more new stores
North-siders are set to get even more shopping and dining options in the coming months. Several new retailers have filed plans to open new stores in the Fashion Mall at…
A racy redesign
Check out the new look for the former Junior Achievement building at 21 Virginia Ave. The office building is getting a new name, 500 Festival Building, along with a renovation in…
New owners taking over Canterbury?
Downtown’s historic Canterbury Hotel apparently has been sold. An announcement of the deal for the 12-story hotel at 123 S. Illinois St. is scheduled for Monday. At a gathering of Wholesale District…
Another local retailer closing
Karstadt Reed Cleaners, an institution on North Illinois Street since 1898, will close later this month. Steve Stevenson, the owner for 45 years, says business has been “pretty bad.” The company is known…
What next for Old City Hall?
The Department of Metropolitan Development is seeking two independent appraisals of Old City Hall, the historic building that has housed the State Museum and now houses the interim Central Library. In…
Impasse over Crown Hill
Four months have passed since neighborhood pressure helped defeat a second proposal to develop 70 acres at the north end of Crown Hill Cemetery. A partnership of environmental groups including Indy…
KIB getting new headquarters
Keep Indianapolis Beautiful is planning to renovate a vacant industrial building in Fountain Square to serve as its new headquarters. The not-for-profit will seek LEED certification for the 25,000-square-foot building…
Huntington consolidates downtown office space: Bank leaving Capital Center after merger with Sky
Huntington Bancshares is giving up its local headquarters in Capital Center downtown now that it has completed its $3.6 billion purchase of Sky Financial Group. The 100 employees based at Capital Center, 201 N. Illinois St., will move to a Sky-owned office building at 45 N. Pennsylvania St. Sky bought the building last year as part of its $321 million purchase of locally based Union Federal Savings Bank. Bowling Green, Ohio-based Sky announced it was being purchased by Columbus, Ohio-based…
CEOs’ friendship helped pave M&I’s way for First Indiana buyout
If First Indiana Corp. was looking to pull off a sale quickly, Milwaukee-based Marshall & Ilsley Corp. was a natural place
to turn. First Indiana CEO Robert B. Warrington had been doing deals with the bank since he took the helm from Marni McKinney
in 2006. Warrington also is a friend and golfing buddy of M&I CEO Mark Furlong.