Merrill Tower moving west

Developer Stephen Alexander isn’t fazed by a zoning setback for his $67 million West Merrill Tower. The Metropolitan Development Commission denied his request to vacate an alley…

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Cultural Trail wins national kudos

A couple of topics to discuss:

More praise for Trail
In its March newsletter, New York-based Project for Public Spaces named Indianapolis one of five “Great Cities” thanks to the…

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Newsstand could be history

The owners of Delaware News Co., one of the city’s last remaining old-school newsstands, are getting out of the business after more than a dozen years. Phil…

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Penn Centre delayed but not dead

Construction won’t begin on the ambitious Penn Centre proposal for at least a few more months, but the project still is a go, said developer J. Greg Allen, who also…

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Payton Wells auction set

An auction date has been set for three parcels near Meridian and 16th streets that housed the Payton Wells car dealership. The properties are 2.5 acres with a 50,000-square-foot…

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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…

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BW3 returning to downtown

Buffalo Wild Wings hopes to be back downtown by summer. The restaurant chain plans to take about 6,800 square feet next door to Borders at the southeast corner of Meridian…

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What’s old is new again

On this nasty Friday, I’ve got a few updates on previous posts. Hope everyone has a nice weekend. Here goes:

What was Flagstar thinking?
Flagstar Bank has added yet…

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Circle Centre anchor struggles

The parent company of Circle Centre Mall anchor Carson Pirie Scott has joined a growing list of retailers struggling to stay afloat after disappointing fourth-quarter sales. About half…

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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…

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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…

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Wheeler staying put downtown

Wheeler Mission Ministries has no plans to sell its prime downtown real estate, despite financial troubles that have led the not-for-profit to close its eastside operation. Wheeler said it plans…

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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…

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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,…

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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…

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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…

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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…

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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…

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