Indy developers, out-of-town deals

Check out a few of the projects local developers are working on outside Indy:

Kite Realty Group broke ground this week on Eddy Street Commons, a mixed-use village…

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Panera coming downtown

Weber Grill Restaurant could soon get some company. Panera Bread Co. is close to a deal to take the remaining portion of the former Old Navy space in Claypool Court. If landlord Simon…

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Kite pitches Pan Am plan

As promised, here is a siteplan from Kite Realty Group Trust that shows its preliminary plan to redevelop Pan Am Plaza. The plan shows seven restaurant, retail or…

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Could Super Bowl lift projects?

News of Indy’s successful bid for the 2012 Super Bowl spread quickly among Hoosiers here in Las Vegas. Already, the selection has become a part of sales…

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Siteplan sleuthing in Las Vegas

Hundreds of developers are circulating thousands of siteplans from more than 2 million square feet of exhibition space at the International Council of Shopping Centers convention in Las Vegas. The pitches include dozens…

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Brownsburg power center planned

Two local developers are pitching retailers on a proposed 700,000-square-foot power center in Brownsburg. The massive project seeks to capitalize on a growing population center and the…

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Fashion Mall expansion shrinks

Simon Property Group continues to pitch upscale retailers on an expansion of the Fashion Mall at Keystone, although the Indianapolis developer has scaled back the project. The plans now call for the addition…

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Metropolis could get Bass Pro

Plainfield’s top retail destination could become a much larger draw if a Florida-based developer gets its way. DeBartolo Development has a preliminary deal to buy Metropolis and hopes to land Bass Pro Shops…

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Update: CVS files renderings

Check out the renderings for a CVS pharmacy at the southeast corner of 16th and Meridian streets. A previous post on the development is here. What do you think? By request, the siteplan is

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Monarch building new headquarters

Locally based Monarch Beverage Co. plans to transform a vacant drive-in theater in Lawrence into its new headquarters. The theater would be replaced with nearly 1 million square feet of new…

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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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CVS to replace downtown IHOP

CVS has filed plans to build a new store where an IHOP now stands at the corner of 16th and Meridian streets. The new pharmacy would replace the iconic…

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Paramount Tower getting redesign

A development team is redesigning plans for a 16-story student-housing tower it hopes to build on a 2.3-acre site a few blocks east of the Central Canal. The developers,…

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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…

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Developer plans Carmel project

Locally based Browning Investments plans to develop a 20-acre mix of hotels, office buildings, a medical center and retail space on a vacant former church property along…

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JW work to begin in June

A three-year project to build a new convention headquarters hotel along West Street now is scheduled to begin on June 1, immediately after the Indianapolis 500, said Mike Wells of developer REI…

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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,…

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Kite eyes retail, hotel for Pan Am

A local developer hopes to add restaurants and retail space and possibly more to Pan Am Plaza to capitalize on a growing convention center and the new Lucas Oil Stadium. Kite…

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