State drops canal development
A 1-acre site along the Central Canal will not be developed, at least for now, a state official said in an e-mail. The state’s public finance director, Jennifer Alvey,…
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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…
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…
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,…
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…
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…
IRT plans $3M renovation
The Indiana Repertory Theatre has won a $3-million grant from the Lilly Endowment to fund renovations of the Indiana Theatre building at 140 W. Washington St. IRT plans to…
Update: Wells auction delayed
Brokerage firm Colliers Turley Martin Tucker has delayed an auction of three parcels near Meridian and 16th streets that previously housed the Payton Wells car dealership. Auctioneer Bob Getts…
Retro Dunkin rendering
The new Dunkin Donuts at Washington and Pennsylvania streets (reported here in November) likely will have a retro look that incorporates the old Roselyn Bakery sign. Plans call for neon signs and a stainless steel facade. What do you think?
J.F. Wild building getting makeover
A local firm has begun renovations on an historic 12-story former bank building at 129 E. Market St. Crown Property Group bought the J.F. Wild & Co. building from…
Obama taking downtown space
Sen. Barack Obama’s presidential campaign plans to temporarily take over one of the city’s most prominent retail spaces. The campaign has reached a deal to open an office in Flagstar Bank’s former…
L’explorateur eyes downtown
More fuel for the local v. chain restaurant discussion: Chef Neal Brown is looking to move his popular L’explorateur restaurant from Ferguson Street in Broad Ripple to a new location near Monument Circle….
Dome souvenirs & Babe Denny
This week brought potential resolution for a couple of disputes in the neighborhoods surrounding Lucas Oil Stadium:
Board limits RCA Dome souvenir proceeds to $200K
The Capital Improvement Board today agreed to rework an…
Developer details Penn Arts plan
A 23-year-old entrepreneur plans to spend $3 million to transform the 82-unit Penn Arts apartment building at 16th and Pennsylvania streets into 45 upscale apartments, Tracy Donhardt
Bertolini’s in Circle Centre closes
After a 12-year run, upscale Italian restaurant Bertolini’s has closed its Circle Centre location. The restaurant, on the first floor of the mall next to P.F. Chang’s and Champps, was part of…
Rendering for Mass Ave project
What do you think of the proposed replacement for a one-story, township-owned structure on Mass Ave? (Click for a larger version.) The $9 million plan, proposed by…
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…
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…
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…
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…