Tony townhouses on Penn
Indianapolis developer Axia Urban LLP is putting the finishing touches on Penn Townhouses, a part of its Meridian at 21 development north of downtown. From the outside,…
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Inside the new convention center
Ratio Architects today unveiled detailed interior plans for a $275-million expansion of the Indiana Convention Center. The light-filled expansion will feature elevated walkways and a carpet pattern designed to mimic the Hoosier landscape. The plans were revealed at a meeting…
Lucas Oil is looking good
More than 1,000 workers a day in two shifts are scrambling to finish Lucas Oil Stadium, installing everything from seats and concession stand equipment to portions of…
Condo building nears completion
Workers are putting finishing touches on the exterior of a new 17-unit condo building dubbed 707 East North on the eastern edge of downtown. The $20 million…
Building’s new look takes shape
Tenants have begun moving into the former Zipper Building, now known as The Broadbent Building. Occupants will include real estate firm Broadbent Co. and Brazilian Steakhouse Fogo de Chão. What do you think of the new look? Read More
Local name disappears from tower
Milwaukee-based M&I Bank didn’t waste any time erasing the First Indiana name from the 31-story tower where…
Going out of business
Several stores are calling it quits at local malls. The highest profile is the Macy’s at Washington Square. Other closings include Gap stores, a Limited Too and The Walking Co. Have…
BARcelona could close
A manager at the downtown tapas restaurant tells Property Lines the operation is in trouble and could soon close. Owner Frank Schmitz, of St. Louis, recently bought out his partner in the…
Sexy & Intimate and Scotty’s
A couple of restaurant updates: The owners of downtown’s Scholar’s Inn, Lyle & Kerry Feigenbaum, plan to close the restaurant on Jan. 1 for a month-long remodeling project. They plan to…
New JW design unveiled
Plans for a 1,000-room JW Marriott convention hotel now envision a taller building, with a whole new look and a larger pricetag. The hotel would be 34 stories, up from 29, and the project would cost $425 million, up from…
City may lift Pan Am covenant
Indiana Sports Corp. has asked the city to reduce the portion of Pan Am Plaza included in a covenant that restricts development. If approved, the updated covenant would cover only 10,000 square feet,…
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…
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 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…
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…
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…
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…
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…