Also noted:Indiana’s lone Sharper Image store at the Fashion Mall at Keystone will close for good in the next few weeks. The bankrupt electronics chain is closing all 86 stores. But if you plan on shopping, take note: Sharper Image…
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Fun with tax abatements
A couple of development projects that would include tax abatements are up for hearings Wednesday at the Metropolitan Development Commission:
Community Hospital of Indiana Inc. plans to spend $3.7 million updating and expanding…
Rolling the dice in Indiana
A new electronic casino opens for business at Hoosier Park in Anderson today, and another at Indiana Downs in Shelbyville is set to open next week. The…
Local restaurants land at airport
Top-name Indianapolis restaurants including Shapiro’s Deli, Harry & Izzy’s, Scholar’s Inn and Slippery Noodle Inn could land restaurants at the new…
Read and discuss latest headlines
This week’s print IBJ is heavy on real estate news, just the way I like it. Check out some highlights:
Big plans for Lafayette Square
Lafayette Square Mall could look a lot like the…
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…
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…
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…
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…
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…
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…
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…
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
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…
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…
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,…
A vote for sidewalks
The city next week will consider an ordinance making sidewalks a requirement for any new project in Marion County. When the ordinance was initially heard last October, officials from several…
Pizza chain growing & more
Monical’s Pizza plans to open new restaurants in Carmel, Fishers and Indianapolis later this year. The Illinois-based chain, known for its thin-crust pies, already has six stores in Indiana: in Avon, Lafayette,…
Friday open thread
Besides college basketball, what’s on your mind today? A starting point: What do you think of Simon Property Group’s venture into the condo business with a 47-story tower atop a Nieman Marcus in Boston? (A spokeswoman for the tower’s designer,…
‘Major downturn’ for construction
Wondering why development news seems to have ground to a halt? The nation’s housing and economic woes are hitting development firms and slowing the demand for construction. The American Institute of Architects…