West Merrill sketch rendering
By popular demand, here’s the other rendering of West Merrill Tower. You can also see it here. This is the side of the building that would face downtown:
Indianapolis
Articles
Marsh drops abatement request
Marsh Supermarkets has withdrawn a request for a five-year tax abatement for renovation of the downtown O’Malia’s store. Marsh officials notified the city Tuesday, shortly after Property Lines reported on the…
Another hotel tower proposed
A development team including locally based Prince/Alexander Architects has filed plans to build a 24-story tower between Eli Lilly & Co.’s Faris Campus and Lucas Oil Stadium. The $47-million project calls…
Skating Academy wins extension
The Indiana Worlds Skating Academy has agreed to a 9-month lease extension for its space at Pan Am Plaza. The organization will remain downtown at least until April 2008, said Academy Executive Director…
Sizzling malls add more new stores
North-siders are set to get even more shopping and dining options in the coming months. Several new retailers have filed plans to open new stores in the Fashion Mall at…
New owners taking over Canterbury?
Downtown’s historic Canterbury Hotel apparently has been sold. An announcement of the deal for the 12-story hotel at 123 S. Illinois St. is scheduled for Monday. At a gathering of Wholesale District…
Another local retailer closing
Karstadt Reed Cleaners, an institution on North Illinois Street since 1898, will close later this month. Steve Stevenson, the owner for 45 years, says business has been “pretty bad.” The company is known…
What next for Old City Hall?
The Department of Metropolitan Development is seeking two independent appraisals of Old City Hall, the historic building that has housed the State Museum and now houses the interim Central Library. In…
Impasse over Crown Hill
Four months have passed since neighborhood pressure helped defeat a second proposal to develop 70 acres at the north end of Crown Hill Cemetery. A partnership of environmental groups including Indy…
Take a tour of Glendale
Property Lines recently took a tour of the Glendale Mall construction site and got an update on progress. Check out a photo gallery of the tour and the latest rendering
2 local businesses bid farewell
A couple of prominent local businesses have shut down in recent weeks. Corner Gourmet at 1474 W. 86th St. apparently has closed. The phone numbers for both the shop and owner…
Developer offers big bucks for homes
A developer is negotiating individually with 77 condo owners to buy a community called Lakes at the Crossing that sits near the Fashion Mall. Gershman Brown & Associates has…
Thoughts on KB’s exit?
More bad news on the housing front, as KB Home says it’s bailing on Indianapolis. How big of a loss is it? KB entered the market in 2004 with…
Consolidated sale put on hold
The vacant 15-story Consolidated Building at 115 N. Pennsylvania St. was listed for sale with a $6.5-million pricetag yesterday until the owners pulled it off the market, ostensibly to focus on trying…
New name for tower: M&I
Milwaukee-based M&I Bank has no plans to vacate a 31-story skyscraper in downtown Indianapolis after acquiring its namesake, First Indiana Bank, the CEOs of both companies said today. First Indiana recently renewed…
Bose move to Chase Tower is official
The long-rumored move for Indianapolis law firm Bose McKinney & Evans is a done deal. The firm plans to take 111,000 square feet of space in Chase Tower, a big expansion over its current 80,000-square-foot space in First Indiana Plaza….
Furniture chain eyes 3 Indy stores
A Chicago-based furniture store is planning three new locations in Indianapolis. Harlem Furniture has 16 stores in Chicago and Northwest Indiana. The first central Indiana store, in Greenwood, replaces the old Frank’s…
In the market for a gas station?
OK, probably not. But you may be interested to know that local BP stations will be getting a new name soon. BP is selling 28 Indianapolis franchise locations, each of which will be…
Get out your checkbooks
As first reported in Property Lines on May 2, the owners of First Indiana Plaza are considering a sale of the struggling 31-story skyscraper. Who do you think will…
north of South Street between Meridian and Pennsylvania streets.