Articles

Walsingham parking hurdle cleared?

For about two years, a lack of parking has delayed a condo conversion at the historic Walsingham Apartments (pictured here, courtesy of Indiana Historical Society) at Delaware and 16th streets. But now, an…

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Bank leaving flagship corner

Flagstar Bank will likely vacate one of downtown’s highest visibility corners, at Meridian and Washington streets, later this year. Midland Atlantic is marketing the 3,500-square-foot space in 2 N. Meridian St. as an…

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Jefferson Plaza revamp underway

Downtown’s Jefferson Plaza is getting a facelift and a new name. Developer J. Greg Allen says he’s talking with three potential restaurants interested in opening on the first floor with outdoor dining…

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A new vision for Speedway

The Speedway Redevelopment Commission has unveiled its vision for the redevelopment of 400 acres bordered by Main Street, Olin Avenue, and 10th and 16th streets. They’re calling it The Speed Zone and want…

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4 beds, 2 baths and a billboard

If you’ve driven north on Delaware Street toward 16th, you’ve seen this billboard. But did you notice the Herron-Morton home behind it? The house is for sale, and it’s one of the most interesting listing I’ve seen in a while….

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Bonefish Grill in Avon closes

Is Indy losing its status as a chain-restaurant darling? Another popular restaurant has closed, this time the Bonefish Grill in Avon. Other area Bonefish Grill restaurants remain open. The concept is owned by…

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Prominent developer looking at Indy

The founder of the country’s largest black-owned real estate firm, R. Donahue Peebles, spoke at the Madam C.J. Walker Theater earlier this week. His company, Peebles Corp., has $4 billion in projects currently…

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Tower House on Meridian

Here’s a rendering for the $50-million project I wrote about yesterday. The Tower House on Meridian proposal incorporates the existing Grain Dealers Mutual Insurance building along Meridian Street and would add a 14-story…

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Beat goes on at Verizon

Will the owners of Verizon Wireless Music Center find a buyer? So far, the answer is no. Several brokers say the unofficial asking price of more than $40 million is…

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City to review $50M project

A redevelopment proposal for the north end of downtown is up for zoning approval at 1 p.m. Thursday. If developers can secure financing and city approval, the $50-million project would incorporate the…

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Around town retail roundup

Several new stores and restaurants have filed plans to open locations all over the city. Wherever you live, chances are there’s something coming nearby. North: The area’s first location for salad-focused Tossed…

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Tossed plans to open its first Indiana location in Fishers next week. The Florida-based salad concept is aiming for four more stores in addition to its restaurant at 8510 E. 96th St.

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Overhaul underway on IPS building

The administrative building for Indianapolis Public Schools is getting a $3.2 million overhaul to shore up two levels of parking. Workers have removed the facade from most of the second and third floorsJohn  Morton-Finney  Center

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Fresh Market delayed but still a go

Since crews finished clearing the old Atlas Supermarket site in March, the corner has been conspicuously quiet. The lack of construction work has helped fuel speculation that the deal for a Fresh…

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College leasing chunk of Lexington

A private college system plans to move into the Lexington project at Meridian and 12th Streets downtown. Brown Mackie College has executed a lease for 25,000 square feet in the 1921 building that…

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D’vine move clears way for big project

Premier Properties has taken another step toward its ambitious plan for Woodfield Crossing. The company has a deal to relocate D’vine A Wine Bar from an existing retail building on the Woodfield property to another building it owns.

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Deal in works for Hamaker building

Days could be numbered for an 85-year-old independent pharmacy at the northeast corner of Pennsylvania and 49th streets. The building that houses Hamaker Pharmacy, along with Cafe Patachou, D&Z Gifts, Meridian Heights Cleaners and Corks Grocery, is up for sale….

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Extreme Makeover: Cub Foods edition

There is a clear winner in the category of Most Surprising Reuse of a Former Cub Foods. Property Lines got a tour this morning of the new Calvary Christian School at…

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Cheesecake heads South

The decision by Cheesecake Factory to open its second Indianapolis restaurant on the south side seems to validate the consensus among brokers that the area has been underserved by restaurants. The California-based…

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Plan calls for mixed-use giant

A local developer is planning an ambitious project called Woodfield Crossing that would add 1.8 million square feet of development to the southwest corner of 86th Street and Keystone Avenue. The project,…

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