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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Articles
Carmel mansion is history
In the market for a 20,000-square-foot mansion with 4 bedrooms, 7 full baths and 5 partial baths? Too late! The former home of Dr. Donald Perez and his wife Karen, built in…
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. 
Redevelopment in Greenwood area
Southsiders may have wondered what’s going on at the northeast corner of Madison Avenue and County Line Road, across from Lowe’s and McDonald’s. Well, wonder no more. Locally based Peacock Companies is planning a new retail strip with outlots including…
Decision time on RiverPlace
The Fishers Town Council could decide the fate tonight of a controversial mixed-use project that includes residential high-rises along the White River.
What do you think they’ll do? The $500-million project by Centre…
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….
INVESTING: REITs lose sheen as other sectors of market shine
If you avoided getting hit by the falling brick that has been the residential homebuilding sector, you may want to get ready to do another sidestep. It looks as if weakness in homebuilders is spreading to real estate investment trusts, and it is early enough to take defensive action. Before getting into it, let me say that I believe the overall stock market has plenty of upside, despite the recent heady gains. My reason for avoiding REITs now is that…
Fort Harrison reuse plan approved
The Fort Harrison Reuse Authority won approval from the City of Lawrence last night for the final phase of a decade-long redevelopment of Fort Benjamin Harrison. The roughly 90-acre…
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…
A shopping center by any other name
I’ve got news on The Shoppes at Providence at Old Meridian, a new mixed-use project in Carmel. But first, a question: What’s the deal with the name? And second: What suggestions do you have for even more pretentious ones? How…
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…
Local malls line up new restaurants, retailers: Cheesecake Factory to open in Greenwood; hot clothing store H&M heading to Castleton
LAS VEGAS-Redevelopment plans at Greenwood Park and Castleton Square malls call for popular new restaurants and a sought-after Swedish clothing retailer. The additions-which would add the area’s second locations for The Cheesecake Factory and fashion retailer H&M, along with new-to-the-market restaurants Stir Crazy and BJ’s Restaurant & Brewery-are named in materials Simon Property Group Inc. shared with retailers at the International Council of Shopping Centers annual convention in Las Vegas. The highest-profile new tenant at Greenwood Park Mall would be…
New Glick exec puts expansion on agenda
It can be intimidating to be tapped by a legend and charged with growing one of central Indiana’s best-known companies. But
David Barrett, three weeks into his role as executive vice president of Gene B. Glick Co. and less than half the age of its
still-working founder, says he isn’t the least bit nervous.
Woodfield Crossing plan calls for hotel, offices, condos, theater
A local firm plans to redevelop a quiet corner near the Fashion Mall into a mixed-use behemoth with a full-service hotel,
5,000-seat theater, hundreds of condos, and more than a million square feet of office and retail space.
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,…
Restaurant bonanza
A local businessman has plans for two new independent restaurants downtown near the corner of Ohio and East streets. One of them, Cabo’s Mexican Grill, is slated to open next week at 132 East St., across from Fifth Third Bank….
Office market musical chairs
The Indiana Supreme Court, Court of Appeals and Tax Court have signed a letter of intent to move their offices to space formerly occupied by Eli Lilly & Co. at 30 S. Meridian. They’re leaving National City Center. The courts…
A quest to revive TeePee
Dick Turner, the man who owns the name and recipes to the classic Indy restaurants from the 1930s to 1970s, is hoping to open an updated version on the south side. Check out the story here. At its…
Hamilton Town Center starting lineup
Several major retailers are poised to open in the new Hamilton Town Center, the 900,000-square-foot shopping center under construction at Interstate 69 and the new 146th Street. Simon Property Group says in documents promoting the project that it will include…