Articles

Super Bowl disappointment

Word of Indy’s Super Bowl defeat spread quickly among Hoosiers attending the International Council of Shopping Centers annual event in Las Vegas. Employees at booths for several real estate companies, including Simon, checked news Web sites all morning…

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Glendale plans include Panera

A site plan from Kite Realty Group shows how a new Target store will fit within Glendale Town Center and also reveals some of the shopping center’s new tenants. A…

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LA Fitness proposed for West Carmel

People on the northwest side could get another fitness option to go with a brand new Gold’s Gym that just opened near 86th Street and Michigan Road. A development fact sheet from…

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Simon carries a big stick

Simon Property Group obviously has sway in Indianapolis, having built its headquarters on a public plaza. But the company’s clout goes far beyond the Hoosier state. That is abundantly clear at the…

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Mann pitching new projects

Locally based Mann Properties is pitching retailers in Las Vegas this week on a couple of mixed-use developments slated for the north side: A project with 132 townhomes and a retail strip called Creekside Shoppes would be built along 86th…

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Update from Vegas

Because of the three-hour time difference between Indianapolis and Las Vegas, I won’t have much to say until this afternoon. I promise it’s the time difference and not that party last night at The Palms. I was working, promise. Asked…

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VIEWPOINT: Seeing Indianapolis with new eyes

I left Indianapolis for New York City. Flying home for holidays, I never thought I could live here again. A nice place to grow up, Indianapolis gave me those wholesome Midwestern manners, recalled whenever a New Yorker asked, “You’re not from here, are you? You’re just too nice.” Indianapolis also gave me a successful career start, circa 1982. My partners and I later sold an OfficePlus location to a group in Manhattan in 1997. They invited me to move and…

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Contamination reconsidered: Developers show more acceptance toward environmental trouble spots When property is scarce, mitigation becomes viable

When property is scarce, mitigation becomes viable The plan to close Citizens Gas & Coke Utility’s coke manufacturing plant this year has already brought a few inquires about its reuse potential. But perhaps the biggest impact of the foundry fuel-maker’s demise will be stoking discussions over whether other environmentally scarred properties are ripe for redevelopment. Until recent years, many developers regarded any property with even a tinge of environmental contamination as if a parcel in Chernobyl. The coke plant “illustrates…

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TeePee could rise again: Local man hopes to revive restaurant that was city fixture from 1930s to ’70s

Dick Turner is looking for an entrepreneur who shares his taste for nostalgia and Big Chief cheeseburgers. For 20 years, he has dreamed of opening an updated version of the classic TeePee restaurants that served as hangouts for generations from the 1930s to 1970s. At its peak, the chain had three Indianapolis locations, each with dining rooms and curb service, on Madison Avenue and Fall Creek Boulevard and in Nora. Turner can show you the frayed legal documents that outline…

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Leasing Las Vegas

Property Lines will be on location in Las Vegas next week for the retail real estate community’s version of the Super Bowl. The annual International Council of Shopping Centers event is the nation’s…

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Historic roller rink for sale

The former Rollerland skating rink, which also once served as a car dealership, is up for sale. The 1928 building at 922 N. Pennsylvania St. is part of a block of four properties owned by Master Glass & Color Inc….

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Late lunch: Dining shakeup

Here are some restaurant nuggets, along with a chance to win free food: The Jimmy Johns on Pennsylvania Street downtown has closed. The chain has another restaurant about a block away, at Meridian and Washington streets.Hoaglin Fine Catering plans to…

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Update: Hotel could get “green” roof

Developers may add a “green” roof to plans unveiled yesterday for a $325-million JW Marriott hotel complex. A spokesman for the development team tells Property Lines that conversations are underway about installing the environmentally friendly feature atop part of a…

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New restaurant at Dodd’s Townhouse

A group of local investors are planning a new restaurant dubbed The Meridian in the former home of Dodd’s Townhouse at 5694 N. Meridian St. Former Ruth’s Chris Executive Chef Dan…

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JW

Newest rendering:

Older renderings:

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New hotel will be city’s tallest

Downtown’s new convention headquarters hotel got a sleek new look this afternoon. The $325-million campus of hotels will include the tallest hotel in Indianapolis, a 29-story JW Marriott topped with more than…

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A taller JW Marriott?

Developers plan to unveil a significantly updated set of plans this afternoon for a JW Marriott convention hotel across the street from Victory Field. For one, the 1,000-room hotel will be taller than the 22 stories originally proposed, said Jeremy…

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305 condos replacing apartments

A $150-million luxury condo development known as Renaissance Bay will replace an apartment complex along Keystone Avenue at 78th Street. All that remains of The Landings apartments are massive piles of concrete…

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Condo craze on Winthrop Avenue

A local developer is hoping to build another dense condo project in Broad Ripple along Winthrop Avenue. The proposal by locally based Page Development would bring 27 condos to 1.5 acres between Winthrop and the Monon Trail, just south of…

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Rescue for MSA site fell short

A high-profile local firm that quietly negotiated last fall to salvage the stalled redevelopment of the Market Square Arena
site abandoned its plans when the city decided instead to solicit new proposals early this year.

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