IBJ Property Lines (@PropertyLines) profile picture

IBJ Property Lines

@PropertyLines

An Indianapolis real estate blog hosted by Scott Olson, who covers the real estate beat for Indianapolis Business Journal.

 Indianapolis
ibj.com/propertylines
Joined May 2009
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Under new owner, Fountain Square's Wheeler building converting to market-rate housing ow.ly/Fk7A30ksHZX
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Two projects poised to reshape Mass Ave area ow.ly/80Z930koj0S
Two projects poised to reshape Mass Ave area - Indianapolis Business Journal

Two projects poised to reshape Mass Ave area - Indianapolis Business Journal

The Indianapolis Historic Preservation Commission has approved the projects—a four-story condominium building and the other a six-story office building. Both would feature ground-level retail space.

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North-side neighborhood group sues city over controversial project ow.ly/mlil30kn9B0
North-side neighborhood group sues city over controversial project - Indianapolis Business Journal

North-side neighborhood group sues city over controversial project - Indianapolis Business Journal

The lawsuit from the Driftwood Hills Neighborhood Association claims the reversal of a zoning decision relating to the Alexander at the Crossing development was unfair.

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Onyx+East ventures out of Indy area with $15M Tampa project ow.ly/8evr30klKM6
Onyx+East ventures out of Indy area with $15M Tampa project - Indianapolis Business Journal

Onyx+East ventures out of Indy area with $15M Tampa project - Indianapolis Business Journal

The condominium developer, which spun out of Indianapolis-based Milhaus two years ago, also has expanded its reach with a $12.5 million project in the Village of West Clay.

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South side's 118-year-old Turnverein building getting badly needed rehab ow.ly/PyTn30k7P4y
South side's 118-year-old Turnverein building getting badly needed renovation - Indianapolis...

South side's 118-year-old Turnverein building getting badly needed renovation - Indianapolis...

A local couple that operates a downtown insurance firm has embarked on a "multimillion-dollar" project to rehabilitate the Vonnegut-designed structure, which recently has played host to heavy-metal...

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Backers gain support for $3M downtown fund ow.ly/9bbH30k3f0Q
Backers gain support for $3M downtown fund - Indianapolis Business Journal

Backers gain support for $3M downtown fund - Indianapolis Business Journal

With time running out, Downtown Indy gathered enough signatures to present to the City-County Council, which ultimately will vote on the proposal to charge downtown property owners for beautification...

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Ambrosia-inspired restaurant, ice cream shop slated for Fountain Square landmark ow.ly/2Yq330k0Pq6
Ambrosia-inspired restaurant, ice cream shop slated for Fountain Square landmark - Indianapolis...

Ambrosia-inspired restaurant, ice cream shop slated for Fountain Square landmark - Indianapolis...

One of the city's best-known Italian restaurateurs and a Fort Wayne-based purveyor of quirky frozen treats will be neighbors in the 90-year-old building that anchored Fountain Square's revival.

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High-end auto shop buys north-side building for restoration, storage services ow.ly/Mnvv30k0Iga
High-end auto shop buys north-side building for restoration, storage services - Indianapolis...

High-end auto shop buys north-side building for restoration, storage services - Indianapolis...

A car-care staple in Meridian-Kessler is expanding to the Keystone Avenue corridor to open up space for rejuvenating classic models and giving their owners a white-glove option for storage.

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With time running out, backers of $3M downtown fund scramble for support ow.ly/oO1t30jX13B
With time running out, backers of $3M downtown fund scramble for support - Indianapolis Business...

With time running out, backers of $3M downtown fund scramble for support - Indianapolis Business...

Downtown Indy officials say they are hopeful that they will get the petitions necessary to create an economic improvement district by a self-imposed deadline of Friday.

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Students' solution for Lafayette Square: 'Tear it down, build industrial' ow.ly/sLTr30jTs77
Students' solution for Lafayette Square: 'Tear it down, build industrial' - Indianapolis Business...

Students' solution for Lafayette Square: 'Tear it down, build industrial' - Indianapolis Business...

Leaders of a collegiate contest for real estate development elected the struggling west-side shopping center as a case study. The winning entry suggesting wiping the slate clean.

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Local developer plans four-story condo project on Mass Ave ow.ly/QjZo30jQ6eq #indy
Local developer plans four-story condo project on Mass Ave - Indianapolis Business Journal

Local developer plans four-story condo project on Mass Ave - Indianapolis Business Journal

Stenz Construction Corp. bought a two-story office building in the Mass Ave District and is seeking to demolish it to make way for the development.

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Local office, industrial markets continue hot streaks in first quarter ow.ly/VAZK30jMcQr
Hospitality hotbed serving airport picking up two more hotel properties ow.ly/BTlX30jEDys
Hospitality hotbed serving airport picking up two more hotel properties - Indianapolis Business...

Hospitality hotbed serving airport picking up two more hotel properties - Indianapolis Business...

The impending arrival of the full-service Embassy Suites with convention and banquet facilities may have attracted yet another hotelier to the critical mass of operators just west of Indianapolis...

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Ground broken for $24M mixed-use development on Lafayette Road ow.ly/nN2O30jB5kp
Ground broken for $24M mixed-use development on Lafayette Road - Indianapolis Business Journal

Ground broken for $24M mixed-use development on Lafayette Road - Indianapolis Business Journal

The real estate project at 3500 Lafayette Road, called the Pyramids at 35 Hundred, is expected to feature 130 independent-living units for seniors and 15,000 square feet of commercial space.

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Duke Realty seeks to build headquarters at Keystone at the Crossing ow.ly/j1kI30jzr3Z
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Momentum for Central State site mounts as homebuilder stakes out $15M project ow.ly/xewt30jxdXO
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Bank of America building first stand-alone center in Indy push ow.ly/5WG230jpVnf #indy
Bank of America building first local stand-alone center in Indy push - Indianapolis Business Journal

Bank of America building first local stand-alone center in Indy push - Indianapolis Business Journal

The bank has staked out the upscale Keystone at the Crossing submarket for a staffed, free-standing addition to its growing local operations.

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Milhaus swings creative deal for $16M apartment project in Fountain Square ow.ly/8g5e30ji9Uq #indy
Milhaus swings creative deal for $16M apartment project in Fountain Square - Indianapolis Business...

Milhaus swings creative deal for $16M apartment project in Fountain Square - Indianapolis Business...

The plan for the development, slated just east of the neighborhood's commercial core, required reaching out to property owners on Prospect Street and collaborating with neighborhood officials.

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Indy Eleven expecting record attendance for home opener ow.ly/A7ob30jcwxB #indy
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With $135M price tag, second phase of CityWay ramping up quickly ow.ly/5Blq30jbmgV #indy
With $135M price tag, second phase of CityWay ramping up quickly - Indianapolis Business Journal

With $135M price tag, second phase of CityWay ramping up quickly - Indianapolis Business Journal

The project will bring 400 additional apartment units, nearly 29,000 square feet of retail space and 19,000 square feet of office space to the southeast side of downtown when work concludes in fall...

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