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With the Marott Center in New Hands, Could the Property Use Some Elbow Grease?

With the Marott Center in New Hands, Could the Property Use Some Elbow Grease?
Normally an announcement as modest as the sale of a small, well-maintained historic commercial building shouldn’t cause anyone’s pulse to race.  And, outside of this Urban Indy blogosphere, it probably hasn’t.  Truth be told, even within Urban Indy readership, nobody’s popping any blood-pressure pills.   But the change in ownership of the Marott Center on Massachusetts Avenue could prove interesting. According to Stenz Corporation, the property manager, the 1906 building was one of the first multi-level department stores in Indiana.  Marott Development Company, which owns the...
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Putting Kessler Park on the Map

Putting Kessler Park on the Map
The urban advocates are nearly unanimous that our metro areas, in general, suffer from a dearth of good urban park space.  Nonetheless, it is often hard to build much of an argument for new park construction, or the requisite land assembly. After all, most American cities are seriously lacking when it comes to density, and it doesn’t take much for us to think of a park in [insert your city here] that is practically always deserted.  While Indy holds up fairly well in court of public opinion when it comes to our downtown park and civic space, the rest of the city isn’t exactly winning any...
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CVS at 16th and Meridian – a Belated Reflection.

CVS at 16th and Meridian – a Belated Reflection.
Try not to bounce in your chairs too much: a writer at Urban Indy has finally decided to assess the CVS at 16th and Meridian, a few years after it opened.  The general view around these parts–which probably prompted the majority of us not to feature it–was a resounding “meh” at the results, even though it obviously tries to improve on urban design principles from other drug stores in the area.  When juxtaposed with the Walgreens at the adjacent corner, the differences are obvious. Our CVS on the left uses two stories (yes, that second floor is legit, even if the windows are...
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The Nordstrom Brainstorm: It’s time for a serious conversation.

The Nordstrom Brainstorm: It’s time for a serious conversation.
Hardly a week goes by without someone posting on the IBJ’s Property Lines blog, asking first Cory Schouten, and, more recently, Scott Olson, more or less the same question: “What’s the latest news on the old Nordstrom space at Circle Centre?”  The city parted ways with its downtown Nordstrom nearly two years ago (July 2011), and, from time to time, Simon Property Group (the manager, but never the owner) has managed rumors about replacement tenants that have percolated across the blogosphere for the 210,000 square foot space.  But we have received no official announcement from Simon, the City,...
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SEND new construction: multi-unit infill in two emerging neighborhoods.

SEND new construction: multi-unit infill in two emerging neighborhoods.
It’s rare that buildings this small get a comprehensive analysis on Urban Indy.  Usually it’s just a snapshot.  But since these multi-family structures represent probably the first permits for new construction on the near south side in decades, and I, your journalist, am incapable of keeping my articles short, you get the full deal.  And, from putting my ear to the train tracks for a few months, it seems that the opinions run the full gamut on the success of these developments, so my intent is to put it all into perspective.  Here they are.  The first development, with a Phase I complete and...
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