Using public-private partnerships, the city has successfully attracted new housing and commercial development to its core.
"It's hard to find a city of close to a million population where its core area is being revitalized as much as Indianapolis.
As a result, many cities across the country are looking to Indianapolis as a downtown renewal model.
It's easy to see why. In the past 15 years, Indianapolis has invested more than $6 billion of public and private funds in a host of downtown projects. More development is on the way -- again through public and private partnerships -- since an additional $3.2 billion in construction and renovation efforts are on the drawing board.
By the time these projects are completed in 2110, the cumulative downtown investments spanning 20 years should surpass the $9 billion mark. These investments have involved a host of wide-ranging projects -- the likes of new shopping, restaurant, cultural and entertainment facilities, new and extensive business locations and relocations, high-end hotel projects, classic sporting venues, plus all-important living units. There's also a downtown convention center that's expanding to meet a growing need."