Overview

• Downtown now counts 30,467 residents and generates 22% of Marion County’s tax revenue, reflecting a growing urban core with strong economic weight.
• More than $4 billion in projects are in the pipeline, including the Convention Center expansion with the Signia hotel, the new IU Health campus, and a Circle Center Mall conversion into housing and retail.
• Hotel demand reached about 1.8 million nights in 2024 on the strength of major events such as Taylor Swift’s concert, the WNBA All-Star Weekend, Gen Con, and the Indy 500, with the 2026 Final Four expected to extend momentum.
• Office vacancies have climbed to 12.1% from 9.7% in 2022, highlighting a continued post‑COVID drag on downtown employment centers.
• A DIA survey of roughly 2,200 respondents reports improved safety and cleanliness overall, though older adults and residents of adjacent counties held less favorable views.