INDIANAPOLIS — Downtown Indianapolis is experiencing a boom, a testament to thriving tourism, significant new development, and a focus on enhancing the overall urban experience.

The Downtown Indy Alliance (DIA) recently released its “2025 State of Downtown” report, celebrating a year marked by major events like Taylor Swift’s concert, the WNBA All-Star Weekend, and the Indianapolis 500, which set a record for hotel room sales. This hospitality success is expected to continue with major upcoming events, including the 2026 NCAA Final Four.

The report paints a compelling picture of growth and economic vitality: the six square miles of downtown now account for 22% of Marion County’s annual tax revenue, and residency has climbed to over 30,000.

The average resident is young, at 32 years old,

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