The vice president of Downtown Indy says the area is experiencing a transformation from being simply a commerce center to becoming a tourist attraction and residential draw as well. Bob Schultz will take part in this afternoon's “State of Downtown Indy” event. He says downtown still has “significant opportunities for growth” in the areas of transit and street-level retail. Inside INdiana Business Host Gerry Dick will moderate a panel as part of this afternoon's event.

October 27, 2014

News Release

Indianapolis, Ind. — The State of Downtown is an annual gathering of business and civic leaders, elected officials and community advocates showcasing current indicators pointing to Downtown's success and an opportunity to address critical priorities for the near future.

Indianapolis has an ever-changing and dynamic Downtown experiencing one of its most significant transformations in recent history. Long seen as a thriving commerce and government center, Downtown has also evolved over the past three decades into a nationally-recognized tourism and sports destination while still embracing the arts and culture that enriches and enlivens our community. Downtown is again transforming itself – now, into a thriving and balanced collection of multi-dimensional neighborhoods where livability, creativity and diversity drive the attractiveness by multiple demographics. This year's State of Downtown Indy will address challenges and opportunities around transformation.

More than 250 Downtown residents, business owners, civic leaders and Downtown stakeholders are expected to attend this second annual State of Downtown event. The event will also award the second annual Champion’s Award. Downtown Indy will unveil its new website and announce a resident membership program.

WHEN: Tuesday, Oct. 28; 4 – 6 p.m. (see schedule below)

WHERE: Union Station Grand Hall at Crowne Plaza

WHO: Gathering and socializing starting at 3:45 p.m.

• Remarks from the Mayor's Office

• Downtown indicators – the current state of our Downtown and Velocity update by Sherry Seiwert, Downtown Indy president

• Downtown Transformation Panel (moderated by Gerry Dick of INside INdiana Business)

o Aasif Bade, president, Ambrose Property Group

o Derrick Feldman, president, Achieve

o Brian Payne, president, Central Indiana Community Foundation

o Erika Smith, columnist, The Indianapolis Star

o Adam Thies, director, Department of Metropolitan Development

• Launch of new Downtown Indy website and digital assets

• Presentation of annual Downtown Indy Champion's Award

• Networking reception and sponsors' showcase

About Downtown Indy

Founded in 1993, Downtown Indy, a public/private partnership existing to improve Downtown is also known as Indianapolis Downtown, Inc. As a private, not-for-profit organization, Downtown Indy is uniquely positioned to address issues that affect the area’s growth and well-being. Downtown Indy focuses on three areas: development, management and marketing to advance Downtown as a great place to live, learn, work and play.

Source: Downtown Indy

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