WEBVTT

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Indiana

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University.

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>> Hello and welcome to

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Inside INdiana Business, I'm

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Gerry Dick on location this

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week at downtown Indianapolis.

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Along Georgia Street which

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continues to be a very busy

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place. The Big Ten football

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championship hosted at nearby

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Lucas Oil Stadium and now the

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performance racing show, PRM,

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what comes to Indiana

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Convention Center 2023 wants

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to thoughts turn to

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what's next for the

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Indianapolis region in

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downtown Indianapolis. This

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week Inside INdiana Business,

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IBJ Media and the Indiana

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economic Veltman Corporation

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held the seventh and final

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engage Indiana event for 2023

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for packed house of nearly 700

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people at the JW Marriott in

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downtown India. Business and

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community leaders quick to

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talk about what they say are

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the regions hot button issues.

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>> Top challenge here is the

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Steelworkers. It may be

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lessening around the country

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but it is still significant

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here.

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>> Issue continues to

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be

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talent, as we continue forward

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we need to make sure we have

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the right talent in place.

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>> Everyone is looking for

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migration into the community

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which is why we are out

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promoting the state of Indiana

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all the time in central

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Indiana to talk about what a

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great place it is to live,

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work, raise a family. But an

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overarching issue, what's next

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for downtown Indianapolis. The

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heart of the region continues

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to recover from the

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devastating impact of the

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pandemic and social unrest in

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2020. There are indications

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that traffic in downtown

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Indianapolis is nearing a

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return to pre-pandemic levels,

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in some cases, it's already

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there. Some suggest a pipeline

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of projects is about to fuel a

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resurgence like never before.

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>> K Sandpoint, work has begun

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at the former diamond chains

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site near Lucas Oil Stadium,

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of the $1 billion park use of

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element anchored by a 20,000

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seat stadium for the India

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professional soccer stadium,

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divided by a bridge will be a

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100 divided by a bridge will

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be a $100 million line cope

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corporate campus and a portion

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of the former GM stamping

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plant site. There will be

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another major expansion of the

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Indiana Convention Center,

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connected by a skywalk to a 40

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story 800 room Sydney by

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Hilton Hotel. Downtown second

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quarters hotel along with

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restaurants and retail, a few

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blocks east on Georgia Street

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the $400 million makeover of

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Gainbridge Fieldhouse is part

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of a transformation underway

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in the near East side downtown

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and the $140 million

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redevelopment of the old City

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Hall is to include a 32 story

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mixed-use tower with a 21 seed

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boutique hotel and art museum

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as well as apartments, condos

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and retail space. And that is

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a partial list.

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>> And joining me now with

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more on the potential impact

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of a resurgence in downtown

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Indianapolis please is always

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to be joined by his call,

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executive is present at Visit

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Indy,

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>> Thanks for having me,

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Gerry.

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>> Just to enumerate a number

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of projects, huge pipeline

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that's building here in

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downtown Indianapolis. Folks

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have been concerned about the

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fture of downtown coming out

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of the pandemic and social

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unrest, the challenges, what

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do you say to those folks who

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have those questions still?

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>> You look to the city

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skyline and see lots of

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cranes, lots of dust and the

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three in the central-- debris

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and that's a good sign,

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project that you mention are

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moving forward in a meaningful

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way and have been since the

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pandemic. We know visitation

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is back, we know those who

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live in our downtown in terms

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of residence is back, really

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is that daily commuter who is

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thinking about workin

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downtown where they live and

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how that virtual office has

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changed. But we have great

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confidence in the tourism

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related project that are

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coming online. Almost $2

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billion. With Cambridge

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already up and running in time

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for the NBA All-Star Game.

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>> You talk about the NBA All-

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Star Game payment terms of the

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spotlight shining on

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Indianapolis again in 2024 NBA

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All-Star Weekend we've got the

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US swimming trials among

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others, so the spotlight will

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be shining on India.

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>> If you're in the business

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of tourism, India is going to

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be epic. We have so many

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reasons to bring people to our

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city, you just mention the MBA

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All-Star Game, the C suite

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will be here, you win in

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Indiana you get to go to the

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bulimics, never mind the

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Taylor Swift concert the total

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eclipse which we estimate

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100,000 visitors will descend

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on Indianapolis for this,

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first and second rounds of

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March Madness and a very very

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very busy robust convention

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calendar.

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>> As you look at those

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projects from the Lancome to

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the Indiana 11 studio, new

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host hotel space, what's your

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opinion there?

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>> We will definitely build

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tourism jobs, that's research,

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but the physical locations,

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never mind being connected to

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the Convention Center we also

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look at the White River, the

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Delanco, Indy 11 Park, all

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with a dig project a navigable

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recreationally safe place to

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swim and be along the river,

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all those projects along the

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river is very appealing to us

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from a tourism perspective.

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$$TRANSMIT's Big Mac you talk

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about the river, as you think

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about the future of downtown

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Indianapolis a lot of people

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think the river will be a big

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part of that, I know you and

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others were part of a

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delegation going

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internationally.

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>> Sent a mission to

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Singapore, why around the

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world you may ask? Because we

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are deserving of a first-class

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activation of our River. Is

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cutting through the city, 58

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miles in the Devon density of

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economic projects along its

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banks mean we have to get it

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right as a multigenerational

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project for Indianapolis.

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>> What is the potential

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there, how excited are you and

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others about the river?

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>> Going over to Singapore,

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the economic development

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attraction and recruitment,

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it's tourism and quality of

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life. Is the idea we can be

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more bold along the banks of

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the White River at as it gets

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cleaned up to drive all those,

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Delanco, GM stamping, White

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River State Park expanding, by

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the way a new soccer stadium.

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People will be in and around

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the White River so we have to

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be more bold in our vision

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process and that's why we went

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to Singapore because it's best

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in class for activated

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waterfront.

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>> Chris Gahl, executive Vice

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President of Visit Indy,

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thanks for coming. (Music

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plays)

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>> Indianapolis certainly

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known for hosting big

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conventions but in 2024, is

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also going to be a popular

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place for concerts. News this

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week that Grammy award winner

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Pink will return to indie next

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year for Lucas Oil Stadium

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opened by rock 'n' roll Hall

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of Famer Sheryl Crow, the

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latest addition to the Lucas

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oil concert card that includes

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three shows like Taylor Swift.

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>> We are having seven

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concerts in 2024 Lucas Oil

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Stadium over the 15 year life

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of the stadium we've had 10 so

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far. So looking forward to

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putting the extra effort in

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bringing the shows to

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Indianapolis. In 2024 we are

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one of three American cities

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with Taylor Swift, having Pink

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come to Indianapolis a year

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after she went again bridge at

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a sold out crowd is an attest

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to how citizens in

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Indianapolis appreciate her

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music.