The Indianapolis-Louisville office of CBRE released their outlook and analysis of the Indianapolis market with a forward looking outlook for 2020 and beyond.
Below are some of the highlights. To read the full report, you can find it here.
Top Reasons to Invest in Indianapolis
- Prime, Centralized Location
Indianapolis is within a one-day drive to 50% of the nation’s population.
- Low Cost of Doing Business
Indiana is ranked in the top ten best states for State business Tax Climate
- Strong Corporate Base
More than 10 Fortune 500, Fortune 1000, regional, national and international corporations have headquarters or a large presence in the metro area
- Superior Transportation Infrastructure
Indianapolis ranks #1 in pass-through highways. The “Crossroads of America” is served by 11 highways and 8 interstate spokes–more than any other city in the nation
- Exceptional Higher Educational Institutions provide a highly-skilled workforce
More than 20 colleges and universities within 70 miles of the city.
- Nationally recognized, $79B Life Sciences Sector
The number of jobs in Indiana’s life sciences sector grew by about 1 percent last year, to 56,323, and average wages climbed 3 percent, to $97,607. The sector’s economic impact edged up about 1 percent, to $79 billion
- Rich Culture and Quality of Life
The city draws attention for being vibrant and sophisticated as well as culturally rich and hospitable