Site work and new construction of a mixed-use development in Indianapolis, Indiana. Completed plans call civil work for a playground / park / athletic field and road / highway.

https://hoodline.com/2026/06/indy-cultural-trail-s-3-billion-boom-puts-property-owners-on-the-hot-seat/ Indy Cultural Trail’s $3 Billion Boom Puts Property Owners On The Hot Seat A new analysis pegs the Indianapolis Cultural Trail’s impact at roughly $3 billion in added assessed property value along its corridors since the 2007 groundbreaking, and trail leaders are seizing on the figure as fresh ammunition in their push for continued investment as the network nears its 20-year mark. The nonprofit that oversees the trail is shifting its focus from building out new miles to keeping the existing system in top shape and packed with programming. For property owners and city officials, the headline number distills years of arguments over development, long-term maintenance money and who ultimately gets stuck with the bill. According to the Indianapolis Business Journal, the analysis by real estate and planning advisers JLP+D credits about $3 billion in added assessed value to development along the trail since 2007. Axios Indianapolis has also reported on the findings, helping frame the numbers as a key data point in the debate over the trail’s next 20 years. -------------------------------------------------------------------------------------------------------------------- Project involves the expansion of the Indianapolis Cultural Trail along the White River. The scope includes all infrastructure to be constructed as part of the project on Kentucky Avenue and South Street. The design plans are approximately sixty percent complete. Question Deadline 05/21/2026 at 12:00 PM ET via e-mail to: Jamie.Davids-Mayhew@Indy.Gov