Joshua Matthews

I practiced real estate in NYC for the first five years of my career, when I moved back to my hometown, Indianapolis SHOCKED me. The nooks and crannies of Indy have been resurrected in this City. As I have observed and experienced, it's the underlying politics and economics of this city that make the current positioning and future trajectory of Indianapolis so strong. Indianapolis is showing 40% better GDP over the last decade; remarkably low unemployment; surge in tech; and our median household income (+21%) is improving at nearly double national average rate (+12%). There has been $15B come into this city over the last five years. Rehabs, new construction, and improvements have been made across sectors: 1) Mayor Joe Hogsett announced in January $80M to Indianapolis parks. And $190M in facility upgrades 2) The Bottleworks: converted Coca-Cola bottling plant to a beautiful Art Deco hotel, movie theatre, food hall, fine dining (currently in Phase II of six phases) 3) Expansion and renovation of Indianapolis Convention Center - 900k sq ft, connected to Lucas Oil Stadium and 12 hotels. Hosts more than 200 events per year, consistently ranking among the best convention centers in the country. Half a billion dollars going into the Pan Am Plaza, an otherwise under-utilized space, connected to the Convention Center. 4) The very near Westside is seeing rapid growth. The Artisan Marketplace (The AMP) is a food hall, mirroring the development in the Mass Ave district (above). The Stutz Building - formerly a car factory - was sold last year to a developer, who envisions (and has already hosted) art exhibits. They begin leasing the 400k sq ft building this year 5) IU Health (near Northwest-side) announced in January a $4.3B expansion, making it the largest of its kind in the United States 6) Elanco - a subset of pharmaceutical giant, Eli Lilly - broke ground last summer on their project, which will employ 100k people, valued at $160M. This is a welcome redevelopment along the White River in place of the GM plant, which shut down 12 years ago. 6b) Purdue University is expected to open a school nearby. 7) Indianapolis Motor Speedway was bought by the Penske family. There has been hundreds of millions of dollars poured into the Speedway area, which is now a haven for coffee shops, breweries, and local restaurants. 8) Finally, the City has invested $350M in its interstate. Demolishing over 50 bridges, and constructing flyover bridges. Some sections of these highways have been opened, and the transition from highway to Exits have been much cleaner and way easier to navigate. The I-65 corridor will continue to be a haven for improvement and development to the great city of Indianapolis Indianapolis is no longer the sleepy "Nap Town" of the 90's. Once dubbed "the crossroads of America," Indianapolis is poised once again to be a powerhouse city in this great country. Indianapolis is at the front end of a very steep trajectory much like Nashville, Raleigh, and Austin have seen the last 30 years. Call me if you want to move forward in my town.