Indy's Cultural Trail Brings Economic Development $1Billion in Property Value Increase since 2008

The Indianapolis Cultural Trail has issued an economic impact analysis conducted by the the IU Public Policy Institute.  The report outlines both the economic and cultural impact of the Indianapolis Cultural Trail.  The report found that property assessments within approximately one block of the eight mile Trail have increased 148% since 2008, an increase of $1 billion (that is Billion with a "B") in assessed property value. he report titled “Assessment of the Impact of the Indianapolis Cultural Trail: A Legacy of Gene and Marilyn Glick” also found that the average expected expenditure by Trail users is $53 and that 95% of Trail users surveyed feel safe while on the Trail. Find the full details here