Downtown Indy Alliance cites Ritz‑Carlton, Live Nation and Fever sports center as signs of downtown growth
At its State of Downtown presentation on 2026-10-01 at the Scottish Rite Cathedral, the Downtown Indy Alliance highlighted upcoming projects — including a Ritz‑Carlton hotel, an adjacent Live Nation music venue and the Indiana Fever Sports Performance Center — and released economic and safety figures for downtown.

The Downtown Indy Alliance used its annual State of Downtown presentation on 2026-10-01 at the historic Scottish Rite Cathedral to point to new luxury developments and a planned Fever training facility as indicators of rising investment. The alliance specifically named the Ritz‑Carlton hotel, an adjacent Live Nation music venue and the Indiana Fever Sports Performance Center among projects reshaping the skyline.
The organization reported a downtown workforce of 148,000 with an average hourly wage of $31.34 and said economic activity generated $40 million in income tax and $140 million in property tax. A survey cited that 65% of residents and workers feel safe downtown (an 8 percentage‑point increase from 2025), and the alliance noted violent crime fell about 30% in 2026 versus the prior year. The group also said it plans to update its website soon to add more resources and an events schedule.
BusinessIndy examines this development and its implications for Indiana businesses and communities using the linked sources.
Related coverage
- Indiana Fever win Game 2 99-89 as Red Out fan party draws crowd at Gainbridge Fieldhouse
- Colts partner with Germany's Lobster & Lemonade for limited 'Blue' apparel collection
- Week six recap: coaching changes, deaths and milestone performances in Indiana high school football