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That trail you walk downtown? It's generated $3 billion for Indianapolis, study finds

Since its creation, the Indianapolis Cultural Trail in the heart of Circle City has drawn millions of residents and visitors to its distinctive paved path. But according to a new report, the trail isn’t just beneficial for those looking to get out on an urban stroll or bike ride — it’s a driver for the city’s economy and quality of life.

The report, “Indianapolis Cultural Trail: A Legacy of Gene and Marilyn Glick at 20: Connecting People, Places, and Possibility,” was based on analysis by James Lima Planning + Development, a group of real estate, planning and economic development advisors. Here’s what to know about the report.

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How has the Cultural Trail affected the city’s growth, development?

According to the report from 2026, the 10-mile trail has generated $3 billion in assessed property value around its path — money that supports the city and its governmental services.

The population along the trail has grown five times the city average and retail space near the trail has increased 39%, the report shows. Nearby food and beverage sales are almost twice the average per square foot in Indianapolis.

Additionally, the report shows, undeveloped land along the trail has the potential to add $1.4 billion of value in the near future. Since an initial study in 2015, the trail’s economic impact has grown from $1 billion to $3 billion.

“For nearly 20 years, the Indianapolis Cultural Trail has helped transform Downtown Indianapolis into a more vibrant, connected and economically competitive city,” Mayor Joe Hogsett said in a June 3 news release. “It is more than a trail. It is a nationally recognized public asset that drives investment, supports local businesses, connects neighborhoods and improves quality of life for the people who live, work, play and stay in our city.”

According to the report, over 1 million people use the trail each year, and almost half of downtown Indianapolis residents live within a three-minute walk of the path.

What other features does the Cultural Trail offer?

Users of the Indianapolis Cultural Trail aren’t limited to walking — the Pacers Bikeshare program, operated by the trail, has 57 bike stations throughout the city that are accessible 24/7.

The trail also features nearly six acres of plants and greenspace, offering locals and visitors an urban getaway. City planners from across the world have visited the trail to study its design, according to the report.

What is the future of the Indianapolis Cultural Trail?

Focus on the Indianapolis Cultural Trail has shifted from construction and maintenance to long-term operations and expanded resources for the public.

Kären Haley, executive director of the Indianapolis Cultural Trail, Inc. — the trail’s nonprofit — said it has grown into the “crown jewel” of the city with the growth and development it has created over two decades.

“The Cultural Trail is driving billions in investment and making surrounding neighborhoods thriving destinations,” she said in a June 3 news release. “As we enter the next phase for the Trail, we look forward to building upon our initial 20 years of impact.”

Mia Thurow is the breaking news and criminal justice reporting intern for the Indianapolis Star. She can be reached at mthurow@gannett.com.

This article originally appeared on Indianapolis Star: That trail you walk downtown? It’s generated $3 billion for Indianapolis, study finds

Reporting by Mia Thurow, Indianapolis Star / Indianapolis Star

USA TODAY Network via Reuters Connect

By Mia Thurow, Indianapolis Star | USA TODAY Network

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