Linking Regional Economic Clusters with Targeted Urban Places in Indianapolis

This set of documents reflects recommendations for leveraging urban industrial corridors in Indianapolis, Indiana in ways that support high-growth-potential regional clusters. The project was undertaken by RW Ventures in partnership with Mass Economics, Bookman Associates, Capraro Consulting and Jones Lang LaSalle on behalf of Indianapolis LISC. The presentation describes the urban opportunities among targeted economic clusters, ultimately recommending a focus on (a) Food Manufacturing and Distribution and (b) Local Business-to-Business (B2B) Services. The report then provides a more in-depth description of those clusters and articulates a location profile for each that captures the location preferences, site characteristics and building requirements of firms in those clusters. Finally, the report offers recommendations for promoting growth of the Food Manufacturing and Distribution and Local B2B clusters in existing industrial areas in Indianapolis and proposed methodologies for the next round of cluster development and industrial land analysis.

August 12, 2014