tax increment financing
NY Times: "Eli Lilly Trades Parking Lot for a Downtown Feel"

“The result of these and other projects is a city that has gradually developed a regional brand as a livelier place to live and do business, in a state that is doing better economically than most. In June, Indiana generated 10,700 new jobs, more than all but three other states, according to the Bureau of Labor Statistics. Indianapolis’s unemployment rate is 7.5 percent, below the state and national jobless rates.”

Projects like the one planned for Mass Ave and in other parts of our city will keep our national reputation on the uptick. Indy is a great place to live!