Fast Facts For Business
Fountain Square is the oldest commercial Historic District (designated
in 1982) in the state of Indiana and a thriving, revitalized
neighborhood attracting savvy young professionals, government
employees, families, artists and musicians, with great potential
for additional retail development.
Fountain Square is less than five minutes southeast
of Downtown Indianapolis along Virginia Avenue.
- Three of Indianapolis’ largest and most influential
employers—Wellpoint, Eli Lilly and Company and Indiana
Farm Bureau—have their offices within walking distance
of Fountain Square.
- Superior access to I-65 and I-70.
- Traffic counts at East Street
and Virginia Avenue, the major gateway into the area, average
more than 19,500 a day.
Fountain Square By The Numbers (Five-Mile Radius)
- 15,500 businesses
- 290,000 employees
- Population (2002): 260,000
- Households: 105,000
- Some college education or higher: 42.8%
- Household income over $50K: 27%
A host of edgy, independent retailers,
restaurateurs, art galleries and businesses, including:
- Arthur’s Music
- The Fountain Square Theatre
- Murphy Arts Center
- Radio Radio
- Santorini Greek Kitchen
- Wheeler Arts Community
Fountain Square attracts visitors from across the area
- Lunch and dinner
- Entertainment and nightlife
- Art galleries
- One-of-a-kind events (Masterpiece in a Day, Fab For Less
Design Home Tour and others)
- The Bank One Family Film Festival (Friday nights all summer)
What’s Happening Here:
Fountain Square’s active retail, restaurant and nightlife
scenes are growing and attracting thousands of new visitors each
- The Fountain Square Main Street program offers technical
assistance and incentives to businesses looking to locate in
- Façade Grants are available to help business owners
improve the exterior of their building.
- Fountain Square’s streetscape program, valued at more
than $1 million, is creating a more pedestrian-friendly retail
district with improved traffic patterns.
- The Villagio at Page Pointe—64 luxury condominium
units opening in early 2007 at the gateway into Fountain Square.
A variety of outstanding properties
are available for sale or lease along Virginia Avenue, Fountain
Square’s main retail strip
and its artery to Downtown Indianapolis, Prospect Street and other
prime Fountain Square locations.