INDIANAPOLIS, Ind. (May 15, 2014) — A new grocery store opened its doors in downtown Indianapolis Thursday, symbolizing the residential boom experienced in recent years in the heart of the Circle City.
Marsh Supermarkets officially welcomed its first customers at 6 a.m. at its new location at 227 W. Michigan St. A ribbon-cutting ceremony featuring company leaders and Indianapolis Mayor Greg Ballard took place at 9 a.m.
“Our downtown residential base is booming. Demand is at an all-time high,” said Amanda Dorman, communications manager for Indianapolis Downtown Inc. “There are 20,000 people living downtown right now and you’ll just see that number continue to grow.”
According to IDI, more than 1,500 new residential rental units were built in 2011 and 2012.
From now until 2017, Dorman said more than $3 billion is set for investment in downtown developments that would create more than 3,500 additional new rental units.
With walkability a big attraction for downtown living, there were previously very few options for people to purchase groceries without getting in their cars.
“Such huge numbers [and] such huge growth that I think there really is a demand for a new grocery store. Not only for people living here, but for all the workers downtown too,” Dorman said. “I think we now have everything that we need downtown.”