The majority of these job opportunities are stemming from warehouse growth, according to our Research Services team. For example, Amazon is hiring 1,800 employees for fulfillment centers in Indianapolis and surrounding areas. Also, grocer Kroger will build 11 new stores and renovate 22 others in Central Indiana, adding over 3,400 employees by 2017.
To real estate investors, this means it’s an ideal time to invest in Indianapolis as there is an increase in renter demand coupled with a decrease in supply of rentals because new permitting activity is below peaks seen prior to 2008.
Learn more about investing in this primed market by downloading our Indianapolis market report.