Downtown Retail Space for Rent
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Renting Retail Space in Downtown
Downtown is currently a construction epicenter, anchored by the $710 million expansion of the Indiana Convention Center and the 40-story Signia by Hilton, both slated for Q4 2026 completion (Source: IBJ / Daily Journal Dec 2025). The most significant market shift is the rebranding of Circle Centre Mall as "Traction Yards," a $600 million open-air, mixed-use promenade designed to replace traditional indoor retail with street-level vibrancy (Source: Hendricks Commercial Properties). 2026 is the year of "Vertical Delivery." By late 2026, the skyline will be permanently altered by the Signia tower, while the Gold Building conversion will begin delivering 350+ new luxury apartments. Downtown is successfully pivoting from a 9-to-5 business district into a 24/7 residential hub, with residential occupancy remaining near historic highs despite the surge in new supply.
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TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
Suite Rates in Downtown
Suite Sizes in Downtown
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
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*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.