An IndyStar analysis of a variety of tax revenues found that the city took a few years to bounce back from the Great Recession. One public policy expert has concluded that Marion County has yet to recover from that crisis, based solely on gross domestic product. Related : Is expanding the convention center during a pandemic a wise move? Councilors also approved an agreement to allow the Marion County Capital Improvement Board, which owns and operates the convention center, to govern the finance, leasing and construction of the project.
The project now heads to the Metropolitan Development Commission for the final approval on Oct. Follow her on Twitter AmeliaPakHarvey. And Lucas Oil Stadium saves energy with CPI Daylighting system and fans designed to move the maximum amount of air with minimal energy consumption. We provide water stations in place of bottles for attendees. Sink faucets and low-flow toilets also reduce water waste. For clean-up, all parking lots are swept—not sprayed.
Ground Transportation. Having your meeting in Indianapolis means less shuttling, less commuting, less time stuck in traffic idling car and bus engines. The housing crisis of is not the global pandemic of Will vaccines prove ineffective and the pandemic linger?
Will people eschew crowded places? Will businesses in their newfound embrace of teleconferencing shy away from conventions even when things return to some state of normal?
The construction of the J. Marriott and its 1, hotel rooms also raised eyebrows at the time. One indicator of how the county recovered from its economic slump is to look at various revenues from a host of taxes related to activity from tourists and residents alike. Food and beverage tax revenues dipped in and didn't rebound until , according to figures from the Capital Improvement Board, which owns and operates downtown's large athletic event venues.
Taxes on admission tickets such as to a sporting event or concert didn't recover until That was despite a slight increase in the hotel tax rate during the time period. The comparison does not account for inflation. One policy expert even suggests that Marion County is still grappling with the effects of the Great Recession. Bureau of Economic Analysis data. How long this recession will last is one issue, Guevara said. How our economy will change from a more severe and devastating recession is another.
Game-Changing Connectivity. A national design firm has been charged with activating more than 58 miles of the White River that flows through the heart of the city, connecting more than 60 points of interest and creating recreation opportunities for visitors and residents alike.
Monument Circle , the iconic heart of the city, now is equipped with state-of-the-art light and audio technology and features a must-see, nightly patriotic salute entitled Shining A Light. For event strategists, the technology can be adapted to provide a unique experience for attendees.
Imagine animation, video, and music working together to envelop attendees in a dazzling conference experience. The new, free WiFi service provides guests attending events the ability to check email or surf the web in the public areas of ICC, outside of the exhibit floor, meeting rooms, and ballrooms, where attendees tend to congregate and get online most.
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