Why Indianapolis virtual offices are an ideal location for your business

Posted on: 1st February 2024

Reading time:  15 mins

Why Indianapolis virtual offices are an ideal location for your businessWhy Indianapolis virtual offices are an ideal location for your business

Indianapolis, with its thriving trade industry and strategic Midwest location, offers unique advantages for virtual offices.

As Indiana’s state capital and economic hub, the city promises accessibility and diverse business opportunities, making it an optimal choice for remote business operations.

Indianapolis's stature as a major U.S. life science cluster, anchored by global entities like Eli Lilly and Company, presents virtual offices with the opportunity to align with leading industries and leverage the city's strong industry networks for business growth.

However, the city’s strengths extend beyond its notable life science sector, offering a wide economic landscape comprised of thriving tech, manufacturing, and creative industries.

This makes it ideal for businesses seeking a virtual presence in a city with broad industry connections and a forward-thinking business culture.

Opening a virtual office in Indiana offers a host of benefits, particularly in its capital. By choosing Indianapolis, you'll secure an address in a prestigious area known for its business-friendly climate.

In this article, we will explore these and Indianapolis’ other distinct advantages, including its affordability, business support, and more that make it a compelling choice for a virtual office.

Why an Indianapolis virtual office offers an ideal location for businesses

Indiana's range of incentives makes it an appealing state for business operations, particularly for virtual offices. Rooted in a strong logistics background, its economy is well-adapted to current economic trends.

Forbes’ recognition of Indiana as the best state to start a business in 2023 reflects this robust commercial landscape.

A virtual office in Indianapolis positions your business amidst a thriving community of Fortune 500 companies and leading academic institutions. This will allow you to capitalize on the city's dynamic economic environment without the expense of a physical office.

Here are several reasons why Indianapolis is a compelling choice for your business.

1. Strong economic climate

Indiana's vibrant business climate is characterized by opportunities for growth in both domestic and international markets, notably in the burgeoning automotive sector. Large-scale projects are due to begin in the next few years in electric vehicle and drivetrain innovation.

Indianapolis is also a popular choice for business addresses thanks to international trade connections.

By establishing a virtual presence in Indianapolis, businesses can access key markets like Canada, Mexico, Japan, and Germany, with nearly 34% of the state's exports headed to Canada.

2. Lower business costs

Operating a business is affordable in Indiana. Besides the low cost of living in the state, it also offers many local government incentives, such as:

Indiana Enterprise Zones: Offer tax incentives to businesses for investment and job creation in specific areas, promoting commercial growth and community development.
● Hoosier Business Investment Tax Credits: Provides non-refundable corporate income tax credits based on a percentage of eligible capital investment, encouraging job creation and capital investment in the state.
R&D Sales Tax Exemption: Allows a 100% sales tax exemption on qualified research and development equipment and property, supporting innovation-focused businesses.
Headquarters Relocation Tax Credits: Offers a tax credit to corporations relocating their headquarters to Indiana, incentivizing the establishment of primary business operations in the state.

If you choose a virtual address for your startup, you’ll also be eligible to receive support from the Indy Chamber.

This can offer your business further support in public and business community exposure, advertising opportunities, and promotional support for events like ribbon cutting.

3. Diverse range of industries

Indiana is home to a wide variety of industries. Beyond its established roots in logistics, the state has expanded into pharmaceuticals and technical services. It also remains a stronghold in iron and steel production.

Alongside its manufacturing sector generating $34 billion for the local economy in 2023, the state's economic diversity fosters cross-industry collaboration and networking opportunities for businesses operating virtually from Indianapolis.

4. New business initiatives

Indianapolis is attractive for new enterprises, especially those in the emerging tech sphere. In particular, it offers many initiatives to help new businesses enjoy growth sooner. Some of the programs available include:

Techstars Accelerators: Providing mentorship, capital, and networking opportunities through programs like the Techstars SportsTech Accelerator and Heritage Group Accelerator.
State Small Business Credit Initiative (SSBCI): Offering up to $99 million in federal funding to expand venture capital investments and create small business loan fund programs, focusing on underserved entrepreneurs.
ConnectIND Portal: A comprehensive digital platform developed by IEDC and EcoMap, connecting entrepreneurs to resources, mentors, accelerators, and capital opportunities.
Indianapolis Urban League Entrepreneurship Center: Assisting in the development and growth of minority small businesses through workshops, training, coaching, and support for start-up and expansion costs.

These programs make Indianapolis a great choice for startups and companies with virtual offices. They offer money support, guidance, and a helpful community for growing your business and coming up with new ideas.

5. Business hub for economic growth

Throughout the last century, Indiana redeveloped itself to meet the needs of a changing global market. This attitude continues today, with the state becoming a hub for economic growth.

With the Amazon Warehouse just south of Indianapolis Airport and the new Walmart Fulfillment Center, Indiana is undergoing strong local investment.

If your business works within logistics or FMCG, there’s plenty of opportunity to expand in this developing area.

6. Beneficial location within the US

Indianapolis offers a high quality of life and a fantastic location.

This Midwest state is nicknamed the Crossroads of America due to its great network of interstate highways, which makes it so 80% of the US population lives within a one-day drive of Indianapolis.

If you operate globally, the Indianapolis International Airport is one of the nation’s busiest cargo airports. The airport connects to 51 domestic and international destinations.

For virtual offices, this central location and connectivity offer unparalleled ease in logistics and access to a vast market.

Whether it's shipping products, traveling for business, or networking, Indianapolis's strategic position enhances the operational efficiency and outreach potential of any virtual business.

Top Indianapolis virtual business addresses

A virtual business address in Indianapolis gives you a low-cost presence in a thriving business environment.

Discover our top 10 centers in the city and wider metro area.

East Market Street

Gain an address in central Indianapolis with our East Market Street center. Located in the new Market East district, this building shares a neighborhood with high-profile government entities. 

The Julia M. Carson Transit Center is a few blocks away. If you’re visiting the area, you’ll find downtown Indy’s amenities on your doorstep. 

East Market Street features break-out areas and bookable meeting rooms for virtual office clients.

Highlights include

Dedicated coworking spaces
Bookable meeting rooms
Downtown address

Information about East Market Street

Location: 155 E Market St, Indianapolis, IN 46204
Starting cost: Business address from $95 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: Ohio St & Pennsylvania St Bus Stop (a four-minute walk away) and CTC-J Bus Stop (a five-minute walk away)

Capital Center

Open a virtual office next to the District Court at our Capital Center building. With nearby law firms and government buildings, this is an ideal choice for professional services startups. 

Capital Center features secure underground parking for members. You’ll be able to manage your mail with a virtual office membership at the center. 

Bookable meeting rooms offer magnificent views over the city.

Highlights include

Business lounge
On-site lunch restaurant
City center address

Information about Capital Center

Location: 201 North Illinois Street, Indianapolis, IN 46204
Starting cost: Business address from $95 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: Ohio St & Illinois St Bus Stop (a one-minute walk away) and Washington St & Illinois St Bus Stop (a five-minute walk away)

429 Pennsylvania St

Kickstart your business in Indiana’s economic center with an address at our 429 Pennsylvania St offices. Part of the city’s historic district, this center provides startups with an impressive location at an affordable price. 

Across the street, you’ll find federal government offices. 429 Pennsylvania St is easy to reach via public transportation or the nearby I-65. If you need temporary space to work, the center has comfortable coworking spaces for members. 

Highlights include

Break-out areas
Historic district address
Bookable meeting rooms

Information about 429 Pennsylvania St

Location: 429 Pennsylvania St, Indianapolis, IN 46204
Starting cost: Business address from $95 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: Meridian St & Vermont St Bus Stop (a four-minute walk away) and Illinois St & Michigan St Bus Stop (a five-minute walk away)

Lockerbie Marketplace

Choose virtual office space in a landmark location at Lockerbie Marketplace. This building is home to the Needler’s Fresh Market and sits on the city’s cultural trail. 

Work next to the local software and data companies. The city’s government offices are just a few blocks away. If you visit Lockerbie Marketplace, the center has secure underground parking for members. 

On-site dry cleaning is available if you’ve flown in for a client meeting.

Highlights include

Business lounges
On-site lunch restaurant
Bookable meeting rooms

Information about Lockerbie Marketplace

Location: 333 N. Alabama Street, Indianapolis, IN 46204
Starting cost: Business address from $65 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: Alabama St & New York St Bus Stop (a one-minute walk away) and East St & Vermont St Bus Stop (a five-minute walk away)

West 86th Street

Establish yourself in Indianapolis with a virtual office at West 86th Street. This address in the north of the city lets you network with the nearby Northwest Technology Center. 

Make connections with a business address in this fast-growing neighborhood. West 86th Street offers bookable meeting rooms for when you’re in the area. If you need to work in the center, there are break-out rooms and business lounges for members. 

Highlights include

Coworking spaces
Nearby technology center
On-site parking

Information about West 86th Street

Location: 3901 West 8th Street, Indianapolis, IN 46268
Starting cost: Business address from $75 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: 86th St & Payne Rd Bus Stop (a three-minute walk away) and Michigan Rd & 86th St Bus Stop (a seven-minute walk away)

Keystone at the Crossing

Keystone at the Crossing offers businesses the chance to have an Indiana virtual address in a sought-after district. 

Just 15 minutes north of downtown, this is a dynamic location with tech and medical enterprises in the vicinity. Be in the same business community as names like Raytheon and IMG. 

You’ll also find many financial and legal services businesses on Keystone Crossing. If you’re visiting the center, there’s an on-site lunch restaurant for informal meetings.

Highlights include

Break-out areas
On-site coffee bar
Bookable meeting rooms

Information about Keystone at the Crossing

Location: 8888 Keystone Crossing, Indianapolis, IN 46240
Starting cost: Business address from $75 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: Keystone Crossing & Commerce Crossing Bus Stop (a two-minute walk away)

River Crossing at Keystone

Get a business address near the up-and-coming city of Carmel with our River Crossing at Keystone center. A virtual office at this location gives you access to the business community without paying for physical office space. 

We’ll receive your mail and forward it to this center. If you’re in the area on business, the Marriott Hotel is a few blocks away. River Crossing at Keystone sits next to engineering offices and a Raytheon corporate office. 

Highlights include

Neighboring convention center
Bookable meeting rooms
Affordable location

Information about River Crossing at Keystone

Location: 3815 River Crossing Parkway, Indianapolis, IN 46240
Starting cost: Business address from $59 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: Keystone Crossing & Commerce Crossing Bus Stop (a 13-minute walk away)

Parkwood Crossing Center

Open a virtual office in Indianapolis at Parkwood Crossing Center. This business park address places you next to insurance, legal, and wealth management firms. 

An ideal choice for professional services startups, you’ll build connections with the rest of the Parkwood Crossing community.  

If you’re visiting the center from elsewhere in Indiana, the center is close to the I-465 beltway. When you’re here, business address members can make use of the break-out areas.

Highlights include

Prestigious business park address
On-site lunch restaurant
Bookable meeting rooms

Information about Parkwood Crossing Center

Location: 450 E. 96th Street, Indianapolis, IN 46240
Starting cost: Business address from $115 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby stations: 96th St & Pennsylvania St Bus Stop (a seven-minute walk away)

Lakefront at Keystone

Boost your business with a virtual office at Lakefront at Keystone. As one of Indianapolis's most sought-after corporate addresses, this center gives your business a professional edge.

The center is in the same neighborhood as many of Indiana’s premier architecture firms. If you’re visiting, you can use the building’s impressive views to host client meetings.  

Lakefront at Keystone offers Virtual Office Plus members access to business lounges if you’re in the area.

Highlights include

Business park address
Bookable meeting rooms
Break-out areas

Information about Lakefront at Keystone

Location: 9465 Counselors Row, Indianapolis, IN 46240
Starting cost: Business address from $59 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: Access to I-465 beltway (a three-minute drive away) 

Fishers Business Center

Establish yourself in Indianapolis with a virtual office at Fishers Business Center. This center is easy to travel to from the I-69. You’ll be south of Fishers, an affluent Indianapolis suburb with a growing economy.

Our Fishers Business Center offers business lounges for visiting clients. There are bookable meeting rooms too, for when you’re working in the area. The center is a few blocks away from manufacturers and engineering consultants.

Highlights include

Break-out areas
Road links to downtown Indianapolis
Outside recreational area

Information about Fishers Business Center

Location: 10475 Crosspoint Blvd, Indianapolis, IN 46256
Starting cost: Business address from $85 per month
Opening hours: Virtual office membership access is during reception hours.
Nearby transport links: Access to I-69 interstate (a six-minute drive away) 

Discover the perfect virtual office in Indianapolis with Regus

If you’re looking for virtual office space in Indianapolis, we can help you find the perfect plan for your business. These workspaces give you a street address in a prestigious location, without paying for a permanent space.

Talk to us today about our virtual office solutions. If you decide to scale up in the future, we’re on hand to help you find the best workspaces Indiana offers. 

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