The purpose of these designations was to capitalize on cultural institutions within historically significant neighborhoods unique to the city's heritage for economic development and revitalization.

The initiative sought to bring public attention to Indianapolis waterways and the $2 billion DigIndy project to address the city's combined sewer overflows.

[18][19][20][21][22] [12] Indianapolis Cultural Trail, Inc. operates, maintains, and promotes the city's public bicycle-sharing system, Indiana Pacers Bikeshare, consisting of 50 stations and 525 bicycles.

[23] The Cultural Trail, in partnership with BCycle and the Herbert Simon Family Foundation, launched Pacers Bikeshare on April 22, 2014, with an initial 29 stations and 251 bicycles.

[7] An Indiana University Public Policy Institute report released in March 2015 found that assessed value of properties within 500 feet (150 m) of the trail increased by $1 billion from 2008 to 2014.