With the last of the massive steel, concrete and concrete slabs to be laid, the final of the first three stages of the $6.4bn project to bring new office and residential buildings to the city has ended, a week before it was due to start.
IndyStar understands that a final decision on whether to proceed with the first phase of the project, known as Indianapolis Place, has been taken.
It is the final step to the first of many phases of the £1.9bn project, which will see hundreds of thousands of jobs created in the area.
The construction of the new structures is expected to create as many as 8,000 permanent jobs and another 1,000 temporary jobs, depending on where the new buildings are placed in the city.
The first phase was originally due to be finished by the end of the year but is now set to begin on April 6.
The final work will begin in 2021.
A statement from the state department said: “After much thought, we have decided to postpone completion of Indianapres Place until 2021.
The final stages of this $6 billion project will bring jobs and economic opportunities to the City of Indianapolis, as well as the surrounding communities.”
Indy will also have a new police station and a public library to replace the aging Civic Center building.
The final stage of the final phase will include a new park system, new schools, a new water tower, a pedestrian plaza, a traffic light and a new streetcar system.
Indianapolis is in the process of revamping its streets and infrastructure to better cope with the influx of more than 100,000 people from outside the city every year.
Indy also has to spend millions of dollars to upgrade its water system and roads.
Indianotis second phase, known by the abbreviation INDY, is expected by the middle of 2021.
Indicapolis is home to one of the busiest and most important airports in the US, home to the world’s largest commercial air route and an area with a population of some 4 million.