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Gas City was first known as Harrisburg when settled on May 25, 1867, by Noah Harris. It became a boom town when natural gas was found in the area in 1887 as part of the Indiana gas boom . The Gas City Land Company was founded on March 21, 1892, and the town of about 150 people changed its name to Gas City a few days later. [ 5 ]
It is the state's largest independent real estate firm [2] with 45 sales offices in Indiana and Kentucky (as of 2010). [ 3 ] [ 4 ] The F.C. Tucker Company led numerous developments in downtown Indianapolis in the 1960s and 70's including Market Square Arena , the Hilton Indianapolis , and Merchants Plaza. [ 5 ]
Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. [1] [2] As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. [1] In October 2022, it was acquired by Prologis.
In 1890, Gas City had a population of 145, but two years later the Gas City Land Company platted 1,200 acres (490 ha) in anticipation of a population increase to 25,000. Although Gas City did not reach 25,000 in population, its population still increased over 2,000 percent. By 1893, Gas City businesses employed more than 4,000 workers. [4]
East Central Indiana is a region in Indiana east of Indianapolis, Indiana, and borders the Ohio state line. The Indiana Gas Boom , which took place during the 1890s, changed much of the area from small agricultural communities to larger cities with economies that included manufacturing.
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