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Noblesville is smart to focus on this kind of development. And they have the built-in advantage of all that empty land to work with. However, I wonder how successful they’ll be in attracting companies that are concerned about a lack of qualified workers in the local population and the hesitance of young professionals to move to a state that flounders in a number of important quality-of-life metrics. It’s fine to aspire to keep up with the rest of the country, but it will take more than a few politicians handing out tax incentives to succeed. The sooner Indiana’s political leaders realize that, the better.
Agree with Glen’s comments. As always with these efforts, I also wonder how many of the companies attracted will be new to the metro area vs. expanding in the metro area (e.g. 2nd or 3rd location) vs. being attracted away from existing metro area locations. Sometimes it might be a matter of a company outgrowing its current space and then being a question of whether or not they will relocate out of Central Indiana, but it doesn’t seem good for all of us, on the whole as a metro area, when state and local incentives are used to get companies to relocate from one municipality to another.