EDITORIAL: New economic incentives strategy is product of collaborative effort
We’re behind the effort, but can’t overemphasize the need for follow-up.
We’re behind the effort, but can’t overemphasize the need for follow-up.
The 200,000-square-foot southeast-side project would be constructed for PepsiCo subsidiary P-America LLC, which has multiple facilities around Indianapolis.
Starting Jan. 1, Develop Indy will change the way it awards millions of dollars in tax abatements and training grants annually. Only businesses that pay workers at least $18 an hour, give them access to health care benefits and support other community programs will be eligible.
The Metropolitan and Economic Development Committee of the City-County Council could not reach a consensus Monday on a recommendation for a long-delayed 11-story downtown project at 421 N. Pennsylvania St.
A number of major projects are underway now, but developers say activity might slow when those projects wrap up.
Roundtripper Baseball Academy is expanding its baseball facilities in Westfield and The Peterson Co. plans to build an office and warehouse facility for a Fishers company that plans to relocate.
Indianapolis-based BWI LLC is requesting a city property tax break for the 97-unit development that would save it $1 million over 10 years.
TWG Development could save $1.4 million on the 188-unit Wesmont, named after jazz guitar legend Wes Montgomery. It’s part of the company’s larger redevelopment project south of East 16th Street and east of the Monon Trail.
The sports footwear and apparel company is negotiating a lease to open in a roughly 635,000-square-foot building at 3519 Perry Boulevard.
A local food distribution company that plans to move its operations to Whitestown next year will have to pay off $98,406 in tax breaks, the Metropolitan Development Commission ruled this week.
The Indiana Court of Appeals on Thursday revived the city of Gary’s lawsuit against 10 handgun manufacturers, thwarting the Indiana General Assembly’s attempt to derail the legal action in 2015.
Cummins Inc. said it plans to spend more than $68 million to expand operations in Columbus, Greenwood and Indianapolis as it grows its new Electrified Power business segment. The company will move about 500 jobs to Greenwood.
Plans call for the company to spend $11.8 million on the real estate improvements and another $5.7 million on new IT equipment and freezers.
Genesys, which acquired Interactive Intelligence in 2016 and made extensive job cuts following the purchase, is working on the city to update its tax-incentive agreement after failing to comply with previous requirements.
The Atlanta-based company said the expansion would double its processing capacity and add 56 jobs over the next few years.
The city’s newest park is springing up on the south side of downtown, a district quickly filling up with apartments, offices and retail—and a noticeable shortage of public green space.
The Lebanon City Council Monday night approved a tax break valued at $1.3 million for U.S. Corrugated Inc., which plans to open a 470,000-square-foot manufacturing facility.
A judge has ordered Save the Nickel Plate to pay the city of Fishers’ attorney fees and court costs in a legal case that has turned political.
Greenwood-based Poynter Sheet Metal Inc. and its landlord have applied for partial property tax abatements on the project that would save them a total of $595,000 over 10 years.
Crew Carwash and the city of Fishers announced Friday morning that the company will build a corporate headquarters and a carwash not far from the controversial location where Crew previously had wanted to build a carwash. Crew plans to spend at least $10 million on the project.