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UPDATE: Transportation contractor plans $11M headquarters on southeast-side

October 16, 2019 | Mickey Shuey

Milestone Contractors LP received approval for incentives from the city of Indianapolis tied to an effort to build a 25,000-square-foot office building and 52,000-square-foot garage in Beech Grove.

High-tech mobility company plans lab, 50 high-paying jobs in Westfield

October 15, 2019 | IBJ Staff

Aptive Plc, a mobility tech company formerly known as Delphi Automotive, plans to open a $9 million engineering lab in Westfield, the city announced Monday night.

Tax abatement rejection threatens Indiana solar farm project

October 12, 2019 | Associated Press

Officials in Madison County have rejected a tax abatement for a proposed solar farm, putting the $110 million project in jeopardy.

Dr. Richard Feldman: Congress should pass Tobacco 21 legislation now

October 11, 2019 | Dr. Richard Feldman

This legislation is an important part of the comprehensive effort to prevent youth initiation of a lifelong deadly addiction.

GFS plans $160M local distribution facility, hundreds of jobs

October 9, 2019 | Samm Quinn

Gordon Food Service plans to hire and train more than 200 workers for the distribution center at hourly wages of $20 to $25 an hour before the facility opens in late 2021. Longer term, employment at the facility is expected to be much greater.

Local production bakery plans $25M expansion, 50 new hires

October 3, 2019 | Mickey Shuey

CraftMark Bakery, the baked goods supplier for more than 70,000 restaurants in North America, is planning another expansion that would bring employment up to 446 by the end of 2022.

Local real estate developers join Big Red Liquors ownership

September 25, 2019 | Mickey Shuey

TWG Development’s Tony Knoble and Justin Collins are joining Big Red executive Don Rix as new co-owners of the state’s largest package liquor store chain, alongside founder Mark McAlister.

Knowledge Services gets extension on Fishers HQ

September 25, 2019 | Samm Quinn

The Indianapolis-based firm was to have started building its $6.7 million, 80,000-square-foot-headquarters by the end of last year.

After delay, developer moving ahead with $46M canal apartment project

September 24, 2019 | Mickey Shuey

Louisville-based Investment Property Advisors is planning 279 additional units and more than 28,000 square feet of retail space just south of its 9 on Canal project, to be dubbed 350 West.

Editorial: $66M project deserves incentives, but many developments don’t

September 13, 2019

We wish other incentive deals had fostered such vigorous debate, such as the council’s decision last year to provide $2.9 million in TIF financing for Duke Realty Corp.’s new $28 million headquarters in Keystone at the Crossing—an area of the city that’s already a magnet for development.

Phil Powell: A sound vision for inclusive economic growth in Indy

September 6, 2019

The attraction, retention and development of talent determines our region’s prosperity. Enhancing the viability of Indianapolis as a place to live and work is a dominant priority for business and government leaders. It is our best way to compete as a region.

BOHANON & CUROTT: Manufacturing won’t revive Muncie—or any town

September 6, 2019 | Cecil Bohanon / Special to IBJ and Nick Curott / Special to IBJ

The future of older manufacturing towns is not in manufacturing. Economic development must be about more than attracting new smokestacks to old brownfields

Global gas manufacturer seeks $2M tax break on $38.3M project

August 19, 2019 | IBJ Staff

An affiliate of Germany-based Messer Group wants to build a new facility on the south side of Indianapolis for making atmospheric gases for health care providers, food processors, and glass and metal fabricators.

EDITORIAL: New economic incentives strategy is product of collaborative effort

August 2, 2019

We’re behind the effort, but can’t overemphasize the need for follow-up.

Scannell planning to build $14.5M distribution facility for PepsiCo

August 2, 2019 | Mickey Shuey

The 200,000-square-foot southeast-side project would be constructed for PepsiCo subsidiary P-America LLC, which has multiple facilities around Indianapolis.

City to tie incentives to $18-an-hour pay

July 25, 2019 | Hayleigh Colombo

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.

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