Rolls-Royce $600M investment took two years to hammer out
Company executives first broached the subject with state officials during a trade mission to the United Kingdom to take in the Farnborough International Airshow.
Company executives first broached the subject with state officials during a trade mission to the United Kingdom to take in the Farnborough International Airshow.
Rolls-Royce Corp. is planning a wide-scale modernization of its Tibbs Avenue jet-engine plant in Indianapolis that would be part of an overall goal to invest nearly $600 million in its local operations over five years.
New York City-based Vroom plans to lease the vacant 500,000-square-foot former Subaru of America building off Indianapolis Road to the west of Interstate 65. The company hopes to hire 220 employees by 2024.
Nearly six months ago, Mayor Scott Fadness announced plans for the $76.4 million Fishers Sports Pavilion. But the project has yet to receive final approval as Fadness remains adamant that financing be secure before the council takes action.
Hamilton County Area Neighborhood Development is planning to renovate the historic Adams Township School in Sheridan into an affordable housing community.
Indianapolis Business Journal gathered leaders in the state’s commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 10.
Oak Ridge Road requested the tax break for its proposed 125,000-square-foot facility located on eight acres at 17001 Oak Ridge Road to the north of the 169th Street intersection.
Nate Lichti, executive director of Hamilton County Area Neighborhood Development Inc., told the Hamilton County Board of Commissioners on Monday the mixed-use project would be largely reliant on low-income housing tax credits from the state.
Joe Hogsett and Chuck Brewer pledged Thursday that, if elected mayor, they’d take a hard line on absentee landlords and less-than-thoughtful developers, but offered different approaches for how they’d work to improve historic neighborhoods.
The 70-million-electron-volt cyclotron is being installed at Zevacor Molecular’s headquarters and production facility on Bergen Boulevard near Hamilton Town Center.
Sure-Tech Laboratories wants to relocate its Indianapolis operations from leased space at 2435 Kentucky Ave., south of Raymond Street, to a 5,832-acre site west of South Girls School Road and north of West Washington Street.
The Indianapolis-based retailer of athletic apparel plans to spend $1.3 million to add new equipment and create 100 jobs at its far-east side headquarters and distribution facility, the company disclosed.
Enterprise Marking Products Inc. plans to move 32 employees into a 31,000-square-foot vacant office building in Fishers and add another 20 workers by 2020.
City officials are considering incentives for the two-story project, which would feature a restaurant and brewery on the first floor and office space for lease on the second level.
The $3.85 million project would allow the regional carrier to train as many as 5,000 employees per year.
Deylen Realty is requesting the abatement to offset the cost of building Forte, a 64-unit apartment-and-retail project on part of a surface lot that had been owned by the city.
Hurco Cos. Inc. plans to move some of its manufacturing operations from Italy to Indianapolis, creating 35 local jobs by the end of 2017, the company disclosed in a tax-abatement request with the city.
For businesses looking for small offices, Fishers is practically booked up. The demand for office spaces of 5,000 square feet to 10,000 square feet has ramped up recently in the fast-growing suburb, but supply hasn’t kept pace.
Only about 2 percent of the avalanche of residential units built in Hamilton County the last five years is dedicated to affordable housing.
Cook Pharmica LLC plans to spend $28 million and hire 70 workers to add a new drug-filling line at its Bloomington facility, company and state officials announced Monday morning. Cook Pharmica, a subsidiary of medical-device maker Cook Group, currently employs 575 workers manufacturing and packaging drugs for use in clinical trials or for sale on […]