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Commission OKs Ameriplex, Rexnord tax abatements

September 16, 2009

The Metropolitan Development Commission this afternoon approved two requests for property tax abatement, including one for
a mammoth development known as World Connect at AmeriPlex.

Tax abatement could help manufacturer add 43 jobs

August 31, 2009

The Indianapolis plant of Rexnord Industries LLC is promising to create 43 jobs and retain hundreds more if the city grants
a five-year tax abatement.

Abatement approval paves way for Covance jobs

August 13, 2009

The Hancock County Council this morning unanimously approved a tax-incentive agreement that should lead Covance Inc. to add
315 jobs at its Greenfield Laboratories.

City tax abatement activity strong last year-WEB ONLY

January 9, 2009

Property tax abatements granted by the city of Indianapolis last year should help create more jobs than in each of the previous three years. Numbers released by the city for 2008 show companies receiving abatements committed to 2,423 new jobs. Among the projects: – AIT Laboratories plans to create more than 130 jobs in the […]

Update: City OK with abatement

October 31, 2008

The city has decided to support a request by Buckingham Cos. to abate part of the additional tax liability stemming from its $2.5-million renovation of…

Steak n Shake yanks abatement request

August 6, 2008

The Steak n Shake Co. yesterday abruptly withdrew a request for a tax abatement worth more than $100,000 just before a final hearing. The unusual move suggests new management of the struggling chain already may have found an opportunity to cut costs – and the moves could affect the local headquarters. The package of incentives, […]

Fun with tax abatements

June 3, 2008

A couple of development projects that would include tax abatements are up for hearings Wednesday at the Metropolitan Development Commission:

Community Hospital of Indiana Inc. plans to spend $3.7 million updating and expanding…

Subaru receives final approval for tax abatement

December 4, 2007

Subaru of Indiana Automotive Inc. has received approval from the Lafayette City Council for two tax abatements on more than $100 million in new equipment and real estate investments at its Lafayette plant, according to the Journal & Courier. The 10-year abatements will save the automaker nearly $1.2 million in the first year of the […]

Abatement could anchor software headquarters

October 5, 2007

In exchange for promises to keep its headquarters here, Marion County is considering providing an eight-year property tax abatement worth $17,659 for local parking ticket software-maker T2 Systems Inc. According to a Department of Metropolitan Development filing, T2 Systems is promising to add 115 jobs to its current work force of 43 as well invest […]

Marsh drops abatement request

July 24, 2007

Marsh Supermarkets has withdrawn a request for a five-year tax abatement for renovation of the downtown O’Malia’s store. Marsh officials notified the city Tuesday, shortly after Property Lines reported on the…

Tax abatement on Aisle 5

July 24, 2007

Marsh Supermarkets is hoping for final approval next month of a five-year tax abatement worth about $50,000 for a renovation of its downtown O’Malia’s store. The company plans to invest $1.5 million…

No abatement for Lowe’s in Martinsville

January 4, 2007

Martinsville’s Common Council has unanimously denied a request from Lowe’s Companies Inc. to abate $423,000 of $722,000 in potential taxes on real estate improvements. Council members said subsidizing the home-improvement chain would be unfair to existing businesses. The Mooresville, N.C., company wants to locate a store near an existing Wal-Mart on Grand Boulevard, according to […]

Bill would give local governments slice of data centers’ tax break

February 13, 2026 | Marek Mazurek

House Bill 1333 would require data center developers that receive sales tax exemptions to give 1% of the abatement to local governments.

Meta begins construction on $10B data center campus at LEAP District in Lebanon

February 11, 2026 | Daniel Bradley

Once fully operational, the Lebanon campus will employ about 300 people, according to Meta, which said it expects the first buildings will be online by the end of 2027.

Justus Cos. opens $7.3M headquarters in Noblesville

January 29, 2026 | IBJ Staff

The Justus Cos., a 116-year-old real estate development and management firm, began moving into the 20,000-square-foot building this month.

Labcorp planning to relocate lab hub to 50-acre campus in Brownsburg

January 20, 2026 | Daniel Bradley

The $435 million campus will include more than 500,000 square feet of advanced laboratory and production space.

Carmel developer seeking $7.5M tax break for $62M Nora apartment, retail project

January 20, 2026 | Mickey Shuey

The mixed-use project with at least 250 apartment units would replace a collection of single-story buildings known as Winterton Office Park constructed in 1963.

Pharmaceutical company planning to employ 300 workers in Greenfield

January 8, 2026 | Daniel Bradley

The plant will focus on serving health care companies by developing and commercializing medical devices, drug delivery systems and combination products.