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1,254 results for 'abatement'

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Articles

Industrial-solar-farm boom hits Hoosier backlash

December 24, 2020 | Greg Weaver

Thousands of acres of farmland are being developed or eyed for massive solar farms that would install hundreds of thousands of solar panels as far as the eye can see. And not everyone is pleased.

Culver’s franchisee plans up to 10 more restaurants, new Noblesville HQ

January 8, 2021 | Kurt Christian

Jeff Meyer is turning the former Boys & Girls Club at 1700 Conner St. into his company’s headquarters. And he plans to keep things rolling by opening another eight to 10 stores by the end of 2023.

Senate committee approves bill to take away zoning control from Indianapolis

February 5, 2021 | Lindsey Erdody

Senate Bill 392, authored by Republican Sen. Mike Young of Indianapolis, would give each township in Marion County—except for Center Township—its own board of zoning appeals. Speedway, Lawrence, Beech Grove and Southport would also have zoning boards.

Children’s Museum lawsuit over Drake moves ahead amid talks with developer

February 18, 2021 | Mickey Shuey

An effort by the Children’s Museum of Indianapolis’ to overturn the city’s designation of the Drake apartment building as a historic property has been transferred to federal court—even as the organization continues working with city officials on a plan to salvage the building.

Ambrose requests tax break for redevelopment of former Navistar site

March 2, 2021 | Mickey Shuey

The Indianapolis-based developer plans to break ground later this year on the building—its first at the 93-acre site that on the east side Ambrose has branded Indianapolis Central Logistics Park.

Michigan firm eyes tax break for planned 79th Street industrial building

March 16, 2021 | Mickey Shuey

The property tax abatement would save Alidade Capital about $505,174 in taxes over a five-year period, and maybe more depending on the type of tenant it lands.

Engineering company marks first business to open in Sheridan business park

April 1, 2021 | Kurt Christian

The first development in the park ends a years-long dry spell and leads several other projects.

Duke Energy division planning $180M Indiana solar farm

April 11, 2021 | Associated Press

The project, which would be on built on leased land and span 1,500 acres, including 896 acres in Vigo County and 604 acres in Sullivan County. It would be located on a reclaimed coal strip mine currently being used for crops.

Indy electrical contractor planning to move 150 jobs to new $18M Greenwood HQ

April 14, 2021 | IBJ Staff

Indianapolis-based Electrical Repair & Maintenance Co. Inc.—better known as ERMCO—unveiled plans Tuesday afternoon to build a headquarters in Greenwood where it will employ 170 workers.

Logistics firm planning up to 500 distribution jobs in Whitestown

April 15, 2021 | IBJ Staff

A logistics company affiliated with online retailer Shein plans to open a distribution center in Whitestown that will employ up to 500 full-time workers, the city announced Wednesday night.

Five Below planning $105M-plus distribution facility in Shelby County

April 15, 2021 | Mickey Shuey

The massive facility, which would employ hundreds of people, would be built on a 100-acre site adjacent to Interstate 74.

Local developer plans $50M in projects for two former Drury-owned hotel sites

April 23, 2021 | Mickey Shuey

Indianapolis-based KennMar LLC acquired the former Caribbean Cove water resort property on the city’s north side and another Drury hotel site at Interstate 465 and West 71st Street.

Caribbean Cove

Curium plans $10M investment, 34 new jobs in Noblesville radiopharmaceutical facility

April 29, 2021 | Kurt Christian

Curium, a nuclear medicine company with global headquarters in London and Paris and its North American headquarters in St. Louis, took over the Noblesville facility when it acquired Zevacor Molecular in March 2020.

Holladay Properties proposes $25.5M in new Westfield warehouse projects

May 25, 2021 | Kurt Christian

South Bend-based Holladay Properties is asking the city of Westfield to grant it a tax abatement to offset the costs of developing three speculative buildings in NorthPoint Industrial Park.

Family farm sells for $10.6M, paving way for 250 acres of industrial developments

June 8, 2021 | Mickey Shuey

Opus Development Co. plans to develop up to four buildings on the land in the Mount Comfort corridor, including a 862,000-square-foot distribution facility for Atkins Nutritionals.

Korean auto supplier plans to expand local presence with Franklin facility

June 10, 2021 | Susan Orr

Daechang, which makes seating components for Kia, Hyundai and Subaru, established its North American headquarters in Indianapolis in 2017. The Franklin facility would be its second local site.

Owner of Carmel’s Clay Terrace files for bankruptcy

June 14, 2021 | Susan Orr

Washington Prime Group, which filed for bankruptcy Sunday, said it may end up selling some or all of its properties as part of its restructuring. The company also owns several other local retail centers.

Sources: Rolls-Royce planning to vacate two-thirds of its downtown campus

June 17, 2021 | Mickey Shuey

The United Kingdom-based aircraft engine manufacturer is expected to jettison about 270,000 square feet of office space on its 2.2-acre campus at 450 S. Meridian St. About 3,000 people worked in the company’s downtown offices prior to the pandemic. 

Fishers Council OKs $21M incentive package for Stevanato’s planned $145M facility

June 21, 2021 | Kurt Christian

The project agreement offers Italy-based Stevanato Group a 15-year tax abatement, a $2.4 million commercial property grant and nearly 36 acres the city plans to buy at 126th Street and Cumberland Road.

Quantigen Biosciences plans Fishers expansion, 30 new jobs

June 23, 2021 | Kurt Christian

Fishers-based Quantigen Biosciences is spending $2.5 million to redevelop 40,000 square feet of office space along Interstate 69 as its new specialty contract research laboratory.

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