2024 Year in Review: Lilly’s total investment at LEAP climbs to $13.5B
Lilly said the expansion is expected to add 400 full-time jobs for highly skilled workers, including engineers, scientists, operations personnel and lab technicians.
Boone County
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Boone County prepares for development at quiet I-65 interchange
County leaders are working to create the 65/47 Economic Development Area, the first step toward spurring business and residential development.
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Zionsville receives $4M from state grant fund for infrastructure projects south of Village
Among the projects: A dog-bone-style roundabout will connect Main Street and First Street, and another roundabout would be built to the north at Sycamore Street and First Street.
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Swiss manufacturer Rego-Fix opens expanded facility in Whitestown
The 12,000-square-foot addition, named the Center for Machining Excellence, will partly serve as an incubator for other foreign companies that want to do business in Indiana.
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IBJ Podcast: What’s the potential impact of Lilly’s $4.5B ‘medicine foundry’ in Lebanon?
Lilly wants to know how to improve new medicines and speed them to market more quickly. The project promises hundreds of high-paying jobs and could help lift Lilly among a handful of the most valuable companies in America.
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Articles
LEAP district developments among year’s top tech stories
The ongoing progress to develop the planned LEAP Innovation and Research District, a 9,000-acre tech park in Boone County, was among the top local tech stories of 2024.
Hickory Junction’s next phase to include 450-plus housing units, commercial space in Lebanon
Card & Associates is making plans to grow Hickory Junction, which already includes the $31 million Farmers Bank Fieldhouse and two planned hotels.
State approves $60M for LEAP District development for Lilly, Meta projects
The state will eventually recoup much of that investment when LEAP land is sold to tenants, officials from the Indiana Economic Development Corp. said.
IEDC requests additional $60M for Lilly, Meta land, infrastructure at LEAP
The state’s job-creation agency is seeking $27 million to purchase about 307 acres and pay for deposits and option payments for additional land west of Interstate 65. Another $33 million is being sought for infrastructure work.
Zionsville Town Council considers residential wastewater rate hike
Zionsville residents would see their monthly sewer rate increase for the first time in 14 years if a proposed ordinance is passed.
Aldi poised to open its first store in Whitestown
Aldi operates 84 stores in Indiana, including one other store in Boone County and four in neighboring Hamilton County.
UPDATE: Meta’s planned $800M investment in Lebanon could lead to $4.8B, mayor says
The Lebanon City Council on Monday night approved the creation of a tax-increment financing district and performance-based incentives to try to secure a deal with the parent of Facebook and Instagram.
North of 96th roundup: Museum, sweet shop among openings in northern suburbs
Multiple retailers, restaurants and other businesses and organizations recently opened or began planning new locations in the north suburbs of Indianapolis.
Developer preparing for second phase of Farm development in Zionsville
Pittman Partners plans to build up to 225,000 square feet of commercial space at The Farm at the corner of Michigan Road and Sycamore Street.
Fundae’s owners to open sub shop at former Sub 16 location in Zionsville
Donny and Kas Miller will open SubDaze Sandwich Shop on Monday at 640 S. Main St., Suite 300, in Zionsville.
Zionsville Town Council approves designated outdoor refreshment area
Zionsville is the first Boone County community to approve plans for the increasingly common district, known as a DORA.
Whitestown looks to proposed $110M project as next step for town
Indianapolis-based New City Development is formulating plans for Padgett Commons, which would be built on 40 acres of undeveloped property east of I-65 near the intersection of East County Road 550 South and Perry Worth Road.
Why Lilly is pouring billions into LEAP
In recent years, the pharmaceutical manufacturer has seen dizzying growth in its pipeline for a wide range of diseases. And modes of drug delivery are becoming increasingly complex.
Lilly to invest another $4.5B in Lebanon site for new ‘medicine foundry’
The new funding, for an advanced manufacturing and drug development center, will bring the Indianapolis-based drugmaker’s total investment in the Boone County site to more than $13 billion.
North of 96th roundup: Doughnut shops among businesses opening in north suburbs
Multiple retailers, restaurants and other businesses recently opened or began planning new locations in the north suburbs of Indianapolis.
Q&A with Graham Rahal: Race car driver is moving full speed ahead in business
How does someone who’s still on the racing circuit keep so many plates spinning? And why did he put this high-end automotive wonderland in Zionsville? Rahal addresses those and other questions.
Proposed Citizens LEAP pipeline approved for $325M in state loans
The Indiana Finance Authority approved the loans to support the proposed extension of the Citizens Energy system to provide 25 million gallons of water per day to the LEAP Lebanon Innovation District and surrounding Boone County developments.
This year’s Home-A-Rama features high-end dwellings at Promontory of Zionsville
This year’s Home-A-Rama Home Show, which gets underway Thursday in the Promontory of Zionsville neighborhood, features five high-end dwellings from five different builders.
Zionsville Town Council considers designated outdoor refreshment area
The Zionsville Town Council on Tuesday night heard an introduction of plans to create a designated outdoor refreshment area, or DORA, that would encompass areas in, around and south of the town’s historic Village.