Revamped Indiana workforce training panel meets for first time
Business leaders and education officials on the board voiced concerns that businesses and schools aren't on the same page when it comes to preparing the next generation of workers.
Economic Development
Articles
State, city offer more than $100M in incentives to Infosys
The economic development deal marks the largest jobs commitment the Indiana Economic Development Corp. has received since the agency was established in 2005. But it’s not the largest incentive package the state has offered.
First phase of Infosys’ $245M airport campus will be $35M training center
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Infosys development at airport to have college campus-like feel
Gov. Eric Holcomb and state economic development officials have been pushing Infosys in a series of meetings to make Indianapolis a major training campus for the thousands of employees it plans to hire across the country.
Terms for Paris flight’s incentives deal show Delta’s confidence in Indy market
Delta Air Lines Inc. is in line for up to $5.5 million in state economic development incentives when it launches its nonstop flights between Indianapolis and Paris—but only if it sells enough tickets.
Early hands-on experiences key to producing talented workers, experts say
Real-world opportunities can range from colleges funding internship and experiential learning programs to businesses giving young professionals room to flex their muscles and earn their wings, according to experts in Indiana workforce issues.
Indiana governor planning trips to Israel, Europe in May
Indiana's governor is planning economic development trips to Israel and Europe that will include taking the first nonstop commercial flight from Paris to Indianapolis.
Proposed $15M rehab promises offices, vast rec center on Mass Ave industrial corridor
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.
Software firm Flexware to build downtown Fishers headquarters
The company, which last November announced plans to double its workforce, plans to occupy half of a $3.5 million building that would be constructed near the Nickel Plate District Amphitheater.
Huge surpluses have dried up for downtown tax increment financing district
Tens of millions in spending, along with unforeseen events, have drained the TIF’s unrestricted cash balance—money left to fund extra projects after covering debt and reserves.
Nora, developer reach settlement on controversial development
The settlement will allow developer Green Indy LLC to build a revised version of the so-called Alexander at the Crossing project that was initially denied by the Metropolitan Development Commission last year.
Cities, projects seeking special alcohol permits likely must wait until next year
Legislation that would have granted additional alcohol permits to a handful of municipalities and the developer of a big downtown project were sidetracked in the General Assembly.
How well does Indy rate on Amazon’s scorecard for HQ2?
Using the criteria the internet giant set for its secondary headquarters, IBJ did some digging and reached some conclusions on the city’s fitness for the $5 billion project.
Council panel OKs $9.5M in loans to help Central State, Monon 16 neighborhoods
The projects are coming up now because the city has six months left to take advantage of more than $30 million in a federal loan guarantee program that it was awarded in 2012 by the U.S. Housing and Urban Development Department.
Amazon officials quietly visited Indianapolis last month in HQ2 search
The visit occurred the week of March 19, the same week Amazon officials were reported to have visited Chicago for two days.
Zionsville co-working center zWorks gears up for expansion
Less than three years after opening in Zionsville, entrepreneurial and co-working center zWorks is on the verge of opening its second facility. And it already has three tenants lined up for the new space.
LISC seeking new executive director after Taft lands promotion
Bill Taft, leader of the influential Indianapolis office for the Local Initiatives Support Corp. since 2005, has been named senior vice president for economic development for LISC National.
Holcomb optimistic about Canadian partnerships after trade mission
Back from a three-day trip to Canada that included meetings with Prime Minister Justin Trudeau, Gov. Eric Holcomb told IBJ he's confident Indiana's strong trade relationship with the country is poised to grow despite uncertainty about the future of trade between Canada and the U.S.
Law kicking in July 1 puts backers of $3M downtown fund on hot seat
Suddenly, Downtown Indy’s quest to create an economic improvement district in the Mile Square faces a major new obstacle.
Two manufacturers plan new plants in Whitestown, nearly 200 jobs
A food-packaging maker and one of the world’s largest bearing manufacturers have plans to spend more than $22 million and lease more than 400,000 square feet of space in Boone County if tax incentives are approved.