The sites in Long Island City, Queens, and in Arlington, will be a boon for the New York and Washington, D.C., metro areas and highlight Amazon’s willingness to target big labor pools with pricey payroll over smaller markets offering lower costs of living.
When visiting Indianapolis in March to gather intelligence on the city’s HQ2 bid, Amazon officials had two meals at hot restaurants on downtown’s northeast side and toured three potential sites for the $5 billion project.
The communities reportedly chosen to become homes to a pair of big, new East Coast bases for Amazon.com are both riverfront stretches of major metropolitan areas with ample transportation and space for workers.
The e-commerce giant is expected to announce the decision as early as Tuesday, The Wall Street Journal reported Monday night. Indianapolis had been a top 20 finalist out of 238 that bid for the site.
Amazon.com Inc. will separate its proposed second headquarters into two locations, and is close to deals with both sites, The New York Times reported Monday.
A panel of City-County Council members on Monday advanced a plan to provide Corteva Agriscience with incentives to maintain operations in Indianapolis, but not before several councilors expressed objections.
Such a decision would leave Indianapolis and 18 other finalists out of the running for the giant economic development prize.
Socio is just two years old but already has hundreds of clients across six continents, including Google, Microsoft, PepsiCo and Hyundai.
MiraVista Diagnostics, which processes more than 100,000 fungal-infection tests annually, plans to double the size of its headquarters near Indianapolis International Airport.
Blake Johnson, a Democratic member of the City-County Council, is replacing Molly Chavers as the leader of the organization, which serves as an advocate and networking resource for young professionals.
The funds are expected to help the neighborhood and its partners invest in upgrades to the area’s local park and improve the infrastructure of South Meridian Street, as well as build several hundred new units of affordable housing.
A British company with packaging plants around the world plans to build a 550,000-square-foot manufacturing facility just southwest of Interstate 65 that will employ 140.
Indianapolis is under consideration for a seven-year contract extension that would keep FFA’s giant national convention in the city until 2031—but it’s competing for the opportunity with another city.
Stiffening competition, surging online advertising costs and cheap mall space have prompted web retailers like Warby Parker and Bonobos to open physical stores, including locations in Indianapolis.
The city is in the process of setting up “redevelopment areas” surrounding North Post Road between 38th and 42nd Streets, the West 38th Street area known as International Marketplace, and a corridor of Brookville Road that contains the former Navistar and Ford Visteon plants.
Downtown Indy leaders say the city can’t afford to let the Circle fall into disrepair or become a turnoff for visitors.
A Japan-based automotive industry supplier plans to spend $90 million to expand its manufacturing operations in Indiana, the company announced Tuesday.
Gov. Eric Holcomb announced the launch of Skillful Indiana on Thursday morning, along with Skillful CEO Beth Cobert, Markle Foundation CEO and President Zoe Baird, and Microsoft Philanthropies leader Mary Snapp.
The e-commerce giant plans to occupy a 615,440-square-foot building on a 75-acre site along Allen Road near Interstate 65.
Companies that brew tea drinks, pop-up campers and jewelry in central Indiana are among 22 manufactures that announced plans Friday to locate or expand their operations in the state.
