Economic development leaders want the 45 acres to be developed as the OneHealth Innovation District—a partnership between Elanco Animal Health, Purdue University and the Indiana Economic Development Corp.
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Elevate Ventures, which occupies a 6,000-square-foot office on the north side of Indianapolis, will relocate to a much larger space at 1 Virginia Ave. within the next few months.
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The Indiana Economic Development Corp, in a request for proposals, said it hopes to sell the property along the White River by the end of September, most likely to a master developer.
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The state agency took over the study in November after skepticism mounted over a proposal to pump millions of gallons of water daily from Tippecanoe County to a massive high-tech park planned in Boone County.
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Rosenberg, whose position includes serving as president and CEO of the Indiana Economic Development Corp., sought permission to take a vaguely defined executive role at Indiana University related to workforce and the economy.
The IEDC has renamed the business campus Levee—a nod to both the site’s proximity to the levee along the western bank of the White River and the word’s Latin root “levare,” which means “to lift up.”
Dabico A-Bridge LLC and its parent company, Dabico Airport Solutions LLC, plan to expand their Indianapolis facilities and add another 151 jobs by the end of next year.
The IEDC said the investments include commitments to create more than 13,000 jobs with an average wage of $37.31 per hour—or about $77,604 annually.
Zionsville-based software startup Adverank has reached an incentives agreement with the state based on its expansion plan.
State officials, business leaders and other stakeholders say failing to act soon could threaten Indiana’s growth and economic development.
The IEDC said officials will attend SEMICON Taiwan from Sep. 4-6, an event hosted by the international industry association SEMI. That group is bringing an event called SEMIEXPO in the Heartland to Indiana in 2025.
It was his skill at a race-themed video game that landed Jann Mardenborough in the real-life racing world—but once he got there, Mardenborough still had a lot to learn.
The new project would involve Citizens Energy likely tapping into water systems in Westfield and Whitestown to sell the resource to Lebanon Utilities for the city’s growing needs, though discussions are ongoing, officials said.
Koola Logistics received approval from the Indiana Economic Development Corp. for $4.25 million in conditional EDGE tax credits to expand their payroll to 250 by the end of 2026.
In a switch from its original focus, the Hardtech Innovators Network will seek to help those who actually do the hands-on design, engineering and innovation work at Indiana companies.
Amazon Web Services executive White joins a speaker lineup that includes Alex Rodriguez and Marcus Lemonis.
Indianapolis-based information technology firm Sondhi Solutions has rebranded as Exos Cos. and plans to add 250 new employees by the end of 2028.
The Indiana Regional Cities Initiative aimed to encourage neighboring communities in Indiana to work together to develop plans focused on “quality of life” that would make Indiana a more attractive place to live, attract and retain skilled workers.
Two of the buildings bear the new Indiana Economic Development slogan: Indiana For the Bold. Not all of the cost was taxpayer money.
UKG informed employees earlier this week that it was cutting about 14% of its workforce so the company could “aggressively focus on critical areas of growth.”
Behind many of the state’s aspirations is a not-for-profit helping to craft its strategies, funnel federal dollars to high-value sectors and provide industry expertise needed to persuade companies to invest in Indiana.
Startups, small businesses and entrepreneurs who have an idea with commercialization potential can tap into a system of state funding and support through a research-focused grant program.
This year-to-date total investment figure nearly eclipses last year’s total, which was a record of $28.7 billion.
The Indiana Economic Development Corp. received the financial greenlight Tuesday afternoon to buy 1,400 more acres of land in Boone County for the LEAP Lebanon Innovation District and make more infrastructure improvements.
