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Angie's List plans 500 jobs in headquarters expansion

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Angie’s List Inc., the fast-growing company that provides customer-review services in 200-plus markets, plans to to expand its Indianapolis headquarters, creating up to 500 new jobs by 2015, it announced this morning.

The company said it will spend $11.5 million to expand its four-block campus on Indianapolis' near-east side to accommodate the new employees.

Angie's List, which already has about 500 employees in Indianapolis, said it has begun the hiring process for the new workers. Positions will range from information technology to sales and member services.

The Indiana Economic Development Corp. said it offered Angie's List up to $7 million in performance-based tax credits and up to $100,000 in training grants based on the company's job-creation plans.

Indianapolis will invest $7.1 million for infrastructure and neighborhood improvements through a combination of tax-increment-financing contributions, New Market Tax Credits and RebuildIndy funds, the city said.

The Angie's List campus is currently bordered on the north by Ohio Street, on the south by East Washington Street, to the west by Interstate 65/70 and to the east by Highland Avenue. The area is part of the Historic Holy Cross Neighborhood 

Angie's List was launched in 1995 in Columbus, Ohio, by Angie Hicks. It moved its headquarters to Indianapolis in 1999 and has since expanded to serve members in more than 200 cities across the nation.
 

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  • Nonsense
    Your $7.1M "double dip" is nonsense. It says the state is contributing $7.1M, period.
  • My math skills are very good thank you.
    I believe my math is very clear.

    We are being double dipped with $7.1 million in taxpayer funded capital improvements to Bill's properties that goes toward justifying giving him another $7.1 million in cash.

    Any additional taxes collected clearly don't have a positive return on investment in any reasonable period of time if ever.

    Don't give us this "indirect" benefit calculation baloney that never will come..
  • It Must Be Groundhog Day...Again
    6/12/07

    Angie's List Plans Expansion to U.S. Cities, Europe

    http://www.insideindianabusiness.com/newsitem.asp?id=23823

    11/09/07

    Angie's List Fires 38 Employees

    http://www.insideindianabusiness.com/newsitem.asp?id=26371
  • We Have Been Here Before
    10/30/08

    Angies List Adding 400 Jobs, Investing Millions Into Redevelopment

    http://www.insideindianabusiness.com/newsitem.asp?id=32309

    1/29/09

    Angies List Laying Off 90 Employees, Triming Costs

    http://www.insideindianabusiness.com/newsitem.asp?id=33547

    Did they collected the public incentives on this deal without creating new jobs and making the promised private investments?
  • No common sense
    The 500 new employees will generate new state payroll taxes, state and local income taxes, a spike in sales taxes in the area, new property taxes on the facilities, et al. It is called a cost-benefit analysis. Buy a clue.
    • This Should Be Criminal
      The city is investing $7.1 million in infrastructure so the company will qualify for $7.1 million in tax credits and training grants?????

      This appears to have no private investment and is fully funded with taxpayer dollars.

      Guess being Mitch Daniel's campaign manager has it's perks.....at our expense

      "The Indiana Economic Development Corporation offered Angie’s List, Inc. up to $7 million in performance-based tax credits and up to $100,000 in training grants based on the company’s job creation plans. Working with the neighborhood and Angie’s List, the city of Indianapolis will invest $7.1 million for infrastructure and neighborhood improvements through a combination of tax increment financing contributions, New Market Tax Credits and RebuildIndy funds."

      http://www.insideindianabusiness.com/newsitem.asp?ID=49255

      It didn't take them long to shift water company sale proceeds to politically connected friends of the Governor and Mayor.

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