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.
This story will be updated.
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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..
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
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?
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 Angieâs List, Inc. up to $7 million in performance-based tax credits and up to $100,000 in training grants based on the companyâs job creation plans. Working with the neighborhood and Angieâs 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.