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Avon gives senior-living facility tax abatement

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Carmel-based real estate developer Leo Brown LLC has received a 10-year property-tax abatement from the town of Avon for a 20-acre, $36 million senior-living community.

The project, Reagan Park Senior Living, is expected to create 132 jobs with an average salary of $37,000 when it is completed in 2011. Construction should start this summer.

The development, on 10th Street, just west of the Ronald Reagan Parkway, will include a 102-bed nursing facility, 82-unit assisted living facility and 94-unit apartment complex for seniors.

In addition, Leo Brown plans to build a 20,000-square-foot medical office building in the community.

Leo Brown is also developing a senior living community in Fort Wayne called Park Place Senior Living.
 

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  1. So as I read this the one question that continues to come to me to ask is. Didn't Indiana only have a couple of exchanges for people to opt into which were very high because we really didn't want to expect the plan. So was this study done during that time and if so then I can understand these numbers. I also understand that we have now opened up for more options for hoosiers to choose from. Please correct if I'm wrong and if I'm not why was this not part of the story so that true overview could be taken away and not just parts of it to continue this negative tone against the ACA. I look forward to the clarity.

  2. It's really very simple. All forms of transportation are subsidized. All of them. Your tax money already goes toward every single form of transportation in the state. It is not a bad thing to put tax money toward mass transit. The state spends over 1,000,000,000 (yes billion) on roadway expansions and maintenance every single year. If you want to cry foul over anything cry foul over the overbuilding of highways which only serve people who can afford their own automobile.

  3. So instead of subsidizing a project with a market-driven scope, you suggest we subsidize a project that is way out of line with anything that can be economically sustainable just so we can have a better-looking skyline?

  4. Downtowner, if Cummins isn't getting expedited permitting and tax breaks to "do what they do", then I'd be happy with letting the market decide. But that isn't the case, is it?

  5. Patty, this commuter line provides a way for workers (willing to work lower wages) to get from Marion county to Hamilton county. These people are running your restaurants, hotels, hospitals, and retail stores. I don't see a lot of residents of Carmel working these jobs.

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