2013 Forty Under 40: Katie Culp

Back to TopCommentsE-mailPrintBookmark and Share


“It’s important to pick a couple of organizations, but not to spread ourselves too thin.”

Age: 35

Senior Managing Director, Principal, Cassidy Turley

Katie Culp has amassed enough frequent flier miles to move up to first class frequently. That’s good not only because she’s 5-foot-11 but also because she does a fair amount of traveling. As senior managing director for Cassidy Turley, she’s done business in 42 states, negotiating $115 million in incentives for 8 million square feet of office and industrial space.

Those are impressive numbers for someone who said she “fell into” economic development.

Culp went to Indiana University to study environmental science, but switched to public policy. She started her career with former Mayor Steve Goldsmith toward the end of his time in office and gained experience in economic development.

She moved on to the Boone County Economic Development Corp., then Indianapolis Economic Development (now Develop Indy). Cassidy Turley recruited her about eight years ago.

“My background before coming here had been almost exclusively Indiana economic development, so it’s been a great experience to see how other states and municipalities approach economic development,” she said. “That’s been a lot of fun and a wild ride.”

Culp and her team work with all kinds of businesses—heavy manufacturers, research and development, pharmaceutical companies, call centers—and assist them in finding the best location for their expansion or new operation. Their job is to prepare an in-depth analysis of whatever factors are relevant to the client’s decision, including the labor market, availability and cost of property, taxes, utilities and economic incentives.

“We spend a lot of time negotiating those packages and helping our clients realize the benefit,” she said.

Between work and home (she and her husband have two children, ages 5 and 3), there isn’t time for much else, but Culp volunteers with the Zionsville Boys and Girls Club and serves on its board.

“It’s meaningful to be engaged and spend time and invest money in an organization where you can see directly the benefits of the program,” she said.•


Post a comment to this story

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.