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Interactive Intelligence plans $28M building, 430 hires

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Local software firm Interactive Intelligence Group Inc. announced plans Thursday afternoon for a major expansion of its headquarters that will allow it to add 430 employees statewide by the end of 2016.

The company said it is in negotiations to lease a 112,000-square-foot office building that will be constructed on the northwest side of Indianapolis at a cost of $28 million.

Construction should start this summer with completion slated for the third quarter of 2015.

The company now occupies nearly 300,000 square feet in four buildings near the site.

Interactive Intelligence already has more than 1,000 associates in Indiana and more than 1,900 worldwide.

It said it hired more than 170 new employees in Indiana last year and plans to add more than 300 by the end of the year.

Positions being added are in software development and testing, support services, marketing and various general and administration areas.

Founded in Indiana in 1994, the company has more than 6,000 customers worldwide and had 2013 revenues of $318.2 million.

Interactive Intelligence generated $92.7 million in total 2013 Indiana payroll compensation, the state said.

The Indiana Economic Development Corp. offered Interactive Intelligence up to $8.3 million in conditional tax credits and up to $300,000 in training grants based on the company's job-creation plans. T

The city of Indianapolis will consider an additional tax abatement.
 

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  • Unfortuante reality
    They were seriously considering leaving the state at one point before the current abatement. You also have to consider the number of well paid (and well taxed, income, property, etc.) employees they create. It isn't my favorite thing in the world, but until everyone stops doing it, it's hard for Indy to put their foot down.
  • Congrats to Interactive Intelligence
    But wouldn't it be nice for once for the state to not give away the bank in order to "create" jobs in our state. We're basically subsidizing companies to stay or expand their businesses without paying anything for it. That cost is being passed onto the local tax payers in order to pick up the tab for the cost of road maintenance, public schools and police / fire protection. Eventually local tax districts (like Marion County) will have to asses higher income taxes or a commuter tax in order to make up the difference. Just food for though...

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    1. I keep wondering why I keep hearing about this problem of corporations leaving America, and I never hear a reasonable proposal to lower corporate tax rates and raise personal rates on income from capital gains and dividends, especially for high earners. It is just too simple of a solution for Congress to embrace?

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    3. is a disaster. SR37 already needs to be built to interstate standards between 465 and SR144. Southport Road is a mess each morning and evening.

    4. Bass Pro Shops would be good for the mall as well as a Giant Eagle Market District or a Jungle Jim's International Market Place grocery store like the one near Cincinnati Ohio.A Disney quest indoor theme park would be good.An Academy outdoor store would be good too.Indoor Circus shows and magic shows would be good as well. A casino with sports bar would be good.A Disney theater inside that shows movies and Broadway shows would work.Nashville Tennessee concert shops with indoor neon lights would be good.How about a theater that shows travel shows and theme parks. A train store would be good.How about a giant toy store with high tech video games.

    5. This development is in addition to Allpoints Midwest 5, Aitrtek, a recent FedEx and more in Plainfield. Greenwood and Brownsburg also have similar projects.

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