Zionsville lands $40M FedEx investment

May 29, 2013
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A Wednesday morning groundbreaking ceremony signaled the start of construction on a new FedEx Ground distribution center in Zionsville—the surest sign yet that the Boone County town really is open for business.

Long known as a largely residential community, Zionsville last year set out to diversify its tax base by ramping up commercial development. FedEx Ground is the first tenant in the new Ripberger Business Park, located a couple miles north of Interstate 465 and east of Zionsville Road.

The $40 million project is said to be the largest one-time investment there by a private entity.

Zionsville agreed to spend $2.4 million to extend Bennett Parkway south of 106th Street  into the business park, but economic development chief Wayne DeLong said FedEx did not request (or receive) additional incentives.

But the town did offer a $150,000 grant to an existing business that must move to make way for progress. Locally based Landscapes Unlimited is expected to build a facility in the park. Its current operation at 5155 W. Old 106th St. is in the path of the new road.

Last week, Zionsville Community Schools and the Zionsville Redevelopment Commission closed a $3.4 million deal to buy about 91 acres of prime Dow Chemical Co. land along 106th Street. The cash-strapped school district will keep about nine acres for a warehouse and maintenance facility; Zionsville expects to develop its portion of the property.

What do you make of the recent changes to Zionsville's business landscape?

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  • It's GREAT!
    The town has needed new large business tax base for decades - if only to reduce property taxes and also beef up school budgets. I hate the tought of all that extra traffic - it is already a big traffic jam every day - but this is what Zionsville needs to survive. Cudos who whom ever arranged this deal.

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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

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