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. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

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