The proposed battery farm would store electricity during times when there’s excess power on the grid and then discharge the energy back into the grid during times of peak demand.
Plans for the 180-apartment project also call for an entertainment commercial tenant for 18,000 square feet on the second floor and a white box retail space on the west side of the first floor.
The project would occupy four parcels between 6407 and 6419 Ferguson St., which are occupied by four residential-style buildings that have housed short-term rentals and small businesses.
A City-County Council committee on Monday advanced a proposed tax abatement for a pharmaceutical company that plans to spend $72 million to build a new facility near the Indianapolis International Airport.
Carmel-based SEP and Indianapolis-based developer Pure Development Inc. are partnering to build the 70,200-square-foot facility in Westfield by the end of next year.
The Fishers City Council gave preliminary approval Tuesday to a 10-year tax abatement for the developers of the Hub & Spoke building and approved $3.125 million in road project bonds.
Roundtripper Baseball Academy is expanding its baseball facilities in Westfield and The Peterson Co. plans to build an office and warehouse facility for a Fishers company that plans to relocate.
Genesys, which acquired Interactive Intelligence in 2016 and made extensive job cuts following the purchase, is working on the city to update its tax-incentive agreement after failing to comply with previous requirements.
The council voted 19-6 to approve Lilly’s request, which is tied to the firm’s pledge to spend $91 million on a building at its Lilly Technology Center that will house the company’s biosynthetic human insulin production operations
The proposed tax abatement is related to a $91 million investment the company is making in a building at the Lilly Technology Center on Kentucky Avenue.
Oak Ridge Road requested the tax break for its proposed 125,000-square-foot facility located on eight acres at 17001 Oak Ridge Road to the north of the 169th Street intersection.
Timberline Properties LLC is proposing a seven-year, $35,000 abatement for a project that would renovate 5,800 square feet on the second floor of the Caylor Building into 10 to 12 office suites and a business incubator.
The University of Indianapolis has selected local developer Strategic Capital Partners LLC to build its health sciences center. To help offset its investment costs, Strategy Capital has requested a tax abatement valued at $2.5 million.
The firm intends to make its facility north of 56th Street on Guion Road the main hub for more than a dozen other regional distribution centers, and to hire 60 more workers.
Economic development leaders in Fishers are asking the Town Council to OK a six-year property tax abatement to help First Internet Bancorp construct as many as two office buildings.
