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Great article. Real news. The Public/Private deals cost taxpayers and quality of life. Infosys web pages and annual reports failed to ever mention the planned Indianapolis campus when I looked. A “big” expansion plan that does not make your annual reports is a sign of faked news for financial gain.
Can’t believe the article ignores what I thought would be obvious. Plans for big brick and mortar office complex were made pre Covid. Now in a remote work era, few of these complexes are needed.
+1
From the very beginning, the 3000 employee hiring plans never made sense.
It never even made sense that they would even hire 1500 for the reasons.they
stated.
Lots of tech campuses on hold post-Covid. Further development of Amazon’s HQ2 campus in Virginia seems to have been largely halted. A huge Microsoft campus in Atlanta got put on ice. There are others. This is obvious not good news for Indy, but it’s also just a trend that is beyond local control.
Can we stop incentivizing big ugly parking lots with an empty building in the middle? We have plenty of those.
At the bare minimum the city should go to court to get the rights to the 74 acres back so that something can be developed there. Pretty evident that the space isn’t going to be needed by Infosys any time soon.
A few people have already said this in this thread. It’s very much true that post covid tons of physical brick and mortar campus plans for technology companies have been put on hold. Even for much larger companies like Amazon, Microsoft and Google. The State Government and city of Indianapolis have given incentives but those incentives are tied to performance. If the company doesn’t hire Hoosiers and establish a footprint locally I am sure they won’t realize majority of those incentives.
It’s very much true that post covid tons of physical brick and mortar campus plans for technology companies have been put on hold. Even for much larger companies like Amazon, Microsoft and Google. The State Government and city of Indianapolis have given incentives but those incentives are tied to performance. If the company doesn’t hire Hoosiers and establish a footprint locally I am sure they won’t realize majority of those incentives.