Council panel votes for west-side TIF districts, including one for Infosys site
The council’s Metropolitan and Economic Development Committee voted unanimously to approve the creation of the two new tax-increment financing districts.
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NATE FELTMAN: Infosys to Indiana, the real story
The personal touch weighed heavily in the Indian tech giant’s decision to invest here.
Infosys kicks off huge construction project, brings in clients for show and tell
Local dignitaries and regional clients were expected to be on hand as India-based tech giant Infosys kicked-off construction of its $245 million educational campus. The first phase is scheduled to be done by the end of 2020.
AMAZON UPDATES: Indy officials pushed three sites for HQ2, showed off Mass Ave during visit
When visiting Indianapolis in March to gather intelligence on the city’s HQ2 bid, Amazon officials had two meals at hot restaurants on downtown’s northeast side and toured three potential sites for the $5 billion project.
Airport board approves $21.4M land sale for Infosys campus
The airport will sell 132 acres to the city of Indianapolis in phases over the next several years. In turn, the city will sell the property to Infosys for pennies so it can create a $245 million training campus.
Hotel operator sues airport authority, Infosys over lease termination
A Detroit-based hotel operator alleges the authority and the tech company colluded to wrongfully terminate its lease at a 257-room hotel at the airport to make room for Infosys’ high-profile innovation hub development.
Computer science training summit at IU draws teachers nationwide
Hundreds of teachers assembled at Indiana University to take in lectures, hit the books and do some hands-on training as part of the inaugural Pathfinders Summer Institute.
EDITORIAL: Infosys airport deal is product of patience, reminder not to jump at easy
Of course, there are no guarantees that Infosys’ vision for its Indianapolis tech hub will pan out. But without the benefit of hindsight, it appears the city, state and airport authority waited for the right deal to come along.
Infosys exec downplays Trump economy as reason for U.S. expansion
During their visit to Indianapolis on Thursday, Vice President Mike Pence and the U.S. Labor Secretary Alex Acosta were quick to highlight the Trump administration’s economic agenda—including tax cuts and reductions in red tape—as key reasons for Infosys Ltd.’s decision to invest in the United States.
Infosys says it’s not worried about filling jobs in Indianapolis
The India-based technology company plans to hire 3,000 employees in Indianapolis by the end of 2023.
State, city offer more than $100M in incentives to Infosys
The economic development deal marks the largest jobs commitment the Indiana Economic Development Corp. has received since the agency was established in 2005. But it’s not the largest incentive package the state has offered.
First phase of Infosys’ $245M airport campus will be $35M training center
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Infosys development at airport to have college campus-like feel
Gov. Eric Holcomb and state economic development officials have been pushing Infosys in a series of meetings to make Indianapolis a major training campus for the thousands of employees it plans to hire across the country.
STEVE BRUNSON: Skills Enhancement Fund aids Indy’s tech ecosystem
Legislators and leaders in state government have even been saying (and mostly doing) all the right things to support our technology sector, but there’s a threat on the horizon.
Before landing Infosys, airport authority passed on several proposals
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city’s west side.
Infosys plans 125-acre technology hub on airport property, source says
The center is expected to create 3,000 jobs—1,000 more than Infosys announced last year when it said it planned to open an $8.7 million tech and innovation hub in Indianapolis. Vice President Mike Pence is scheduled to attend Thursday’s jobs announcement.
Amazon’s incentives sure to be whopping
Any tax-incentive package to lure Amazon’s HQ2 to Indiana could easily top half-a-billion dollars and climb to more than $1 billion.
Infosys, Salesforce Tower, IoT lab among year’s biggest local tech stories
Gov. Eric Holcomb’s Next Level Trust Fund, which designates $250 million for venture capital, also made our list.
Indy Council approves tax abatement for Infosys
The 10-year tax abatement will apply to IT equipment of up to $400 million.
Infosys plans 3rd tech hub, 500 design jobs in Rhode Island
Information technology outsourcing firm Infosys—which picked Indianapolis in May as the site for an $8.7 million technology and innovation hub —has chosen Providence, Rhode Island, for a design and innovation center.