The Michigan-based company told IBJ that work has been underway since October to move employees from the Noblesville Technical Center to a similar facility elsewhere in Indiana. More than 20 people are expected to lose their jobs in the transition.
Potential rollbacks of Biden-era policies that incentivized electric vehicle production and ownership have stirred apprehension among some local economic development officials across the state.
The LEAP Research and Innovation District, led by the Indiana Economic Development Corp., is among the costliest economic development projects Indiana has attempted. But the agency’s structure obscures its spending and who benefits.
Fishers and the Indianapolis Zoo will partner on some aspects of the new AgriPark, which received a key approval in the development process on Tuesday.
The company’s current proposal calls for a two-phase, $100 million overhaul including more than 500 apartments, 35,000 square feet of retail and restaurant space, townhouses and a hotel.
The state of Indiana receives more than $20 billion from the federal government annually, or 44% of its budget, and is the third-most reliant state on federal dollars.
A federal court last fall temporarily blocked a program meant to prevent discrimination in government-funded transportation contracts from applying to two southern Indiana contractors.
The Blue Line, IndyGo’s third rapid-transit bus line, will run 24 miles east and west along Washington Street, connecting the Indianapolis International Airport on the city’s west side to Cumberland on the east side.
The project is expected to encompass about 7.5 acres on the river’s western bank and will include new green spaces, an amphitheater and a promenade overlooking the White River.
School officials and advocates, in particular, denounced the dual legislation considered Wednesday because of the possible the double-whammy hit to budgets.
The labor pinch has affected several developments across Indianapolis, with some builders shuffling projects to accommodate subcontractor availability, a few halting the start of work altogether and others forging ahead after securing additional capital to pay higher prices.
Leaders from the Indianapolis campuses of Indiana and Purdue universities outlined visions for increased collaboration and a transformed urban campus at an Economic Club of Indiana luncheon Wednesday.
