The company does not plan to add any jobs as it expands operations southwest of downtown, but it will retain 374 employees who earn an average hourly wage of $33.92.
The agritourism facility would bring a restaurant and cocktail lounge, event center, speakeasy, and whiskey production and aging space to the corner of Horton Road and East 191st Street by the end of next summer.
The planned, 2.2-million-square-foot Walmart distribution center is one of a dozen warehouses exceeding 900,000 square feet to enter the Indianapolis market since 2011.
Pennsylvania-based Exeter Property Group has acquired a 604,000-square-foot speculative industrial property at the Fishback Creek Business Park in Whitestown.
The Indianapolis-based shopping mall operator said all of its U.S. properties have reopened, with the exception of a handful in California that were forced to close for a second time on July 15 because of government mandates.
The project, which includes plans for a $125 million expansion of the Indiana Convention Center, would also create 2,500 construction jobs before completion in 2025.
In the past seven years, the drugmaker has received tax breaks worth nearly $40 million in exchange for investing more than $500 million at its Indianapolis properties.
The Kansas City, Missouri-based developer was granted tax abatement for a second phase of its 160-acre Hub I-65 warehouse and distribution project, the first phase of which is nearly finished.
A largely agricultural area near the formerly contested border of Zionsville and Whitestown could soon be the site of two 550,000-square-foot warehouses.
Round Room, a holding company for wireless retailers, plans to relocate from Carmel to Fishers by early next year. The move to the 190,000-square-foot building will give the company room to grow.
During the coronavirus pandemic—which research shows has disproportionately affected black-owned businesses—the 250-member organization has received no city funding to give loans or grants to its members who were struggling.
We need to ensure that on every decision-making board and committee—public, private and not-for-profit—there is diversity. Consider whether each of these groups reflects the community, with no members who are tokens.
Unlike many pharmaceutical startups, which often contract with outside manufacturers to make their drugs, Point Biopharma is spending $25 million to transform a building in Indianapolis where it hopes to handle its own manufacturing as soon as 2023.
The Whiteland Town Council has scheduled a special meeting to consider a tax abatement related to the proposed development of 997,000-square-foot logistics building on 121 acres near Interstate 65.
The change to the way tax incentives are awarded is part of the city’s quest to achieve “inclusive economic growth” by growing opportunities for the city’s middle class and poor, and came as the result of years of research.
The Indianapolis Parks Department has preliminarily agreed to pay nearly $1 million per year to lease space in a new family center planned for Broad Ripple Park.
