Arrow McLaren expects to make a total investment of $30 million in its new home at 7615 Zionsville Road and is seeking city and state incentives to help reduce the cost of the project.
As a critical vote by the City-County Council approaches on whether to rezone 467 acres for Google’s proposed billion-dollar data center, the local school district has changed its stance on the project.
The project would fill out the rest of the available land in Thunderbird Commerce Park, which is situated on the former site of the Ford Visteon Plant.
With the City-County Council approaching a Sept. 22 public hearing over the 467-acre project, IBJ looked into many of the questions being asked about the controversial development.
Since the start of the year, Morgan County officials have rezoned nearly 400 acres of farmland for light industrial use and approved a series of tax abatements to make way for the project.
Members of the Whitestown Town Council unanimously approved a personal property tax abatement for Ring Container Technologies, which plans to invest $77 million in an existing warehouse.
Boston Consulting Group is researching the economics of data centers and is expected to produce a white paper report detailing the best way for the state to approach such proposals.
Angi Inc.—which once owned more than two dozen buildings on nearly 18 acres on the near-east side of Indianapolis—has moved into a new office space on city’s north side.
The tech giant’s plan to develop the massive data center in Franklin Township was bolstered by a city commission’s vote Wednesday to grant preliminary approval to the company’s request to rezone nearly 470 acres for the project.
The Metropolitan Development Commission also will consider granting a tax break for the first building planned for the complex, which has an estimated cost of $314 million.
Documents dated Aug. 6 also include multiple renderings of the campus, which would include 12 data center buildings, three ancillary buildings and more than 400 parking spots.
City leaders are looking for a new development partner to help with the proposed $15 million overhaul of the historic Indianapolis Catacombs next to the closed City Market. The companies previously involved in the project are navigating challenges involving the nearby Gold Building and the rest of the downtown block’s redevelopment.
With more than $9.5 billion in downtown development reshaping our skyline, the need for consistent, responsive street-level services has never been greater.
Municipal government leaders across Indiana are going pale in the face while they review budget forecasts for the next few years as a sweeping property tax relief law takes effect.
Four data center proposals in the Indianapolis area are facing a dynamic that’s emerging here and elsewhere: The operators working to build data centers here vs. the neighbors trying to stop them.
Indianapolis-based ALK Development LLC plans to spend $10 million to restore the 3060 N. Meridian St. building, currently owned by the city, to a 27-unit housing facility focused on seniors.
