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Commission OKs Ameriplex, Rexnord tax abatements

September 16, 2009

The Metropolitan Development Commission this afternoon approved two requests for property tax abatement, including one for
a mammoth development known as World Connect at AmeriPlex.

Tax abatement could help manufacturer add 43 jobs

August 31, 2009

The Indianapolis plant of Rexnord Industries LLC is promising to create 43 jobs and retain hundreds more if the city grants
a five-year tax abatement.

Abatement approval paves way for Covance jobs

August 13, 2009

The Hancock County Council this morning unanimously approved a tax-incentive agreement that should lead Covance Inc. to add
315 jobs at its Greenfield Laboratories.

City tax abatement activity strong last year-WEB ONLY

January 9, 2009

Property tax abatements granted by the city of Indianapolis last year should help create more jobs than in each of the previous three years. Numbers released by the city for 2008 show companies receiving abatements committed to 2,423 new jobs. Among the projects: – AIT Laboratories plans to create more than 130 jobs in the […]

Update: City OK with abatement

October 31, 2008

The city has decided to support a request by Buckingham Cos. to abate part of the additional tax liability stemming from its $2.5-million renovation of…

Steak n Shake yanks abatement request

August 6, 2008

The Steak n Shake Co. yesterday abruptly withdrew a request for a tax abatement worth more than $100,000 just before a final hearing. The unusual move suggests new management of the struggling chain already may have found an opportunity to cut costs – and the moves could affect the local headquarters. The package of incentives, […]

Fun with tax abatements

June 3, 2008

A couple of development projects that would include tax abatements are up for hearings Wednesday at the Metropolitan Development Commission:

Community Hospital of Indiana Inc. plans to spend $3.7 million updating and expanding…

Subaru receives final approval for tax abatement

December 4, 2007

Subaru of Indiana Automotive Inc. has received approval from the Lafayette City Council for two tax abatements on more than $100 million in new equipment and real estate investments at its Lafayette plant, according to the Journal & Courier. The 10-year abatements will save the automaker nearly $1.2 million in the first year of the […]

Abatement could anchor software headquarters

October 5, 2007

In exchange for promises to keep its headquarters here, Marion County is considering providing an eight-year property tax abatement worth $17,659 for local parking ticket software-maker T2 Systems Inc. According to a Department of Metropolitan Development filing, T2 Systems is promising to add 115 jobs to its current work force of 43 as well invest […]

Marsh drops abatement request

July 24, 2007

Marsh Supermarkets has withdrawn a request for a five-year tax abatement for renovation of the downtown O’Malia’s store. Marsh officials notified the city Tuesday, shortly after Property Lines reported on the…

Tax abatement on Aisle 5

July 24, 2007

Marsh Supermarkets is hoping for final approval next month of a five-year tax abatement worth about $50,000 for a renovation of its downtown O’Malia’s store. The company plans to invest $1.5 million…

No abatement for Lowe’s in Martinsville

January 4, 2007

Martinsville’s Common Council has unanimously denied a request from Lowe’s Companies Inc. to abate $423,000 of $722,000 in potential taxes on real estate improvements. Council members said subsidizing the home-improvement chain would be unfair to existing businesses. The Mooresville, N.C., company wants to locate a store near an existing Wal-Mart on Grand Boulevard, according to […]

Shelbyville Common Council advances plans for $2B data center complex

April 7, 2026 | IBJ Staff

California-based industrial developer Prologis Inc. hopes to build the sprawling, 11-building operation on 429 acres.

Indy commission approves data center in Martindale-Brightwood

April 1, 2026 | Taylor Wooten

The startup plans to spend $500 million to build a data center on a 13.68-acre parcel at 2505 Sherman Drive.

Splenda manufacturer eyes $91M in upgrades to Indianapolis operations

March 20, 2026 | Mickey Shuey

Carmel-based Heartland Food Products Group plans to construct a new building and add the newly acquired Splenda brand to its product manufacturing operations in Indianapolis.

Metropolitan Development Commission approves $4B data center plan over resident objections

March 18, 2026 | Taylor Wooten

Seattle-based Sabey Corp. plans to build the facility on 130 acres near the northeast corner of Kentucky Avenue and Camby Road on the far-southwest side of the city.

Braun signs bills for data center payments, IEDC tax credits, rental caps

March 12, 2026 | Marek Mazurek

Under the new laws, data centers will have to pay local governments a portion of the tax cuts they receive and Carmel and Fishers will have to end caps on rental properties.

2026 legislative recap: What passed and what didn’t

March 6, 2026 | Marek Mazurek

Efforts to attract the Bears across the Illinois border received widespread, bipartisan support. But other items lawmakers tackled were contentious.

Where did lawmakers land on data center payments, rental caps, IEDC credits?

February 27, 2026 | Marek Mazurek

Indiana lawmakers sent Gov. Mike Braun a hefty local finance bill on the last day of the legislative session, weighing in on thorny topics such as local income tax allocations, rental property caps and data centers.

Data centers could pay Indiana municipalities 1% of equipment purchases, electric bill

February 23, 2026 | Marek Mazurek

The Indiana Senate is considering language that would see local governments get potentially significant payments from data center operators seeking to build in their towns.

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