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1,285 results for 'abatement'

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Articles

Long-simmering church redevelopment project in Cumberland receives tax breaks

April 9, 2019

Work finally has begun on construction of a 60-unit apartment project for seniors behind the former St. John United Church of Christ, which will receive $1.5 million in preservation work.

Church German Road 2col

Crew, Fishers find alternate site for carwash, expand plan to include new headquarters

April 12, 2019

Crew Carwash and the city of Fishers announced Friday morning that the company will build a corporate headquarters and a carwash not far from the controversial location where Crew previously had wanted to build a carwash. Crew plans to spend at least $10 million on the project.

Sheet-metal firm planning $4.2M expansion, 40 hires for new unit

April 15, 2019

Greenwood-based Poynter Sheet Metal Inc. and its landlord have applied for partial property tax abatements on the project that would save them a total of $595,000 over 10 years.

Judge dismisses Nickel Plate case, awards Fishers attorney fees

April 17, 2019

A judge has ordered Save the Nickel Plate to pay the city of Fishers’ attorney fees and court costs in a legal case that has turned political.

Packaging maker plans $75M facility, 140 jobs in Lebanon

April 23, 2019

The Lebanon City Council Monday night approved a tax break valued at $1.3 million for U.S. Corrugated Inc., which plans to open a 470,000-square-foot manufacturing facility.

Lilly creates public downtown park on edge of its headquarters campus

April 25, 2019

The city’s newest park is springing up on the south side of downtown, a district quickly filling up with apartments, offices and retail—and a noticeable shortage of public green space.

rop-park-042619-bp-450.jpg

Seed company Beck’s plans $62M expansion of Hamilton County HQ

May 2, 2019

The Atlanta-based company said the expansion would double its processing capacity and add 56 jobs over the next few years.

Genesys, city working toward deal on tax abatement issues

May 9, 2019

Genesys, which acquired Interactive Intelligence in 2016 and made extensive job cuts following the purchase, is working on the city to update its tax-incentive agreement after failing to comply with previous requirements.

Drug research firm Covance plans $17.5M expansion, 203 jobs

May 14, 2019

Plans call for the company to spend $11.8 million on the real estate improvements and another $5.7 million on new IT equipment and freezers.

Cummins plans $35M office building in Greenwood as part of $68M expansion

May 16, 2019

Cummins Inc. said it plans to spend more than $68 million to expand operations in Columbus, Greenwood and Indianapolis as it grows its new Electrified Power business segment. The company will move about 500 jobs to Greenwood.

Cummins Greenwood Facility

Appeals court says Gary’s lawsuit against gun makers can proceed

May 24, 2019

The Indiana Court of Appeals on Thursday revived the city of Gary’s lawsuit against 10 handgun manufacturers, thwarting the Indiana General Assembly’s attempt to derail the legal action in 2015.

City orders Delco Foods to pay nearly $100,000 for breaking incentive deal

June 5, 2019

A local food distribution company that plans to move its operations to Whitestown next year will have to pay off $98,406 in tax breaks, the Metropolitan Development Commission ruled this week.

Puma plans $40M-plus Whitestown distribution center, 90 jobs

June 7, 2019

The sports footwear and apparel company is negotiating a lease to open in a roughly 635,000-square-foot building at 3519 Perry Boulevard.

TWG seeks tax break for $26M apartment project at old IPS site

June 18, 2019

TWG Development could save $1.4 million on the 188-unit Wesmont, named after jazz guitar legend Wes Montgomery. It’s part of the company’s larger redevelopment project south of East 16th Street and east of the Monon Trail.

Wesmont TWG IPS site east 16th Street

Developer plans $17.5M apartment project on southern edge of downtown

June 28, 2019

Indianapolis-based BWI LLC is requesting a city property tax break for the 97-unit development that would save it $1 million over 10 years.

1202 meridian bwi

Roundtripper, Peterson land tax abatements for Westfield projects

July 9, 2019

Roundtripper Baseball Academy is expanding its baseball facilities in Westfield and The Peterson Co. plans to build an office and warehouse facility for a Fishers company that plans to relocate.

Developers embrace challenging rehab projects but foresee fewer opportunities ahead

July 10, 2019 | Mickey Shuey

A number of major projects are underway now, but developers say activity might slow when those projects wrap up.

focus-redevelopments-gm-site2-bp-450.jpg

Council committee stalemate could stall plans for $66M apartment development

July 23, 2019 | Mickey Shuey

The Metropolitan and Economic Development Committee of the City-County Council could not reach a consensus Monday on a recommendation for a long-delayed 11-story downtown project at 421 N. Pennsylvania St.

charles street porject on Pennsylvania

City to tie incentives to $18-an-hour pay

July 25, 2019 | Hayleigh Colombo

Starting Jan. 1, Develop Indy will change the way it awards millions of dollars in tax abatements and training grants annually. Only businesses that pay workers at least $18 an hour, give them access to health care benefits and support other community programs will be eligible.

City-County Building

Scannell planning to build $14.5M distribution facility for PepsiCo

August 2, 2019 | Mickey Shuey

The 200,000-square-foot southeast-side project would be constructed for PepsiCo subsidiary P-America LLC, which has multiple facilities around Indianapolis.

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