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1,255 results for 'abatement'

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Articles

Simon unveils plans for office building, new retail at Fashion Mall

June 12, 2024 | Mickey Shuey

Plans call for up to 100,000 square feet of Class A office space, as well as a new standalone building, a small plaza, and new restaurant and entertainment offerings.

Developer plans $16.4M hotel next to growing Crawfordsville business park

May 21, 2024 | Mickey Shuey

The 100-room hotel is planned for a parcel next to Crawfordsville Commerce Park, which got off to a slow start about two decades ago but recently has landed some major tenants.

Calumet Specialty Products a step closer to tax break for HQ move to Stutz

May 20, 2024 | Taylor Wooten

The City-County Council’s Metropolitan and Economic Development Committee advanced a tax-abatement proposal Monday that would save Calumet about $129,440 over a four-year term. In return, Calumet has committed to retaining 190 jobs.

Drugmaker Novartis to expand nuclear medicine factory near airport, creating 55 jobs

May 20, 2024 | John Russell

Novartis Manufacturing LLC told a committee of the City-County Council on Monday evening that it plans to spend up to $125 million to construct and equip a 79,000-square-foot-building for radiopharmaceutical manufacturing  and distribution on the city’s west side.

Industrial developer keeps its focus on Plainfield with 498,000-square-foot Terminus project

April 9, 2024 | Mickey Shuey

Terminus is one of several elements of the $300 million Hobbs Station project, which will include housing, retail and office uses. The CEO of Terminus developer HSA Commercial Real Estate hopes the mix will attract tenants in sophisticated industries such as biotech.

Indiana AG Todd Rokita alleges inflated COVID-19 stats

March 26, 2024 | Whitney Downard, Indiana Capital Chronicle

Indiana Attorney General Todd Rokita accused public health entities across the state of submitting “faulty” and “unsound” data when it came to COVID-19’s death toll and positivity rate.

Republic, Blue Polymers seek $9.9M in tax breaks on south-side recycling complex

March 5, 2024 | Mickey Shuey

Together called the Polymer Recycling Complex, the two side-by-side buildings are expected to work together to recycle plastics from curbside collection and then use that recycled plastic to create new products.

Biopharma company plans $250M expansion in Bloomington

February 29, 2024 | Alex Brown, Inside INdiana Business

Simtra BioPharma Solutions on Wednesday announced plans to expand its sterile fill/finish manufacturing campus in Bloomington and add about 130 jobs.

The Justus Cos. planning to relocate HQ from Indianapolis to Noblesville

February 27, 2024 | Daniel Bradley

The real estate development firm, which has been based in Indianapolis for 114 years, plans to move to a new $7.3 million building after reaching an incentives deal with Noblesville that was approved Tuesday.

Gorton’s Seafood planning $89M production facility in Lebanon

February 27, 2024 | Daniel Bradley

The 110,000-square-foot facility is expected to employ 163 workers by 2029, Boone County and city officials announced Tuesday.

Caterpillar planning $725M expansion in Lafayette

February 23, 2024 | Alex Brown, Inside INdiana Business

Caterpillar said the project would help retain the nearly 1,900 employees who currently work at the facility and create another 100 jobs.

Company behind $845M data center in Indiana identified as Google

January 19, 2024 | Alex Brown, Inside INdiana Business

Google on Friday announced it has purchased the nearly 900 acres of land being used for the development, which until now has been known as “Project Zodiac.”

Arena, city hall among Fishers projects expected to be completed in 2024

December 27, 2023 | Daniel Bradley

The city will have new places to stay overnight and watch a hockey game. Fishers city government will move into a new home, and so will an Italy-based manufacturer.

Chicago-based semiconductor firm planning $152M investment, 250 jobs in Bloomington

December 20, 2023 | Cate Charron, Inside INdiana Business

The company intends to turn a mostly vacant property owned by Cook Medical into a microelectronics manufacturing and packaging facility.

City-County Council committee advances $37M plan to finance jail demolition, building improvements

November 14, 2023 | Taylor Wooten

If approved, the bonds are expected to pay for the demolition to demolish a former Marion County Jail 1 and renovate portions of the City-County Building ahead of a planned consolidation of city employees from satellite offices.

City-County Building

State, localities starting to spend $507M share from National Opioid Settlement

November 13, 2023 | Whitney Downard, Indiana Capital Chronicle

Almost a year after distributions started from the National Opioid Settlement, only $7.1 million has been put to use so far in Indiana as local units of government wrestle with how to make the most of the payments.

focus_opioids.jpg

Corteva to occupy new $30M distribution center in Anderson

October 5, 2023 | Mickey Shuey

The 300,000-square-foot facility is being developed by local industrial real estate firm Scannell Properties LLC.

Bila Solar seeks tax break on $36M in equipment for HQ, production facility

September 19, 2023 | Mickey Shuey

The tax abatement would save the company about $1.92 million in personal property taxes over eight years—about 66.3% of the total in taxes owed.

Biotech firm nearing completion of Indy radioisotopes factory

September 18, 2023 | John Russell

Following a $45 million renovation, RayzeBio plans to use the plant to make Actinium 225, a radioisotope used for targeted therapy for cancer.

Local industrial demand cooling as brokers look to fill massive buildings

September 15, 2023 | Mickey Shuey

The slowdown in leasing activity, which began late last year, is putting some developers in a tricky spot.

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