Developer of $37M downtown apartment project seeks new construction schedule
Investment Property Advisors needs the adjustment to still qualify for a property-tax abatement tied to a second phase to its 9 on Canal apartment project.
Economic Development Agencies
Articles
Indianapolis-based grading-software startup plans to add 102 workers by 2021
Mimir Corp., which relocated its headquarters from West Lafayette to downtown Indianapolis last month, sells software that automates computer science grading and checks for plagiarism. It’s used by more than 80 universities worldwide.
Lebanon OKs incentives for massive distribution center
The Lebanon City Council on Monday night unanimously approved more than $2 million in tax incentives to lure a fast-growing logistics company that has proposed opening a major distribution center that would employ nearly 1,200 people.
Pharmakon collected $560K in incentives before ceasing operations
Noblesville-based Pharmakon had a history of making state and local incentive agreements before suspending operations last year after a Food and Drug Administration investigation uncovered safety issues and possible criminal activity.
City set to solicit new ideas from developers for Old City Hall property
The city of Indianapolis is going back to the drawing board in its quest to redevelop Old City Hall after a proposal to turn the historic downtown property into a 21c hotel fell apart.
Holcomb: Paris trip chance to ‘sell, sell, sell’ state’s potential in aerospace
Indiana already has a burgeoning aerospace industry with players such as Rolls-Royce, GE Aviation, and Raytheon Co., but economic development officials say further growth is possible.
Indiana names new head for Community and Rural Affairs office
A state office that helps Indiana's communities with economic development plans has a new leader.
Subaru supplier adding more than 100 Boone County jobs as part of $57M expansion
A joint venture of two Japanese companies that makes steel frames and other parts, primarily for Subaru, said it will double the size of its Jamestown plant to 250,000 square feet.
Knowledge Services plans $17M Fishers HQ, 400 additional jobs
The company, now headquartered in Castleton, plans to build an 80,000-square-foot office building on USA Parkway, to the north of 106th Street, along the busy Interstate 69 corridor, it announced Tuesday afternoon.
City moves to beautify former Outlaws Motorcycle Club compound
As a U.S. attorney, Joe Hogsett was instrumental in arresting dozens of people connected to the club in a 2012 raid. As mayor of Indianapolis, Hogsett wants to transform the infamous site into a park or other community gem.
Indiana governor plans economic development trip to Europe
The governor's office announced Friday that the visit to Hungary will include meetings with government officials and business executives in Budapest.
IEDC’s Steff to join Trump’s Department of Commerce
Ian Steff, who was named Indiana’s first chief innovation officer less than a year ago, accepted a position in the Trump administration this week to help boost domestic manufacturing.
Infosys deal happened fast; now battle begins over tech hub’s location
Infosys leaders said Indiana officials took advantage of their earlier relationship to land one of the four U.S. hubs and as many as 2,000 jobs. Indianapolis and Carmel are in the running for the hub’s short-term home.
Infosys’ hiring plans in U.S., Indiana come after Trump criticism
India’s Infosys Ltd. said it plans to hire 10,000 American employees in the next two years, following criticism from the Trump administration that the company and other outsourcing firms are unfairly taking jobs away from U.S. workers.
India-based tech firm plans 2,000 jobs in Indianapolis area
In the biggest economic development agreement Indiana has reached in more than a decade, India-based technology consulting firm Infosys Ltd. on Tuesday announced plans to open an $8.7 million tech and innovation hub in central Indiana.
Lawmakers pass budget with investments in education, entrepreneurism
The final version of the bill eschews a proposed $1 per pack cigarette tax increase. But it includes many of Gov. Eric Holcomb’s priorities.
Carmel-based interior design firm to expand, add 43 jobs
Mitsch Design Inc. said it will to invest nearly $2.4 million to expand its offices at the Indiana Design Center on Rangeline Road.
Carmel software firm plans expansion, 30 new employees
EduSource pairs its fulltime software engineers with paid student apprentices to build custom software for its clients.
Tech-services firm Brookfield investing $7M, adding up to 31 jobs
The company, which already employs 40 in Indiana, is upgrading its Carmel headquarters and a downtown Indianapolis data center.
China auto-parts maker to build $80M plant in Greenfield, hire 441
A Beijing-based manufacturer of brake and suspension systems has chosen the Indianapolis area as the site of its first U.S. production facility.