Morgan County officials approve rezoning for proposed 391-acre data center
Residents voiced a variety of concerns about the proposed data center, but the three-person board voted unanimously to move forward.
Economic Development
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Lebanon planning board OKs design for Lilly Medicine Foundry at LEAP District
The foundry will give the pharmaceutical maker the ability to research new ways of producing medicines.
Despite building concerns, IEDC transparency bills died without hearings. Why?
Lawmakers’ unease with the Indiana Economic Development Corp. culminated in at least four transparency-focused bills this session—all filed by Republicans—seeking to add more guardrails.
Morgan County planners recommend approval for proposed data-center campus
The Morgan County Plan Commission on Monday decided to give a favorable recommendation for a rezoning request that would pave the way for a data center on a 391-acre site in the northern part of the county.
Bill to overhaul regional development funding awaits committee vote as deadline ticks closer
Senate Bill 377 introduces a new framework and requirements for regional development funding, shifting the focus from place-aligned projects to more industry-focused development.
IBJ Podcast: With billions at stake, hyperscale data centers become charged issue in Indiana
The sudden surge in announced centers—representing more than $15 billion in potential investment—has generated a lot of concern about their drain on Indiana utilities and, in some cases, their water-intensive cooling systems.
Grand Park Sports Campus realizing financial potential as new district awaits
The sports complex, which is set to embark on a major entertainment and business district, now generates enough tax-increment-financing revenue to fully cover its debt payments.
Data center developer eyeing 618-acre site in Hendricks County
Denver, Colorado-based Vantage Data Centers has submitted a rezoning request with the intent of building a large-scale data center with multiple tenants.
Kentucky governor, a Democrat, signs GOP-backed personal income tax cut
As Indiana politicians debate the best way for the state to relieve a growing property tax problem, their neighbors just to the south have made a decisive move about taxation.
Environmental consulting firm expanding in Indianapolis
BCA Environmental Consultants has doubled the amount of its office space in Indianapolis and plans to add nearly two dozen jobs.
State of Tourism: Indianapolis secures pair of medical conventions, sets annual records
Ahead of its annual State of Tourism event, Visit Indy detailed the city’s record-breaking 2024 and announced new additions to the convention roster expected to bring thousands more visitors to the Circle City.
Female-focused sports campus partners with Sports Tech HQ to expand offerings
An Indianapolis-based economic development nonprofit is working with the leaders of Marvella, a $98 million Indiana sports and leadership campus aimed at girls and women.
391-acre data center project proposed for Morgan County
Acting on behalf of an unnamed developer and end user, the Morgan County Economic Development Corp. is seeking rezoning for a 391-acre site for the construction of a five-building data center.
Indiana has the juice to fuel surge in data centers
When it comes to large-scale data center activity, the Hoosier state has gone from what feels like zero to 60 in a little over a year.
Universities’ alliance set to boost microelectronics research
Two of Indiana’s top research universities are partaking in a four-way alliance that organizers that allows members to work on microelectronics projects using one another’s facilities and resources.
Elevate Ventures introduces host committee for 2025 Rally conference
Elevate Ventures, the creator of the annual Rally innovation conference, says now that the event is in its third year the time was right to launch a host committee that will oversee event planning.
Westfield sees potential for business with South Korean companies, starting with hotel
Westfield officials hope a proposed $50 million hotel by South Korean-based Lotte Hotels & Resorts could provide an opening for more business with the country. City officials are planning an economic development trip to Asia in March to explore the possibilities.
Bill to create Indiana-Ireland trade commission advanced by House committee
Through House Bill 1489, the state would establish a trade commission with Ireland to strengthen its business relationship with the country and exchange ideas on policy, economic development and infrastructure.
Westfield seeks state support for taxing district near Grand Park
The city will need state legislators to amend existing rules for professional sports and convention development areas for one to be created at Grand Park Sports Campus.
Indiana Sports Corp. seeks new round of funding through state bid fund
The Indiana Sports Corp. has already allocated most of the $10 million total it received for 2023 and 2024 for the Indiana Sports & Tourism Bid Fund, which it administers on the state’s behalf.