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Decoding Tax Increment Financing (TIF)

Nov 15, 2023 | Chad Miller, CMI
Certified Tax Representative

Tax increment financing (TIF) is a tool used to fund economic development by capturing future increases in property tax dollars generated from new industrial, commercial, or even residential development. This increase in property tax dollars is the incremental increase in assessed value that is typically determined by an assessor once the construction of the improvements … Continue reading Decoding Tax Increment Financing (TIF)

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A Message to CREs: What’s Old Is New Again

Oct 5, 2023 | Katie Culp, MBA

This article originally appeared in Area Development. I’ve spent the last 25 years working in and around economic development. The last 18 have been spent in the private sector working with companies interested in locating new or expanded facilities and exploring economic incentives that support their growth plans. I’ve been in the industry so long, … Continue reading A Message to CREs: What’s Old Is New Again

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Katie Culp Named to IBJ Media’s Indiana 250
for Second Consecutive Year

Jul 20, 2023 | KSMLA

INDIANAPOLIS – Katie Culp has been named to IBJ Media’s Indiana 250, a list of the most influential business leaders across the state of Indiana in multiple industries, for the second consecutive year. Culp was chosen for her many accomplishments in the economic development and real estate field. She currently serves as CEO of KSM … Continue reading Katie Culp Named to IBJ Media’s Indiana 250
for Second Consecutive Year

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Responding to the New Reality: Robots vs. Humans

Jun 27, 2023 | Katie Culp, MBA

This article originally appeared in Area Development. These days, almost any consumer can tell you that our country has a workforce problem. From daily, negative retail experiences to delays in consumer product shipping, even my 72-year-old mother knows that businesses are challenged to find the employees needed to meet demands. (And boy, does she verbalize … Continue reading Responding to the New Reality: Robots vs. Humans

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Indiana General Assembly Makes Forward Moves in Economic Development During 2023 Session

Jun 15, 2023 | KSMLA

Economic development is a constant priority for the Indiana General Assembly, and 2023 was no exception. During this year’s legislative session, lawmakers added funding to a variety of incentive programs that promote investment in Indiana – and created other economic development programs anew. Highlights include a second round of funding for the popular READI program, … Continue reading Indiana General Assembly Makes Forward Moves in Economic Development During 2023 Session

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READI 2.0: Insights for Indiana’s
Real Estate Community

Apr 5, 2023 | KSMLA

In 2021, Indiana launched the Regional Economic Acceleration and Development Initiative (READI), dedicating $500 million in state funding to promote strategic investments in regions throughout the state. The program was such a boon – returning more than $8 billion to the state’s economy – that Gov. Holcomb petitioned the state legislature for a second round of … Continue reading READI 2.0: Insights for Indiana’s
Real Estate Community

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New KSM Location Advisors President Breaks Down Effects of Pandemic on the Economic Development World

Nov 18, 2021 | KSMLA

Determining the location of a company’s next facility or assessing whether to move existing operations have always been high-stakes, complex decisions for management teams. But these decisions have become even more challenging since the COVID-19 pandemic injected unprecedented elements of uncertainty into the economic environment – and everyday life. By creating supply chain, workforce, and … Continue reading New KSM Location Advisors President Breaks Down Effects of Pandemic on the Economic Development World

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Snack Food Maker to Relocate to Lebanon

Nov 11, 2021 | KSMLA

LEBANON, Ind. (November 9, 2021) –A cereal and snack food company has announced plans to relocate its manufacturing facility from Frankfort to Lebanon. New York-based Catalina Snacks says it will lease a 100,000-square-foot space in the Lebanon Business Park. The food maker, which specializes in keto-friendly products, says it made the decision to move because … Continue reading Snack Food Maker to Relocate to Lebanon

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Industry Vet Named President of KSM Location Advisors

Jun 23, 2021 | KSMLA

This article appeared in the June 22, 2021, issue of the Indianapolis Business Journal. Mark Mitchell is making a homecoming with his hiring as president by KSM Location Advisors, the Indianapolis-based national site-selection firm announced Monday. The Arsenal Tech High School, Indiana University and Anderson University graduate grew up in Indianapolis and worked in the … Continue reading Industry Vet Named President of KSM Location Advisors

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Health Care and Life Sciences Startup Expanding in Indiana, Adding 150 Jobs

Jun 3, 2021 | KSMLA

CARMEL, Ind. (June 3, 2021) – Syra Health, a startup health care and life sciences company, announced plans today to expand operations in central Indiana. The company committed to creating up to 150 new jobs by the end of 2025 and has already hired 24 toward its goal. “Indiana has earned a reputation as a … Continue reading Health Care and Life Sciences Startup Expanding in Indiana, Adding 150 Jobs

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