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)
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
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
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
Katie Culp has been named to the Indianapolis Business Journal’s Indiana 250, a list of the most influential business leaders across the state in multiple industries. Culp was selected for her many accomplishments in the economic development and real estate arena. She currently serves as CEO of KSM Location Advisors, Katz, Sapper & Miller’s site … Continue reading Katie Culp Named to IBJ’s Inaugural Indiana 250
This article originally appeared in the IBJ.com. As the dust settles from this year’s session of the Indiana General Assembly, there is one piece of legislation that communities across Indiana should pay attention to as it relates to our state’s ability to attract new jobs and investment. Senate Bill 361, recently signed into law by … Continue reading Approach New Innovation Districts with Optimism
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
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
FISHERS, Ind. (June 16, 2021) – Stevanato Group, a global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries, announced intentions today to locate its new U.S. operations in Fishers. The company is expected to create more than 230 new jobs in Hamilton County by the end … Continue reading Stevanato Group Chooses Indiana for New US Facility to Support Pharma Industry
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