Firm Client Roosevelt IN LLC Secures Over $3.5M in Industrial Recovery Tax Credits from the Indiana Economic Development Corporation
Matthew Nolley and Justin Hage recently assisted firm client, Roosevelt IN LLC, in securing over $3.5M in Industrial Recovery Tax Credits from the Indiana Economic Development Corporation. The credits will be applied towards the redevelopment of a small complex of industrial buildings on the east side of Indianapolis. The project is slated to include a bouldering facility and office space geared towards tech companies. The main building on the site was built in 1898 and operated as a box company for over 60 years before slowly falling into disrepair.
This project is part of the revitalization of the Mass Ave industrial corridor (including the Circle City Industrial Complex) and the surrounding neighborhoods (including Woodruff Place and Holy Cross) in an area which was recently branded as “North Mass”. Please visit the project's website to learn more.
Bingham Greenebaum Doll LLP offers a full range of economic development legal services including assistance with state and local tax credits, real estate matters, public finance and more.