Indianapolis is My Home

22
Aug

Angel Learning Re-Locates Offices and Expands in Indianapolis

Author: Jason Bean, Category: Business, Government, Northwest Side, Real Estate

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Angel Learning announced today that is moving it’s corporate headquarters to Indianapolis. That’s funny though because they’re already here. The fact is they’re relocating their offices from one side of I-465 to the other up on the northwest side. Only 1.9 miles away to be exact.

They’ll be moving into some of the new office space that’s being developed at Intech Park up around I-465 and 71st street. Good to know that new road construction and improvement will continue to get it’s workout in the area.

The city is giving them over $2.5M in tax breaks and training grants for the move. If you read the comments in the article, there’s lots of discussion about the tax break implications. With the way the current tax system seems to be messed up in the city, do these types of agreements really help or continue hurting us in the long run?

Adding 120 new jobs that are well-paying is always a good thing for the economy, but it sounds like they’re just getting a well paid moving bill to relocate their offices, which is needed. I think I’d understand it a little bit more if we were wooing them from another state with these credits.

What do you think?

Source: Software company adds 120-plus jobs