Anderson Council to Vote on Warehouse Project Incentives
(photo courtesy Tippmann Group)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Anderson City Council will next month consider final approval of a tax abatement proposal for a major project from Fort Wayne-based Tippmann Group. The company plans to invest $30 million to construct a 250,000-square-foot warehouse in Anderson and create 60 jobs.
Tippmann broke ground on the project in November. The facility, which will be operated by Tippmann subsidiary Interstate Warehousing, is expected to open in August. The company expects the warehouse will ultimately cover 1 million square feet and employ 200 workers with an average salary of $56,000, according to our partners at The Herald Bulletin.
Additionally, the council has approved tax abatements for three separate projects that represent a total investment of more than $1 million and will create 20 jobs.
Indianapolis-based Storage of America is planning to move its corporate headquarters to the former Warner Press building near Anderson University. The company will invest $200,000 and create 15 jobs, thanks to a 10-year tax abatement approved by the council.
Kathleen Lamb, vice president of operations for Storage of America, tells The Herald Bulletin the company also plans to provide the rental of work space and open a retail store, as well as 50,000 square feet of self-storage space.
The council also approved a five-year tax abatement for Anderson-based Ark Developments, which is investing $977,000 to construct a new corporate office building at the Flagship Enterprise Center and create two jobs. BEZ Properties has received a three-year abatement on plans to invest nearly $58,000 to open a real estate office in Anderson and create up to three jobs.