Zionsville Times Sentinel

Local News

February 5, 2014

Lids abatement process begins

The next step has been taken to bring Lids to Creekside Corporate Park along 106th Street between Zionsville Road and Bennett Parkway.

The Zionsville Town Council unanimously approved Monday night, Feb. 3, to begin the process of providing Lids with a personal property and real property tax abatement. The council also waived the road impact, sewer connection, building and sign permit fees.

"This is your first step of three," town attorney Kim Blanchet said. "In order to award an abatement, you will need to name the 15.6 acres they are wanting to develop as an (Economic Revitalization Area). The next step is to have a public hearing in March, and after that you'll have a confirmatory resolution."

Lids plans to build a 150,000-square-feet corporate headquarters building on the town- and school-owned property. Estimated construction costs are $16 million. The company will employ 450 people with an average salary of $52,000 per year. Lids will also invest $3 million in IT equipment for the facility.

See Wednesday's Times Sentinel for the full story.

Text Only
Local News
Order Times Sentinel photos

Photos from April 2014

Twitter Updates
AP Video
Raw: More Than 100,000 Gather for Easter Sunday Raw: Greeks Celebrate Easter With "Rocket War" Police Question Captain, Crew on Ferry Disaster Raw: Orthodox Christians Observe Easter Rite Ceremony Marks 19th Anniversary of OKC Bombing Raw: Four French Journalists Freed From Syria Raw: Massive 7.2 Earthquake Rocks Mexico Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Deadly Avalanche Sweeps Slopes of Mount Everest
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide