Interactive Intelligence Group Inc., a global provider of business communications software and services, plans to expand its Indianapolis, Indiana, headquarters, creating up to 430 new high-wage jobs by 2016.
According to Indy Chamber officials, the homegrown-Hoosier company is in negotiations to lease and equip a new 112,000 square-foot office building with a total cost of approximately $28 million to be constructed on its campus on the northwest side of Indianapolis. The company currently occupies nearly 300,000 square feet spanning four buildings. Construction is anticipated to begin this summer, with the new facility expected to open its doors in the third quarter of 2015.
"Interactive Intelligence's success shows that you don't need to be in Silicon Valley to be a market leader," said Dr. Donald Brown, Interactive Intelligence Founder/CEO. "Indiana's great universities, low cost of living and excellent quality of life enable us to attract and keep top talent, which is at the heart of our business. Our dynamic growth is a credit to our Indiana team, keeping us confident in what lies ahead."
"As cloud-based software grows worldwide, Indy continues to increase its strong foothold in the market with companies like Interactive Intelligence," said Brian Gildea, Vice President of Indianapolis Economic Development for the Indy Chamber. "The quality, high-paying jobs that Interactive Intelligence is planning to create in Indy shows that Indy's information technology industry is thriving with a qualified workforce and a business climate that promotes growth."
"Companies like Interactive Intelligence that offer high-tech job opportunities help us attract and retain talented people in Indy," said Indianapolis Mayor Greg Ballard. "Interactive Intelligence's phenomenal growth sends a powerful message to people seeking jobs in the tech field and other similar companies about the strong economy and talent pipeline in Indy."
"Hoosiers are driving the future of technology, with a tech community that's strong and fueled by impressive home-grown success stories like that of Interactive Intelligence's," said Governor Mike Pence. "In Indiana, high-tech companies gain an advantage over their competition with a business climate that is affordable and a talented workforce at their fingertips. We've built Indiana into a state that works, designed to poise companies for days like today, where the future is bright with opportunity."
The Indiana Economic Development Corporation offered Interactive Intelligence Group, Inc. up to $8,300,000 in conditional tax credits and up to $300,000 in training grants based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The City of Indianapolis will consider additional tax abatement at the request of Develop Indy, a business unit of the Indy Chamber.