Infosys Plans United States Education Center in Indianapolis, Indiana
The company will initially redevelop 70.5 acres, with an option to double that footprint in the future, on the site of the old Indianapolis airport terminal at the intersection of Sam Jones Expressway and South High School Road.
Infosys will invest $35 million to establish its U.S. Education Center, acquiring 70.5 acres and building out the first 125,000 square feet that will comprise a training center and a 250-person residential facility.
The project, which will be developed in multiple phases over the next several years, is expected to expand into a $245 million, 141-acre, 786,000-square-foot campus. Infosys' vision for the finished site includes regeneration of the area to feature walkways, outdoor spaces and recreational facilities.
“We are excited to partner with Indiana to grow our U.S. presence by building our U.S. Education Center here, which is dedicated to continuous learning and incubating the skills of the future,” said Ravi Kumar, President of Infosys. “At Infosys, we have always invested in advanced technology and skills and bring deep experience from running the largest corporate training facility in the world. Our new Indianapolis facility will prepare our American employees, and those of our clients, to master the kinds of advanced skills that are now required to succeed in our digital future.”
The center will also offer training programs to clients that want to reskill their own employees. Using learnings and best practices from Infosys' Global Education Center in Mysore, India, the world's largest corporate university, and partnerships with academia and education providers, the initial training programs will combine classroom-based and immersive, real-world learning focused on key competencies such as user experience, cloud, big data, and core technology and computer science skills.
Infosys plans to break ground on the first phase, the U.S. Education Center, before the end of 2018 and anticipates its completion by the end of 2020. To support its expansion plans, the company has increased its hiring commitment in Indiana from 2,000 to 3,000 new jobs by the end of 2023. Infosys recently cut the ribbon on its initial 35,000-square-foot Technology and Innovation Hub at OneAmerica, which already hosts more than 150 employees, and continues to hire for developers, analysts, architects, domain consultants and other technology professionals.
Pending approval from the IEDC Board of Directors, the IEDC will offer Infosys up to $56.5 million in conditional tax credits and up to $1.5 million in training grants based on the company's plans to create 3,000 new jobs by 2023. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The IEDC will also offer Infosys up to $6 million in conditional tax credits from the Hoosier Business Investment program based on the company's significant capital investment plans.
The city of Indianapolis will facilitate the rehabilitation and transfer of the existing 2,000-car parking garage to Infosys. Additionally, the city will contribute real estate and necessary improvements over the course of the phased project to include $8 million in infrastructure improvements and up to $9.8 million in real estate. The IEDC will provide up to $20 million over 10 years from the Industrial Development Grant Fund to support these improvements at and surrounding the campus development.
These incentives are subject to the approval of the IEDC Board of Directors, Indianapolis Airport Authority Board, Metropolitan Development Commission and Indianapolis City County Council.
“Indiana isn’t just a state that works, it’s a state that works together. As we celebrate Infosys' growing footprint in Indianapolis, I want to recognize Governor Holcomb's vision and commitment to collaboration that helped make it possible. Our city is attracting international attention as the tech hub of the Midwest and this transformative project will provide continued momentum for all of central Indiana,” said Mayor Joe Hogsett.
“This project is a prime example of the airport’s commitment to delivering public value to the community,” said Mario Rodriguez, Indianapolis Airport Authority Executive Director. “Through a collaborative effort with the city and state, we’re proud to welcome Infosys to the Indianapolis International Airport campus. Their training facility will help to transform lives and connect people as Indy continues to attract tech talent by the plane full.”
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