Noblesville boasts $1 billion in capital investment – WISH-TV | Indianapolis News | Indiana Weather forecast

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NOBLESVILLE, Ind. (Inside INdiana Business) – The City of Noblesville says $1 billion in private capital investment has been committed to the city since the start of 2020. Mayor Chris Jensen says the investment has been strategic for the city ​​follows market demand while maintaining its authenticity.

The majority of investment comes from four areas. The first is a series of downtown projects totaling more than $145 million, including the Nexus apartment complex, as well as the Village at Federal Hill and Lofts on Tenth developments, which were announced during the keynote speech. state of the city of Jensen in 2020.

Other major capital projects include Hyde Park ($142 million), Washington Business Park ($135 million), and River West ($118 million).

“We had big plans ahead in this administration and we didn’t let the pandemic slow us down,” Jensen said in written remarks. “We knew we had to meet the growing need for housing and businesses looking to build new buildings or relocate, while preserving and enhancing our historic downtown.

The city also cites companies such as Curium Pharma, BlueSky Commerce, and Noble Industries, which have chosen to expand their operations in Noblesville. In total, businesses in the city have invested more than $78 million in expansions.

The $1 billion total does not include infrastructure investments made throughout the city, as well as the expansion of sanitary sewer lines.

Sarah Reed, the town’s director of community development, says the investments will make Noblesville more attractive to businesses and individuals looking to relocate and expand.

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