Two big developments coming to Noblesville

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By Sadie Hunter

 

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Exit 210 hotel and convention center

Sun Development and Management Corp. CEO Bharat Patel and Mayor John Ditslear show the rendering for Embassy Suites by Hilton, a 187,700-square-foot hotel with 198 suites, 20,000 square feet of conference space and 5,000 square feet of meeting space coming to the southwest intersection of Tegler Drive and Olio Road. Patel said he expects to break ground on the project in May.

At its March 15 meeting, the Noblesville Common Council approved the project’s preliminary development plan and had previously approved the establishment of an economic revitalization area, making way for a 10-year (100 percent for the first five years, 80 percent for the last five years) tax abatement. The abatement will end in 2029, at which point city officials say the city should expect to see approximately $879,000 annually in tax revenue.

 

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BlueSky: Making the western gateway

BlueSky CEO Todd Irwin, Noblesville Mayor John Ditslear and BlueSky President and COO Eric Warne show off the design for the 40,000-square-foot building.

Currently, BlueSky’s headquarters sit at 15570 Stony Creek Way, but the international company will soon have a new presence in the Federal Hill District, at the intersection of John and Osborn Streets, and in the city’s effort to expand downtown by development of the west side, BlueSky will be the first major development since the approval of the now-in-development Federal Hill Commons, both of which will help develop the city’s western gateway.

Last May, the Noblesville Common Council approved a $3.7 million incentive package to the company for its new 40,000-square-foot headquarters. At its March 19 meeting, the Noblesville Common Council approved the establishment of an economic revitalization area for tax abatements on the property for the company.

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