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Angie's List To Expand Headquarters

By Christopher Ayers, WFYI

Posted October 14, 2014

Angie's List is expanding its headquarters.

The online consumer review company Angie's List today announced plans to expand its Indianapolis headquarters on the city's near east side.

The expansion, which is expected to begin in 2015 and extend through 2019, is part of an incentive plan from the city of Indianapolis and the state.

The company says it will add hundreds of new jobs, growing its staff to approximately 2,800 by the completion of the expansion.

Angie's List plans to renovate the 176,000 square-foot former Ford manufacturing plant located just east of its East Washington Street campus. The building currently is a storage warehouse for Indianapolis Public Schools but will be converted into workspace.

The company also plans to move 800 current Indianapolis positions to its new campus location.

"For us, our business is growing fast and continuing to grow, so this is just keeping up with the needs of the business,"Â Angie's List co-founder Angie Hicks says.

Governor Mike Pence praised the decision to expand company operations in Indianapolis, saying it represents a trend of tech-based companies thriving in Indiana.

"We like to say Indiana is open for business. But it's especially true that Indiana is open for tech business today and tomorrow. Angie's List is proving that once again," he said.

The Indiana Economic Development Corporation will provide Angie's List up to $6.5 million in conditional tax credits and $500,000 in training grants, which are contingent on the company meeting its job-creation goals.

Mayor Greg Ballard says Angie's List's expansion could make the neighborhoods just east of downtown a destination for young professionals.

"When you see the new building that's around here, and you see the people who want to live right here-near downtown is obviously a part of that-but now a potential employer," he says. "It's something that says this is an area we can thrive in; this is where I can raise a family; this is where I want to live."

The company also plans to build a 1,000-car capacity parking garage across the street from its headquarters. Overall, it expects to invest $40 million into both projects.

The expansion announcement comes after the companyÂ laid off nearly 100 workersÂ in August andÂ restructured its debtÂ in September.

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Angie's List To Expand Headquarters

By Christopher Ayers, WFYI

Posted October 14, 2014

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