Angie's List Expansion: 1,000 New Jobs by 2019
Angie’s List announced today it will grow its Indianapolis headquarters by creating up to 1,000 new jobs in the next five years, as part of the biggest expansion in the company’s history.
Governor Mike Pence and Mayor Greg Ballard joined Angie’s List CEO Bill Oesterle, co-founder Angie Hicks and other company executives for the announcement in one of the company’s newly renovated buildings.
The expansion and growth represents a renewed commitment to the company’s corporate campus on Indianapolis’ Near Eastside and participating in the revitalization of the East Washington Street corridor.
“Angie’s List is very proud of growing our business right here in Indianapolis, and this campus has become part of our culture,” Hicks says. “People are excited to work here, play here and stay here. It’s really become a community.”
Pence praised the company for boosting the local economy and its distinctive role in the state’s culture.
“You’re bringing 1,000 new, good-paying jobs right in the heart of our capital city,” he says. “It’s going to mean jobs and opportunity for Hoosiers for generations to come. When you look at Hoosier success stories, Angie’s List is always on Indiana’s list.”
This marks the third major expansion for Angie’s List in three years. The company will grow its headquarters operations to 2,800 employees by the end of 2019; in 2011, the company employed just 500 people. Angie’s List already exceeded its previous commitments to the city and state, and plans to begin hiring soon for positions including information technology, sales and member services. The growth also consolidates 800 Angie’s List employees already working elsewhere in the city into one unified campus in the next few years.
Ballard spoke highly of the company’s efforts to revitalize the Near Eastside, Holy Cross Neighborhood, and the East Washington Street corridor, which he noted would attract additional business to the area.
“When you come out of downtown, you want it to look a certain way, and as you drive out and see the new building going on, it’s rather dramatic,” he says. “Five or 10 years ago, people would not have expected new building and architecture of this quality. It’s beneficial to have an anchor institution, somebody who really owns the area, and this placemaking is being driven by Angie’s List.”
Angie’s List also plans to invest more than $40 million to make improvements to existing facilities, renovate the 176,000-square-foot former Ford manufacturing facility into office space, and construct a parking garage with more than 1,000 parking spaces. The new garage is expected to be complete by 2016, and the new office building — currently owned by Indianapolis Public Schools and located just east of the company’s current campus on East Washington Street — by 2017.
The Indiana Economic Development Corporation offered Angie’s List up to $6.5 million in conditional tax credits and up to $500,000 in training grants based on the company’s job creation plans.
Pence added that the incentives are conditional, meaning Angie’s List doesn’t get the benefits without delivering on its promises. “We created an incentive structure that only becomes available once those jobs arrive,” he says.
The IEDC is also providing up to $2 million in infrastructure assistance from the state’s Industrial Development Grant Fund. The City of Indianapolis will consider additional incentives, including $9.6 million in assistance from the Downtown Tax Increment Finance District for construction of the parking garage and $6.75 million to Indianapolis Public Schools to offset the cost of relocating from the former Ford facility.