Alt Construction Expansion Incentives

Alt Construction Expansion Incentives

Client Profile
Alt Construction is a privately held general contractor based in the Indianapolis region, established in 2006. The company has completed over 1,000 commercial projects and is recognized for consistent, on-schedule project delivery. Alt Construction is a key player in Indiana’s construction sector, specializing in design-build and procurement services across the Midwest.

Challenge
The client sought to expand in Whitestown, Indiana, and needed to maximize project ROI by leveraging local incentives. Navigating property tax abatement was complex, involving detailed government documentation and processes.

The Location Advisory team worked closely with the client, providing step-by-step guidance through the Town of Whitestown’s property tax abatement program for a 2023 expansion project.

Process

• Conducted an in-depth analysis of the client’s investment profile
• Led the application process for a tailored property tax incentive
• Acted as a strategic liaison between the client and the municipality
• Clarified program requirements and coordinated application submissions
• Ensured all deadlines and compliance benchmarks were met

Our Approach / Solution
Our Location Advisory team initiated the engagement by conducting a thorough incentives analysis for Whitestown and Boone County. Working side-by-side with the client, our experts managed direct negotiations with government stakeholders, developed precise incentive proposals tailored to speculative project criteria, and led the client through all required compliance and documentation steps. The focus was on capturing the highest value through real property tax abatements and similar programs structured to accommodate unknown future tenants.

Results
Our team’s proactive approach resulted in the client securing a substantial package of development incentives, including notable real property tax abatements designed to ease project costs from day one. The new facility, with a project value estimated near $5 million, moved forward with significantly reduced upfront tax liability.

• Estimated $422,205 in property tax savings achieved for the 2023 project year
• Direct impact on project profitability and regional growth potential