Metropolitan Development Commission Agenda Packet 2026-06-17
Four-Year Tax Abatement Proposed for CCBCC Operations
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Description
The Metropolitan Development Commission advanced a preliminary resolution granting CCBCC Operations, LLC a four-year, 50% personal property tax abatement on up to $31.5 million in new beverage manufacturing equipment at 5000 West 25th Street. The Economic Revitalization Area designation would run through December 31, 2028, supporting job retention and creation.
Contract Details
Vendor
CCBCC OPERATIONS LLC
Agency
City of Indianapolis, IN
Contract Type
FINANCIAL_SERVICES
Document Date
June 17, 2026
Contract Term
four (4) years personal property tax abatement; ERA designation terminates December 31, 2028
Renewal Date
2028-12-31
Renewal Info
Preliminary ERA designation terminates December 31, 2028; final designation and any continuation require a confirming resolution after the July 15, 2026 hearing.
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