Merrillville approves 10-year tax abatement for Millennium Construction headquarters in Ameriplex

The Merrillville Redevelopment Commission on June 24 approved Resolution 25-12, granting a proposed 10-year real property tax abatement to Millennium Construction for a new headquarters and warehouse in the Ameriplex business park.

Nut graf: Millennium Construction plans an approximately 11,300-square-foot warehouse-office building on about 2.3 acres to serve as its Northwest Indiana headquarters. Staff described the project as an approximate $2,500,000 investment that would create roughly 50 temporary construction jobs and 22 full-time permanent positions (retaining 12 existing employees and adding about 10 new hires).

Angie presented staff details including current assessed value and expected post-investment tax assessment. Staff said the current parcel is assessed at about $5,300 and currently pays roughly $22,260 in taxes; after construction they estimated annual taxes could increase to about $75,000. Ross Brown, the project representative, said the company expects average annual salaries to range broadly, and staff characterized payroll estimates as contributing to local revenue growth.

The Economic Development Committee provided a favorable recommendation June 17, staff said. Commissioners asked whether the company intended to seek abatements for temporary offices outside Indiana; the applicant said the North Carolina location would be a temporary rental and not part of the abatement request.

Ending: The commission adopted Resolution 25-12 by roll call vote 5-0. The action moves the abatement forward for required council-level approvals and related incentive documentation.