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Huntsville council approves Eli Lilly site agreement, pledges workforce and incentives
Summary
The Huntsville City Council approved a project-development and property transfer agreement with Eli Lilly for a multi‑building API manufacturing campus on a city‑owned site, committing a 260‑acre parcel, workforce training funds and a 10‑year tax abatement; council emphasized job creation and a phased $4.2 billion minimum initial investment.
Council members voted Feb. 12 to authorize a project-development agreement and property transfer enabling Eli Lilly and Company to build an active pharmaceutical ingredient manufacturing campus on a city‑owned site at the northeast corner of Exit 3 of I‑565 and Greenbrier Parkway.
Shane Davis, the city’s director of urban economic development, told the council the site selection was the result of a national, competitive process and said the company’s initial phase would occupy about 260 acres of the city tract. Davis said the publicly announced capital commitment is $6 billion overall, with a minimum initial investment of $4.2…
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