$2 million tax break sought for spec building project at Main Street, I-65 in Greenwood

An undeveloped property at the northeast corner of the Main Street interstate interchange could soon be developed if the Greenwood City Council approves a $2 million tax abatement request.

Thompson Thrift, a Terre Haute-based real estate and development company, plans to construct two speculative buildings of less than 150,000 square feet on about 15.5 acres of land at the northeast corner of the Interstate 65 interchange at Main Street. This land is currently the site of a home and farmland. The buildings are designed to attract advancing manufacturing, light assembly, life sciences and tech-focused companies, according to city documents.

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