HomeAdvisor will expand its operations in Indianapolis, IN, investing $1.9 million and creating up to 170 new jobs by 2017. The company is the nation’s leading online home improvement marketplace based on revenue and number of sales professionals.
The Denver-based company will more than double its footprint in Indiana, expanding its current office space and adding another facility, which is expected to be complete in March 2017. Both locations will include collaborative workspaces, training rooms, employee lounges and adjustable standing workstations to accommodate the company’s growing sales team.
“Our Indianapolis team offers unrivaled talent and energy – and we look forward to expanding our presence in the Hoosier state,” said Craig Smith, president of HomeAdvisor. “With domestic revenue up 39 percent year over year, the company is on an incredible trajectory. The opportunity for employees to grow and succeed is significant.”
Founded in 1999, HomeAdvisor has connected more than 40 million homeowners across the nation to its network of prescreened home service professionals. In addition to its headquarters, the company has offices in Colorado Springs, Denver and Golden, CO; Indianapolis; Kansas City and New York City. Beyond Colorado, Indiana is the only state where HomeAdvisor has multiple offices, which are strategically designed to establish and maintain intimate environments for its employees in urban neighborhoods.
HomeAdvisor employs more than 2,000 associates throughout the country, including 70 full-time employees in Indiana. The company has been recognized as a top place to work in both Colorado and Kansas, and fosters an energetic atmosphere with a focus on personal and departmental growth, community involvement and a work-life balance.
“Across the state, job creators like HomeAdvisor are seeing the benefits of doing business in a state that works,” said Governor Mike Pence. “With office locations across the nation, HomeAdvisor had choices on where to grow, but opted to create jobs here because of our low-cost, low-tax, pro-growth business climate and our skilled Hoosier workforce. Indiana is now recognized among the top five states for doing business, and today’s news marks another milestone for our economy, which has added more than 161,800 new jobs since 2013.”
The Indiana Economic Development Corporation offered HomeAdvisor Inc. up to $1,250,000 in conditional tax credits based on the company’s job creation plans. Because the tax credits are performance-based, the company is not eligible to claim incentives until employees are hired. The city of Indianapolis is supporting the project in partnership with Develop Indy.
“Technology has made everyday information gathering so much more accessible via services like HomeAdvisor,” said Indianapolis Mayor Joe Hogsett. “As Indy’s diverse neighborhoods continue to grow, services like HomeAdvisor offer an opportunity for our citizens to find the best resources available. While the nation continues to invite the resources of HomeAdvisor into its homes, we’re excited that this great organization has chosen to expand in ours.”
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