Gary selling former housing siteNovember 3, 2020
By The Associated Press
GARY — The city of Gary is selling a former public housing site to a California-based tech company that plans to move its corporate headquarters to the northwestern Indiana city and build a plant there.
The 27-acre former Ivanhoe Gardens housing site will be sold to Akyumen Industries for $50,000, according to an agreement between the Gary Redevelopment Commission and the company, The (Northwest Indiana) Times reported.
Los Angeles-based Akyumen Industries, which makes smartphones, tablets and smart watches, has tentatively selected the site on Gary’s west side as its first corporate headquarters in the U.S.
The company announced last week that it expects to build a new plant at the site which will employ between 500 and 2,000 people as it ramps up in the areas of construction, high-tech manufacturing and service.
Akyumen Industries is expected to seek out state incentives in the form of tax breaks, and not request any incentives from the city, said Eric Reaves, executive director of Community Investment who oversees the city’s Redevelopment Commission.
He called it an exciting time for Gary.
“To have the first cellphone assembled in the U.S. in Gary, Indiana is transformative,” Reaves said.
Before building at the former Ivanhoe site, Akyumen Industries intends to move its headquarters to the Genesis Convention Center, a 7,000-seat arena in the city’s downtown.
Last week’s announcement that Akyumen Industries would soon call Gary home was largely welcomed with enthusiasm by residents, but council members critical of the current administration said they are skeptical of the company’s promise to transform the Steel City into a Midwest tech hub.
More on DuboisCountyHerald.com
The Indiana State Department of Health has reported 83 new COVID-19 cases in Dubois County since...
The crisp air and colorful leaves of fall bring our favorite traditions of the season.
The Indiana State Department of Health reported Friday 38 new COVID-19 cases in Dubois County.
Those who celebrate Christmas have debated for decades over the ideal time to decorate. Some say...
Steve Schwinghamer will be Huntingburg’s new leader. He was elected mayor by a caucus of...
State Sen. Erin Houchin, R-Salem, has been named 2020 Legislator of the Year by The Arc of...
The Indiana State Department of Health reported Thursday another COVID-19 death in Dubois...
Former Herald reporter Allen Laman reflects on his time in Dubois County.