Last week, our Hamilton County Leadership Academy cohort gathered at the Carmel Clay Public Library for a class focused on workforce and economic development.
Carmel Mayor Sue Finkam opened the day by discussing the city’s place-based development strategies designed to attract both businesses and a skilled workforce. Carmel has made significant investments in transforming its downtown into a vibrant, mixed-use hub combining residential, retail, and cultural spaces. This development has enhanced the city’s appeal to professionals and employers alike, helping attract top talent and new businesses.
Another major success in Hamilton County’s economic development is the Grand Park project in Westfield. William Knox, President & CEO of Legacy Sports Group, explained how Grand Park has become a catalyst for economic growth and job creation. The park hosts national and international sports events, generating millions in tourism and hospitality revenue annually. Beyond sports, the development has spurred growth in surrounding retail, hospitality, and real estate sectors.
Hamilton County has also leveraged tools like Tax Increment Financing (TIF) to encourage private investment and fund infrastructure projects without burdening taxpayers. TIF allows local governments to redirect property tax revenues from new developments back into the area, supporting additional improvements and services. This approach has helped attract major companies and residential developments, fostering economic vitality across the county.
We also discussed ongoing workforce challenges, especially with increasing demand for workers across diverse industries. During a roundtable discussion, local leaders – including Terry Anker, The Anker Consulting Group; Christina Collins, Ivy Tech Community College-Hamilton County; Bob Dubois, Noblesville Chamber of Commerce; Bailey Rayford, Kendal Logan Logistics; Alexis Sowder, KSM; and Mike Thibideau, Invest Hamilton County – highlighted the difficulty in retaining talent, developing a skilled workforce that aligns with employer needs, and the growing affordability issue in the housing market.
Our class day was filled with reminders of why Hamilton County consistently ranks as one of the state’s best places to live and work. I’m grateful to be part of this community and thankful for the opportunity to learn through HCLA!