Subsidy Tracker Individual Entry
Company:
Simon Property Group
Parent Company:
Simon Property Group
Subsidy Source:
local
Location:
Indiana
City:
Indianapolis
Project Description:
Circle Centre downtown shopping mall
Year:
1988
Major Industry of Parent:
real estate
Specific Industry of Parent:
real estate
Subsidy Value:
$187,000,000
Program Name:
tax increment financing
Awarding Agency:
City of Indianapolis
Type of Subsidy:
MEGADEAL 
Source of Data:
The subsidy value came from: "City-aided projects," Indianapolis Star, July 28, 2000. See also "Simon says, city does," Indianapolis Business Journal, April 20, 2009.
Notes:
The city initially issued $187 million in tax-increment bonds for the redevelopment district in which Circle Centre was built. It was later refinanced with a $293 million bond issue, some of which went for other purposes. Simon was general manager of the project. Overlaps with main Subsidy Tracker data: none.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
