Brownsburg leaders officially approved one of the largest projects in the town’s history. The $435 million life science facility is expected to create hundreds of high-paying jobs.
Thursday night, the Brownsburg Town Council decided to move forward with the development, referred to as “Project Falcon.” The facility will be located in the Ronald Reagan Logistics Center near Interstate 74 and North County Road 900 East.
WATCH FULL STORY BELOW
While the company behind the project has not yet been named, an announcement could come soon, say city leaders.
“It’s a global company that employs over 60,000 people, and they are essentially moving a second headquarters to Brownsburg,” said Town Council President Travis Tschaenn.
The Brownsburg Economic Development Commission already gave initial approval for the town to issue more than $80 million in municipal bonds to support the project.
“It’s not a town-backed bond, so the town is not on the hook for any money,” Tschaenn said. “It’s a way to get it done without putting any pressure on our community.”
The company is also expected to receive a 10-year personal property tax abatement on about $95 million in new equipment, while still paying roughly $1.8 million in taxes during that period.
Town officials say the facility will combine office, laboratory, and manufacturing spaces. It's expected to bring approximately 18 hundred jobs to the area, including 300 new positions. The average wage for those new jobs is expected to be $45 an hour.
The new facility will be built next to the planned HarperCollins Publishers supply chain logistics facility. It will be another major project to anchor Brownsburg’s growing logistics and innovation corridor.
Longtime resident Chris Holifield has watched the town grow dramatically over the last two decades. He calls the new life science facility another step in Brownsburg’s transformation.
“It’s just boomed, and there's a lot of new businesses, a lot of new people, homes going up everywhere,” Holifield said. “It’ll be good, especially because a lot of people are hurting and need jobs right now.”
Construction on Project Falcon is expected to begin in 2026, with completion anticipated by the end of 2028.
“We’re excited they chose Brownsburg,” Tschaenn said. “Just like HarperCollins, both are big projects bringing hundreds of jobs to our community.”
