WEBVTT 1 00:00:00.000 --> 00:00:02.569 >> THE INDIANA PACERS AND CAPITAL IMPROVEMENT BOARD RECENTLY REACHED A DEAL TO KEEP THE PACERS AND FEVER IN TOWN FOR 2 00:00:02.569 --> 00:00:09.876 THE LONG-TERM, GOVERNOR HOLCOMB SIGNS A HATE CRIMES BILL AND THERE WERE MORE RETAIL CLOSURES IN THE U.S. 3 00:00:09.876 --> 00:00:15.281 THROUGH THE FIRST WEEK IN APRIL YEAR-TO-DATE THIS YEAR THAN ALL OF LAST YEAR. AMAZING STATISTIC THERE. 4 00:00:15.281 --> 00:00:19.919 WE HAVE A LOT TO TALK ABOUT IN THE WORLD OF ECONOMIC DEVELOPMENT IN INDIANA. FOR INSIGHT ON THESE TOPICS AND 5 00:00:19.919 --> 00:00:25.759 MORE, LET'S TURN TO NATIONAL SITE SELECTION FIRM KSM LOCATION ADVISORS CEO TIM COOK AND PRESIDENT KATIE CULP. 6 00:00:25.759 --> 00:00:32.699 WELCOME BACK! >> THANKS, GERRY. >> AS ALWAYS. WE BEGIN WITH THE PACERS DEAL, I 7 00:00:32.699 --> 00:00:40.974 CALL IT THE PACERS DEAL, THE FEVER ARE INVOLVED IN IT, IT INVOLVES MAJOR RENOVATIONS TO BANKERS LIFE FIELDHOUSE. 8 00:00:40.974 --> 00:00:51.851 A BIG NUMBER, TALK OF IN TOTAL OVER 25 YEARS INCLUDING OPERATION $800 MILLION, AT THE END OF THE DAY, YOUR TAKE ON 9 00:00:51.851 --> 00:00:57.924 GETTING THIS DEAL DONE? >> I THINK IT'S GREAT THIS IS PART AND PARCEL OF OUR REPUTATION AND OUR ECONOMY AND 10 00:00:57.924 --> 00:01:05.298 CAN YOU IMAGINE WHAT WOULD HAPPEN IF WE DIDN'T CONTINUALLY REINVEST. >> THERE'S SOME WHO MAKE THE 11 00:01:05.298 --> 00:01:13.773 ARGUMENT, IS THE INVESTMENT -- IS THERE A RETURN ON INVESTMENT, AND FROM A DOLLARS AND CENTS STANDPOINT, BUT THEN THERE'S 12 00:01:13.773 --> 00:01:22.782 ALSO -- IN ADDITION TO THAT, THERE IS THAT QUALITY OF LIFE, QUALITY OF PLACE, THE IMAGE AS A PROFESSIONAL CITY THAT HAS SOME 13 00:01:22.782 --> 00:01:25.952 ECONOMIC IMPACT AS WELL . >> . 14 00:01:25.952 --> 00:01:30.056 WELL. >> THE PACER DEAL, IT'S NOT A JOBS DEAL, IT'S WHAT DOES THIS GIVE TO THE BROADER COMEUFNLT I 15 00:01:30.056 --> 00:01:38.131 KNOW WITH THIS PROJECT, THEY'RE TALKING ABOUT SOME AMENTS AN THE AREA TO HAVE IMPACT NOT JUST 16 00:01:38.131 --> 00:01:44.204 TO THE IMMEDIATE AREA BUT AS YOU GET TO THE EAST SIDE, TO KATIE'S POINT, YOU CAN'T LOSE THE PACERS. 17 00:01:44.204 --> 00:01:51.778 >> AS YOU LOOK AT CHALLENGES FACING INDIANAPOLIS, THAT STATISTIC THROUGH THE FIRST WEEK OF APRIL, YEAR-TO-DATE THIS 18 00:01:51.778 --> 00:01:59.352 YEAR, 2019, MORE RETAIL CLOSURES IN THE U.S. THAN ALL OF LAST YEAR? THAT'S AN AMAZING STATISTIC. 19 00:01:59.352 --> 00:02:04.524 >> THE TIMES, THEY ARE ACHANGING. THESE ARE REALLY DIFFICULT PROBLEMS FOR CITIES AND STATES 20 00:02:04.524 --> 00:02:11.698 EVERYWHERE TO GRAPPLE WITH. THESE ARE BIG SPACES AND HOW DO YOU REDEVELOP THAT WITH PEOPLE WORKING REMOTELY, IT'S NOT AN 21 00:02:11.698 --> 00:02:17.136 EASY BACKFILL WITH OFFICE. THE CITY IS DOING SOME COOL THINGS TO TRY TO ADDRESS IT. >> I THINK IF YOU LOOK AT WHAT 22 00:02:17.136 --> 00:02:26.779 THE MAYOR AND HIS ADMINISTRATION HAVE DONE, THEY'VE MADE CASTLETON A PRIORITY, THEY'RE DOG RIGHT THINGS, RETAIL WILL IS 23 00:02:26.779 --> 00:02:32.485 NOT WHERE IT WAS EVEN FIVE YEARS AGO, IT'S GOING TO CONTINUE TO CHANGE AND WE'VE GOT TO BE PROACTIVE ON IT. 24 00:02:32.485 --> 00:02:41.661 >> GOVERNOR HOLCOMB HAS SIGNED A HATE CRIMES BILL GOING INTO THIS SESSION OF THE LEGISLATURE. THAT WAS EXPECTED TO BE A HOT 25 00:02:41.661 --> 00:02:49.469 BUTTON ISSUE, IT WAS. THE BILL WAS SIGNED, REPUBLICAN SUPPORTERS OF THE BILL CLAIMED VICTORY. 26 00:02:49.469 --> 00:02:54.440 OTHERS DON'T GO QUITE AS FAR, DON'T THINK IT WENT QUITE FAR ENOUGH TO REALLY MAKE A STATEMENT. 27 00:02:54.440 --> 00:03:03.049 >> I'M AFRAID IT'S A BIT OF A HOLLOW VICTORY. WHICH HAVE SUCH A THRIVING BUSINESS CLIMATE THAT IT'S 28 00:03:03.049 --> 00:03:11.491 UNFORTUNATE TO HAVE THIS LEGACY OF PERCEIVED INTOLERANCE FOLLOWING US AROUND. >> GOVERNOR HOLCOMB DESERVES A 29 00:03:11.491 --> 00:03:17.030 LOT OF CREDIT. I DON'T THINK ANYTHING GETS PASSED IF HE DOESN'T TAKE THAT LEADERSHIP ROLE TO. 30 00:03:17.030 --> 00:03:23.102 KATIE'S POINT, IT WAS A MISSED OPPORTUNITY. SAY I'M A CEO, I'M LOOKING AT INDIANAPOLIS, I MIGHT HAVE 31 00:03:23.102 --> 00:03:26.673 PRECONCEIVED NOTIONS ABOUT WHAT THIS CULTURE IS. WHAT I SAW THE LAST THREE MONTHS, IT PROBABLY DOESN'T 32 00:03:26.673 --> 00:03:30.143 CHANGE MY VIEWPOINT. WE'VE REALLY GOT TO CHANGE SOME OF THESE CULTURAL QUEUES THAT WE'RE SENDING TO COMPANY 33 00:03:30.143 --> 00:03:37.717 IES. GETTING OFF THE LIST IS FINE BUT IT'S A BIGGER PROBLEM THAN THAT. >> ANOTHER BIG ISSUE IN THE 34 00:03:37.717 --> 00:03:48.628 STATE IS OBVIOUSLY WORKFORCE, WORKFORCE DEVELOPMENT, GETTING THAT TRAINED WORKFORCE. BILL MAKING ITS WAY THROUGH THE 35 00:03:48.628 --> 00:03:56.402 STATEHOUSE HAS REALLY BEEN MAKING -- >> NEXT LEVEL JOBS, THIS HAS BEEN AN ISSUE GOVERNOR HOL COMB 36 00:03:56.402 --> 00:04:00.340 IS PASSIONATE ABOUT. THEY'VE DOUBLED THE FUNDING FOR THAT PROGRAM WHICH IS GREAT NEWS. 37 00:04:00.340 --> 00:04:07.647 YOU KNOW, THE LEGISLATURE SEEMS TO BE VERY FOCUSED ON WORKFORCE DEVELOPMENT NOW AND REAL FOCUSED ON CERTIFICATIONS AND THAT TIME 38 00:04:07.647 --> 00:04:15.254 OF THING, WHICH IS GOOD, BUT SOME OF THE PROGRAMS LIKE THE IADC ENHANCEMENT FUND HAVE BEEN UNDER ATTACK. 39 00:04:15.254 --> 00:04:20.226 >> YEAH, YOU'VE GOT TO REMOVE SOME OF THOSE CONSTRAINTS SO THAT COMPANIES CAN USE THE MONEY AND THEY'RE NOT JUST TRYING TO 40 00:04:20.226 --> 00:04:25.765 GO THROUGH SOME BUREAUCRATIC MAZE TO GET ACCESS TO THOSE FUNDS. >> TIM, WHEN YOU LOOK AT 41 00:04:25.765 --> 00:04:32.572 WORKFORCE TRAINING AND -- IT'S YOU SUCH A BIG ISSUE BUT FROM AN ECONOMIC DEVELOPMENT STANDPOINT, PUT IT IN PERSPECTIVE HOW 42 00:04:32.572 --> 00:04:37.744 IMPORTANT THESE TRAINING -- HAVING THESE TRAINING PROGRAMS AND VENUES AND AVENUES IN PLACE, HOW IMPORTANT IT IS. 43 00:04:37.744 --> 00:04:43.483 >> THEY'RE CRITICAL, AND IT GOES AGAINST -- IT GOES ACROSS EVERY INDUSTRY. WE HAVE IT WITH OUR TECH 44 00:04:43.483 --> 00:04:48.254 CLIENTSZ, WITH CLIENTS, WITH OUR INDUSTRIAL CLIENTS. ANY IDUSTRY THAT'S TRYING TO 45 00:04:48.254 --> 00:04:55.261 FILL A VOID, WHETHER IT'S LOCALLY TRYING TO FIND THOSE PEOPLE OR TRYING TOIM PORT TO IT TALENT. 46 00:04:55.261 --> 00:05:03.069 THEY HAVE PROGRAMS WORKING VERY EFFECTIVELY BUT WE'VE GOT TO MAKE SURE WE DON'T DISABLE WHAT MAKES THEM SO EFFECTIVE. 47 00:05:03.069 --> 00:05:07.473 >> THANKS FOR GREAT PERSPECTIVE ON SOME OF THE TOP ISSUES IN THE STATE. >> THANKS, GERRY.