The company, which provides appraisal and land valuation services to mortgage lenders, will invest more than $1 million to move its current Greenwood, Ind. operation to 30,000 square-feet of existing office space on Indianapolis' south side.
"This is the biggest economic development announcement to hit House District 90 in over 10 years," said Rep. Murphy. "Not since St. Francis Hospital expanded its operations have we seen this kind of job-growth potential, and the news could not have come at a better time for southsiders."
Gov. Mitch Daniels joined executives from real estate appraisal provider StreetLinks National Appraisal Services today to announce the company's plans to expand its central Indiana operations here.
"In a down economy, good companies capture new business and emerge stronger than ever," said Gov. Mitch Daniels. "StreetLinks' commitment to grow by nearly tenfold in Indiana is an encouraging vote of confidence in our state and its people."
StreetLinks currently employs 70 associates in Greenwood and plans to begin hiring additional operations associates and managers immediately ahead of the new facility's opening in March.
"The dramatic increase in our business necessitated adding both staffing and space," said Steve Haslam, chief executive officer of StreetLinks. "We are adding significant national and regional accounts that appreciate our entire value proposition that includes a level of hands-on service and attention to detail that other appraisal management companies simply can't match. It is critical that we maintain our staffing levels to continue servicing our customers beyond their expectations."
Founded in 1996 as Superior Appraisal Services, the company quickly grew to among the largest appraisal providers in the Midwest. The company developed its proprietary PipeFire appraisal management software in 2006 that continues to be the base of StreetLinks' operation.
The Indiana Economic Development Corporation offered StreetLinks up to $310,000 in performance-based tax credits and up to $100,000 in training grants based on the company's job creation plans. The city of Indianapolis and Indianapolis Economic Development, Inc. will support property tax abatement for StreetLinks before the Metropolitan Development Commission.
"I'm happy to welcome Streetlinks to Indianapolis and I'm excited about their plans to provide so many new, high-quality jobs. Their focus on innovation and customer service is impressive and should serve them well as they continue to grow," said Indianapolis Mayor Greg Ballard.
StreetLinks announced expansion comes only two weeks after luxury hotel supplier Gilchrist and Soames announced it would invest more than $3 million to expand its global headquarters and manufacturing operations on the city's east side, creating 40 new jobs.
"StreetLinks is a reputable appraisal provider that ensures home buyers receive valid appraisals unswayed by mortgage lenders," said Rep. Murphy. "They are a welcome and much-needed addition to our local business community."