MTI is expected to be able to house up to 400 students. Kleinhenz said the abatement gradually decreases and that the estimated net property taxes would be around $120,000 per year. With the abatement, they will pay roughly $355,000 and save $485,000 in taxes before and pay in full by year eight.
The fact that MTI is coming to Brownsburg was a bit of surprise even to the school’s representatives.
“They wanted to come into the Indianapolis market and they drove in on I-74,” Kleinhenz said. “From I-74 they could see the Lincoln Business Park and thought it looked like a nice, highly visible location near the highway. So they drove through Brownsburg and went to their other appointments all day long and came on their way back home. They saw something that looked good in a good community.”
Sawyer said it was just chance that MTI officials happened upon Brownsburg.
“It’s a good story, actually,” he said. “It came out of nowhere.”
Sawyer said this fits perfectly with Governor-elect Mike Pence’s vision regarding vocational education that he shared during a recent visit to Brownsburg.
“It’s hand in glove, it really is,” he said. “Gov. Pence’s vision has been articulated and it’s being shared by the need. This type of skill set is needed, and this school has a history of success throughout the Midwest. We’re lucky to have them here to provide that type of training that’s needed for our residents here.”
MTI currently has four campuses across the Midwest.
For more information on the school, visit the website at midwesttech.edu.