Baker Group plans to begin construction on a 37,500 square-foot expansion of its campus in Ankeny this summer, a project that will allow the multi-discipline company to continue to create jobs to meet growing client demand.
The Ankeny City Council approved a development agreement for Baker Group’s expansion at its meeting on Monday.
According to the development agreement, Baker will invest about $11 million with the city providing a property tax rebate equal to 90% of the Tax Increment Financing eligible amount of property taxes paid on the value of the improvements, not to exceed $650,000 over 6½ years…