A bill that would allow Indiana tech parks to capture a larger share of tax revenue is poised to become law after the Senate voted unanimously Monday to advance the legislation to the governor’s office.
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To meet the water demands of an innovation district planned for just north of Lebanon, state officials are exploring the idea of tapping into the Wabash aquifer in Tippecanoe County.
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Officials at 16 Tech on Wednesday unveiled a bridge design that they say is both pedestrian-friendly and architecturally unique. The overall project, which includes the bridge and related road work, has an estimated $20 million-plus price tag.
Read MoreThe design team announced Wednesday will be led by Stuttgart, Germany-based engineering firm Schlaich Bergermann Partner, or SBP, in collaboration with New York City-based Practice for Architecture and Urbanism, or PAU, and seven other firms.
Seventeen of the state’s 23 tech parks have either hit or soon will hit the cap on the amount of tax revenue they can capture—and the people who run the sites say that puts all their progress at risk.
The 16 Tech Community Investment Fund is seeded with $3 million and plans to issue up to $1 million in grants in 2020.
The ceremony will take place at 10 a.m. July 11 at the construction site, which is bounded by 16th Street on the north and 10th Street on the south, between Indiana Avenue and the White River.
The intent is to create an entrepreneurial ecosystem, filled with services and amenities that would make it easy for Purdue graduates and faculty to pursue their careers or start businesses in West Lafayette.
Netfor, which already has 119 Indiana employees, said it has begun hiring for positions in sales, customer service, cloud support and field operations.
Lenovo will change how it sells laptop computers as part of a settlement reached with federal officials and 32 states, including Indiana.
The designated area encompasses most of downtown, including the North East Commerce Park—where Launch Fishers is located—and part of the Nickel Plate District.
City leaders want to make the 60-acre tract of land just north of the Indiana University School of Medicine campus a mix of all of the best the city has to offer and catch the eyes of more creative and highly sought-after workers.
Strong leadership is needed for the urban Indianapolis tech park to hit its high potential.
The envisioned 26-acre, $200-million-or-more complex would bridge IU’s School of Medicine with the city’s life sciences firms, including those at the nascent 16 Tech, a business park.
Officials will be seeking approval from the eastern Indiana city's Redevelopment Commission to use money from a $5 million state technology park grant to buy 14 acres and two buildings that once belonged to Dana Corp.
Officials consider expanding facility that got off to a slow start but began filling up last fall.
A federal grant will pay most of the costs for an $8 million conference center that officials hope will help attract business
to a technology park near the Crane Naval Surface Warfare Center.
State officials are giving Shelbyville’s struggling Intelliplex business park another chance to use tax incentives to land
new companies
and high-paying jobs.
Zuna Infotech will locate in Kokomo’s Inventrek Technology Park, a high-tech business incubator and state-certified technology
park.
Despite recent investment by Major Health Partners, Shelbyville’s technology park is about as far from meeting state
standards as it was two years ago.
For a city feverishly growing its technology and life sciences sectors, it seemed a bit anticlimactic last January when
Purdue University dedicated its new technology center with only one tenant. But the lone tenant in the $12.8
million complex, FlamencoNets, a high-tech telecommunications firm, is about to get some company.
