economic - columbian park zoo

communitywhereadvanced manufacturingthrives,next-generation scienceandtechnologyleadtobreakthroughadvancements,educationopensdoorsof opportunity,andthearts,recreation,after-hourslifeandaffordablehousingcombinetoassurearobustqualityof life—thatdefinesGreaterLafayette,Indiana.Atthecore:aproactive,go-after-itcommunitycommittedtoworkingtogetherandsustainingeconomichealthandgrowth.

Successessofarin2013includeSubaruof Indiana’sannouncementof a$450Mexpansion,launchof threeco-workingfacilities,severalnewbanks,dozensof newrestaurantsandretailers,andhealthcareexpansions.EquallyimpressivearethecollectiveeffortsmovingthecommunityforwardinareasfromworkforcedevelopmenttoWabashRiverenhancement.

Italladdsuptostellarrankings—Fortune’sNo.1BestPlaceforSmallBusinessinIndianaandNo.8nationally—alongwithotherenviablerecognitionsasGreaterLafayetteclaimstherighttobecalled“ThePlaceof Choice.”

2013 HigHligHts$768Mincapitalinvestmentsmadeorannouncedbymid-year2013;previousyears:

2012: $646.1M

2011: $444.3M

2010: $640.1M

2009: $341.0M

2008: $592.9M

• $603.6Minindustryconstructionrecentlycompleted,underwayorannounced

• 34newretailers/restaurantsopenedorannouncedbymid-year2013(41in2011;35,2010;40,2009)

• 1,099homessoldbymid-year2013(1,627in2011;1,674,2010;1,700,2009)

• 221newsingle-familybuildingpermitsbymid-year2013(462in2011;381in2010;405in2009)

Focus on Growth, Community Paying Dividends

Quick Glance, 2013 Activity

BUsiNEss AND iNDUstRY

Advanced Manufacturing

AlcoA,$93Mnewplantunderway

HEARtlAND AUtoMotivE,$7.2Mequipmentinvestment

NANsHAN,tobuild$50Mcastinghouse

sUBARU of iNDiANA,$450Mexpansion,toadd900employeesby2016

sUpplY cHAiN solUtioNs,openedinPark350

tKo gRApHix,newindustry,$2Mfacility

voEstAlpiNE RotEc,$1.4Mexpansion

High-tech/life sciences

pAssAgEwAYs movingtolarger, downtownlocation

iN tHis issUE

Business and industry

Advanced Manufacturing 3High-tech/Life Sciences 7Co-working Facilities 11Professional/Services 12Retail/Hospitality/Tourism 13Sustainable Energy 14

Community

Initiatives 15Media 15Medical 16Nonprofit Sector 17Public Works 17Real Estate 18Recognitions 20

eduCation

P-12 Schools 21Ivy Tech 21IU School of Medicine - Lafayette 22Purdue University 22Workforce Development 24

TRENDSG r e a t e r L a f a y e t t e C o m m e r C e

EcoNoMic

MiD-YEAR 2013

A

Details inside

Downtown Lafayette

2

co-working facilities

tHE ANvil,PurdueUniversity

BRAiNQUBE

MAtcHBox cowoRKiNg stUDio

professional/services

fitNEss: fournewfacilitiesopened

NEw BUsiNEssEs: FedExGroundDistribution,$2Mnewfacility

NEw BANK BUilDiNgs: FarmersandMerchants,FirstSource,LafayetteCommunity(2),LafayetteSavings,Regions,WoodforestNational

Retail/Hospitality/tourism

• 19newretailersopenedsofarin2013;twomoreannounced

• 12newrestaurantsopenedsofarin2013

MEijER tobuildsecondstore

HAMptoN iNN & sUitEsannounced

coMMUNitYMedical

HEAltH QUEst NAtURopAtHY & EstHEtiQUE

iNDiANA vEtERANs’ HoMEremodel

iNNvERvisioN ADvANcED iMAgiNgremodel

iU HEAltH ARNEttWestLafayetteclinic,GreenbushSt.remodel

lAfAYEttE REgioNAl REHABilitAtioN HospitAl

lAfAYEttE REgioNAl vEiN/lAsER cENtER

MEDxpREss

Nonprofit

fAitH wEst$12Mworship/communitycenteropened

RigHt stEps cHilD DEvElopMENt cENtERsnewnameforTippecanoeCountyChildCare

public works

citYBUs openednewdowntowntransfercenter

lAfAYEttE: $3.4MinRiehlePlazaandpedestrianbridgeimprovementsplannedfor2014;ColumbianParktraindepot,$150,000;$28.3Mnewroadworkprojects

wEst lAfAYEttE RoADwoRK:Northwestern,$5.5M;streetresurfacing,$780,000;sidewalkrepairs,$365,000

MEtRoNEt $60Minvestmentin465milesof fiberunderway

wiNtEK continues$1.7Mupgrade

Us 231:$36MrelocationaroundWestLafayetteopened,includes6milesof walking/bicyclepaths

Real Estate

AssistED liviNg fAcilitY,$14M,formerHomeHospitalsite

iNoKcommercialparkaddingnewbuildingandaddition

iNNovAtEcH improvingfacility,$50,000

MARKEt soUtH,$975,000,VeteransMemorialParkway

MARKEt sQUARE sHoppiNg cENtERacquiredbyLafayetteMSPLLC

516 NoRtHwEstERNdevelopmentunderway

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

Quick Glance | Continued

3

Business and industry

EDUcAtioNExcEl cENtER,publiccharterschoolforadults,opened.

ivY tEcH openedFrankfortandNewtonCountysitesfall2013;Crawfordsville,January2013

NEw coMMUNitY scHool(charter)consolidatedtoone,44,000sf site

pURDUE UNivERsitY openedDiscoveryParkPartnersfacility,PurdueFoundry,FountainGallery;multipleconstructionprojectsunderway(seeinside)

tRicocci UNivERsitY BEAUtY collEgE acquiredLafayetteBeautyAcademy,remodeled

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

Quick Glance | Continued

ovERviEw bout75manufacturingandindustrial firmsoperateinTippecanoeCounty, employingabout13percentof TippecanoeCounty’sworkforceandshippingproductsworldwide.

iNDUstRY RANKiNg BAsED oN EMploYMENt Subaruof IndianaAutomotiveInc. 3,600

WabashNational 3,323

CaterpillarLargeEngineCenter 1,675

OerlikonFairfieldDriveSystems 850

Alcoa/LafayetteOperations 690

LafayetteVenetianBlindInc. 612

A

Advanced Manufacturing

EvonikDegussaCorp.TippecanoeLabs555

Tate&Lyle,northandsouthplants 454

KirbyRiskServiceCenter 367

TRWCommercialSteering 344

ReaMagnetWireCorp. 225

ColemanCable 170

GreatLakesSolutions 130

OscarWinskiCo.Inc. 124

IndustrialPalletCorp. 120

voestalpineRotec 120

Landis+Gyr 115

AlloyCustomProducts 107

HeartlandAutomotive 93

NanshanAmerica 90

DEMogRApHics

population, 2012

Lafayette67,925

WestLafayette30,419

Allof TippecanoeCounty177,513

14-countyregion551,809

Laborforce,TippecanoeCountyresidents82,600

Laborforce,includingincomingcommuters110,000

4

KEY iNDUstRiEs (listed alphabetically)

AlcoA/lAfAYEttE opERAtioNs690employeesExtrudedaluminumproducts2013:Building$93M,115,000sf aluminumlithiumplant(world’sfirstfull-production,aluminumlithiumcastingfacility)adjacenttocurrentoperations,toopen2014,employ75.Toproduce20,000metrictonsandcastroundandrectangularingotforrolled,extrudedandforgedapplicationsinbilletsizesupto33-inchesindiameterandslabcapableof producingwingskinplateandfuselagesheetforcommercialaircraft.

AlloY cUstoM pRoDUcts iNc.107employeesTanktrailers,pressurevessels

ANDovER coils llc60employeesElectroniccoilsandtransformers

tHE BEttER tHAN co. iNc.Brunoscotti,avarietyof biscotti

BlicKMAN/stEiNERHomebrewingequipment

cst/BERgER, DivisioN of stANlEY woRKs25employeesLaserlevelingandmeasuring

cANtEEN coRREctioNAl sERvicEs10employeesMeal,laundryservicesforcorrectionalfacilities

cARlEx glAss co. 12employeesAssembly,curingwindowpanelsforautos

cAtERpillAR lARgE ENgiNE cENtER1,625employeesDieselandnaturalgasengines2013:Reducedemploymentby125.

cAtERpillAR logistics sERvicEs iNc.Trucking,warehousing

cHRoMcRAft REviNgtoN iNc.Residential,commercialfurnitureOfficesinWestLafayette;productioninMississippiandChina

colEMAN cABlE iNc. 170employeesWiremanufacturing

coppER MooN woRlD coffEEWholesalecoffee

DAYtoN-pHoENix gRoUp iNc.56employeesBrakingresistorsforfreight,off-highwayvehicles

ENviRoNMENtAl REcYcliNg iNc.Recyclingconstruction,manufacturingmaterials

EvoNiK DEgUssA coRp. tippEcANoE lABs 555employeesPharmaceuticalcomponents

fcA MANUfActURiNg40employeesIndustrialwoodskidsandboxes

gRAYBAR7employeesSupplychainmanagement,logisticservices

gREAt lAKEs solUtioNs130employeesFlameretardantresearchcenter

HEARtlAND AUtoMotivE93employeesInteriorandexteriorautomotivecomponents:instrumentpanels,doors,headlinersandautobodyparts.2013:Invested$7.2Minnewequipment.

HicKsgAsPropanedistributor

icE cREAM spEciAltiEsIcecreamnovelties

iNDUstRiAl pAllEt coRp./ AMERicAN fiBERtEcH coRp.120employeesWoodenpallets

KiRBY RisK sERvicE cENtER367employeesWiringharnessesandsubassemblies

lAfAYEttE iNstRUMENt50employeesPolygraphinstrumentationandotherhigh-techdetectionanddecision-makingdevices

Advanced Manufacturing | Continued

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

5

Advanced Manufacturing | Continued

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

Nanshan America Advanced Aluminum Technologies

lAfAYEttE pUzzlE fActoRY4employeesJigsaw,sphereandchalkboardpuzzlesdesignedlocally,manufacturedinAsiaProductsin20,000U.S.,AustralianandNewZealandretailoutlets

lAfAYEttE vENEtiAN BliND iNc.612employeesCustomwindowcoverings

lANDis+gYR115employeesElectronicmetersOwnedbyJapan-basedToshibaCorp.

liQUiD spRiNg llcSuspensionsystems

M4 sciENcEs coRp.10employeesUltra-precision,electro-mechanicalmodulationdevicefordeep-holedrillingusinglow-frequencyvibrationonlathes

M.A.i.l.63employeesOutsourcemailroom;catalogfulfillment

McKiNNEY coRp.27employeesRacecarchassisandcomponentmaker

MEgABRANDs AMERicA iNc.Gameandtoydesign

MilEstoNE coNtRActoRsAsphaltplant

MUlHAUpt’s iNc.65employeesCustommetaldoor-frames,contracthardware;OverheadDoors

NANsHAN AMERicA ADvANcED AlUMiNUM tEcHNologiEs90employees;200byyearend2013High-endaluminumextrusionsusedinmasstransportation,automotive,distribution,industrialandelectricalindustries;train-bodymaterialforhigh-speedrail2013:Tobuild$50Mcastinghouseandofficebuildingin2014.

NoRfolK soUtHERN coRp.Railyard

oERliKoN fAiRfiElD DRivE sYstEMs850employeesGears,shaftsanddrives2013:Reducedworkforceby150.

pAcKAgiNg sYstEMs of iNDiANA20employeesShippingproducts

pERRY foAM pRoDUcts49employeesUrethanefoamsandingpadproducts

pRoAxis iNc.75employeesSheetmetal,structuralsteelfabricator

6

Advanced Manufacturing | Continued

RADiAN REsEARcH80employeesWatthourtestequipment

REA MAgNEt wiRE coRp.225employeesMagnetwire

RoADwoRKs35employeesStainlesssteeltrucktrailerparts

scHilli DistRiBUtioN sERvicEs Warehousing/logistics

scHool DAtEBooKs45employees;35moreseasonallyCustomschoolcalendarssoldinternationally;onsitebindery

stAg cApitAl pARtNERsWarehouse/distributionfacilities

sUBARU of iNDiANA AUtoMotivE iNc.3,600employeesAutomobilesandSUVs–SubaruOutback,LegacyandTribeca;ToyotaCamry2013:Announced$450Mexpansion,.5Msf,toaddSubaruImprezaproductionin2016,increaseemploymentby900,expandbuildingcapacityby100,000vehiclesannually;fiscalyearendingMarch31,2013,

builtrecord271,583vehicles;celebratedproductionof 4millionthvehicleinAugust2013.

sUpplY cHAiN solUtioNsLogistics,trailerparts2013:Michigan-basedcompanymovedChicagofacilitytoPark350,servingWabashNational.

tAtE & lYlE, NoRtH AND soUtH plANts454employeesCornstarch,cornsyrupandsweeteners

tKo gRApHix10employeesRefurbishsemi-trailers2013:Newindustry,building$2M,12,000sf facilityon48acresinU.S.52IndustrialPark.

toYotA tsUsHo AMERicA iNc.55employeesTire,wheelassemblyforToyota

tRw coMMERciAl stEERiNg sYstEMs344employeesSteeringgearsTwoplants

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

Subaru of Indiana Automotive

7

voEstAlpiNE RotEc gRoUp 110employeesPrecisionsteel/aluminumcomponents,pedalboxspacertubesandseatbelt/airbagcomponentsforautoindustry.2013:$1.4Mnewmachininglineforairbagpropellanttubesadded.

wABAsH cENtER’s gREENBUsH iNDUstRiEsContractassembly

wABAsH NAtioNAl coRp.3,323employeesCommercialsemi-trucktrailersandrailtrailers

High-Tech | Life-Science BusinessesG r e at e r

L a fay e t t e C o m m e r C eECONOMIC

TRENDSAovERviEw bout125high-techandlifescience businessesoperateinLafayette-West Lafayette,mostinstart-upstagesandemployingfewerthanfive.ManyarecapitalizingondiscoveriesmadeatPurdueUniversityandbasedinPurdueResearchParkorlocatedelsewhereandaffiliatedwiththepark.

lARgEst HigH-tEcH/lifE-sciENcE coMpANiEs, BAsED oN EMploYMENtMEDInstitute 240

BASi 180

CookBiotechInc. 150

ButlerAmericaLLC 140

SSCI,anAptuitCo. 92

DowAgroSciences 88

EndocyteInc. 75

HPEnterpriseServices 60

FLIRSystemsInc. 40

ghLLC 40

CantileverTechnologies 40

Note: Businesses listed alphabetically; those with no employee number listed have fewer than 5 workers.

ABAQUs cENtRAlConsulting,engineeringproductdesignAcellInc.Tissue-engineeredbiomaterial

ADvANcED Ag solUtioNs llcTechnologyandconsultingservicesforfarmers

ADvANcED BioiMAgiNg sYstEMs llcDevelopingtechnologytodetectbacterialgrowth

ADvANcED pRocEss coMBiNAtoRics9employeesPlanning,scheduling,radiationtreatmentplanningsoftware

AKiNA iNc.Drugdeliverytechnologycompany

AllEgRo DYNAMics llcSoftware,webandmobileapplicationdesigner

ARxAN tEcHNologiEs26employeesSoftwaresecurity

wAREHoUsE of lAfAYEttE llcDistributionfacilities,1.8Msquarefeet

wEE ENgiNEERiNg iNc.8employeesVacuumtanks,tanktrucks,pumpertrucks,customfabrications

oscAR wiNsKi co. iNc.124employeesScrapmetal,steelfabrication

woRwAg coAtiNgs llcPowderandliquidcoatingsforindustryapplications

Advanced Manufacturing | Continued

8

AsH AccEss tEcHNologYMedicaldevices

AtlANtic gREEN tEcHNologY iNc.Productionof biofuelandnutritionpharmaceuticalsfromalgae

AxoNiOnlinemanufacturingnetwork

BANYAN BioMARKERs iNc.BloodteststodetecttraumaticbraininjuryandneurologicaldiseasesFlorida-basedcompanywithPurdueResearchParklocation

BAsi180employeesPharmaceuticaldevelopment,contractresearchandanalysis

BAtcH pRocEss tEcHNologiEsDecisionsupportsoftwareforbatchchemicalprocessingindustries

BUtlER AMERicA llc140employeesEngineeringdesign

cEllAfloRA DEsigNAppdevelopment

cHYAll pHARMAcEUticAl coNsUltiNg llcAdvisesonoptimizingnewpharmaceuticals’properties

coNcoRDANcE HEAltHImprovingmedicationcompliancethroughpartnershipwithpharmacistandprovider

cooK BiotEcH iNc./cooK gRoUp150employeesTissueengineeringresearch,developmentandmanufacturingof medicalproductsusedinwoundcareandsurgicalrepairof damagedorgansandtissues

copiENt tEcHNologiEs/NcR coRp.11employeesPoint-of-saleand–purchasehardwareandsoftware

coviDEo sYstEMs10employeesWeb-basedstreamingtechnologyservices

cRUisE softwARERetailindustrysoftwareproducts

cURxcElDrugdiscovery

DElMAR iNfoRMAtioN tEcHNologiEs llcCustomsoftwareusedinvotecenters

DElpHi DElco ElEctRoNics sYstEMsAutoelectronicsdesignlab

DEvElopMENt coNsUltANts iNc.Materialsdesign,manufacturingconsulting

Dow AgroSciences

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

9

Dow AgRosciENcEs88employees,100by2014Researchfacility,greenhouse,seedqualitycontrollab

EitAc solUtioNs gRoUp10employeesProductstoenhancecomputerusebythosewithlowvision

E-lANgUAgE lEARNiNg llcLanguagesoftwarethatallowsformonitored,individuallessonsoutsidetheclassroom

ENDocYtE iNc.75employeesDrugdeliveryresearch

EN’URgA iNc.9employeesOpticaldiagnosticequipment

ExEcUtivE AUtoMAtioN llcBusinessmanagementsoftwaredevelopment,consulting,training

fAvoRED iNc.7employeesMilkwithnutrients,supplements

fAvoRED gRAiNSeedbusiness

fliR sYstEMs iNc.40employeesMassspectrometerdevelopment

foUNDops Softwaresystems

fUtAgo iNc.Chemicalindustryrelated

fUtURAgENE iNc.14employeesPlantgenediscovery

gENpoRt NoRtH AMERicA coRp.High-energyelectricgenerators,batteries

gH llc40employeesSoftware,Brailletextbooksandotherlearningproductsforpeoplewithreadingandsightchallenges

gREENtEcH AMERicA iNc.Developsandcommercializesyeast-basedcellulosicethanoltechnology

HNtB liDAR lABResearchinoptimizingandleveraginglightdetectionandrangingdataforcivilengineeringapplications

Hp ENtERpRisE sERvicEs60employeesSoftware,technologyservices

HEMoclEANsE iNc.Medicaltechnology

iMAgiNEstics llc19employeesSoftwareconnectiontoolsformanufacturingandlifesciences

iN spAcE llc5employeesJetpropulsiontechnologydevelopment

iNDEpENDENcE sciENcE llcConsultswithschoolstoprovideassistivetechnologiesforblindstudents

iNDiANA fiBER tEcHNologYDevelopinglight-weightbio-aggregatesandbiofuels

iNMAss tEcHNologiEs iNc.Soil,bio-remediation

iNvivo vENtUREs llcCreatescompaniesfromPurdueresearchfindings;createdafounder’sfundtoprovideseedcapitalfor10to15Midwesterntechnologyventures

iNfocoMM sYstEMs iNc.Securityconsulting,research

ivDiAgNostics llcDevelopingcancerdiagnostickitsandimagingsolutions

jANUs BiosYstEMs5employeesLipidmaterialsresearch

KARYozEN llcCellsorters,flowcytometersforlifesciences/healthcareindustries

High-Tech | Life-Science Businesses | Continued

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

10

KNowRtAl llcSoftwaredeveloper,usingPurdue-licensedtechnology

KYK ENERgY iNcFoodsupplements

l.s. tEcHNologY iNc.Softwareforwireless,handheldcomputers

lifE plUs llc26employeesToxicologyservices,testingandmedicaldevicesHelpsmultinationalcompaniesmeetChineseregulationsonchemicalpurchases/sales;alsooperatesofficeinBeijing.

litE MAcHiNEs coRp.8employeesRadio-controlledhobbyhelicopters;high-techsurveillanceequipment

loADoUt tEcHNologiEs llcMobiletechnologysolutionsforagriculture,industry

lYogo llcDrug-deliverydevicestostorefreeze-drieddrugsinonechamber,liquiddilutentsintheother

MAgsENsE lifE sciENcEs6employeesMagneticparticleseparationforresearch,diagnosticsanddrugdevelopment

MED iNstitUtE/cooK gRoUp240employeesIdentifiesanddevelopsnewmedicalproductconcepts

MEDtRic llcLifesciences

MoR-NUco llcDevelops,commercializesproteintechnologyforearlycancerdetection

MoERAE MAtRix iNc.Developingdrug-tissuescaffoldproductstoimprovesofttissuehealingandregeneration

MoRviD iNtERActivE llcDevelopsmobiledeviceapplicationsandgames

MplExUsMedicalimagingsoftwareforInternettransmission

MUDAwAR tHERMAl sYstEMs iNc. Thermalmanagementdevicesandphase-changesystems

gERAlD p. MURpHY cANcER foUNDAtioN8employeesNonprofitcancerresearchinstitute

NANosENsE iNc.Nanotechdevicesformedicaldiagnostic,therapeuticapplications

NANovis llcNanosurfacedimplantsandnanostructuredbiomaterials

NgENx coRp. Technologyinfrastructureprovideranddeveloperof hostedITapplications

Nox tEcHNologiEsCancerdetectionresearch

oDDitsoft iNc.Softwareandconsulting

oMEgA MicRo tEcHNologiEsCeramicsubstratesforelectronicdevices

oN tARgEt lABoRAtoRiEsLifesciences

opticAl tHERApEUtic tEcHNologiEsFluorescentprobesusedforimagingincancersurgery

pANoptic iNsigHt llcConsultingonorganizations’securityandinnovationrelationships

pARsEc solUtioNs llcEngineeringconsultingservices,multi-phasefluidsystems

High-Tech | Life-Science Businesses | Continued

pAssAgEwAYs llc25employeesBusinesswebportalmanagementsystemsforbanksandcreditunions2013:MovingtoEarl&HatcherBlockdowntown

pERfiNitY BiosciENcEs iNc.6employeesSamplepreparationtechniquesandtoolstofacilitatemassspectronomy

pHlEBotics iNc.Developsandmanufacturesmedicaldevices

pRiMA spEciAltY vEctoRs llcUtilizesPurdue-licensedtechnology

pURDUE ENtERpRisE co. Technicalconsulting

QUANtioN tEcHNologiEs iNc.High-tech

scAlE coMpUtiNg5employees;27,IndianapolisProvidingenterpriseclass,scalablegridstorage

scHoolHoUsE pARtNERs llcGrantwriting,grantsdatabase

sENsiENt flAvoRs AND fRAgRANcEs llcMakingcolors,flavorsandfragrancesforfood,beverages,cosmetics,pharmaceuticalingredients,imagingsystemsandotherapplications

siMUlEx iNc.8employeesSimulationproductsfordefenseandbusiness

soRiAN iNc.Researchservices

spEctRAcoDE iNc.Imagingsystems

11

spEctRAliNE iNc.Onlinequalitymonitoring

ssci iNc., AN AptUit coMpANY100employeesContractresearchandanalyticallab

stoRMfRoNt pRoDUctioNs iNc.7employeesWebdesign,videoproduction,branding,interactivepresentationsandotherservices

spYRis ElEctRoNicsInformationsecurityforgovernment,aerospaceanddefensemarkets

swiftfUEl llc10employeesHigh-octane,unleadedaviationfuel

tEcMARK iNc.Emergencyresponse,restorationcontractormanagement

tHiRtYsix softwARE llcProvidingintuitivedatacontentmanagementsolutions

tHREE.coMWebhosting,internetmarketing

High-Tech | Life-Science Businesses | Continued

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

tiENtA sciENcEs iNc.Infraredandmassspectrometryinproteindiscoveryandanalysis

tRicliNic lABsConsulting,labworkforsolid-statechemicaldevelopment

tYMoRA ANAlYticAl opERAtioNsTestingeffectivenessof cancerdrugs

vAsc-AlERt8employeesDialysisdiagnosticproduct

visioN ADvANtAgE llcHelpsautodealersincreaseprofits

vivUsNEt coRp.DigitalCanvas,multi-mediaadvertisingproductforlobbiesandothervenues

vocARE iNc.Telemedicinesystem

wEstEcH coNsUltiNg co. iNc.Consulting

wiNtEK coRp.BusinessclassInternetserviceprovider,directfiber-basedprovider

ovERviEw 21stcenturymovement,co-working bringstogetheracommunityof people whoindependentlyandcollaborativelypursuecreativeconceptsandactivities,sharefacilityspaceandbenefitfromaccesstoandinteractionwithothersinterestedinnewideasandentrepreneurialism.

REcENt ActivitY

tHE ANvil.Purdueopenedfacilitysummer2013forstudententrepreneursonlowerlevelof itsnewDiscoveryParkPartnersfacility,1601StateSt.

BRAiNQUBE openedin2013,housingfivecreativeservicebusinesses:design,video,art,photography,salestraining.

MAtcHBox cowoRKiNg stUDio toopenbyyearendin10,000sf downtownbuilding;operatedbynonprofitcorporation;cityof Lafayettefunding$1.5Mrenovation.

CO-WORKING FACILITIES

A

12

ovERviEw reaterLafayetteishometonumerous professionalandservicebusinesses, includingarchitects,attorneys,accountants,advertisingagencies,customercarecentersandothers.MajorbanksincludeCentier,CharterOneFinancial,FarmersandMerchants,FifthThird,FirstFinancial,1stSource,FountainTrustCo.,Huntington,JPMorganChase,Kentland,LafayetteBankandTrustCo.,LafayetteCommunity,LafayetteSavings,OldNational,Regions,SalinandWoodforest;creditunions:PurdueFederalCreditUnion,IndustrialFederalCreditUnionandStaleyCreditUnion.Insurance:StateFarmInsuranceregionalofficeemploying545;HenriottGroup;andMBAHInsurance.

REcENt ActivitY

Banks

fARMERs AND MERcHANts BANKopened3,600sf,$1Mbranch,firstinTippecanoeCounty

fiRst soURcE BANK toopenCascadaBusinessParkbranchbyyear-end.

lAfAYEttE coMMUNitY BANKopenednew,17,000sf,two-storydowntownheadquartersandLindberg/Northwestern2,600sf branch.

G

Professional | Services

lAfAYEttE sAviNgs BANKbuildingnewWestLafayettebranch,3,200sf,toopenearly2014.

REgioNs BANKnewdowntownheadquartersunderway,$2.54M,12,000sf,toopenMarch2014.

wooDfoREst NAtioNAl BANKtoopenonVeteransMemorialParkway.

Business openings

fED Ex gRoUND DistRiBUtioN, $2Mfacility

HAppY pAws & clAws pEt gRooMiNg

NoRtH END MiNi stoRAgE

RicE & RicE,attorneys

s&A UpHolstERY AUto cARE

fitness openings

ANYtiME fitNEss

DEfiNitivElY fit

MAssAgE ENvY (LafayetteMarketplace)

plANEt fitNEss

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

Ground breaking event for Lafayette Savings Bank, West Lafayette branch.

13

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

ovERviEw argestshoppingvenuesareTippecanoe Mallwith840,000sf andmorethan100 stores,includingMacy’s,Kohl’s,Sears,J.C.Penney,HHGreggandDick’sSportingGoods;andLafayettePavilions,covering404,000sf,includingTJMaxx,ColdStoneCreamery,Gordman’s.Othervenues:DowntownLafayette;TippecanoeCourtandLafayetteMarketPlace,withabout50retailers;WabashLanding;UniversitySquare;andChaunceyVillagedistrictnearPurdue.

Thecommunityishometomorethan225restaurants,rangingfromethniceateriestonationalchains,and28hotelswith2,430rooms,fromfull-servicebusinessclass(HolidayInnCityCentre,BestWesternLafayetteExecutivePlaza&ConferenceCenter,UnionClubandFourPointsbySheratonWestLafayette)toextendedstay(HomewoodSuites,MarriottTownePlaceSuitesandCandlewoodSuites).

DowntownLafayette-WestLafayettehasbeendesignatedanofficialculturaldistrictbyIndianaArtsCommission,encompassingthreeareas:ChaunceyVillage,Riverfront,andtheArtsandMarketdistrict.Downtowncovers92squareblocks,MainStreet,theLevee,WabashLandingandChaunceyHillMall.Morethan250businessesoperateinthedowntownarea,includingrestaurants,boutiqueshopsandprofessionalserviceproviders.Downtownalsoisagrowingresidentialhubwithabout160condominiumsoutof some600housingunits.

REcENt ActivitY

lodging

HAMptoN iNN & sUitEs,TapawingoandState,MidwestHospitalityGroup,hotels,four-story,105rooms,$12M,tobebuilt.

Retail

2013 opENiNgs

cNg fUEl iNc.,compressednaturalgas

DollAR gENERAl

DoN’t tHiNK twicE REcoRDs

EARtHBoUND tRADiNg co.

EUpHoRiA DAY spA & sAloN

fiREARMs sUpER cENtER

gAME x cHANgE

HAiRcUt coRNER

HARBoR fREigHt tools

jUsticE & BRotHERs

ligHtNiNg pRiNt

MAttREss fiRM

MAxiMUM gRow gARDENiNg

p.s. fRoM AERopAstlE

pooR BoYs tHRift sHop

sAlvAtioN ARMY stoRE

slEEp NUMBER

stREAMliNE DEsigNs & fRAME sHop

wiNDow woRlD of lAfAYEttE

Announced

cAMERA oUtfittERs

fREsH lAfAYEttE MARKEt

MEijER discountdepartmentstoreandgrocerytobuildsecondstore,190,000sf,U.S.52andKlondikeRoad,toopensummer2014,hiring300.

Restaurants/Nightlife

2013 opENiNgs

BAKED cAKE AND coffEE sHoppE

BEN’s soft pREtzEl

cHicAgo stYlE cHEEsE stEAK

fARiNA BAKERY & cAfé

icHiBAN

l KoRA fooD tRUcK

lENEHAN’s pUB

MAiN stREEt BAR

pARKwAY ExpREss pizzA

tAlK 6

tHREE j’s pizzA

YogURt REtREAt

Retail | Hospitality | Tourism

L

14

ovERviEw ustainableenergyisafocusinthe county,demonstratedinseveralways, fromdiscussionsonwindfarmstothreewindturbinesinstalledatCityBustopoweritsfacilitiesandatwo-yearprogramatIvyTechCommunityCollegecoveringturbines,solarpanelsandothersystems.

REcENt ActivitYivY tEcH coMMUNitY collEgE openedCraigPorterEnergyCenter(seeIvyTechsection).

ElEctRic vEHiclE cHARgiNg stAtioNs: NowavailabledowntownLafayetteparkinggarage,IvyTech,PurdueUniversity,BisonFinancial.

Sustainable Energy

S

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

tourism/Recreation

visit lAfAYEttE-wEst lAfAYEttE reports3.5millionvisitorsannuallygeneratemorethan$200millionindirectexpenditures.

iNfoRMAtioN KiosKs:VisitLafayette-WestLafayettepartneredwiththecitiesto

install13informationkiosksbetween2010and2012—9inLafayette;4,WestLafayette;tobeupdatedtwiceayear.

tHE foUNtAiN gAllERY openedbyPurdue,330MainSt.

sKAtE AMERicA opened.

Retail | Hospitality | Tourism | Continued

CityBus uses wind power to energize its facilities.

15

Media

ovERviEw hecommunityisservedbyadozen FMandAMradiostations,including WBAA,aNationalPublicRadioaffiliate;televisionstationWLFI-TV;adailyGannettnewspaper,theJournal&Courier;aweekly,TheLafayetteLeader;thePurdueExponent,

Tfive-daynewspaper;Lafayettemagazine;andJustKidding!,anewsletterof children’sevents.

REcENt ActivitYwlfi-tv isspending$50,000toupgradeitsfacility.

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

ovERviEw reaterLafayette’seconomicdevelopment, government,education,businessand industrygroupscollaborateonanumberof communitywideefforts.

ADvANciNg MANUfActURiNg: wE HAvE joBs HERE, wE HAvE tRAiNiNg HERE, launchedin2012byGreaterLafayetteCommerce,IvyTechCorporateCollege,Region4WorkforceBoardandWorkOne,amongothersupporters,offersscholarship-fundedtrainingforjobseekerstoearnproductioncertification,if needed.Theprogrampairsapplicantswithemployers.In2012,295applicantswerehiredthroughtheprogram;91completedtraining.www.advancingmanufacturing.com

coMMUNitY of cHoicE:GreaterLafayetteCommerceiscoordinatingmultipleactivitiesfollowingstudyandimplementationplantomovethecommunityfromgoodtogreat.In2013,thecommunitybecameoneof 26communitiesinU.S.Ignite,apublic/privatepartnershiplaunchedbytheWhiteHouseScienceandTechnologyPoliceofficetofacilitateand

encouragenext-generationapplicationdevelopments.www.greaterlafayettecommerce.com

iNtERsEctioN coNNEctioN,acollaborationof 10communityorganizations,beganin2007toco-locatecomplementaryyouthdevelopment,highereducation,financialliteracy,andhealthandwellnessservicesontheIvyTechCommunityCollegeLafayettecampus.Abuildingfundraisingcampaignisunderway.intersectionconnection.com

READ to sUccEED,aprograminvolvingGreaterLafayetteCommerce,UnitedWayof GreaterLafayetteandthreepublicschoolcorporations,launchedin2011;500volunteersin2013www.readtosucceedgreaterlafayette.org

wABAsH RivER ENHANcEMENt coRp.,involvinglocalgovernmentsandothers,continuesworkingtobringdevelopmenttotheriverarea.2013:finalizingRiverRoadscenicbywaymanagementplantoprotecthistoricandsceniccharacteristics.www.wabashriver.net

G

Community

Initiatives

16Franciscan St. Elizabeth Health East

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

ovERviEw reaterLafayetteandsurrounding18 countiesareservedbythreenonprofit hospitals.FranciscanSt.ElizabethHealthEast(150beds),FranciscanSt.ElizabethCentral(99beds)andIndianaUniversityHealthArnettHospital(191beds).SetonSpecialtyHospital,housedatSt.ElizabethCentral,provideslong-termacutecare.

Numerousmulti-physicianclinicsandambulatorysurgerycentersalsooperate(IndianaUniversityHealthArnettSystem,RiggsCommunityHealthCenter,UnityMedicalCenter,SigmaMedicalGroupandothers).RiverBendHospitalprovidesmentalhealthcare,andSycamoreSpringsisaninpatientpsychiatricandsubstanceabusetreatmenthospital.

REcENt ActivitYopenings

HEAltH QUEst NAtURopAtHY & EstHEtiQUE sKiN cARE sAloN

iU HEAltH ARNEtt WestLafayetteclinic

lAfAYEttE REgioNAl REHABilitAtioN HospitAl, operatedbyErnestHealth

lAfAYEttE REgioNAl vEiN/lAsER cliNic

Renovations

iNDiANA vEtERANs’ HoME,$5.7Mrenovation

Hospitals

iNDiANA UNivERsitY HEAltH ARNEtt HospitAl openedatMcCartyLaneandCR500EinOctober2008;the$228M,400,000sf,full-servicehospitalhas191beds,5operatingrooms,on-demandfoodservice,adjacenthelipad.With140providers,ambulatorysurgerycenterandfull-servicehospital,IUHealthArnettoffersintegratedhealthcare.Itemploysmorethan250physiciansandproviders,604registerednursesandmorethan1,100supportstaff.

fRANciscAN st. ElizABEtH HEAltH operatesFranciscanSt.ElizabethHealthEast,openedinFebruary2010,andFranciscanSt.ElizabethHealthCentral.Combined,theyemployabout2,600.Thenew,$192million,410,000sf,full-servicehospitalwasbuilton103acresonSouthCreasyLane.Ithas150privatepatientrooms,astand-alonewomen’scenter,eightoperatingsuites,27emergencydepartmentbays,14neonatalintensivecaresuites,roomservicedining,aninteriorcourtyardandchapel.TheCentralsiteprovidesmedicalandintensivecare,psychiatricservicesandemergencyservices.FranciscanSt.ElizabethHealthsystememploys66physicians,514registerednursesand1,587supportstaff.Theeast-sidecampusincludestwomedicalofficebuildings.

st. viNcENt sEtoN spEciAltY HospitAl, housedinFranciscanSt.ElizabethCenter,isalong-term,acutehospitalprovidingcomplexmedicalcaretothemostcriticallyillpatients.

Medical

G

17

Nonprofit Sector

REcENt ActivitYDUNcAN HAllisspending $432,000onaremodel.

RigHt stEps cHilD DEvElopMENt cENtERs isthenewnameforTippecanoeCountyChildCare.Itoperatesfourchildcarecenters,resourcenetwork,afterschoolprograms.

jAN ANDRE BootsMA ARts BUilDiNg, a13,000sf downtownbuildingadjacenttoLongCenterforthePerformingArts,tobeconvertedtooffice,meetingandpracticespace,withsomeapartmentsremaining;purchasedwith$1MgifttoLongCenterInc.

tHE coMMUNitY foUNDAtioN of gREAtER lAfAYEttE,whichmanagesendowmentsandfundsforindividualsandorganizations,disbursed$768,600in

grantsto84nonprofitsin2012,launchedamatchingcampaignforagencyendowments,established15newfunds.

fAitH wEst, $12M,four-story religiousfacilityopenedon6.5acresatNorthwesternandLindbergbyFaithChurch;housesworshipspace,communitycenter,gym,fitnesscenterandpreschool;threefloors(42apartments,120beds)of studentcovenantapartments.

UNitED wAY of gREAtER lAfAYEttE exceededits 2012campaigngoal,raisingmorethan$4.75millioninpledgesanddonations;theagencyprovidesfundingfor23localsocialserviceorganizations.

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

Public Works

fiBERMEtRoNEt investing$60Min465milesof fibertobringFibertotheHometoLafayetteandWestLafayette.

wiNtEK continuesits$1.7Mupgradetoitscorenetworktobringbackbonespeedsupto10Gbps.

tRANspoRtAtioNcitYBUs. 2013:Opened$2.2Mdowntowntransfercenter.

RoADwoRK/sEwER woRK lAfAYEttE:$28.3Minvariousroadprojects.

wEst lAfAYEttE: Northwestern,$5.5M;streetresurfacing,$780,000;sidewalkrepairs,$365,000.

HoosiER HEARtlAND coRRiDoR,$450M:Lafayette-to-FortWaynenearingcompletion.

Us231,$36MrelocationaroundWestLafayetteopened;includes6milesof bicycle/walkingpaths.

pARKs/coMMUNitY fAcilitiEslAfAYEttE: colUMBiAN pARK zoo:$150,000depotforparktrainannounced;$3.4MinimprovementsatRiehlePlazaandpedestrianbridgeplannedfor2014.

stAtE: pRopHEtstowN stAtE pARKopened$6Mswimmingfacility.

18

LovERviEw argestlocalagencies:CandorRealty, KellerWilliams,F.C.Tucker/Lafayette Realtors,ColdwellBankerShookandReMax.Amongtopresidentialbuilders:CitationHomes,KomarkLtd.,TempestHomes;commercial:KellyConstructionof Indiana,KettelhutConstruction,MilestoneContractors,NorfleetBuilders,SuperiorStructures,TectonConstructionManagement,WeigandConstructionCo.Related:KirbyRiskElectricalSupply,TheSchneiderCorp.,ScholerCorp.,TBIRDDesignServicesandTillettEngineeringServices.

pURDUE REsEARcH pARK:200acresof 725-acreparknowhaveinfrastructure.Currently,theparkhas51buildings;1.3Msf isownedorleasedby160companies;about3,200employeesworkinthepark(largestfirmisStateFarmInsurance,535employees).Theparkhas350,000sf of incubatorspace,thelargestinstitutionallyoperatedtechnologyincubatorprograminthenation.DesignatedanIndianaCertifiedTechnologyParkin2003,allowinglocaloptionandstateincometaxesfromemployeestobecollectedinadevelopmentfund.Parkhasa$1.3BeconomicimpactonIndiana.

REcENt ActivitYMixed-Use, Multifamily Developments Announced/Under way

320 gRANt st.,$17Mmultifamilyproject.

516 NoRtHwEstERN, $25Mmulti-usefacilityunderway.

BoilER gAtEwAY, 135-unitapartmentprojectplannedforStateandSalisbury,WestLafayette,bydeveloperBoulderGroupLLC.

cUMBERlAND pRopER: J.C.Hart,Carmel,planningtodevelop266-unitplanneddevelopment,westendof Cumberland,19acres,toinclude24apartmentbuildings,11duplexes,clubhouse,EnglishTudorstyle,projectnowinreview.

HAYEs tRiANglE/wANg HAll (pURDUE): $38.9million,147,000sf,four-storybuildingin500blockof Northwestern,underwaybyowner,PurdueResearchFoundation,whichwillleaseparttoPurduefortheSeng-LiangWangHallof ElectricalandComputerEngineering.Plansalsocallforleasestoretailersandpossiblyafinancialinstitution.

REgAl vAllEY coMMoNs,$30Mretail/commercialdevelopment,VeteransMemorialParkway,on29acres.

stADiUM cApitAl/720 NoRtHwEstERN (jointventure:CampusAcquisitionsandSouthStreetCapital),buildingafive-story,mixeduse,retail/apartmentproject(twoblocksnorthof HayesTriangle,above),withtwolevelsof undergroundparking;apartments:490beds;retail:FreshMarketgrocery,bookstore,RegionsBankandfast-foodrestaurantsongroundfloor;405parkingspaces.

stAtE stREEt coRNER, StateandNorthwestern,49,500sf,5-story,with24apartmentsandthreefloorsof retailspace,includingaCVSPharmacy(replacingSmoothingKingandWhereElse?Bar);yettobegin.

commercial

iNoKcommercialbusinessparkaddinga13,000sf newbuildingand12,000sf additiontoexistingbuildingforAcell.

iNNovAtEcH improvingfacility,$50,000.

MARKEt sQUARE sHoppiNg cENtER acquiredbyLafayetteMSPLLC,severalinvestors,includingJennieKirby,KirbyRealtyowner;30tenants.

MARKEt soUtH,$975,000,VeteransMemorialParkway,announced.

Residential

AssistED liviNg fAcilitY,$14M,formerHomeHospitalsitebeingdevelopedbyCarmel-basedMainstreetatformerHomeHospitalsite;100beds,singlestory,66,000sf,toopensummer2014,$14M,toemploy130,yettobenamed.

Real Estate/Developments

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

19

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

cENtENNiAl towNHoMEs: DevelopernowbeingsoughtforformerMidwestRentalssiteon5thStreetdowntown;apublic/privatedevelopment;$5millionprojectexpected.

tHE cottAgEs oN liNDBERg plannedforLindbergandMcCormickRoads;129single-familyandduplexunitsforstudenthousingon18-acresite;toincludeclubhouse,trails,volleyballandbasketballcourts.

NoRtHwEstERN & MERiDiAN, GarySchroederbuilding3-storyapartmentcomplex(818Northwestern),2013opening.

pARK plAcE ApARtMENts, .75-acresite,$1.24M,three-storybuilding,23units,51bedrooms,440S.Chauncey(GregMilakis).

pi BEtA pHi soRoRitY, $700,000renovation.

UNivERsitY tERRAcE,three-story,25-apartmentunitwith53bedrooms,plannedfor105E.StateSt.,nearPurdue,toincludetwo-storyparkinggarage(GregMilakis).

Building/sales Activity

REsiDENtiAl sAlEs,allof TippecanoeCounty

2013: 1stand2ndquarters:1,099 propertiessold,$159.2M,average price$144,900

2012: 1,923propertiessold,$283.5M;averageprice$147,441

2011: 1,627propertiessold,$219.6M;averageprice$134,997

2010: 1,674propertiessold,$233.2M;averageprice$139,306

2009: 1,774propertiessold,$245.5M;averageprice$138,369

2008: 1,789propertiessold;$255M;averageprice$142,316

siNglE-fAMilY BUilDiNg pERMits,allof TippecanoeCounty

2013: 221(1stand2ndquarters)

2012: 496

2011: 462

2010: 381

2009: 405

2008: 438

Real Estate/Developments | Continued

Affordable, distinctive housing is a plus.

20

Unlessotherwisenoted,recognitionsareforLafayetteMSA,whichincludesBenton,CarrollandTippecanoecounties.

2013

Business

No. 1inIndianaandNo. 8nationally,Fortune,BestPlaceforSmallBusiness,basedoncostof business,jobsgrowth,educationalachievements.

No. 17 of 200,NewGeography,BestCitiesforManufacturing.

EconomicFront-Runner,AreaDevelopmentMagazineinLeadingLocationsList.

No. 21of 25,MoneyMagazine,WestLafayette,forcitieswithyoungestpopulation;medianage23.5.

Education, Brain power

No. 1fornumberof graduatesincomputerspercapitaand

No. 17of 20formetrosproducingcollegegraduatesincomputers,ExpansionSolutionsMagazine.

No. 3,Luminosity’sSmartestCitiesforcognitivepower.

iN top 100metropolitanareas,USAToday,forincreaseinpercentof populationandnumberof peoplewithbachelor’sdegreesfrom2006to2011;increaseswere45.1percentand4,708individuals.

Recognitions

tourism

No. 14of 51,MSNLiving/Parentingmagazine,mini-vacationspotrankings.

indiana

No. 1intheMidwestandNo.5nationally,Chief ExecutiveMagazine,BestPlacetoDoBusiness.

No. 2,SiteSelectionMagazine,Top10CompetitiveStates.

2012No. 2,America’sBrainiestCities,TheAtlantic,basedonnumberof collegegraduates,percentworkinginknowledgeandcreativeworkandotherperformancedata.

No. 8,BestCollegeTownsinAmerica,AmericanInstituteforEconomicResearch,basedonarts,leisure,employment,entrepreneurialactivityandotherfactors.

No. 15,Forbes,BestSmallPlacesforBusiness&Careers(citiesunder250,000);No. 23,costof doingbusiness;

No. 64,jobgrowth;No.30education.

No. 37 of 179,BestSmallestMetros,MilkenInstituteBest-performingCitiesIndex,forjobcreation,economicgrowth.

WallStreetJournalSmartMoneynamedLafayetteasoNE of foUR placestoconsiderforretirement.

iNDiANA No. 14,CNBC,BestStatestoDoBusiness;No. 7,Costof Living.

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

CHICAGO

LAFAYETTE

INDIANAPOLIS

21

public schools

lAfAYEttE scHool coRp. 11schools,7,036students;1FourStarschool

tippEcANoE scHool coRp.18schools,11,844students;5FourStarschools

wEst lAfAYEttE coMMUNitY scHool coRp. 3schools,2,138students;3FourStarschools

eduCation

P-12 Schools

REcENt ActivitYNEw coMMUNitY scHool,acharterschoolforgradesK-6foundedin1992,consolidatedinitsfirstschool-ownedsite($1M);15classrooms,44,000sf;enrolls230withplansfor350.

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

ovERviEw orethan8,600studentsareenrolled inIvyTechCommunityCollege LafayetteRegioninspring2013,withanother3,000fromotherregionstakingdistanceeducationcoursesthatoriginateinLafayette.Thepublic,open-accesscollege,whichemploysnearly700,hassevenbuildingson51acresinLafayette.Itsfacilitiesincludeajoint-usecollege/publiclibrary.ItalsooperatesadowntownLafayettesatelliteandseveralregionalsites.

Thecollegeofferscoursesinmorethan80programsof studyandawardsassociatedegreesandtechnicalcertificates.Studyareasincludebiotechnology,advancedmanufacturing,agribusiness,alternativefuelstechnology,liberalarts,elementaryeducation,computerinformationtechnology,surgicaltechnology,criminaljusticeandnursing.Thecollegealsooffersspecializedworkforcetrainingandcontinuingprofessionaleducation.

Ivy Tech Community College

REcENt ActivitYcRAig poRtER ENERgY cENtER, $750,000,1,000sf buildingopenedJuly2013,trainingfacilityforenergytechnologytechnicians;poweredbyrenewableenergysystems.

fRANKfoRt campusopenedfall2013;NewtonCountyInstructionalCenteropenedfall2013,with16classes.

citY of cRAwfoRDsvillE builtandleased$4.7Mfacility toIvyTech,allowingthecollegetooperateafull-degreegrantingcampusinMontgomeryCounty.

coRpoRAtE collEgE:Launchedin2011asumbrellafortraining,certifications,skillsimprovementcourses.

possiBlE ExpANsioN:Collegeisplanningtorequeststatefundingforan80,000sf,$25Mbuilding,nowinconceptualstage,forthe2013-15statebudgetcycle.

M

22

ovERviEw IndianaUniversitySchoolof Medicine– LafayetteoperatesonthePurdue Universitycampus,admitting16first-yearmedicalstudentseachfall.

REcENt NEwsTheschoolwillmoveintoanewfacilityfall2014,occupyingpartof theLyles-PorterHallof HealthandHumanSciencesatPurdue.IUHealthArnetthascontributed$1Mforthebuilding’scollaborativelearningcenter.

Indiana University School of Medicine - Lafayette

I

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDS

WovERviEw estLafayettecampusenrollment: Fall2012,38,310students,7,934of theminternationalstudents;employed:some15,000,includingabout1,900tenuredfaculty.Degreesofferedintheschoolsandcollegesof agriculture,education,engineering,healthandhumansciences,nursing,liberalarts,management,pharmacyandpharmaceuticalsciences,science,technologyandveterinarymedicine.About6,000earnundergraduatedegreesannually;1,400,master’s;and550,doctorates.

Facilities:Some375buildingson17,794acres,includingfarmland.Sponsoredresearchfunding:$354Mforfiscalyear2011-12($419.6M,2010-2011;$438M,2009-10;$342.2M,2008-09);amonghundredsof specializedcentersarecollaborativemanufacturing,managementof manufacturingenterprises,pharmaceuticalprocessingresearch,computerintegratedgoodmanufacturingandsoftwareengineeringresearch.

University’seconomicimpactinthestateismorethan$4.2Bannually.

REcENt ActivitYHoNoRs: Universityimplementedhonorscollegeprogramfall2013.

DiscovERY pARK pARtNERs, 10,000sf facilityopened2013.

tHE pURDUE foUNDRY opened2013inBurtonMorganCenterforEntrepreneurs,toassiststartups.

NEw fAcilitiEs/RENovAtioNs REcENtlY coMplEtED • $98MrenovationCórdovaRecreational

SportsCenter,completed2012.

• $29.7M,68,780sf CenterforHighPerformanceBuildingsandHerrickLaboratoriesreplacementopenedMay2013.

• $25.7M,71,822sf thirdandfinaltoweratFirstStreetTowersresidentialcomplexcompletedMay2012.

• $21MNorthwestAthleticsComplex:newbaseballstadium,improvementstosoccerfieldcompletedspring2012.

• $9.8M,51,779sf WindsorResidenceHallrenovations,PhaseV,openedAugust2012.

• $6.3M,69,780sf LillyHallPhaseVIIrenovation,openedMarch2013.

• $4.5M,36,752sf YoungHallrenovation,openedJune2013.

Purdue University

23

UNDER wAY• $54M,112,000sf Lyles-PorterHalland

attached850-spaceHarrisonStreetparkinggarage,toopenMay2014inLifeandHealthSciencesPark,forspeech,languageandhearingsciencesandotherhealthprograms.

• $39.9M,300-bed,124,189sf VawterFieldHousewithrestaurantandconveniencestoretoopenJune2014.

• $38.9M,147,000sf HayesTrianglemulti-usefacility,516NorthwesternAve.,toinclude$18MWangHallof ElectricalandComputerEngineering,retailersandafinancialinstitution,toopenApril2014.

• $29.5M,81,500sf CenterforStudentExcellenceandLeadershiptoopenMarch2014.

• $28.7M,65,400sf drugdiscoverybuildingforCenterforPharmaceuticalDevelopmenttoopeninFebruary2014inLifeandHealthSciencesPark.

• $22M,59,000sf replacementforFoodStores,toopenJuly2015.

• $15.9,28,600sf multidisciplinarycancerresearchcenter,additiontoBindleyBioscienceCentertoopenlatefall2013.

• $8MBaileyHallforPurdueMusicalOrganizations,15,328sf,toopenAugust2014.

• $5.7MWetherillLaboratoryof Chemistryairhandler.

• $4.1MStewartCentersprinklersystem,tobecompletedFebruary2014.

plANNED• $58Manimalsciencesfacility

• $13Msoftballstadium

PURDUE UNIVERSITY | Continued

G r e at e r L a fay e t t e C o m m e r C eECONOMIC

TRENDSEducation is highly valued.

TRENDSG r e a t e r L a f a y e t t e C o m m e r C e

EcoNoMic

Publishedby GreaterLafayetteCommerce,Economic TrendshighlightsactivitiesandinvestmentsimpactingtheeconomyinTippecanoeCounty,Indiana.Formoreinformation,visitwww.GreaterLafayetteCommerce.com

GreaterLafayetteCommerce337ColumbiaSt.|P.O.Box348LafayetteIN47902|765/742-4044

sitE AvAilABilitY http://statein.zoomprospector.com

EditorsjoDY HAMiltoNDirectorof EconomicDevelopmentjhamilton@greaterlafayettecommerce.com

lAUREN DAvisEconomicDevelopmentProgramManagerldavis@greaterlafayettecommerce.com

GreaterLafayetteCommerce,foundedin1927,isanonprofitmembershiporganizationsupportedbylocalindustriesandgovernments.Itsmissionistoadvanceeconomicandcommunityprosperityforasuperiorqualityof life.

September2013

24

pUBlicAtioN fUNDED BY tipMoNt REMcTIPMONT

R E M C

ovERviEw everalothereducatorsofferprograms foradults.LafayetteAdultResource AcademyprovidesbasicskillstrainingandGEDstudies;ExcelCenterprovidesadulthighschooleducation.OnandoffsiteworkforcetrainingisofferedbyIvyTechCorporateCollege.Andnationallyaccredited,career-focusedHarrisonCollegeoffersninebusinessandfourhealthscienceprograms,awardingcertificates,associateandbachelor’sdegrees.LeadershipLafayetteprovidesanannualcommunityleadershipprogram.

Workforce Development

REcENt ActivitYADvANciNg MANUfActURiNg: wE HAvE joBs HERE, wE HAvE tRAiNiNg HERE,launchedin2012byIvyTechCorporateCollege,WorkOneandGreaterLafayetteCommercefordirect-hiremanufacturingjobsandascholarship-fundedcertifiedproductiontrainingprogram(seeCommunityInitiatives).

ExcEl cENtER,publiccharterschoolthroughGoodwillof CentralIndiana,opened;free,servingupto300adultsseekingCore40highschooldiploma;day,eveningclasses.

lAfAYEttEcH launchedin2012toprovidehigh-techentrepreneurialopportunities.

tRicocci UNivERsitY BEAUtY collEgEacquiredLafayetteBeautyAcademy,remodeled

S