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


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


TRENDS

5



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


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


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


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


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


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


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



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


TRENDS

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

13


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


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.


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


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.


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


TRENDS

19


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




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.


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.


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


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


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 [email protected]

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

economic - columbian park zoo

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