greater lafayette commer trendscehenrypoor.com/blog/wp-content/uploads/2012/02/trendsfeb2012.pdf ·...
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Off to a Great Start in 2012 anuary2012announcementsof $108.5M innewprojectskickedoff whatstandsto bearobustyear.Theprojects:Anew$90M,115,000sf aluminumlithiumplantontheAlcoacampustoopenin2014willadd75newjobs;andanew$18.5M,55,000sf ErnestHealthinpatientrehabilitationhospitaltoopenin2013willemploy75.
New Manufacturer, Life Science Startups and Expansions Headline 2011
NanshanAmericaAdvancedAluminumTechnologies’announcementthatitwillbuilda$100millionmanufacturingplantandemploy200makingextrudedaluminumproductstoppedthenewsin2011.Nearlyanother$400millionmoreincapitalinvestmentsincludesexpansionsateightexistingindustries,newrealestate
developmentsandothernewbusinesses.Continuedgrowthinlifesciencestartups,medicalfacilitiesandpublicworksalsoreflectrobusteconomicactivity.
Highlights• $444.3Mincapitalinvestmentsmadeor
announcedin2011($640.1Min2010;$340.93Min2009;$592.9Min2008)
• Newindustries:NanshanandGraybar
• Expansionsateightindustries
• 41newretailersandrestaurantsin2011(35in2010;40in2009)
• 12newmedicalfacilitiesin2011
• 12newlifescience/high-techstartupsin2011(7in2010;11in2009)
• 1,627homessoldin2011;(1,674in2010;1,700in2009)
• 462newsinglefamilybuildingpermitsin2011(381in2010,405in2009)
Recent Activity
Quick Glance, 2011 Positive Activity
Industrial
ALcOA: $3.8Minenvironmental,wastewatertreatmentenhancements
cAtErpILLAr: $2.7Mininvestments,increasedemployment
cOLEMAN cAbLE: $18.5Mininvestments,increasedemployment
DAytON-pHOENIx GrOup: Relocatedtosinglesite,$.7Mfacilityupgrade
FAIrFIELD MANuFActurING: Increasedemployment
GrAybAr: OpenedLafayettesupplychainmanagementandlogisticsservicessite
INDuStrIAL pALLEt cOrp.: Investing$5Mto$8M,facilityexpansion,addingemployees
IN tHIS ISSuE
Finance | Insurance 21
High-tech | Life Sciences 10
Industry 6
Ivy Tech 24
Media 22
Medical 19
Nonprofit Sector 22
Professional 15
Public Works | Schools 23
Purdue University 25
Real Estate Developments 17
Retail | Hospitality | Tourism 15
Sustainable Energy 9
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
yEArEND 2011
J
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LANDIS + Gyr: AcquiredbyToshibaCorp.
NANSHAN AMErIcA ADvANcED ALuMINuM tEcHNOLOGIES: BuildingitsfirstU.S.manufacturingsiteinLafayette,$100millioninvestmenttoemploy200makingextrudedaluminumproducts;slatedtobeginproductionJuly2012
SubAru OF INDIANA AutOMOtIvE: Increasedemployment,added3,500sf Health&WellnessCenter;invested$3.3Monstorageaddition;$14to$19millioninnewequipmentfor2013LegacyandOutbacknewenginemodel
WAbASH NAtIONAL: Releasednewproduct,industry’sfirstdryfreightvanwith35,000lbfloorrating;increasedemployment,$2.5Minequipmentadded;beganfractankproduction
OScAr WINSkI: AddedeRecyclingDivisionforelectronicdevices
Sustainable EnergycItybuS installedthreewindturbinestohelppowerfacilities;received$2.18Mingreenhousegasreductionfundingfortheproject
Ivy tEcH cOMMuNIty cOLLEGE building$750,000,1,000sf CraigPorterEnergyCenter,tobepoweredsolelybyrenewableenergyaslearninglabforenergytechnologyprogramstudents,toopenfall2012
purDuE ENErGy pArk plannedfornorthwestTippecanoeCounty;Purdue,PurdueResearchFoundation,andPerformanceServicesdeveloping$200M,50-turbine,100megawattwindfarmonPurdue’s1,600-acreAnimalSciencesResearchandEducationCenterand2,400acresof privateland
High-tech/Life SciencesNEW cOMpANIES LAuNcHED IN 2011: CellafloraDesign,FoundOPS,FutagoInc.,HNTBLiDARLab,Mor-NuCoLLC,NanoSenseInc.,PARSECSolutions,Purdue
EnterpriseCo.,Sorian,TecMarkInc.,TymoraAnalytical,VisionAdvantage
bASI investing$200,000toremodelforonsitehealthclinic
DOW AGrOScIENcES moveditsseedqualitycontrollabfromIowatoPurdueResearchPark;$11.6Minvestment
ENDOcytE completedIPO,raisedmorethan$180M,tradedonNasdaqatECYT
FLIr SyStEMS INc. aquiredFlirMassSpectrometry,formerlyICxTechnologies
trIcLINIc LAbS added5,000sf of labandofficespaceinInnovatechBuilding;hiring10
WINtEk invested$1.7Mincorenetworkupgrade
professional/ServicesOpENINGS, 2011: HallmarkHomeMortgage,JenniferC.Russell’sEdwardJonesOffice,KidsCulinaryCreations,NextMarketing&NewMedia,PinkTeamCleaningServicesLLC,PromenadeSelf Storageadditions,SaludRevenueSolutions,VistageInternationalInc.,WhiteGloveCleaningCo.
HENrIOtt INSurANcE movedtoRenaissancePlace($.6Mbuild-out)
rEILING, tEDEr, SHrIEr LAW FIrM movedtoRenaissancePlace($.3Mbuild-out)
retail/Hospitality/tourismrEtAIL OpENINGS, 2011, pLANNED FOr EArLy 2012: Adelino’sMarketplace&Deli,AmericanFreightFurnitureandMattress,BasketworksandMore/Artof LifeCafé,Brad’sMotorMarketplace,CitiTrends,CGVision,ExpressStore,FlooringExpress,Fanzz,JF&Company,JumpIt,Louie’sTuxShop,Marathon/QuickPantry(downtown),secondMike’sCarWash,Natalie’sSecondHandShop,NFPTStrength&Fitness,O’ReillyAutoParts,Kroger/PayLessFuelStationEast,PetSuppliesPlus,PortraitInnovations,PubsandBubblesPetSpa,RedPoppyStudios&Gallery,Robots&RoguesNew&UsedBooks,SomethingBlueBakery,SpeedProImaging,TeekiHutT-shirts
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
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uNIvErSIty tErrAcE planned,three-story,25-apartmentunit/parkinggarageprojectnearPurdue
Medical/Health OpENINGS, 2011: AlwaysBestCareSeniorServices,AnyLabTestNow,CornerstoneAutismCenter,BaldwinPlasticSurgery,CreasySpringsHealthCampus,KoolSmiles,LafayetteLowVisionCenter,LifespanHealthServiceInc.,LittleStarCenter,UnityPainManagement,WhisperHearingCenters
Iu HEALtH ArNEtt building$8.3MWestLafayetteclinicandinvesting$5Mfor6thfloorhospitalbuildout
rIGGS cOMMuNIty HEALtH cENtEr expandingtoformerWoman’sClinicsite
SycAMOrE SprINGS building$7Mbehavioralandaddictiontreatmentcenter
WEcArE tLc beganoperatingonsitehealthclinicsatFairfieldManufacturing,Subaruof IndianaAutomotiveandTippecanoeCountyGovernment;toopenearly2012atBASi
WEStMINStEr vILLAGE retirementcommunityinvested$26Mon25,000sf WestminsterHealthCenteraddition,renovations;$1.8Msocialbuildingaddition,renovation
Finance/InsurancecrAIG GrAHAM INSurANcE locatedtoZanikRetailCenter,2011
INNOvESt pOrtFOLIO SOLutIONS openedinPurdueResearchPark
kENtLAND bANk openedLafayettebranch
purDuE FEDErAL crEDIt uNION namedoneof 70BestPlacestoWorkinIndianabyIndianaChamberof Commerce,2011;openedbranchatIvyTechCommunityCollege
rEStAurANt OpENINGS, 2011, pLANNED FOr EArLy 2012: BigTime’sBar-B-Que,Dawson’sSchoolHouseof Chili,EchoKaraoke,FirehouseSubs,FortuneHouseBuffet&Grill,FoxPizzaDen,Fuzzy’sTacoShop,Jethro’sBBQn’Grill,Niko’sSpicyPickle,TheOtherPubnewbuilding,PizzaKingWest,PreRestaurantandLounge,SouthsideDiner,TeppanyakiGrill,UncorkedWineBar
cLub NEWtONE spent$.8Mtorenovateitsfitnessfacility
HOLIDAy INN ExprESS buildinga$1.7M,83-roominnoff SR26EastonProgressDrive,toopen1stquarter2012
kENDrIck NISSAN isspending$.7Monaremodel
LAFAyEttE-WESt LAFAyEttE cONvENtION & vISItOrS burEAu welcomed425conferencesandmorethan50,000delegatesin2011
MIkE’S cAr WASH expandeditsoriginalfacility
pAyLESS WESt LAFAyEttE: $1.3Mremodel
rOHrMAN tOyOtA iscompletingitsdealershiponStateRoad26
tHrEE WALGrEENS remodeled,$1.7M
WALMArt WestLafayettespent$1.1Monrenovation
yMcA openeddowntownfacilityinRenaissancePlace
real Estate brOWN StrEEt tOWNHOMES, public/privateprojectplannedneardowntown,14-18townhouses
cHAuNcEy SquArE Phase2,six-story,110-unitapartmentprojecttoopenAugust2012
tHE cOttAGES ON LINDbErG planned,195single-familyandduplexunitson18acresoff LindbergandMcCormickRoads,TrinitasVentures
Nrp prOpErtIES, apartmentprojectforages55+,nearSt.ElizabethEast,underway
Quick Glance | continued
G r e at e r L a fay e t t e C o m m e r C eECONOMIC
TRENDS
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Nonprofit cOMMuNIty FOuNDAtION OF GrEAtEr LAFAyEttE disbursed$636,221ingrantsandscholarshipsin2010
ISLAMIc SOcIEty isintheplanningstagesforconstructingacommunitycenter
LAFAyEttE FAMILy yMcA received$50,000AlcoaFoundationgrantand$6,500J.C.Penneygrantformobilegyms,watersafetyequipmentandhealth/fitnessandswimsafetyprograms,2011
LAFAyEttE trANSItIONAL HOuSING spent$700,000onaremodel
LONG cENtEr FOr tHE pErFOrMING ArtS purchasedadjacenttwo-storybuildingatSixthandColumbiaforartsgroups’officeandrehearsalspace
tIppEcANOE cOuNty pubLIc LIbrAry addingTechnologyCommonsin2012,renovatingadjacentbuildingforoffices,$600,000investment
trINIty IMMANuEL uNItED cHurcH OF cHrISt undergoing$1Mrenovation,addition
uNIvErSIty cHurcH $560,000remodelunderway
uNItED WAy OF GrEAtEr LAFAyEttE’S 2011campaignexceededitsgoal,raising$4.6millioninpledges;ReadtoSucceedlaunched,placing250volunteersinfivepublicschools;$60,000fundingfromWalmartFoundationtohelpprogramexpand
WOLF pArk builtWrightLearningCenteronitscampus
public Works/SchoolscOLuMbIAN pArk ZOO tobuilddonor-funded,$300,000educationcenter
FOur StArS: Threeelementaryschoolsearnedstate’shighestranking:Miller,BurnettCreek,CumberlandandHappyHollow
LAFAyEttE’S cENtENNIAL NEIGHbOrHOOD chosenforGlobalGreen’sCreatingSustainable
NeighborhoodsTechnicalAssistanceProgramunderEnvironmentalProtectionAgency’sBuildingBlocksforSustainableCommunitiesprogram;assistancewillcoverfreeneighborhooddesignconsultation.
Ivy tEcH cOMMuNIty cOLLEGE: 2011:Cityof CrawfordsvilleisbuildingafacilitytobeleasedtoIvyTechthatwillallowthecollegesitetobecomeafull-degreegrantingcampus;inLafayette,thecollegelaunchedaone-yearacceleratedassociatedegreeprogramwith$1Mprivatescholarshipfundingfor25studentsayear;enrollmenttopped7,600forfall2011;smallagbuildingaddedtocampus;launchedIvyTechRenaissanceInstructionalCenterindowntownLafayettein200,000sf of spaceinRenaissancePlace,with750studentstakingclasses;launchedIvyTechCorporateCollege
purDuE uNIvErSIty: 2011/2012enrollmentinWestLafayette:39,637,including7,934internationalstudents;$153Minnewbuildingprojectsunderway;$166.1Minnewprojectscompletedin2011;$499.2Minnewprojectsandrenovationsplannedfor2012to2013.
tIppEcANOE ScHOOL cOrp. openednewWyandotteElementaryfall2011.
NEW cOMMuNIty ScHOOL tomovetoformerPayLessgrocery.
Workforce reductions, 2011LAFAyEttE LIFE INSurANcE: 150employeeswhenitclosedmid-2011
purDuE: 509earlyretirementsgrantedtoreduceworkforce/budget,earlytomid-2011
Greater Lafayette DemographicspOpuLAtION, 2010
Lafayette 67,140
WestLafayette 29,596
Allof TippecanoeCounty 172,780
14-countyregion 551,809
Laborforce,TippecanoeCounty 81,595
Quick Glance | continued
G r e at e r L a fay e t t e C o m m e r C eECONOMIC
TRENDS
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2011• No.5,MostLivableBargainMarket,
MSNRealEstate/Sperling’sBestPlaces,basedonemployment,shortcommutetimes,culture,recreation.
• No.6,Top10StatesforBusinessClimate,Indiana,SiteSelectionmagazine(Indianaranked:5,newplantspermillionpopulation;7,newplantsin2011;8,competitiveness;9,executivesurveyand2010plantrank;10,taxclimate).
• No.8,Top10RetirementTowns,SecondAct/EntrepreneurialMediaInc.;foraffordability,architecturalcharm,culture,recreation,publictransportation,collegetown.
• No.9Fastest-growingU.S.City(WestLafayette),Businessweek.com.
• No.10MostAffordableCollegeTownintheU.S.,ColdwellBanker.
• No.11,BestSmallPlacesforBusinessandCareers,Forbes.
• No.16,Top25GreenestCities(Lafayette),DailyBeast.
2010• No.1RisingStar,Newgeography.com,
LafayetteMSA(Benton,CarrollandTippecanoecounties),small-sizedcitiesforemploymentlevels.
• No.2CommunitieswithMostAffordableHomes(Lafayette),MoneyMagazine;medianhomeprice:$82,210;medianfamilyincome:$60,643.
• No.11BestTown/Citytoliveinasacollegestudent,AmericanInstituteforEconomicResearch.
• No.12BestSmallCityforBusinessandCareers,Forbes.
• WestLafayette14thcityinIndianatosignonwithIndianaDepartmentof EnvironmentalManagementasaCLEAN(ComprehensiveLocalEnvironmentalActionNetwork)Communityforsignificantcommitmentstoenvironmentalmanagement.
• SilverShovelAward,AreaDevelopmentSiteandFacilityPlanningMagazine,toIndianaforattractinghigh-valueinvestmentprojectsthatcreatenewjobs;oneof 10companiescontributingtothewin:Ryla,aLafayettecallcenter.
Recent Recognitions
2009• No.1RisingStar,PraxisStrategyGroup,
BestCitiesforJobsintheU.S.
• 6thMostEducatedSmallTown(WestLafayette),Forbes.
• 8thBestMetrooutof 179forCostof DoingBusiness,Forbes,basedoncostof labor,energy,taxesandofficespace;17thBestforProjectedJobGrowth.
Purdue University All-American Marching Band.
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Overview
bout100manufacturingandindustrial firmsoperateinTippecanoeCounty, employingabout21percentof TippecanoeCounty’sworkforceandshippingproductsworldwide.
Industry ranking based on Employment (100+)WabashNational 4,300
Subaruof IndianaAutomotiveInc. 3,550
CaterpillarLargeEngineCenter 1,800
FairfieldManufacturing 1,200
Alcoa/LafayetteOperations 690
EvonikDegussaCorp.TippecanoeLabs 650
LafayetteVenetianBlindInc. 612
Tate&Lyle,northandsouthplants 454
TRWCommercialSteering 344
KirbyRiskServiceCenter 201
ReaMagnetWireCorp. 182
ColemanCable 147
ChemturaCorp. 130
OscarWinskiCo.Inc. 124
Landis+Gyr 120
IndustrialPalletCorp. 120
key Industries (listed alphabetically)
ALcOA/LAFAyEttE OpErAtIONS690employeesExtrudedaluminumproducts2012:New$90M,115,000sf aluminumlithiumplanttoopen2014,employ75.2011:$3.8Minenvironmentalandwastewatertreatmentenhancementsunderwayinfall,includingimprovedstormwaterrunoff,storagebasins,landscaping,pervioussurfaceparkinglotandraingardens.
ANDOvEr cOILS LLc60employeesElectroniccoilsandtransformers2010:Invested$1.25Minequipmentthroughacquisition;added25employees;tohireanother28by2014.
tHE bEttEr tHAN cO. INc.Brunoscotti,avarietyof biscotti2011:Nowmakingin50flavors,sellinginsixstates.
INDUSTRY
cSt/bErGEr, DIvISION OF StANLEy WOrkS25employeesLaserlevelingandmeasuring
cANtEEN cOrrEctIONAL SErvIcESMeal,laundryservicesforcorrectionalfacilities10employees
cArLEx GLASS cO. 12employeesAssembly,curingwindowpanelsforautos
cAtErpILLAr LArGE ENGINE cENtEr1,800employeesDieselandnaturalgasengines2011:AddedLEDlightingsysteminmanufacturingarea;invested$2.7Mintestfacilityandmetaltestcell.
cAtErpILLAr LOGIStIcS SErvIcES INc.Trucking,warehousing
cHrOMcrAFt rEvINGtON INc.Residential,commercialfurnitureOfficesinWestLafayette;productioninMississippiandChina
A
Nanshan America Advanced Aluminum Technologies is building a $100M aluminum extrusion plant in Lafayette. Pictured are Nanshan's Lijun Du and Lafayette Mayor Tony Roswarski. Both the city and Tippecanoe County provided incentives.
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cOLEMAN cAbLE INc. 147employeesWiremanufacturing2011:$18.8millioninvestmentinrealestateandnewequipmenttomakelargercable;toadd25employeesintwoyears.
DAytON-pHOENIx GrOup INc.56employeesBrakingresistorsforfreight,off-highwayvehicles2011:MovedtovacantSwisherRoadsite,invested$.7Minfacilityupgrade,toreachemploymentof 80infiveyears.
ENvIrONMENtAL rEcycLING INc.Recyclingconstruction,manufacturingmaterials
EvONIk DEGuSSA cOrp. tIppEcANOE LAbS Pharmaceuticalcomponents650employeesLocalproductionincludesactiveingredientsforLilly’sCialis,GemzarandCymbalta;made$50Mplantinvestmentin2010.
FAIrFIELD MANuFActurING(OerlikonFairfieldDriveSystems)1,200employeesGears,shaftsanddrives2010:Investing$53.1Moverthenextthreeyears;LafayettenamedheadquartersfortheDriveSystemsdivision.
FcA MANuFActurING40employeesIndustrialwoodskidsandboxes
GrAybAr7employeesSupplychainmanagement,logisticservices2011:St.Louis-headquarteredbusinessopened10,000sf facilitytoserve11-countyarea,providingsupplychainmanagement;logisticsservices;andelectrical,communicationsanddatanetworkingproductdistribution.
GrEAt LAkES SOLutIONS(formerlyChemtura)130employeesFlameretardantresearchcenter2011:AcquiredUnitedKingdom-headquarteredCCCrumpLtd.
HIckSGASPropanedistributor
IcE crEAM SpEcIALtIESIcecreamnovelties
INDuStrIAL pALLEt cOrp./AMErIcAN FIbErtEcH cOrp.120employeesWoodenpallets2011:Announceditwillinvest$3Mto$8Monbuildingexpansiontodoubleitsspace;54,000sf buildingin2012;another40,000sf later;tohireanother20workers.
kIrby rISk SErvIcE cENtEr201employees,2facilitiesWiringharnessesandsubassemblies
LAFAyEttE puZZLE FActOry4employeesJigsaw,sphereandchalkboardpuzzlesdesignedlocally,manufacturedinAsiaProductsin20,000U.S.,AustralianandNewZealandretailoutlets
LAFAyEttE vENEtIAN bLIND INc.612employeesCustomwindowcoverings
LANDIS+Gyr120employeesElectronicmeters2011:PurchasedbyJapan-basedToshibaCorp.
LIquID SprING LLcSuspensionsystems
M.A.I.L.63employeesOutsourcemailroom;catalogfulfillment
MckINNEy cOrp.27employeesRacecarchassisandcomponentmaker
INDUSTRY | CONTINUED
G r e at e r L a fay e t t e C o m m e r C eECONOMIC
TRENDS
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MEGAbrANDS AMErIcA, INc.Gameandtoydesign
MILEStONE cONtrActOrSAsphaltplant
MuLHAupt’S INc.65employeesCustommetaldoor-frames,contracthardware;OverheadDoors
NANSHAN AMErIcA ADvANcED ALuMINuM tEcHNOLOGIES60in2012;toemploy200by2013High-endaluminumextrusionsusedinmasstransportation,automotive,distribution,industrialandelectricalindustries;train-bodymaterialforhigh-speedrail2011:Company(subsidiaryof China’sNanshanGroup)announceditisbuildingitsfirstU.S.manufacturingsiteinLafayetteinPark350;420,000sf plantand15,000sf office;$100Minvestment;constructiontobecompletebyMay2012;productiontobegininJuly2012withtwoextrusionpresses.Plantalsohasspacefortwomoreextrusionpresses;acastingfacilityplannedforconstructionin2013.
NOrFOLk SOutHErN cOrp.Railyard
pAckAGING SyStEMS OF INDIANA20employeesShippingproducts
pErry FOAM prODuctS49employeesUrethanefoamsandingpadproducts2011:Marked50thyearinbusiness
prOAxIS INc.75employeesSheetmetal,structuralsteelfabricator
rADIAN rESEArcH80employeesWatthourtestequipment
rEA MAGNEt WIrE cOrp.182employeesMagnetwire
rOADWOrkS35employeesStainlesssteeltrucktrailerparts
ScHILLI DIStrIbutION SErvIcES Warehousing/logistics
ScHOOL DAtEbOOkS45employees;35moreseasonallyCustomschoolcalendarssoldinternationally;onsitebindery
StAG cApItAL pArtNErSWarehouse/distributionfacilities
SubAru OF INDIANA AutOMOtIvE INc.3,550employeesAutomobilesandSUVs2011:Employmentincreased;inJulycompleted2-millionthSubaruvehicle;investing$14Mto$19Minnewequipmentfor2013LegacyandOutbacknewenginemodel;added3,500sf Health&WellnesCenterwith7examrooms,labs,classrooms,toofferfreeprimarymedicalcareandlifestylecounseling;expandedstoragewith$3.3Minadditions.Productionof Tribecatoendthisyear.2010:Recordproductionof 246,000vehicles;$42millioninnewequipmentinstalled,withanother$40millioninstalledbyToyotoManufacturing.
tAtE & LyLE, NOrtH AND SOutH pLANtS454employeesCornstarch,cornsyrupandsweeteners2011:$200,000buildinginvestment
tOyOtA tSuSHO AMErIcA INc.55employeesTire,wheelassemblyforToyota
trW cOMMErcIAL StEErING SyStEMS344employeesSteeringgearsTwoplants
vOEStALpINE rOtEc GrOup 84employeesPrecisionsteel/aluminumcomponents,pedalboxspacertubesandseatbelt/airbagcomponentsforautoindustry.2011:Spending$2.5Mtoexpandfacilityandincreaseproduction;hiringanother15.
INDUSTRY | CONTINUED
G r e at e r L a fay e t t e C o m m e r C eECONOMIC
TRENDS
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WAbASH NAtIONAL cOrp.4,300employeesCommercialsemi-trucktrailersandrailtrailers2011:Releasednewproduct:industry’sfirstdryfreightvanwith35,000lbfloorrating,DuraPlateXD-35,whichallowsdryvanhaulingforitemsusuallyhauledonaflatbed;increasedemployment;makingupto48,000trailersthisyear;enteredintoagreementwithSabreManufacturing,Knox,Ind.,toproduce2,500fractanks(bulkliquidstoragecontainers)overthenextfiveyears;investing$2.5millioninequipmentatsouthplantsiteandhiringupto200tostaff fracproductionline;partof diversificationstrategy.ProductionstartedinApril;toproduce300fractanksin2011.2010:25thanniversary,locallyheadquartered;produced24,900trailers(12,800in2009,33,300in2008).
WArEHOuSE OF LAFAyEttE LLcDistributionfacilities,1.8Msquarefeet
WEE ENGINEErING INc.8employeesVacuumtanks,tanktrucks,pumpertrucks,customfabrications
OScAr WINSkI cO. INc.124employeesScrapmetal,steelfabrication2011:OpenedeRecyclingDivisionforelectronicdevices.
Overview newindfarmhasbeenannounced forTippecanoeCountyandothersare inthediscussionandplanningstages.IvyTechCommunityCollegeoffersatwo-yearprograminSustainableEnergy,coveringturbines,solarpanelsandothersystems.
recent ActivityIvy tEcH cOMMuNIty cOLLEGE building$750,000,1,000sf CraigPorterEnergyCenter,toopenfall2012,tobepoweredsolelybyrenewableenergyaslabforenergytechnologyprogramstudentstolearnaboutrenewableenergies,smartgridintegrationandelectricvehiclechargingstations(moredetailsinIvyTechsection).
cItybuS: Three windturbinesarepoweringitsfacilities;thepublictransportationcompanyreceived$2.18Mingreenhousegasreductionfundingfortheproject
SUSTAINABLE ENERGY
purDuE ENErGy pArk plannedfornorthwestTippecanoeCounty;Purdue,PurdueResearchFoundationandPerformanceServicesworkingtodevelop$200M,50-turbine,100megawattwindfarmonPurdue’s1,600-acreAnimalSciencesResearchandEducationCenterand2,400acresof privateland.Plansaretoincludeawelcomeandinnovationcenterandfacilitiestostudysolarenergy,waterfiltration,windenergyandbatterystorage.ProjectoriginallyannouncedasPerformanceParkWindFarm($115M)coveringprivatelandownersonly.Goalistosolidifyprojectplansbyyearend2012.
INvENErGy WIND LLc of ChicagoiseyeingasouthwesternTippecanoeCountyareafora133-turbinewindfarm.
O
Downtown Trolley.
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Overview bout100high-techandlifesciences businessesoperateinLafayette-West Lafayette,mostinstart-upstages,employingfewerthanfive.ManyarecapitalizingondiscoveriesmadeatPurdueUniversityandbasedinPurdueResearchParkorlocatedelsewhereandaffiliatedwiththepark.
High-tech/Life-science ranking based on EmploymentBASi 186
MEDInstitute 150
ButlerAmericaLLC 140
CookBiotechInc. 140
HPEnterpriseServices(EDS) 109
SSCI,anAptuitCo. 100
EndocyteInc. 63
FLIRMassSpectrometry 56
ghLLC 40
key businessesBusinesses listed alphabetically; those with no employee number listed have fewer than 5 workers.
AbAquS cENtrALConsulting,engineeringproductdesign
AcELL INc.Tissue-engineeredbiomaterial
ADvANcED AG SOLutIONS LLcTechnologyandconsultingservicesforfarmers
ADvANcED bIOIMAGING SyStEMS LLcDevelopingtechnologytodetectbacterialgrowth
ADvANcED prOcESS cOMbINAtOrIcS9employeesPlanning,scheduling,radiationtreatmentplanningsoftware
AkINA INc.Drugdeliverytechnologycompany
ALLEGrO DyNAMIcS LLcSoftware,webandmobileapplicationdesigner
ArxAN tEcHNOLOGIES26employeesSoftwaresecurity
ASH AccESS tEcHNOLOGyMedicaldevices
AtLANtIc GrEEN tEcHNOLOGy INc.Productionof biofuelandnutritionpharmaceuticalsfromalgae
AxONIOnlinemanufacturingnetwork
bANyON bIOMArkErS INc.BloodteststodetecttraumaticbraininjuryandneurologicaldiseasesFlorida-basedcompanywithPurdueResearchParklocation
HIGH-TECH | LIFE-SCIENCE BUSINESSES
A
Purdue University research often leads to commercialization by new local companies.
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bASI250employeesworldwide;186,WestLafayettePharmaceuticaldevelopment,contractresearchandanalysis2011:$5.5MpublicofferinginMayforcapitalimprovementsandlabequipmentatEvansville,Ind.,preclinicaltoxicologyfacility;spending$200,000onremodelforonsitehealthclinic.
bAtcH prOcESS tEcHNOLOGIESDecisionsupportsoftwareforbatchchemicalprocessingindustries
bIOScIENcE vAccINES INc.Additivetoimprovevaccineeffectiveness
butLEr AMErIcA LLc140employeesEngineeringdesign
cAE-NEt INc.Modeling,simulation,3Dstereovisualizationhardware,software,services
cANtILEvEr tEcHNOLOGIES40employeesShared-informationsoftware
cELLAFLOrA DESIGNAppdevelopment2011:Startuplaunched;firsttwoappsdevelopedandreleased:Enso,amusicgenerator,andTonalverse,forcreatingambientsound.
cONcOrDANcE HEALtHImprovingmedicationcompliancethroughpartnershipwithpharmacistandprovider
cOOk bIOtEcH INc./cOOk GrOup140employeesTissueengineeringresearch,developmentandmanufacturingof medicalproductsusedinwoundcareandsurgicalrepairof damagedorgansandtissues.2010:ReceivedTechPointMiraAwardforHealth&LifeSciences;built$.4Maddition.
cOpIENt tEcHNOLOGIES/Ncr cOrp.11employeesPoint-of-saleand–purchasehardwareandsoftware
cOvIDEO SyStEMS10employeesWeb-basedstreamingtechnologyservices
cruISE SOFtWArERetailindustrysoftwareproducts
curxcELDrugdiscovery
DELMAr INFOrMAtION tEcHNOLOGIES LLcCustomsoftwareusedinvotecenters2011:ReceivedIndianaInnovationAwardfromGreaterIndyInnovationRoundtable;launchedSwoosh!,anapptorecordandanalyzebasketballstatsinrealtime.
DELpHI DELcO ELEctrONIcS SyStEMSAutoelectronicsdesignlab
DEvELOpMENt cONSuLtANtS INc.Materialsdesign,manufacturingconsulting
DOW AGrOScIENcES19Researchfacility,greenhouse2011:SeedqualitycontrollabmovedfromIowatonewfacilityinPurdueResearchPark,tohire27full-timeand15seasonallyforseedlabby2014.2010:NewresearchgreenhousededicatedinPurdueResearchPark;companyoccupies15,000sf of officesinKurzPurdueTechnologyCenter;anticipatesemploymentgrowth.
EItAc SOLutIONS GrOup10employeesProductstoenhancecomputerusebythosewithlowvision
E-LANGuAGE LEArNING LLcLanguagesoftwarethatallowsformonitored,individuallessonsoutsidetheclassroom
HIGH-TECH | LIFE-SCIENCE BUSINESSES | CONTINUED
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ENDOcytE INc.63employeesDrugdeliveryresearch2011:CompletedIPO,tradedonNasdaqunderECYT;raised$180M.
EN’urGA INc.9employeesOpticaldiagnosticequipment
ExEcutIvE AutOMAtION LLcBusinessmanagementsoftwaredevelopment,consulting,training
FAvOrED INc.7employeesMilkwithnutrients,supplements2011:Nature’sFarmmilkproductsnowavailableinIndianaandChicagoarea;discussionsunderwaytoincreasedistributionandaddyogurtproducts.
FAvOrED GrAINSeedbusiness
FLIr SyStEMS INc.56employeesMassspectrometerdevelopment2011:FLIRacquiredformerICxAnalyticalTechnologies
FOuNDOpSSoftwareSystems2011:Launchedcompany
FutAGO INc.Chemicalindustryrelated2011:Companylaunched
FuturAGENE INc.14employeesPlantgenediscovery
gh LLc40employees
Software,Brailletextbooksandotherlearningproductsforpeoplewithreadingandsightchallenges2010:MovedtoexpandedheadquartersonLafayette’seastside.
GrEENtEcH AMErIcA INc.Developsandcommercializesyeast-basedcellulosicethanoltechnology
HNtb LIDAr LAbResearchinoptimizingandleveraginglightdetectionandrangingdataforcivilengineeringapplications2011:Labopened
Hp ENtErprISE SErvIcES109employeesSoftware,technologyservices
HEMOcLEANSE INc.Medicaltechnology
IMAGINEStIcS LLc19employeesSoftwareconnectiontoolsformanufacturingandlifesciences
IN SpAcE LLc5employeesJetpropulsiontechnologydevelopment
INDEpENDENcE ScIENcE LLcConsultswithschoolstoprovideassistivetechnologiesforblindstudents2011:$500,000NationalScienceFoundationgrantreceivedtofurtherdevelopdatacollectiondevicesforvisuallyimpairedstudents.
INDIANA FIbEr tEcHNOLOGyDevelopinglight-weightbio-aggregatesandbiofuels
INMASS tEcHNOLOGIES INc.Soil,bio-remediation
INvIvO vENturES LLcCreatescompaniesfromPurdueresearchfindings;createdafounder’sfundtoprovideseedcapitalfor10to15Midwesterntechnologyventures
INFOcOMM SyStEMS INc.Securityconsulting,research
IvDIAGNOStIcS LLcDevelopingcancerdiagnostickitsandimagingsolutions
HIGH-TECH | LIFE-SCIENCE BUSINESSES | CONTINUED
JANuS bIOSyStEMS5employeesLipidmaterialsresearch
kAryOZEN LLcCellsorters,flowcytometersforlifesciences/healthcareindustries
kNOWrtAL LLcSoftwaredeveloper,usingPurdue-licensedtechnology
kyLIN tHErApEutIcS INc.Cancertherapiesresearch
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
M4 ScIENcES cOrp.10employeesUltra-precision,electro-mechanicalmodulationdevicefordeep-holedrillingusinglow-frequencyvibrationonlathes2011:ReceivedSmallBusinessAdministrationTibbettsAwardfordevelopingnewmechanicaldrillingtechnology,modulation-assistedmachining;signedtechnologysublicenseagreementwithBelgianNVBekaertSAforitsModulationAssistedMachiningTechnology.
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MAGSENSE LIFE ScIENcES6employeesMagneticparticleseparationforresearch,diagnosticsanddrugdevelopment
MAtrIxbIO LLcDevelopingearlycancerdetectionmethodsbyanalyzingsmallmoleculemetabolitesinbloodserum
MED INStItutE/cOOk GrOup150employeesIdentifiesanddevelopsnewmedicalproductconcepts
MOr-NucO LLcDevelops,commercializesproteintechnologyforearlycancerdetection2011:CompanylaunchedinPurdueResearchPark.
MOErAE MAtrIx INc.Developingdrug-tissuescaffoldproductstoimprovesofttissuehealingandregeneration
MOrvID INtErActIvE LLcDevelopsmobiledeviceapplicationsandgames2011:Fowler,Ind.-basedcompany,affiliatedwithPurdueResearchPark.
MpLExuSMedicalimagingsoftwareforInternettransmission
MuDAWAr tHErMAL SyStEMS INc. Thermalmanagementdevicesandphase-changesystems
GErALD p. MurpHy cANcEr FOuNDAtION9employeesNonprofitcancerresearchinstitute
NANOSENSE INc.Nanotechdevicesformedicaldiagnostic,therapeuticapplications2011:Companylaunched,affiliatedwithPurdueResearchPark.
NANOvIS LLcNanosurfacedimplantsandnanostructuredbiomaterials2011:ReceivedIndianaEDGEAward.
NGENx cOrp. Technologyinfrastructureprovideranddeveloperof hostedITapplications
NOx tEcHNOLOGIESCancerdetectionresearch
OMEGA MIcrO tEcHNOLOGIESCeramicsubstratesforelectronicdevices
OptIcAL tHErApEutIc tEcHNOLOGIESFluorescentprobesusedforimagingincancersurgery
pANOptIc INSIGHt LLcConsultingonorganizationssecurityandinnovationrelationships
pArSEc SOLutIONS LLcEngineeringconsultingservices,multi-phasefluidsystems
pASSAGEWAyS LLc25employeesBusinesswebportalmanagementsystemsforbanksandcreditunions
pErFINIty bIOScIENcES INc.6employeesSamplepreparationtechniquesandtoolstofacilitatemassspectronomy2011:Filedprovisionalpatentontime-savingimmobilizedenzymereactor.
pHLEbOtIcS INc.Developsandmanufacturesmedicaldevices
prIMA SpEcIALty vEctOrS LLcUtilizesPurdue-licensedtechnology
purDuE ENtErprISE cO. Technicalconsulting2011:CompanylaunchedinPurdueResearchPark.
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ScALE cOMputING5employeesProvidingenterpriseclass,scalablegridstorage
ScHOOLHOuSE pArtNErS LLcGrantwriting2011:Publishedgrant/fundingopportunityresourcewith4,750listings.
SENSIENt FLAvOrS AND FrAGrANcES LLcMakingcolors,flavorsandfragrancesforfood,beverages,cosmetics,pharmaceuticalingredients,imagingsystemsandotherapplications
SIMuLEx INc.35employeesSimulationproductsfordefenseandbusiness
SOrIAN INc.Researchservices2011:SouthBend,Ind.-headquartered,openedlocaloffice.
SpEctrAcODE INc.Imagingsystems
SpEctrALINE INc.Onlinequalitymonitoring
SScI INc., AN AptuIt cOMpANy100employeesContractresearchandanalyticallab
HIGH-TECH | LIFE-SCIENCE BUSINESSES | CONTINUED
StOrMFrONt prODuctIONS INc.7employeesWebdesign,videoproduction,branding,interactivepresentationsandotherservices
SWIFt ENtErprISES LtD.12employeesHigh-octane,unleadedaviationfuel
tEcMArk INc.Emergencyresponse,restorationcontractormanagement2011:Companylaunched,affiliateof PurdueResearchPark
tHIrtySIx SOFtWArE LLcProvidingintuitivedatacontentmanagementsolutions2011:LaunchedSmartDocssoftwareforprofessionalwriters.
tHrEE.cOMWebhosting,internetmarketing
tIENtA ScIENcES INc.Infraredandmassspectrometryinproteindiscoveryandanalysis
trIcLINIc LAbSConsulting,labworkforsolid-statechemicaldevelopment2011:Added5,000sf of labandofficespaceinInnovatechBuildingforinstrumentation,organicandanalyticalchemistrylabs,offices,conferencerooms;hiring10.
tyMOrA ANALytIcAL OpErAtIONSTestingeffectivenessof cancerdrugs2011:Businesslaunched.
vASc-ALErt8employeesDialysisdiagnosticproduct
vISION ADvANtAGE LLcHelpsautodealersincreaseprofits2011:Companylaunched.
vIvuSNEt cOrp.DigitalCanvas,multi-mediaadvertisingproductforlobbiesandothervenues
vOcArE INc.Telemedicinesystem
WINtEk cOrp.BusinessclassInternetserviceprovider,directfiber-basedprovider2011:Launched$1.7Mupgradetocorenetworktobringbackbonespeedsupto10Gbps.
ZEEkO tEcHNOLOGIES INc.Opticalpolishingresearch
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Overview reaterLafayetteishometonumerous professionalandservicebusinesses, includingarchitects,attorneys,accountants,advertisingagencies,customercarecentersandothers.
recent Activity
DEArING GrOup newnameforformerHaanMarketing+Communications;adagencymovedtoPurdueResearchPark
HALLMArk HOME MOrtGAGE opened
HENrIOtt INSurANcE movedtoRenaissancePlace($.6Mbuild-out)
JENNIFEr c. ruSSELL’S EDWArD JONES OFFIcE opened
kIDS cuLINAry crEAtIONS opened
NExt MArkEtING & NEW MEDIA
openeddowntownbySusanRoweandDavidSanders
pINk tEAM cLEANING SErvIcES LLc
launched
prOMENADE SELF StOrAGE expanded,$1.5Minvestment
SALuD rEvENuE SOLutIONS collectionservicesopened
vIStAGE INtErNAtIONAL INc. CEOorganizationdebuted
WHItE GLOvE cLEANING cOMpANy launched
PROFESSIONAL
G
Overview
argestshoppingvenuesareTippecanoe Mallwith840,000sf andmorethan 100stores,includingMacy’s,Kohl’s,Sears,J.C.Penney,HHGreggandDick’sSportingGoods;andLafayettePavilions,openedin2006withdozensof retailersandrestaurantscovering404,000squarefeet,includingHobbyLobby,TJMaxx,ColdStoneCreamery,Gordman’sdepartmentstore;developmentcontinuing.Othershoppingvenuesinclude:TippecanoeCourtandLafayetteMarketPlace,withabout50retailers.WestLafayettevenuesincludeWabashLanding,SagamoreWestarea,UniversitySquareandtheChaunceyVillageshoppingdistrictnearPurdueUniversitycampus.
Thecommunityishometomorethan225restaurants,rangingfromethniceateriestonationalchains,andafullline-upof 27hotelsandonebed-and-breakfastinn,offeringmorethan2,420rooms,fromfull-servicebusinessclass(HolidayInnCityCentre,BestWesternLafayetteExecutivePlaza&ConferenceCenter,UnionClubandUniversityInnConferenceCenterandSuites)toextendedstay(HomewoodSuites,MarriottTownePlaceSuitesandCandlewoodSuites).
DowntownLafayette-WestLafayettewasdesignatedanofficialculturaldistrictbyIndianaArtsCommissionin2010,encompassingthreeareas:ChaunceyVillage,RiverfrontandtheArtsandMarketdistrict.Downtowncovers92squareblocks,MainStreet,theLevee,WabashLandingandChaunceyHillMall.Morethan250businessesoperatedowntown,includingnumerousrestaurants,boutiqueshopsandprofessionalserviceproviders.Downtownalsoisagrowingresidentialhubwithabout160condominiumsoutof some600housingunits.
recent Activity
LodgingHolidayInnExpressisbuildinga$1.7M,83-roominnonProgressDriveoff SR26East,slatedtoopenin1stquarter2012.
Retail
2011 OpENINGS, ANNOuNcED FOr
2012: Adelino’sMarketplace&Deli,AmericanFreightFurnitureandMattress,BasketworksandMore/Artof LifeCafé,Brad’sMotorMarketplace,CitiTrends,CGVision,ExpressStore,Fanzz,FlooringExpress,JF&Companychildren’sclothes,JumpItindoorchildren’splayground,
RETAIL | HOSPITALITY | TOURISM
L
Riehle Plaza.
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Kroger/PayLesseastsidefuelstation,Louie’sTuxShop,Marathon/QuickPantry(downtown),Mike’sCarWashsecondsite,Natalie’sSecondHandShop,O’ReillyAutoParts,PetSuppliesPlus,PortraitInnovations,PupsandBubblesPetSpa,RedPoppyStudios&ArtGallery,Robots&RoguesNewandUsedBooks,SomethingBlueBakery,SpeedProImaging,TeekiHutT-shirts.
bILL DEFOuW cHEvrOLEt bMWcompletedafacilityremodel,markedits50thanniversary.
kENDrIck NISSAN isinvesting$.7Monaremodelof itsautodealership.
MIDWESt rENtALS movedfromdowntowntoWestLafayette.
MIkE’S cAr WASH expandedoriginalfacility.
rOHrMAN tOyOtA dealershipon26Eastunderway.
pAyLESS WESt LAFAyEttE:$1.3Mremodel.
WALGrEENSspent$1.7Monthreestorerenovations.
WALMArt WESt LAFAyEttE spent$1.1Moninteriorremodel.
Restaurants
Restaurantsopenedin2011/announcedfor2012:BigTime’sBar-B-Que,ChipotleMexicanGrillsecondsite,Dawson’sSchoolHouseof Chili,EchoKaraoke,FirehouseSubs,FortuneHouseBuffet&Grill,FoxPizzaDen,Fuzzy’sTacoShop,Jethro’sBBQn’Grill,LaSalsa,Niko’sSpicyPickle,PizzaKingWestcarryoutanddelivery,SouthsideDiner,TeppanyakiGrill,UncorkedWineBar.
tHE OtHEr pubbuildingnew$1M,two-story,8,000sf barandrestaurantacrossfromcurrentsite,toopenmid-2012.
Downtown Improvements
StrEEtScApING: Finalof fourblocksof streetscapingonCourthouseSquarecompletedin2010,includingnewpublicartinstallations.
INFOrMAtION kIOSkS: Lafayette-WestLafayetteConvention&VisitorsBureauinstalledtwoinformationkiosksin2010andeightin2011;sixareinLafayetteandfourareinWestLafayette.
Tourism/Recreation/Fitness
Lafayette-WestLafayetteConventionandVisitorsBureaureportssome3.5millionvisitorsannuallygeneratemorethan$200millionindirectexpenditures.In2011,thecommunityhostedsome425conventionsandlargemeetings,drawingmorethan50,000delegates,whoseaveragespendingwas$130aday.Italsobroughtinseveralsportstournaments.TheCVBannuallywelcomesmorethan5,000walk-invisitorsatitscenter.
cLub NEWtONE isnewnameforNewtoneFitnessCenter,renovationcompleted2011.
NFpt StrENGtH & FItNESS opened.
LAFAyEttr FAMILy yMcA openedsecondfacilityinRenaissancePlace,downtown,received$50,000Alcoagrantand$6,500J.C.Penneygrantformobilegyms,watersafetyequipmentandhealth/fitnessandswimsafetyprograms,2011.
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RETAIL | HOSPITALITY | TOURISM | CONTINUED
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Overview
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.
PurdueResearchPark:Markedits50thanniversaryin2011;200acresof 725-acreparknowhaveinfrastructure.Currently,theparkhas51buildings;1.3Msf isownedorleasedby160companies;about3,200employeesworkinthepark(largestfirmisStateFarmInsurance,535employees).Theparkhas350,000sf of incubatorspace,thelargestinstitutionallyoperatedtechnologyincubatorprograminthenation.DesignatedanIndianaCertifiedTechnology
Parkin2003,allowinglocaloptionandstateincometaxesfromemployeestobecollectedinadevelopmentfund.Parkhasa$1.3BeconomicimpactonIndiana.
recent Activity
cOMMErcIAL brOkErS heldribboncuttingceremonyforInnovatechDevelopmentsiteat1201Cumberland(formerCTSbuildinginPurdueResearchPark),offeringcleanrooms,wetlabs,high-techmanufacturingspace,conferencerooms;currenttenants:En’Urga,IndianaTechnologyGroup,M4Sciences,TriclinicLabs.
cANDOr rEALty acquiredandrenovatedadowntownhistoricbuildingasitlauncheditsnewbusinessinJanuary2011.It’safull-servicecommercialandinvestmentrealestateagencyandamulti-familyandcommercialpropertymanagementfirm.
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REAL ESTATE DEVELOPMENTS
Mixed-use Developments Announced/under Way
bOILEr GAtEWAy,135-unitapartmentprojectplannedforStateandSalisbury,WestLafayette,bydeveloperBoulderGroupLLC.
HAyES trIANGLE/WANG HALL
(purDuE):$38.9million,147,000sf,four-storybuildingonNorthwestern,tobeconstructedandownedbyPurdueResearchFoundation;itwillleaseparttoPurduefortheSeng-LiangWangHallof ElectricalandComputerEngineering.Plansalsocallforleasestoretailersandpossiblyafinancialinstitution.
rEGAL vALLEy cOMMONS,$30Mretail/commercialdevelopment,VeteransMemorialParkway,on29acres.
WAbASH cOMMONS,seven-acreformerWLKmartsiteacquiredbyLafayette’sGoldenPawsInvestmentsLLC(AlanandJulieWhite);plansaretobuildfourtoeightcommercialbuildings;infrastructureworkbeginsspring2011.Opened:Mike’sCarWash;coming:IUHealthArnett.
Innovatech, Purdue Research Park
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residential Developments
bASHAM:AddingeightunitsonSalisbury,$1M
brOWN StrEEt tOWNHOMES:public/privateprojectneardowntown,LafayetteRedevelopmentCommission,LafayetteUrbanEnterpriseAssoc.,neighborhoodinvestorstobuild14-18townhousesonvacatedcommercialproperty.
cOcHrAN: Adding12unitsto32alreadybuiltonSouthRiverRoad,$1.2M
cHAtHAM SquArEbyBrinshoreDevelopmentLLC,Northbrook,Ill.isredevelopingformerBridgewayApartmentssite;$19.2million,89-unitrentalprojectand10single-familyhomes;workbegansummer2010,apartmentsopening2011and2012,single-familyhomesreadybyJune2012.
cHAuNcEy SquArE pHASE 2,newowner:SouthStreetCapitaltocompleteproject,building$10.8M,six-story,110-unitapartmentbuilding,toopenAugust2012.
tHE cOttAGES ON LINDbErGplannedforLindbergandMcCormickRoads;129single-familyandduplexunitsforstudenthousingon18-acresite;toincludeclubhouse,trails,volleyballandbasketballcourts;constructionslatedtobeginsummer2011.
LINDbErG prOpErtIESbuilding$575,000,18-unitapartmentbuildingonNorthSixth.
Nrp prOpErtIES,AmeliaAvenue,apartmentprojectforages55+,nearSt.ElizabethEast,underway,$17M
pArk pLAcE ApArtMENtS,.75-acresite,$1.24M,three-storybuilding,23units,51bedrooms,440S.Chauncey(GregMilakis).
uNIvErSIty tErrAcE,three-story,25-apartmentunitwith53bedrooms,plannedfor105E.StateSt.,nearPurdue,toincludetwo-storyparkinggarage(GregMilakis).
building/Sales ActivityrESIDENtIAL SALES, ALL OF tIppEcANOE cOuNty
20111Q: 284propertiessold,$37,172,864; averageprice$130,890
2ndQ: 503propertiessold,$62,575,076; averageprice$124,403
3rdQ: 501propertiessold,$73,982,519; averageprice$147,669
4thQ: 339propertiessold,$45,910,100; averageprice$135,428
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-familybuildingpermits,allof TippecanoeCounty
2011: 462
2010: 381
2009: 405
2008: 438
Subdivisionapprovals,2011,through3rdquarter:93lots;thelargest:64inArborChaseBytheLakes.
G r e at e r L a fay e t t e C o m m e r C eECONOMIC
TRENDS
REAL ESTATE DEVELOPMENTS | CONTINUED
19
Overview
reaterLafayetteandsurrounding 18countiesareservedbythree hospitals.FranciscanSt.ElizabethHealth–LafayetteEast(150beds),FranciscanSt.ElizabethHealth–LafayetteCentral(99beds)andIndianaUniversityHealthArnettHospital(152beds).SetonSpecialtyHospital,housedatSt.ElizabethCentral,provideslong-termacutecare.
Numerousmulti-physicianclinicsandambulatorysurgerycentersalsooperate(IndianaUniversityHealthArnettSystem,RiggsCommunityHealthCenter,UnityMedicalCenter,SigmaMedicalGroupandothers),andRiverBendHospitalprovidesmentalhealthcare.
recent ActivityMEDIcAL SErvIcES NEW IN 2011• AlwaysBestCareSeniorServices
• AnyLabTestNow
• BaldwinPlasticSurgery
• CornerstoneAutismCenteropenedan8,700sf daytreatmenteducationalfacility/clinicinPurdueResearchPark.
• CreasySpringsHealthCampusresidentialcarefacilityopenedonCreasyLane;$5.9millionfacility.
• KoolSmiles
• LafayetteLowVisionCenter
• LifespanHealthServiceInc.openedtoprovidehomehealthcare.
• LittleStarCenter,autismtreatment,openedinCascadaBusinessPark.
• InnovationsPainManagementGroup,AUnityHearlthcarePartner,openedin2011.
• WeCareTLC,operatingonsitemedicalclinicsatFairfieldManufacturing,Subaruof IndianaandTippecanoeCountyGovernment;toopenearly2012atBASi.
• WhisperHearingCenter,CascadaBusinessPark.
rEMODELING, ExpANSIONS, 2011:• GreaterLafayetteHealthServicesData
Center,$5Mremodel
• RiggsCommunityHealthCenterexpandingtosecondsite,former
Woman’sClinic,tomorethandoublefacilityspace,addnewhealthcareservicesandincreaseemploymentby60;toopenOctober2012.
• TrilogyHealthServices,St.Mary’sHealthCampus,$700,000remodel.
• WestminsterVillageretirementcommunityinvested$26Mon25,000sf expansionof WestminsterHealthCenter,opentononresidents,and$1.8Monadditionandrenovationof socialbuilding.
uNDEr WAy, ANNOuNcED IN 2011:• IUHealthArnett,31,500sf,$8.3MWest
Lafayetteclinic,toreplaceexistingfacility,openingsummer2013.
• RaintreeMedicalParkisbuildinga28-lotcommercialdevelopmenton34acressouthof newSt.ElizabethEastHospitalonnorthsideof HaggertyLane,eastof StateRoad38(developerGarySchroeder);infrastructureinvestment$5M.
• SigmaMedExpress:$400,000remodelunderwayformovetonewlocation.
• SigmaMedical:10,000sf-spaceonSt.FrancisWayunderwayforexistingphysicianspractice;$636,000project.
MEDICAL
G
Greater Lafayette is a regional healthcare hub for all ages.
20
• SycamoreSpringsbrokegroundinspring2011on10acresfor48-bed,$7Mbehavioral/addictiontreatmentcliniconnineacresinCascadaBusinessPark,toemploy100.OwnedbySpringstoneHealth.
HospitalsINDIANA uNIvErSIty HEALtH ArNEtt HOSpItAL openedatMcCartyLaneandCR500EinOctober2008;the$228M,400,000sf,full-servicehospitalhas152bedswithcapacityfor37more,5operatingrooms,on-demandfoodservice,adjacenthelipad;employmentof 850.Theprojectalsoincludesafive-story,120,000sf medicalofficebuilding,tobebuiltlater.With140providers,anambulatorysurgerycenterandfull-servicehospital,IUHealthArnettisoperatinganintegratedhealthcaresystemofferingpatientsseamlesscare.InSeptember2008,itannounceditwilloperateasanonprofithealthcaresystem.
FrANcIScAN St. ELIZAbEtH HEALtH,anonprofithospitalsystem,operatesFranciscanSt.ElizabethHealth-LafayetteEast,openedinFebruary2010,andFranciscanSt.ElizabethHealth–LafayetteCentral.Combined,theyemployabout2,600.Thenew,$192million,410,000sf,full-servicehospitalwasbuilton103
acresonSouthCreasyLane.Ithas150privatepatientrooms,astand-alonewomen’scenter,eightoperatingsuites,27emergencydepartmentbays,14neonatalintensivecaresuites,roomservicedining,aninteriorcourtyardandchapel.Thehospitalcombinessophisticatedtechnology,thelatesttreatmentsandcompassionatecare.Thecampusalsoincludestwomedicalofficebuildings.Thecentralfacilityprovidesmedicalandintensivecare,psychiatricservicesandemergencyservices.
recent ActivityErNESt HEALtH tobuildan$18.5M,55,000sf inpatientrehabilitationhospitaltoopenin2013andemploy75.
FrANcIScAN St. ELIZAbEtH LAFAyEttE cENtrAL remodeledspacefor15-bedpsychiatricunit.
Iu HEALtH ArNEtt iscompletinga$5M,6thfloorbuild-out.
St. vINcENt SEtON SpEcIALty HOSpItAL,housedinFranciscanSt.ElizabethCenter,isalong-term,acutehospitalprovidingcomplexmedicalcaretothemostcriticallyillpatients.
MEDICAL | CONTINUED
G r e at e r L a fay e t t e C o m m e r C eECONOMIC
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21
Overview
ajorbanks:1stSource,Centier Bank,CharterOneFinancial,Fifth ThirdBank,FirstFinancialBank,FountainTrustCompany,HuntingtonBankof Indiana,JPMorganChase,KentlandBank,LafayetteBankandTrustCo.,LafayetteCommunityBank,LafayetteSavingsBank,OldNationalBank,RegionsBankandSalinBank;creditunions:PurdueFederalCreditUnion,IndustrialFederalCreditUnionandStaleyCreditUnion.Insurance:StateFarmInsuranceregionalofficeemploying545;HenriottGroup;andMBAHInsurance.
recent ActivitycrAIG GrAHAM INSurANcE movedtoZanikRetailCenter,2011.
FOuNtAIN truSt cOMpANy openedadowntownbankingcenteratThirdandFerrystreets.
HENrIOtt INSurANcE movedtoRenaissancePlace.
HuNtINGtON bANk announceditwillcloseoneof fourlocationsin2012.
INNOvESt pOrtFOLIO SOLutIONS openedinPurdueResearchPark.
FINANCE | INSURANCE
kENtLAND bANk openeditsfirstLafayettelocation.
LAFAyEttE LIFE INSurANcE cOMpANy,with150employees,closedlocaloperationsmid-2011,movedtoparentcompanyWestern&SouthernFinancialGroupheadquartersinCincinnati.
purDuE FEDErAL crEDIt uNION namedoneof 70BestPlacestoworkinIndianabyIndianaChamberof Commerce,2011,forworkplaceenvironmentthatvaluesemployees;openedits10thlocalbranch,atIvyTechCommunityCollege.
M
Greater Lafayette offers diverse landscapes and businesses.
22
Overview
hecommunityisservedbyadozen FMandAMradiostations,including WBAA,aNationalPublicRadioaffiliate;televisionstationWLFI-TV;adailyGannettnewspaper,theJournal&Courier;aweekly,TheLafayetteLeader;thePurdueExponent,five-daynewspaper;Lafayettemagazine;andJustKidding!,anewsletterof children’sevents.
recent ActivityLafayettemagazinemarkedits5thyearof quarterlypublicationinMay2011.
MEDIA
recent ActivitycHurcH OF JESuS cHrISt OF LAttEr-DAy SAINtS dedicatednewchurch,CR450South,spring2011.
tHE cOMMuNIty FOuNDAtION OF GrEAtEr LAFAyEttE,whichmanagesendowmentsandfundsforindividualsandorganizations,disbursed$636,221ingrantsandscholarshipsin2010;donorsestablishedfournewfunds.
FAItH WEStmulti-usereligiousfacilitytobedevelopedatformer6.5-acremotelsiteatNorthwesternandLindbergbyFaithChurch;tohousePurdueBibleFellowshipandotherservicesyettobedetermined.
ISLAMIc SOcIEty OF GrEAtEr LAFAyEttE planstobuildacommunitycenterwithschoolandgymona10-acresite,withlong-termplansforamosqueatthesite.
NONPROFIT SECTOR
LAFAyEttE trANSItIONAL HOuSING completeda$700,000remodel.
LONG cENtEr FOr tHE pErFOrMING ArtS purchasedatwo-story,adjacentbuildingatSixthandColumbiaforartsgroups’officeandrehearsalspace.
tIppEcANOE cOuNty pubLIc LIbrAry acquiredandisremodeling3,500sf buildingadjacenttolibraryforitstechnicalservicesdepartment;spacethedepartmentisvacatingwillberemodeledin2012fortheTechnologyCommons,triplingthenumberof computersandaddingteleconferencing,electronicconferencemeetingspacesandlanguagelearningstations;$600,000buildingcosts.
trINIty IMMANuEL uNItED cHurcH OF cHrISt completeda$1Mrenovation,addition.
uNItED WAy OF GrEAtEr LAFAyEttE exceededits2011campaigngoal,raisingmorethan$4.6millioninpledgesanddonations;theagencyprovidesfundingfor23localsocialserviceorganizations.
uNItED WAy OF GrEAtEr LAFAyEttE launchedReadtoSucceedprogram,placing250volunteersinfivepublicschools;$60,000infundingfromWalmartFoundationreceivedtoexpandprogramin2012andbeyond.
uNIvErSIty cHurcH remodeling,$560,000.
WOLF pArk builtthe2,560sf WrightLearningCenterforeducationprogramsonitswolf researchcampus,opentothepublic.
T
Myers Pedestrian Bridge connects Lafayette and West Lafayette.
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recent Activity
Transportation
cItybuS. 2011: Ridershiptopped5.3Mrides,anewrecord.PlansunderwayforexpandedtransfersiteatRiehlePlaza,tobeknownasCentennialVillageandincludepublicpark.
Roadwork/Sewer work
recently completed• $18.4million,2,000-footlongtunnel
eliminatedanagingliftstationanddivertedsewagetoPearlRiverliftstation
• $5MLindbergBridgereplacedroadovermarshland,WestLafayette
• $4.5MwideningprojectonCountyRoad350South,renamedVeteransMemorialParkwayin2010
• $4.5Mwidening,ConcordRoad
• StateRoad26East,$10.2Mupgrade
• $950,000indowntownsidewalkreplacementsandstreetscapeenhancements
• $2.8MCumberlandRoadwork,includingmodernroundabout,completed
current Activity • HoosierHeartlandCorridor:Ground
brokenOctober2008for$450MLafayette-to-Logansportsection;firstphasetobecompletedbyfall2012;threemorebyyearend2013;providingfour-lanehighwayfromLafayettetoFortWayne
• $36Mrelocationof U.S.231aroundWestLafayettebegunwith$5Mwideningandnewroundabout,HarrisonSt.
• $6.5MMaplePointDriveextensionandConcordRoad/BradyLanewidening,walkingtrail,sidewalkandroundaboutatConcord/MaplePointDrive
PUBLIC WORKS | SCHOOLS
• PreservationworkonUS52fromWabashRivertoStateRoad38
• $12M,2.5-mileMcCartyLaneextensionto26Eastbeguninthespringandfinishesearly2012
• OldRomneyRoadwideningfromTwyckenhamtoStateRoad25,includingaroundaboutattheintersectionandtrailtoPolandHillRoadalongTwyckenham,witharoundaboutatPolandHillRoad
• WideningVeteransMemorialParkwayfromConcordRoadtoU.S.52
Ahead2012:$25.1Mresurfacingandlaneadditionwork,StateRoad26Eastfrom550Eastto900East
Parks/Community Facilities
LAFAyEttEColumbianParkZoo:$300,000,donor-fundededucationcenterunderconstruction.
WESt LAFAyEttEWabashHeritageTrail:$812,000transportationenhancementgrantreceivedtoextendtrailby1.06milesinWestLafayette,fromtrailsideparkareaalongNorthRiverRoadintoHappyHollowPark;hiking/bikingtrailsnowtop21miles.
tIppEcANOE cOuNty$8M,323,000sf cattlebarncompletedatfairgrounds.
NEIGHbOrHOODSLafayette’sCentennialNeighborhoodchosenforfreedesignconsultationbyGlobalGreen’sCreatingSustainableNeighborhoodsTechnicalAssistanceProgramunderEnvironmentalProtectionAgency’sBuildingBlocksforSustainableCommunitiesProgram.
Public Education
LAFAyEttE ScHOOL cOrp.:NontraditionalOaklandHighSchoolopenedfall2011withabout80students;remodel:$.5M.
tIppEcANOE ScHOOL cOrp. nowoperating18schools,$24.6MWyandotteElementaryopenedfall2011onLafayette’seastside.
NEW cOMMuNIty ScHOOL,acharterschoolfoundedin1992with2011enrollmentof 240,tomovetoformerPayLessgroceryspacenearMarketSquarebyfall2012.
ENrOLLMENt, pubLIc ScHOOL cOrpOrAtIONS: 2011
LafayetteSchoolCorp.: 7,075
TippecanoeSchoolCorp.: 11,787
WestLafayetteCommunitySchools: 2,158
INDIANA 2011 FOur StAr ScHOOLS: Miller,BurnettCreek,CumberlandandHappyHollowelementaryschoolsamong162inIndianaoutof 1,780earningthehighestranking,basedonstatetesting.
HAppy HOLLOW ELEMENtAry nameda2011nationalBlueRibbonawardwinnerbyU.S.Departmentof Education
Private Education
LAFAyEttE cHrIStIAN ScHOOL,currentlyenrolling220K-8students,tonearlydoubleinsizewith$7Maddition,renovationunderway.
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Overview
orethan7,600studentsareenrolled inIvyTechCommunityCollege LafayetteRegioninfall2011,withanother3,400fromotherregionstakingdistanceeducationcoursesthatoriginateinLafayette.Thepublic,open-accesscollege,whichemploysabout640,hassevenbuildingson51acresinLafayette.Itsfacilitiesincludeajoint-usecollege/publiclibrary.ItalsooperatesadowntownLafayettesatelliteandseveralregionalsites.
Thecollegeofferscoursesinmorethan80programsof studyandawardsassociatedegreesandtechnicalcertificates.Studyareasincludebiotechnology,advancedmanufacturing,agribusiness,alternativefuelstechnology,liberalarts,elementaryeducation,computerinformationtechnology,surgicaltechnology,criminaljusticeandnursing.Thecollegealsooffersspecializedworkforcetrainingandcontinuingprofessionaleducation.
IVY TECH COMMUNITY COLLEGE
recent Activity
crAIG pOrtEr ENErGy cENtEr,$750,000,1,000sf-buildingtoopenfall2012,tobepoweredsolelybyrenewableenergyaslabforenergytechnologyprogramstudentstolearnaboutrenewableenergies,smartgridintegrationandelectricvehiclechargingstations.PurdueUniversity,Ener1,GEandSiemensInternationalEducationGrouparecontributingtothecenter.Tobepoweredbytwowindturbinestowers,averticalwindturbine,solarpanelsandbio-diesel/hydrogengenerators.
Ivy tEcH rENAISSANcE INStructIONAL cENtEropenedin20,000sf RenaissancePlacespacefall2011with750studentstakingclasses.
IvyTechdebutedartclassesspring2012,tobeofferedatRedPoppyStudios&Gallery.
cIty OF crAWFOrDSvILLE hasbrokengroundonabuildingitwillleasetoIvyTech,allowingthecollegetooperateafull-degreegrantingcampusinMontgomeryCounty.
AccELErAtED ASSOcIAtE DEGrEE prOGrAM:PrivateSmithFamilydonationof $1Misfunding25studentsayearinaone-yeargeneralstudiesdegreeprogramlaunchedfall2011.
INtErSEctION cONNEctION: IvyTechisinacollaborativegroupwiththeY,JuniorAchievement,TippecanoeSchoolCorp.andGreaterLafayetteCommerceforpossiblethree-buildingcampusexpansiontoprovideadditionaleducation,trainingandhealthfacilities;$40millionto$50millionfundraisingcampaignplanned.Initialsupporters:StateFarmforJuniorAchievementBizParkandFinanceTown.
AG buILDING: $160,000agbuildingaddedonmaincampus.
cOrpOrAtE cOLLEGE: Launchedin2011asumbrellafortraining,certifications,skillsimprovementcourses.
pOSSIbLE ExpANSION: Collegeisplanningtorequeststatefundingforan80,000sf,$25Mbuilding,nowinconceptualstage,forthe2013-15statebudgetcycle.
M
Ivy Hall on the Ivy Tech campus.
Overview
HarrisonCollege,anationallyaccredited,career-focusededucationalinstitution,offersninebusinessandfourhealthscienceprogramsatitsLafayettecampus,wheresome300studentsareenrolled.Thecollegeofferscertificates,associatedegreesandbachelor’sdegrees.
HARRISON COLLEGE
recent Activity
InFall2012,thecollegewillofferblockscheduling,allowingstudentstogroupclassescloselytogether.
25
Overview
estLafayettecampusenrollment: Fall2011,39,637students,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:$419.6Mforfiscalyear2010-11($4385M,2009-10;$342.2M,2008-09;received98globalpatentsfor2010-11;amonghundredsof specializedcentersarecollaborativemanufacturing,managementof manufacturingenterprises,pharmaceuticalprocessingresearch,computerintegratedgoodmanufacturingandsoftwareengineeringresearch.
University’seconomicimpactinthestateismorethan$4.2Bannually.
recent ActivityEArLy rEtIrEMENt wasacceptedby509Purduestaff andfacultyastheuniversityaddressedbudgetshortfalls;retirementseffectiveearly2011.
purDuE ENErGy pArk: DiscussionsareunderwaywithPerformanceServicesfora60-turbinewindfarm.
NEGISHI-brOWN INStItutE: Tohonor2010NobelPrizewinnerinchemistry,Ei-ichiNegishi,andearlierwinnerHerbertBrown,PurdueisestablishingtheNegishi-BrownInstituteforcontinuedchemistryresearch.
LyLES FAMILy IDEAS tO INNOvAtION LAbOrAtOry, $1.5Mfacility,dedicated.
cENtEr FOr rEGIONAL DEvELOpMENt received$1MfromU.S.CommerceDepartmenttofosterinnovation,technologyandentrepreneurship.
HONOrS:Universitytoimplementhonorscollegeprogramfall2013.
FuNDrAISING: $227.3Mraisedfiscalyear2010/2011from64,000donors;2011:scholarshipfundraisingcampaignannounced.
New Facilities/renovations planned 2012-2013: $499.2M• $80Minrepairandrehabilitation
projectsinplanning
• $58Manimalsciencesfacility
• $54M,107,000sf healthandhumansciencesresearchfacility(completionfall2012)
• $39.9M,300-bedresidencehallwithrestaurantandconveniencestoreonVawterFieldbetweenWileyandWindsorhalls
• $38.9M,147,000sf HayesTrianglemulti-usefacility,toinclude$18MWangHallof ElectricalandComputerScience,retailersandpossiblyafinancialinstitution.
PURDUE UNIVERSITY
W
Purdue University campus.
• $30.8MCenterforHighPerformanceBuildingsandCenterforAdvancedAcousticsResearch,HerrickLaboratories(constructiontofinishwinter2012)
• $32.5Mboilerandrelatedwork
• $30M,85,000sf CenterforStudentExcellenceandLeadership
• $21MNorthwestAthleticsComplex:newbaseballstadium,improvementstosoccerfield(completionspring2012)
• $20.6M,thirdandfinaltoweratFirstStreetTowersresidentialcomplex(completionAugust2012)
• $20Mdrugdiscoveryfacility(completion,spring2013)
• $14.9,30,295sf multidisciplinarycancerresearchadditiontoBindleyBioscienceCenter(completionwinter2013)
• $14.7MreplacementforFoodStores
• $10MequinesatellitefacilityinShelbyville,Ind.
• $8MBaileyHallforPurdueMusicalOrganizations,18,000sf
• $6.6MWindsorResidenceHallrenovations,PhaseV
• $6.3MLillyHallPhaseVIIrenovation
• $4.5MYoungHallrenovation
• $4.1MStewartCentersprinklersystem
• $1.8Mgroundsmaintenancefacility
• $1.5Maccessibilityupgrades,MeredithHall
• $1.1Mupgrades,BrownLaboratory
under Way: $153M• $98MrenovationRecreationalSports
Center(completionAugust2012)
• $33Minrepairandrehabilitationprojects(someseveral-yearprojects)
• $9MWindsorResidenceHallrenovations,PhaseV
• $9MventilationimprovementsinWetherillLaboratoryof Chemistry
• $4millionindoorturf sportscenter(completionfall2012)—36,210sf
completed 2011: $166.1M• $99.5Maddition/remodelingof Mackey
BasketballArena
• $34.5M,85,000sf RogerB.GatewoodWingof MechanicalEngineeringBuilding
• $12.2M,40,000sf MarriottHall
• $11.5M,32,600sf BillandSallyHanleyHallandFowlerMemorialHouse
• $4.2M,27,000sf ADMAgriculturalInnovationCenter
• $3Mrenovationof theResearchDataCenter
• $1.2Minrepair,rehabilitationandboilerreplacementprojects
completed 2009-2010 • $52MFirstStreetTowersresidencehall
buildingsI,II
• $44.7M inrepairandrehabilitationprojects
• $32.9MWayneT.andMaryT.HockmeyerHallof StructuralBiology
• $25MDiscoveryLearningResearchCenter
• $6.8MrenovationtoWindsorResidenceHalls,ShealyHall
PURDUE UNIVERSITY | CONTINUED
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
Published byPublishedbyGreaterLafayetteCommerce,Economic TrendshighlightsactivitiesandinvestmentsimpactingtheeconomyinTippecanoeCounty,Indiana.Formoreinformation,visitwww.GreaterLafayetteCommerce.com
GreaterLafayetteCommerce337ColumbiaSt.|P.O.Box348LafayetteIN47902|765/742-4044www.GreaterLafayetteCommerce.com
SItE AvAILAbILIty http://statein.zoomprospector.com
EditorsJODy HAMILtONDirectorof [email protected]
NANcy SELLSEconomicDevelopmentProgramManagernsells@greaterlafayettecommerce.com
GreaterLafayetteCommerce,founded85yearsago,isanonprofitmembershiporganizationsupportedbylocalindustriesandgovernments.Itsmissionistoadvanceeconomicandcommunityprosperityforasuperiorqualityof life.
February2012
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pubLIcAtION FuNDED by tIpMONt rEMcTIPMONT
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