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INNOVATE INDIANA

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MARQUEE PROJECT I | SECTION 6<br />

INNOVATION DISTRICT SOUTH BEND<br />

Much like the American Underground in Durham, North Carolina, the establishment<br />

of a game changing set of opportunities to fuel the Innovation District requires a<br />

couple of important things:<br />

1) A BIG VISION. Our collective vision for the Renaissance District is to build the<br />

Midwest’s Largest Mixed use Technology Campus, situated on 30 acres, comprised of<br />

1.1 million square feet of real estate, consuming 80 MWs of power and housing<br />

over 3,000 technology workers,<br />

2) STRONG PARTNERS. The Regional Cities Initiative will catalyze $162.7 million<br />

of capital investment in facilities and equipment, attract 1,806 new jobs to the district,<br />

serve 7,120 students in workforce development capacity and create 2,050 additional<br />

jobs throughout our region.<br />

3) PERMISSION TO BELIEVE. A belief that will shape not just the Renaissance<br />

District but will serve as a Symbol for our Region’s Economic Vitality. Our mission is<br />

very simple… To build density of people and density of purpose.<br />

Project Plan<br />

The project plan consists of phased developments within the Renaissance District, including<br />

campus stabilization improvements, Studebaker Factory Buildings 112, 113 and 84, and the<br />

Studebaker Administration Building.<br />

DEVELOPMENTS WITHIN THE RENAISSANCE DISTRICT<br />

PHASE PROJECT DESCRIPTION INVESTMENT TIMEFRAME<br />

I. Studebaker Campus<br />

(ongoing today)<br />

Infrastructure, Environmental Remediation,<br />

Stabilize the Complex & Building.<br />

Renovation of Building 112 and certain<br />

exterior renovations<br />

$30 million 2014–2016<br />

EXECUTIVE SUMMARY THE REGION ENGAGED CURRENT TRENDS<br />

STATE OF THE REGION<br />

& QUALITY OF PLACE<br />

VISION & STRATEGY<br />

PROJECTS<br />

STAKEHOLDERS, EXECUTION<br />

& STRUCTURAL CHANGES<br />

II. Studebaker Factory<br />

No. 113<br />

III. Studebaker Factory<br />

No. 84<br />

Building 113 Renovation for co-working,<br />

education, retail and multi-tenant office<br />

space (includes projects 3,4,5 and 6)<br />

Building 84 for use as mixed use technology<br />

office and residential space and includes<br />

parking structure<br />

$13.9 million 2016–2017<br />

$102 million 2016–2018<br />

BENCHMARKING<br />

& MEASUREMENT<br />

IV. Studebaker<br />

Administration Building<br />

Administration Building as office space $19.8 million 2016–2017<br />

TOTAL INVESTMENT: $165.7 million<br />

REGIONALCITIESOFNORTHERN<strong>INDIANA</strong>.ORG |<br />

60<br />

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