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Off to a Great Start in 2012 anuary 2012 announcements of $108.5M in new projects kicked off what stands to be a robust year. The projects: A new $90M, 115,000sf aluminum lithium plant on the Alcoa campus to open in 2014 will add 75 new jobs; and a new $18.5M, 55,000sf Ernest Health inpatient rehabilitation hospital to open in 2013 will employ 75. New Manufacturer, Life Science Startups and Expansions Headline 2011 Nanshan America Advanced Aluminum Technologies’ announcement that it will build a $100 million manufacturing plant and employ 200 making extruded aluminum products topped the news in 2011. Nearly another $400 million more in capital investments includes expansions at eight existing industries, new real estate developments and other new businesses. Continued growth in life science startups, medical facilities and public works also reflect robust economic activity. Highlights • $444.3M in capital investments made or announced in 2011 ($640.1M in 2010; $340.93M in 2009; $592.9M in 2008) • New industries: Nanshan and Graybar • Expansions at eight industries • 41 new retailers and restaurants in 2011 (35 in 2010; 40 in 2009) • 12 new medical facilities in 2011 • 12 new life science/high-tech startups in 2011 (7 in 2010; 11 in 2009) • 1,627 homes sold in 2011; (1,674 in 2010; 1,700 in 2009) • 462 new single family building permits in 2011 (381 in 2010, 405 in 2009) Recent Activity Quick Glance, 2011 Positive Activity Industrial ALCOA: $3.8M in environmental, wastewater treatment enhancements CATERPILLAR: $2.7M in investments, increased employment COLEMAN CABLE: $18.5M in investments, increased employment DAYTON-PHOENIX GROUP: Relocated to single site, $.7M facility upgrade FAIRFIELD MANUFACTURING: Increased employment GRAYBAR: Opened Lafayette supply chain management and logistics services site INDUSTRIAL PALLET CORP.: Investing $5M to $8M, facility expansion, adding employees 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 TRENDS GREATER LAFAYETTE COMMERCE ECONOMIC YEAREND 2011 J

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Page 1: Greater Lafayette Commer TRENDSCehenrypoor.com/blog/wp-content/uploads/2012/02/TrendsFeb2012.pdf · Uncorked Wine Bar cLub NEWtONE spent $.8M to renovate its fitness facility HOLIDAy

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

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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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.

HIGH-TECH | LIFE-SCIENCE BUSINESSES | CONTINUED

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

TRENDS

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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.

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

TRENDS

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.

L

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

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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.

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• 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

TRENDS

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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.

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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.

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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.

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• $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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