Greater Lafayette Commerce EconTRomic ENDS MID-YEAR 2013

Focus on Growth, Community Paying Dividends

community where advanced 2013 Highlights manufacturing thrives, next-generation science and technology lead to $768M in capital investments made or A announced by mid-year 2013; previous years: breakthrough advancements, education opens doors of opportunity, and the arts, 2012: $646.1M recreation, after-hours life and affordable 2011: $444.3M housing combine to assure a robust quality of life—that defines Greater Lafayette, . 2010: $640.1M At the core: a proactive, go-after-it community 2009: $341.0M committed to working together and sustaining 2008: $592.9M economic health and growth. Successes so far in 2013 include Subaru • $603.6M in industry construction recently Downtown Lafayette of Indiana’s announcement of a $450M completed, under way or announced expansion, launch of three co-working In this issue facilities, several new banks, dozens of new • 34 new retailers/restaurants opened or restaurants and retailers, and healthcare announced by mid-year 2013 (41 in 2011; 35, expansions. Equally impressive are the 2010; 40, 2009) Business and Industry collective efforts moving the community • 1,099 homes sold by mid-year 2013 (1,627 in Advanced Manufacturing 3 forward in areas from workforce development 2011; 1,674, 2010; 1,700, 2009) High-tech/Life Sciences 7 to Wabash River enhancement. • 221 new single-family building permits by Co-working Facilities 11 It all adds up to stellar rankings—Fortune’s mid-year 2013 (462 in 2011; 381 in 2010; 405 Professional/Services 12 No. 1 Best Place for Small Business in Indiana in 2009) Retail/Hospitality/Tourism 13 and No. 8 nationally—along with other Sustainable Energy 14 enviable recognitions as Greater Lafayette claims the right to be called “The Place of Community Choice.” Initiatives 15 Media 15 Medical 16 Nonprofit Sector 17 Quick Glance, 2013 Activity Details inside Public Works 17 Real Estate 18 Recognitions 20 BUSINESS AND INDUSTRY Supply Chain Solutions, opened in Park 350 Education TKO Graphix, new industry, $2M facility P-12 Schools 21 Advanced Manufacturing Ivy Tech 21 Alcoa, $93M new plant under way voestalpine Rotec, $1.4M expansion IU School of Medicine - Heartland Automotive, $7.2M Lafayette 22 equipment investment High-tech/Life Sciences 22 Nanshan, to build $50M casting house Passageways moving to larger, downtown Workforce Development 24 location Subaru of Indiana, $450M expansion, to add 900 employees by 2016 Quick Glance | Continued

Co-working Facilities Nonprofit The Anvil, Purdue University Faith West $12M worship/community BrainQube center opened MatchBOX Coworking Studio Right Steps Child Development Centers new name for Tippecanoe County Child Care Professional/Services Fitness: four new facilities opened Public Works New businesses: Fed Ex Ground CityBus opened new downtown transfer Distribution, $2M new facility center New bank buildings: Farmers Lafayette: $3.4M in Riehle Plaza and and Merchants, First Source, Lafayette pedestrian bridge improvements planned Community (2), Lafayette Savings, Regions, for 2014; Columbian Park train depot, Woodforest National $150,000; $28.3M new roadwork projects West Lafayette Roadwork: Retail/Hospitality/Tourism Northwestern, $5.5M; street resurfacing, • 19 new retailers opened so far in 2013; $780,000; sidewalk repairs, $365,000 two more announced MetroNet $60M investment in 465 • 12 new restaurants opened so far in 2013 miles of fiber under way Greater Meijer to build second store Wintek continues $1.7M upgrade Lafayette Hampton Inn & Suites announced US 231: $36M relocation around West Commerce Lafayette opened, includes 6 miles of walking/bicycle paths ECONOMIC COMMUNITY TR ENDS Medical Real Estate Health Quest Naturopathy & Assisted living facility, $14M, Esthetique former Home Hospital site Indiana Veterans’ Home remodel INOK commercial park adding new Innvervision Advanced building and addition Imaging remodel Innovatech improving facility, $50,000 IU Health Arnett West Lafayette Market South, $975,000, Veterans clinic, Greenbush St. remodel Memorial Parkway Lafayette Regional Market Square Shopping Rehabilitation Hospital Center acquired by Lafayette MSP LLC Lafayette Regional Vein/Laser 516 Northwestern development Center under way Medxpress

2 Quick Glance | Continued

EDUCATION DEMOGRAPHICS Excel Center, public charter school for adults, opened. Population, 2012 Ivy Tech opened Frankfort and Newton Lafayette County sites fall 2013; Crawfordsville, 67,925 January 2013 West Lafayette New Community School (charter) 30,419 consolidated to one, 44,000sf site All of Tippecanoe County Purdue University opened 177,513 Partners facility, Purdue 14-county region Foundry, Fountain Gallery; multiple 551,809 construction projects under way (see inside) Tricocci University Beauty Labor force, Tippecanoe County residents 82,600 College acquired Lafayette Beauty Academy, remodeled Labor force, including incoming commuters 110,000

Greater Lafayette Commerce ECONOMIC TR ENDS

BUSINESS AND INDUSTRY

Advanced Manufacturing

Overview Evonik Degussa Corp. Tippecanoe Labs 555 bout 75 manufacturing and industrial Tate & Lyle, north and south plants 454 firms operate in Tippecanoe County, Kirby Risk Service Center 367 employing about 13 percent of A TRW Commercial Steering 344 Tippecanoe County’s workforce and shipping products worldwide. Rea Magnet Wire Corp. 225 Coleman Cable 170 Industry Ranking Great Lakes Solutions 130 Based on Employment Oscar Winski Co. Inc. 124 Subaru of Indiana Automotive Inc. 3,600 Industrial Pallet Corp. 120 Wabash National 3,323 voestalpine Rotec 120 Caterpillar Large Engine Center 1,675 Landis + Gyr 115 Oerlikon Fairfield Drive Systems 850 Alloy Custom Products 107 Alcoa/Lafayette Operations 690 Heartland Automotive 93 Lafayette Venetian Blind Inc. 612 Nanshan America 90

3 Advanced Manufacturing | Continued

Key Industries Coleman Cable Inc. (listed alphabetically) 170 employees Wire manufacturing Alcoa/Lafayette Operations 690 employees Copper Moon World Coffee Wholesale coffee Extruded aluminum products 2013: Building $93M, 115,000sf aluminum Dayton-Phoenix Group Inc. lithium plant (world’s first full-production, 56 employees aluminum lithium casting facility) adjacent Braking resistors for freight, off-highway to current operations, to open 2014, employ vehicles 75. To produce 20,000 metric tons and cast Environmental Recycling Inc. round and rectangular ingot for rolled, extruded and forged applications in billet Recycling construction, manufacturing sizes up to 33-inches in diameter and slab materials capable of producing wing skin plate and Evonik Degussa Corp. fuselage sheet for commercial aircraft. Tippecanoe Labs 555 employees Alloy Custom Products Inc. Pharmaceutical components 107 employees Tank trailers, pressure vessels FCA Manufacturing 40 employees Andover Coils LLC Industrial wood skids and boxes 60 employees Greater Electronic coils and transformers Graybar Lafayette 7 employees Commerce The Better Than Co. Inc. Supply chain management, logistic services Brunoscotti, a variety of biscotti ECONOMIC Great Lakes Solutions TR ENDS Blickman/Steiner 130 employees Home brewing equipment Flame retardant research center CST/berger, division of Stanley Works Heartland Automotive 25 employees 93 employees Laser leveling and measuring Interior and exterior automotive components: instrument panels, doors, Canteen Correctional Services head liners and auto body parts. 10 employees 2013: Invested $7.2M in new equipment. Meal, laundry services for correctional facilities Hicksgas Propane distributor Carlex Glass Co. 12 employees Ice Cream Specialties Assembly, curing window panels for autos Ice cream novelties Caterpillar Large Engine Center Industrial Pallet Corp./ American Fibertech Corp. 1,625 employees 120 employees Diesel and natural gas engines Wooden pallets 2013: Reduced employment by 125. Kirby Risk Service Center Caterpillar Logistics Services Inc. 367 employees Trucking, warehousing Wiring harnesses and subassemblies Chromcraft Revington Inc. Lafayette Instrument Residential, commercial furniture 50 employees Offices in West Lafayette; production in Polygraph instrumentation and other high- Mississippi and China tech detection and decision-making devices 4 Advanced Manufacturing | Continued

Lafayette Puzzle Factory Mulhaupt’s Inc. 4 employees 65 employees Jigsaw, sphere and chalkboard puzzles Custom metal door-frames, contract designed locally, manufactured in Asia hardware; Overhead Doors Products in 20,000 U.S., Australian and New Nanshan America Advanced Zealand retail outlets Aluminum Technologies Lafayette Venetian Blind Inc. 90 employees; 200 by yearend 2013 612 employees High-end aluminum extrusions used in mass transportation, automotive, Custom window coverings distribution, industrial and electrical Landis+Gyr industries; train-body material for high- 115 employees speed rail Electronic meters 2013: To build $50M casting house and Owned by Japan-based Toshiba Corp. office building in 2014. Liquid Spring LLC Norfolk Southern Corp. Suspension systems Rail yard M4 Sciences Corp. Oerlikon Fairfield Drive Systems 10 employees 850 employees Ultra-precision, electro-mechanical Gears, shafts and drives modulation device for deep-hole drilling 2013: Reduced workforce by 150. Greater using low-frequency vibration on lathes Packaging Systems of Indiana Lafayette M.A.I.L. 20 employees Commerce 63 employees Shipping products ECONOMIC Outsource mailroom; catalog fulfillment TR ENDS Perry Foam Products McKinney Corp. 49 employees 27 employees Urethane foam sanding pad products Race car chassis and component maker ProAxis Inc. MEGABRANDS America Inc. 75 employees Game and toy design Sheet metal, structural steel fabricator Milestone Contractors Asphalt plant

Nanshan America Advanced Aluminum Technologies

5 Advanced Manufacturing | Continued

Subaru of Indiana Automotive Greater Lafayette Radian Research built record 271,583 vehicles; celebrated Commerce 80 employees production of 4 millionth vehicle in August ECONOMIC Watthour test equipment 2013. TR ENDS Rea Magnet Wire Corp. Supply Chain Solutions 225 employees Logistics, trailer parts Magnet wire 2013: Michigan-based company moved Chicago facility to Park 350, serving Wabash Roadworks National. 35 employees Tate & Lyle, North and South Stainless steel truck trailer parts plants Schilli Distribution Services 454 employees Warehousing/logistics Corn starch, corn syrup and sweeteners School Datebooks TKO Graphix 45 employees; 35 more seasonally 10 employees Custom school calendars sold Refurbish semi-trailers internationally; onsite bindery 2013: New industry, building $2M, 12,000sf STAG Capital Partners facility on 48 acres in U.S. 52 Industrial Warehouse/distribution facilities Park. Subaru of Indiana Automotive Inc. Toyota Tsusho America Inc. 3,600 employees 55 employees Automobiles and SUVs – Subaru Outback, Tire, wheel assembly for Toyota Legacy and Tribeca; Toyota Camry TRW Commercial Steering Systems 2013: Announced $450M expansion, .5M 344 employees sf, to add Subaru Impreza production in Steering gears 2016, increase employment by 900, expand Two plants building capacity by 100,000 vehicles annually; fiscal year ending March 31, 2013,

6 Advanced Manufacturing | Continued

voestalpine Rotec Group Warehouse of Lafayette LLC 110 employees Distribution facilities, 1.8M square feet Precision steel/aluminum components, Wee Engineering Inc. pedal box spacer tubes and seat belt/air bag 8 employees components for auto industry. Vacuum tanks, tank trucks, pumper trucks, 2013: $1.4M new machining line for air bag custom fabrications propellant tubes added. Oscar Winski Co. Inc. Wabash Center’s Greenbush Industries 124 employees Contract assembly Scrap metal, steel fabrication Wabash National Corp. Worwag Coatings LLC 3,323 employees Powder and liquid coatings for industry Commercial semi-truck trailers and rail applications trailers

High-Tech | Life-Science Businesses Greater Overview Lafayette Note: Businesses listed alphabetically; those Commerce bout 125 high-tech and life science with no employee number listed have fewer than businesses operate in Lafayette-West ECONOMIC 5 workers. TR ENDS A Lafayette, most in start-up stages and employing fewer than five. Many are ABAQUS Central capitalizing on discoveries made at Purdue Consulting, engineering product design University and based in Purdue Research Acell Inc. Park or located elsewhere and affiliated with Tissue-engineered biomaterial the park. Advanced Ag Solutions LLC Technology and consulting services for Largest High-tech/ farmers Life-science Companies, Based on Employment Advanced Bioimaging Systems LLC Developing technology to detect bacterial MED Institute 240 growth BASi 180 Advanced Process Combinatorics Cook Biotech Inc. 150 9 employees Butler America LLC 140 Planning, scheduling, radiation treatment planning software SSCI, an Aptuit Co. 92 Akina Inc. Dow AgroSciences 88 Drug delivery technology company Endocyte Inc. 75 Allegro Dynamics LLC HP Enterprise Services 60 Software, web and mobile application FLIR Systems Inc. 40 designer gh LLC 40 Arxan Technologies Cantilever Technologies 40 26 employees Software security

7 Dow AgroSciences

Ash Access Technology Concordance Health Medical devices Improving medication compliance through partnership with pharmacist and provider Atlantic Green Technology Inc. Greater Production of biofuel and nutrition Cook Biotech Inc./Cook Group Lafayette pharmaceuticals from algae 150 employees Commerce Axoni Tissue engineering research, development ECONOMIC Online manufacturing network and manufacturing of medical products TR ENDS used in wound care and surgical repair of Banyan Biomarkers Inc. damaged organs and tissues Blood tests to detect traumatic brain injury and neurological diseases Copient Technologies/NCR Corp. 11 employees Florida-based company with location Point-of-sale and –purchase hardware and software BASi 180 employees CoVideo Systems 10 employees Pharmaceutical development, contract research and analysis Web-based streaming technology services Batch Process Technologies Cruise Software Decision support software for batch Retail industry software products chemical processing industries CurXCeL Butler America LLC Drug discovery 140 employees DelMar Information Engineering design Technologies LLC Custom software used in vote centers Cellaflora Design App development Delphi Delco Electronics Systems Auto electronics design lab Chyall Pharmaceutical Consulting LLC Development Consultants Inc. Advises on optimizing new pharmaceuticals’ Materials design, manufacturing consulting properties

8 High-Tech | Life-Science Businesses | Continued

Dow AgroSciences GreenTech America Inc. 88 employees, 100 by 2014 Develops and commercializes yeast-based Research facility, greenhouse, seed quality cellulosic ethanol technology control lab HNTB LiDAR Lab EITAC Solutions Group Research in optimizing and leveraging 10 employees light detection and ranging data for civil Products to enhance computer use by those engineering applications with low vision HP Enterprise Services e-Language Learning LLC 60 employees Language software that allows for Software, technology services monitored, individual lessons outside the HemoCleanse Inc. classroom Medical technology Endocyte Inc. Imaginestics LLC 75 employees 19 employees Drug delivery research Software connection tools for En’Urga Inc. manufacturing and life sciences 9 employees IN Space LLC Optical diagnostic equipment 5 employees Greater Executive Automation LLC Jet propulsion technology development Lafayette Business management software Independence Science LLC Commerce development, consulting, training Consults with schools to provide assistive ECONOMIC Favored Inc. technologies for blind students TR ENDS 7 employees Indiana Fiber Technology Milk with nutrients, supplements Developing light-weight bio-aggregates and Favored Grain biofuels Seed business InMass Technologies Inc. FLIR Systems Inc. Soil, bio-remediation 40 employees InVivo Ventures LLC Mass spectrometer development Creates companies from Purdue research findings; created a founder’s fund to provide FoundOPS seed capital for 10 to 15 Midwestern Software systems technology ventures Futago Inc. InfoComm Systems Inc. Chemical industry related Security consulting, research FuturaGene Inc. IVDiagnostics LLC 14 employees Developing cancer diagnostic kits and Plant gene discovery imaging solutions Genport North America Corp. Janus Biosystems High-energy electric generators, batteries 5 employees gh LLC Lipid materials research 40 employees Karyozen LLC Software, Braille textbooks and other Cell sorters, flow cytometers for life learning products for people with reading sciences/healthcare industries and sight challenges

9 High-Tech | Life-Science Businesses | Continued

Knowrtal LLC Morvid Interactive LLC Passageways LLC Software developer, using Purdue-licensed Develops mobile device applications and 25 employees technology games Business web portal management systems Kyk Energy Inc mPlexus for banks and credit unions Food supplements Medical imaging software for Internet 2013: Moving to Earl & Hatcher Block transmission downtown L.S. Technology Inc. Software for wireless, handheld computers Mudawar Thermal Systems Inc. Perfinity BioSciences Inc. Thermal management devices and phase- 6 employees Life Plus LLC change systems Sample preparation techniques and tools to 26 employees facilitate mass spectronomy Toxicology services, testing and medical Gerald P. Murphy Cancer Foundation devices Phlebotics Inc. 8 employees Helps multinational companies meet Develops and manufactures medical devices Nonprofit cancer research institute Chinese regulations on chemical purchases/ Prima Specialty Vectors LLC sales; also operates office in Beijing. NanoSense Inc. Utilizes Purdue-licensed technology Lite Machines Corp. Nanotech devices for medical diagnostic, therapeutic applications Purdue Enterprise Co. 8 employees Technical consulting Radio-controlled hobby helicopters; high- Nanovis LLC QuantIon Technologies Inc. tech surveillance equipment Nanosurfaced implants and nanostructured biomaterials High-tech LoadOut Technologies LLC Scale Computing Mobile technology solutions for agriculture, nGenX Corp. 5 employees; 27, industry Technology infrastructure provider and developer of hosted IT applications Providing enterprise class, scalable grid LyoGo LLC storage Drug-delivery devices to store freeze-dried NOX Technologies drugs in one chamber, liquid dilutents in Cancer detection research Schoolhouse Partners LLC the other Grant writing, grants database OdditSoft Inc. MagSense Life Sciences Software and consulting Sensient Flavors and Fragrances LLC 6 employees Omega Micro Technologies Making colors, flavors and fragrances for Magnetic particle separation for research, Ceramic substrates for electronic devices food, beverages, cosmetics, pharmaceutical diagnostics and drug development ingredients, imaging systems and other On Target Laboratories applications MED Institute/Cook Group Life sciences 240 employees Simulex Inc. Optical Therapeutic Identifies and develops new medical Technologies 8 employees product concepts Fluorescent probes used for imaging in Simulation products for defense and Medtric LLC cancer surgery business Life sciences Panoptic Insight LLC Sorian Inc. Mor-NuCo LLC Consulting on organizations’ security and Research services Develops, commercializes protein innovation relationships SpectraCode Inc. technology for early cancer detection PARSEC Solutions LLC Imaging systems Moerae Matrix Inc. Engineering consulting services, multi- Developing drug-tissue scaffold products to phase fluid systems improve soft tissue healing and regeneration

10 High-Tech | Life-Science Businesses | Continued

Spectraline Inc. Tienta Sciences Inc. Online quality monitoring Infrared and mass spectrometry in protein discovery and analysis SSCI Inc., An Aptuit Company 100 employees Triclinic Labs Contract research and analytical lab Consulting, lab work for solid-state chemical development Stormfront Productions Inc. 7 employees Tymora Analytical Operations Web design, video production, branding, Testing effectiveness of cancer drugs interactive presentations and other services Vasc-Alert Spyris Electronics 8 employees Information security for government, Dialysis diagnostic product aerospace and defense markets Vision Advantage LLC SwiftFuel LLC Helps auto dealers increase profits 10 employees VivusNet Corp. High-octane, unleaded aviation fuel Digital Canvas, multi-media advertising TecMark Inc. product for lobbies and other venues Emergency response, restoration contractor VoCare Inc. management Telemedicine system ThirtySix Software LLC Westech Consulting Co. Inc. Greater Providing intuitive data content Consulting Lafayette management solutions Commerce Wintek Corp. THREE.com ECONOMIC Business class Internet service provider, TR ENDS Web hosting, internet marketing direct fiber-based provider

CO-WORKING FACILITIES

Overview Recent Activity 21st century movement, co-working The Anvil. brings together a community of people Purdue opened facility who independently and collaboratively summer 2013 for student entrepreneurs A on lower level of its new Discovery Park pursue creative concepts and activities, share facility space and benefit from access Partners facility, 1601 State St. to and interaction with others interested in BrainQube opened in 2013, housing five new ideas and entrepreneurialism. creative service businesses: design, video, art, photography, sales training. MatchBOX Coworking Studio to open by year end in 10,000sf downtown building; operated by nonprofit corporation; city of Lafayette funding $1.5M renovation.

11 Professional | Services

Overview Lafayette Savings Bank building new West Lafayette branch, 3,200sf, to open reater Lafayette is home to numerous early 2014. professional and service businesses, including architects, attorneys, Regions Bank new downtown G headquarters under way, $2.54M, 12,000sf, accountants, advertising agencies, customer care centers and others. Major banks to open March 2014. include Centier, Charter One Financial, Woodforest National Bank to Farmers and Merchants, Fifth Third, First open on Veterans Memorial Parkway. Financial, 1st Source, Fountain Trust Co., Huntington, JP Morgan Chase, Kentland, Business Openings Lafayette Bank and Trust Co., Lafayette Community, Lafayette Savings, Old Fed Ex Ground Distribution, National, Regions, Salin and Woodforest; $2M facility credit unions: Purdue Federal Credit Happy Paws & Claws Pet Union, Industrial Federal Credit Union and Grooming Staley Credit Union. Insurance: State Farm North End Mini Storage Insurance regional office employing 545; Henriott Group; and MBAH Insurance. Rice & Rice, attorneys S&A Upholstery Auto Care Recent Activity Greater Fitness Openings Lafayette Banks Anytime Fitness Commerce Farmers and Merchants Bank Definitively Fit ECONOMIC opened 3,600sf, $1M branch, first in TR ENDS Tippecanoe County Massage Envy (Lafayette Marketplace) First Source Bank to open Cascada Planet Fitness Business Park branch by year-end. Lafayette Community Bank opened new, 17,000sf, two-story downtown headquarters and Lindberg/Northwestern 2,600sf branch.

Ground breaking event for Lafayette Savings Bank, West Lafayette branch. 12 Retail | Hospitality | Tourism

Overview Don’t Think Twice Records argest shopping venues are Tippecanoe Earthbound Trading Co. Mall with 840,000sf and more than 100 Euphoria Day Spa & Salon stores, including Macy’s, Kohl’s, Sears, L Firearms Super Center J.C. Penney, HH Gregg and Dick’s Sporting Goods; and Lafayette Pavilions, covering Game X Change 404,000sf, including TJ Maxx, Cold Stone Haircut Corner Creamery, Gordman’s. Other venues: Harbor Freight Tools Downtown Lafayette; Tippecanoe Court and Lafayette Market Place, with about Justice & Brothers 50 retailers; Wabash Landing; University Lightning Print Square; and Chauncey Village district near Purdue. Mattress Firm The community is home to more than 225 Maximum Grow Gardening restaurants, ranging from ethnic eateries to P.S. from Aeropastle national chains, and 28 hotels with 2,430 Poor Boys Thrift Shop rooms, from full-service business class (Holiday Inn City Centre, Best Western Salvation Army Store Lafayette Executive Plaza & Conference Sleep Number Center, Union Club and Four Points by Streamline Designs & Sheraton West Lafayette) to extended stay Frame Shop (Homewood Suites, Marriott TownePlace Greater Suites and Candlewood Suites). Window World of Lafayette Lafayette Downtown Lafayette-West Lafayette Commerce has been designated an official cultural Announced ECONOMIC district by Indiana Arts Commission, Camera Outfitters TR ENDS encompassing three areas: Chauncey Fresh Lafayette Market Village, Riverfront, and the Arts and Market district. Downtown covers 92 square blocks, Meijer discount department store and Main Street, the Levee, Wabash Landing grocery to build second store, 190,000sf, and Chauncey Hill Mall. More than 250 U.S. 52 and Klondike Road, to open summer businesses operate in the downtown area, 2014, hiring 300. including restaurants, boutique shops and professional service providers. Downtown Restaurants/Nightlife also is a growing residential hub with about 160 condominiums out of some 600 2013 openings housing units. Baked Cake and Coffee Shoppe Ben’s Soft Pretzel Recent Activity Chicago Style Cheese Steak Farina Bakery & Café Lodging Ichiban Hampton Inn & Suites, Tapawingo L Kora Food Truck and State, Midwest Hospitality Group, hotels, four-story, 105 rooms, $12M, to Lenehan’s Pub be built. MAIN STREET BAR Parkway Express Pizza Retail Talk 6 2013 openings Three J’s Pizza CNG Fuel Inc., compressed natural gas Yogurt Retreat Dollar General

13 Retail | Hospitality | Tourism | Continued

Tourism/Recreation install 13 information kiosks between 2010 Visit Lafayette-West and 2012—9 in Lafayette; 4, West Lafayette; to be updated twice a year. Lafayette reports 3.5 million visitors annually generate more than $200 million The Fountain Gallery opened by in direct expenditures. Purdue, 330 Main St. Information Kiosks: Visit Lafayette- Skate America opened. West Lafayette partnered with the cities to

CityBus uses wind power to energize its facilities.

Greater Lafayette Commerce ECONOMIC TR ENDS

Sustainable Energy

Overview Recent Activity ustainable energy is a focus in the Ivy Tech Community College county, demonstrated in several ways, opened Craig Porter Energy Center (see Ivy S from discussions on wind farms to three Tech section). wind turbines installed at CityBus to power Electric Vehicle Charging its facilities and a two-year program at Ivy Stations: Now available downtown Tech Community College covering turbines, Lafayette parking garage, Ivy Tech, Purdue solar panels and other systems. University, Bison Financial.

14 COMMUNITY

Initiatives

Overview encourage next-generation application developments. reater Lafayette’s economic development, www.greaterlafayettecommerce.com government, education, business and G industry groups collaborate on a number Intersection Connection, of communitywide efforts. a collaboration of 10 community Advancing Manufacturing: organizations, began in 2007 to co-locate We Have Jobs Here, We Have complementary youth development, higher Training Here, launched in 2012 education, financial literacy, and health and by Greater Lafayette Commerce, Ivy Tech wellness services on the Ivy Tech Community Corporate College, Region 4 Workforce College Lafayette campus. A building Board and WorkOne, among other fundraising campaign is under way. supporters, offers scholarship-funded intersectionconnection.com Greater training for job seekers to earn production Read to Succeed, a program involving Lafayette certification, if needed. The program pairs Greater Lafayette Commerce, United Way Commerce applicants with employers. In 2012, 295 of Greater Lafayette and three public ECONOMIC applicants were hired through the program; school corporations, launched in 2011; 500 TR ENDS 91 completed training. volunteers in 2013 www.advancingmanufacturing.com www.readtosucceedgreaterlafayette.org Community of Choice: Greater Wabash River Enhancement Lafayette Commerce is coordinating Corp., involving local governments multiple activities following study and others, continues working to bring and implementation plan to move the development to the river area. 2013: community from good to great. In 2013, the finalizing River Road scenic byway community became one of 26 communities management plan to protect historic and in U.S. Ignite, a public/private partnership scenic characteristics. launched by the White House Science and www.wabashriver.net Technology Police office to facilitate and

Media

Overview five-day newspaper; Lafayette magazine; he community is served by a dozen and Just Kidding!, a newsletter of children’s FM and AM radio stations, including events. T WBAA, a National Public Radio affiliate; television station WLFI-TV; a daily Gannett Recent Activity newspaper, the Journal & Courier; a weekly, The Lafayette Leader; the , WLFI-TV is spending $50,000 to upgrade its facility.

15 Medical

Overview Hospitals reater Lafayette and surrounding 18 Indiana University Health counties are served by three nonprofit Arnett Hospital opened at McCarty G hospitals. Franciscan St. Elizabeth Lane and CR 500 E in October 2008; the Health East (150 beds), Franciscan St. $228M, 400,000sf, full-service hospital has Elizabeth Central (99 beds) and Indiana 191 beds, 5 operating rooms, on-demand University Health Arnett Hospital (191 food service, adjacent helipad. With 140 beds). Seton Specialty Hospital, housed at providers, ambulatory surgery center and St. Elizabeth Central, provides long-term full-service hospital, IU Health Arnett acute care. offers integrated healthcare. It employs more than 250 physicians and providers, Numerous multi-physician clinics and 604 registered nurses and more than 1,100 ambulatory surgery centers also operate support staff. (Indiana University Health Arnett System, Riggs Community Health Center, Unity Franciscan St. Elizabeth Medical Center, Sigma Medical Group Health operates Franciscan St. Elizabeth and others). River Bend Hospital provides Health East, opened in February 2010, and mental health care, and Sycamore Springs Franciscan St. Elizabeth Health Central. is an inpatient psychiatric and substance Combined, they employ about 2,600. The abuse treatment hospital. new, $192 million, 410,000 sf, full-service hospital was built on 103 acres on South Creasy Lane. It has 150 private patient Greater Recent Activity Lafayette rooms, a stand-alone women’s center, eight Commerce Openings operating suites, 27 emergency department bays, 14 neonatal intensive care suites, room Health Quest Naturopathy & ECONOMIC service dining, an interior courtyard and Esthetique Skin Care Salon TR ENDS chapel. The Central site provides medical IU Health Arnett West Lafayette and intensive care, psychiatric services and clinic emergency services. Franciscan St. Elizabeth Lafayette Regional Health system employs 66 physicians, 514 Rehabilitation Hospital, operated registered nurses and 1,587 support staff. by Ernest Health The east-side campus includes two medical office buildings. Lafayette Regional Vein/Laser Clinic St. Vincent Seton Specialty Hospital, housed in Franciscan St. Elizabeth Center, is a long-term, acute Renovations hospital providing complex medical care to Indiana Veterans’ Home, $5.7M the most critically ill patients. renovation

Franciscan St. Elizabeth Health East 16 Nonprofit Sector

Recent Activity grants to 84 nonprofits in 2012, launched a matching campaign for agency endowments, Duncan Hall is spending $432,000 on established 15 new funds. a remodel. Faith West Right Steps Child , $12M, four-story religious facility opened on 6.5 acres at Northwestern Development Centers is the new and Lindberg by Faith Church; houses name for Tippecanoe County Child Care. worship space, community center, gym, It operates four child care centers, resource fitness center and preschool; three floors (42 network, afterschool programs. apartments, 120 beds) of student covenant Jan Andre Bootsma Arts apartments. Building, a 13,000sf downtown building United Way of Greater adjacent to Long Center for the Performing Lafayette exceeded its 2012 campaign Arts, to be converted to office, meeting goal, raising more than $4.75 million and practice space, with some apartments in pledges and donations; the agency remaining; purchased with $1M gift to Long provides funding for 23 local social service Center Inc. organizations. The Community Foundation of Greater Lafayette, which manages endowments and funds for individuals and organizations, disbursed $768,600 in Greater Lafayette Commerce ECONOMIC TR ENDS Public Works

Fiber Hoosier Heartland Corridor, $450M: Lafayette-to-Fort Wayne nearing MetroNet investing $60M in 465 completion. miles of fiber to bring Fiber to the Home to Lafayette and West Lafayette. US231, $36M relocation around West Lafayette opened; includes 6 miles of Wintek continues its $1.7M upgrade to bicycle/walking paths. its core network to bring backbone speeds up to 10 Gbps. Parks/Community Transportation Facilities Lafayette: Columbian Park CityBus. 2013: Opened $2.2M Zoo: $150,000 depot for park train downtown transfer center. announced; $3.4M in improvements at Riehle Plaza and pedestrian bridge planned Roadwork/Sewer work for 2014. Lafayette: $28.3M in various road State: Prophetstown State projects. Park opened $6M swimming facility. West Lafayette: Northwestern, $5.5M; street resurfacing, $780,000; sidewalk repairs, $365,000.

17 Real Estate/Developments

Overview Hayes Triangle/Wang Hall (Purdue): $38.9 million, 147,000sf, argest local agencies: Candor Realty, four-story building in 500 block of Keller Williams, F.C. Tucker/Lafayette Northwestern, under way by owner, Purdue Realtors, Coldwell Banker Shook and L Research Foundation, which will lease part ReMax. Among top residential builders: to Purdue for the Seng-Liang Wang Hall of Citation Homes, Komark Ltd., Tempest Electrical and Computer Engineering. Plans Homes; commercial: Kelly Construction also call for leases to retailers and possibly a of Indiana, Kettelhut Construction, financial institution. Milestone Contractors, Norfleet Builders, Superior Structures, Tecton Construction Regal Valley Commons, $30M Management, Weigand Construction Co. retail/commercial development, Veterans Related: Kirby Risk Electrical Supply, The Memorial Parkway, on 29 acres. Schneider Corp., Scholer Corp., TBIRD Stadium Capital/720 Design Services and Tillett Engineering Northwestern (joint venture: Services. Campus Acquisitions and South Street Purdue Research Park: 200 acres Capital), building a five-story, mixed use, of 725-acre park now have infrastructure. retail/apartment project (two blocks north Currently, the park has 51 buildings; 1.3Msf of Hayes Triangle, above), with two levels is owned or leased by 160 companies; of underground parking; apartments: about 3,200 employees work in the park 490 beds; retail: Fresh Market grocery, Greater (largest firm is State Farm Insurance, 535 bookstore, Regions Bank and fast-food Lafayette employees). The park has 350,000sf of restaurants on ground floor; 405 parking Commerce incubator space, the largest institutionally spaces. operated technology incubator program State Street Corner, State and ECONOMIC in the nation. Designated an Indiana Northwestern, 49,500sf, 5-story, with 24 TR ENDS Certified Technology Park in 2003, allowing apartments and three floors of retail space, local option and state income taxes from including a CVS Pharmacy (replacing employees to be collected in a development Smoothing King and Where Else? Bar); yet fund. Park has a $1.3B economic impact on to begin. Indiana. Commercial Recent Activity INOK commercial business park adding Mixed-Use, Multifamily a 13,000sf new building and 12,000sf Developments Announced/Under Way addition to existing building for Acell. 320 Grant St., $17M multifamily Innovatech improving facility, $50,000. project. Market Square Shopping 516 Northwestern, $25M multi-use Center acquired by Lafayette MSP LLC, facility under way. several investors, including Jennie Kirby, Kirby Realty owner; 30 tenants. Boiler Gateway, 135-unit apartment project planned for State and Salisbury, Market South, $975,000, Veterans West Lafayette, by developer Boulder Group Memorial Parkway, announced. LLC. Cumberland Proper: J.C. Residential Hart, Carmel, planning to develop 266- Assisted living facility, $14M, unit planned development, west end former Home Hospital site being developed of Cumberland, 19 acres, to include by Carmel-based Mainstreet at former 24 apartment buildings, 11 duplexes, Home Hospital site; 100 beds, single story, clubhouse, English Tudor style, project now 66,000sf, to open summer 2014, $14M, to in review. employ 130, yet to be named.

18 Real Estate/Developments | Continued

Centennial Townhomes: Building/Sales Activity Developer now being sought for former Residential sales, all of th Midwest Rentals site on 5 Street Tippecanoe County downtown; a public/private development; $5 million project expected. 2013: 1st and 2nd quarters: 1,099 properties sold, $159.2M , average The Cottages on Lindberg price $144,900 planned for Lindberg and McCormick Roads; 129 single-family and duplex units 2012: 1,923 properties sold, $283.5M; for student housing on 18-acre site; to average price $147,441 include clubhouse, trails, volleyball and 2011: 1,627 properties sold, $219.6M; basketball courts. average price $134,997 Northwestern & Meridian, 2010: 1,674 properties sold, $233.2M; Gary Schroeder building 3-story apartment average price $139,306 complex (818 Northwestern), 2013 opening. 2009: 1,774 properties sold, $245.5M; Park Place Apartments, .75-acre average price $138,369 site, $1.24M, three-story building, 23 2008: 1,789 properties sold; $255M; units, 51 bedrooms, 440 S. Chauncey (Greg average price $142,316 Milakis). Pi Beta Phi Sorority, $700,000 Single-family building renovation. permits, all of Tippecanoe County Greater University Terrace, three-story, 2013: 221 (1st and 2nd quarters) Lafayette 25-apartment unit with 53 bedrooms, 2012: 496 Commerce planned for 105 E. State St., near Purdue, ECONOMIC to include two-story parking garage (Greg 2011: 462 TR ENDS Milakis). 2010: 381 2009: 405 2008: 438

Affordable, distinctive housing is a plus.

19 Recognitions

Unless otherwise noted, recognitions are Tourism for Lafayette MSA, which includes Benton, No. 14 of 51, MSN Living/Parenting Carroll and Tippecanoe counties. magazine, mini-vacation spot rankings.

2013 Indiana No. 1 in the Midwest and No. 5 nationally, Business Chief Executive Magazine, Best Place to Do No. 1 in Indiana and No. 8 nationally, Business. Fortune, Best Place for Small Business, No. 2, Site Selection Magazine, Top 10 based on cost of business, jobs growth, Competitive States. educational achievements. No. 17 of 200, New Geography, Best Cities 2012 for Manufacturing. No. 2, America’s Brainiest Cities, The Economic Front-Runner, Area Development Atlantic, based on number of college Magazine in Leading Locations List. graduates, percent working in knowledge No. 21 of 25, Money Magazine, West and creative work and other performance Lafayette, for cities with youngest data. population; median age 23.5. No. 8, Best College Towns in America, American Institute for Economic Research, Education, Brain Power based on arts, leisure, employment, Greater entrepreneurial activity and other factors. Lafayette No. 1 for number of graduates in Commerce computers per capita and No. 15, Forbes, Best Small Places for Business & Careers (cities under 250,000); ECONOMIC No. 17 of 20 for metros producing TR ENDS college graduates in computers, Expansion No. 23, cost of doing business; Solutions Magazine. No. 64, job growth; No. 30 education. No. 3, Luminosity’s Smartest Cities for No. 37 of 179, Best Smallest Metros, cognitive power. Milken Institute Best-performing Cities In Top 100 metropolitan areas, USA Index, for job creation, economic growth. Today, for increase in percent of population Wall Street Journal Smart Money named and number of people with bachelor’s Lafayette as one of four places to degrees from 2006 to 2011; increases were consider for retirement. 45.1 percent and 4,708 individuals. Indiana No. 14, CNBC, Best States to Do Business; No. 7, Cost of Living.

CHICAGO

LAFAYETTE

INDIANAPOLIS

20 EDUCATION

P-12 Schools

Public Schools Recent Activity Lafayette School Corp. 11 New Community School, a charter schools, 7,036 students; 1 Four Star school school for grades K-6 founded in 1992, Tippecanoe School Corp. 18 consolidated in its first school-owned site schools, 11,844 students; 5 Four Star schools ($1M); 15 classrooms, 44,000sf; enrolls 230 with plans for 350. West Lafayette Community School Corp. 3 schools, 2,138 students; 3 Four Star schools

Ivy Tech Community College Greater Lafayette Overview Commerce Recent Activity ore than 8,600 students are enrolled ECONOMIC Craig Porter Energy Center, TR ENDS in Ivy Tech Community College $750,000, 1,000sf building opened July M Lafayette Region in spring 2013, 2013, training facility for energy technology with another 3,000 from other regions technicians; powered by renewable energy taking distance education courses that systems. originate in Lafayette. The public, open- Frankfort campus opened fall 2013; access college, which employs nearly 700, Newton County Instructional Center has seven buildings on 51 acres in Lafayette. opened fall 2013, with 16 classes. Its facilities include a joint-use college/ public library. It also operates a downtown City of Crawfordsville built and Lafayette satellite and several regional sites. leased $4.7M facility to Ivy Tech, allowing the college to operate a full-degree granting The college offers courses in more than 80 campus in Montgomery County. programs of study and awards associate degrees and technical certificates. Study Corporate College: Launched in areas include biotechnology, advanced 2011 as umbrella for training, certifications, manufacturing, agribusiness, alternative skills improvement courses. fuels technology, liberal arts, elementary Possible Expansion: College is education, computer information planning to request state funding for an technology, surgical technology, criminal 80,000sf, $25M building, now in conceptual justice and nursing. The college also stage, for the 2013-15 state budget cycle. offers specialized workforce training and continuing professional education.

21 Indiana University School of Medicine - Lafayette

Overview Recent News Indiana University School of Medicine – The school will move into a new facility fall Lafayette operates on the Purdue 2014, occupying part of the Lyles-Porter I University campus, admitting 16 first-year Hall of Health and Human Sciences at medical students each fall. Purdue. IU Health Arnett has contributed $1M for the building’s collaborative learning center.

Purdue University

Overview The Purdue Foundry opened 2013 in Burton Morgan Center for Entrepreneurs, est Lafayette campus enrollment: to assist startups. Fall 2012, 38,310 students, 7,934 of W them international students; Greater employed: some 15,000, including about New Facilities/ Lafayette 1,900 tenured faculty. Degrees offered in Renovations Recently Commerce the schools and colleges of agriculture, Completed ECONOMIC education, engineering, health and human TR ENDS sciences, nursing, liberal arts, management, • $98M renovation Córdova Recreational pharmacy and pharmaceutical sciences, Sports Center, completed 2012. science, technology and veterinary • $29.7M, 68,780sf Center for High medicine. About 6,000 earn undergraduate Performance Buildings and Herrick degrees annually; 1,400, master’s; and 550, Laboratories replacement opened May doctorates. 2013 . Facilities: Some 375 buildings on 17,794 • $25.7M, 71,822sf third and final tower acres, including farm land. Sponsored at First Street Towers residential complex research funding: $354M for fiscal year completed May 2012. 2011-12 ($419.6M, 2010-2011; $438M, 2009- • $21M Northwest Athletics Complex: new 10; $342.2M, 2008-09); among hundreds baseball stadium, improvements to soccer of specialized centers are collaborative field completed spring 2012. manufacturing, management of manufacturing enterprises, pharmaceutical • $9.8M, 51,779sf Windsor Residence Hall processing research, computer integrated renovations, Phase V, opened August good manufacturing and software 2012. engineering research. • $6.3M, 69,780sf Lilly Hall Phase VII University’s economic impact in the state is renovation, opened March 2013. more than $4.2B annually. • $4.5M, 36,752sf Young Hall renovation, opened June 2013. Recent Activity Honors: University implemented honors college program fall 2013. Discovery Park Partners, 10,000sf facility opened 2013.

22 PURDUE UNIVERSITY | Continued

Under Way • $22M, 59,000sf replacement for Food Stores, to open July 2015. • $54M, 112,000sf Lyles-Porter Hall and attached 850-space Harrison Street • $15.9, 28,600sf multidisciplinary cancer parking garage, to open May 2014 in Life research center, addition to Bindley and Health Sciences Park, for speech, Bioscience Center to open late fall 2013. language and hearing sciences and other • $8M Bailey Hall for Purdue Musical health programs. Organizations, 15,328sf, to open August • $39.9M, 300-bed, 124,189sf Vawter Field 2014. House with restaurant and convenience • $5.7M Wetherill Laboratory of Chemistry store to open June 2014. air handler. • $38.9M, 147,000sf Hayes Triangle multi- • $4.1M Stewart Center sprinkler system, use facility, 516 Northwestern Ave., to to be completed February 2014. include $18M Wang Hall of Electrical and Computer Engineering, retailers and a financial institution, to open April 2014. Planned • $29.5M, 81,500sf Center for Student • $58M animal sciences facility Excellence and Leadership to open March • $13M softball stadium 2014. • $28.7M, 65,400sf drug discovery Greater building for Center for Pharmaceutical Lafayette Development to open in February 2014 in Commerce Life and Health Sciences Park. ECONOMIC Education is highly valued. TR ENDS

23 Workforce Development

Overview Recent Activity everal other educators offer programs Advancing Manufacturing: for adults. Lafayette Adult Resource We Have Jobs Here, We Have S Academy provides basic skills training Training Here, launched in 2012 by and GED studies; Excel Center provides Ivy Tech Corporate College, WorkOne and adult high school education. On and Greater Lafayette Commerce for direct-hire offsite workforce training is offered by Ivy manufacturing jobs and a scholarship- Tech Corporate College. And nationally funded certified production training accredited, career-focused Harrison College program (see Community Initiatives). offers nine business and four health science Excel Center, public charter school programs, awarding certificates, associate through Goodwill of Central Indiana, and bachelor’s degrees. Leadership opened; free, serving up to 300 adults Lafayette provides an annual community seeking Core 40 high school diploma; day, leadership program. evening classes. Lafayettech launched in 2012 to provide high-tech entrepreneurial opportunities. Tricocci University Beauty College acquired Lafayette Beauty Academy, remodeled

Greater Lafayette Commerce Site availability http://statein.zoomprospector.com Economic TR ENDS Editors Greater Lafayette Commerce, founded Jody Hamilton in 1927, is a nonprofit membership Published by Greater Lafayette Commerce, Director of Economic Development organization supported by local industries Economic Trends highlights activities and [email protected] and governments. Its mission is to advance investments impacting the economy in economic and community prosperity for a Lauren Davis Tippecanoe County, Indiana. For more superior quality of life. information, visit Economic Development Program Manager September 2013 www.GreaterLafayetteCommerce.com [email protected] Greater Lafayette Commerce 337 Columbia St. | P.O. Box 348 Lafayette IN 47902 | 765/742-4044 TIPMONT R E M C Publication funded by Tipmont REMC

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