RSSPurdue, State, Local Officials Announce First Company, Dedicate Research Park by New Indianapolis Airport
Jan 23
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The first tenant company of the Purdue Research Park at AmeriPlex-Indianapolis was announced by Purdue University officials Wednesday (Jan. 21) during a dedication ceremony for the 55,000-square-foot incubator that will help high-tech entrepreneurs create new businesses, develop new technology and expand life sciences research in Indiana.
“We chose to locate the research park in Indianapolis because it is in the center of our statewide technology highway,” Purdue President France A. Córdova said. “From northwest in Merrillville, to southeast in New Albany, our research parks continue to advance the state as a hub for innovation and discovery. This location near the new airport will provide additional incentive for national and international companies to choose Indiana as the place to do business.”
Córdova told the nearly 300 people attending the dedication that high-tech telecommunications company FlamencoNets Inc. will be the first business housed in the new research park.
The new $12.8 million technology center in the Purdue Research Park at AmeriPlex-Indianapolis will accommodate up to 75 businesses and create 1,500 jobs with an average annual salary of $54,000. Most of the new jobs will be in the life sciences and high-tech areas.
The city of Indianapolis provided a $5 million grant to support the development.
“Collaborative measures like the partnership with Purdue Research Park and Holladay Properties are key in cultivating economic development within our community and keeping Indianapolis competitive in the business world,” said Indianapolis Mayor Greg Ballard. “This facility and the expected growth of the area in the wake of the opening of the new Indianapolis International Airport will set the stage for Indianapolis’ future growth.”
The university’s other established parks are the Purdue Research Park in West Lafayette, Purdue Research Park in Merrillville and the Purdue Research Park in New Albany.
“The Purdue Research Parks are situated along I-65 from northwest Indiana to southeast Indiana,” said Joseph B. Hornett, Purdue Research Foundation senior vice president, treasurer and COO. “We anticipate the same level of success at the Indianapolis park as we have experienced at our other parks in the state. Combined, the parks support nearly 200 companies and provide jobs for more than 3,200 people.”