16 Tech: For Development

Strategically located for your advancement

Covering 170 acres, 16 Tech offers property for brand-new development. And it's all nestled in the heart of an area rich with life sciences and information technology advancement. 16 Tech is also in close proximity to several higher educational institutions and a number of service providers that support these highly specialized companies. Three city-owned parcels are newly available for private acquisition and development, including a 19-acre commercial site as well as two parcels (representing 120,000 sf) zoned for a mixed-use development.

For Mixed-use Development (Green)

Available for immediate construction on mixed-use development
2 outlying city-owned parcels for private acquisition and development
Up to 120,000 square feet in 1- to 4-story buildings
No demo required
Adjacent $23 million, multi-family project currently under construction with estimated completion in August 2013

For Development (Purple)

Available for construction: Third Quarter 2013

19-acre city-owned property for private acquisition and development
292,000+ square feet in 2- to 4-story buildings
City will demo existing buildings and deliver a shovel-ready site, including utility hook-ups, internal roadways, Helix Park bio-swale and connecting pedestrian bridge

Click here to download Land for Development maps.

IU Codevelopment (Red)

17-acre site
No demolition required
At least 320,500+ square feet
2-4 story lab/office buildings
8-10 acre minimum tenant preferred
Building architecture must meet IU Board of Trustee's design guidelines
Tenants must actively collaborate with Indiana University (research, internships, commercialization, licensing, etc.)
Tenant must operate in an advanced technology industry, such as biotech or health information technology
Note: Indiana University reserves the right to engage or not engage potential end-users at its discretion

For more information, contact:
Tom Morrison
Vice President - Capital Projects & Facilities, IU
Phone: 812-855-6992

Infrastructure Improvements

From the beginning, the city has planned for 16 Tech's long-range development. To ensure growth and sustainability, a number of infrastructure improvements – estimated at approximately $9.7 million – are already underway in area surrounding 16 Tech.

Enhancements and new additions to the life sciences technology park include:

Greenways and bike routes
Sustainable landscape featuring indigenous plants and trees
A multi-modal technology trail
Bioswales throughout Helix Park to ensure the removal of silt and pollution from surface runoff water