SOUTH BEND, Ind. (May 12, 2016) – Governor Mike Pence and Lieutenant Governor Eric Holcomb joined regional leaders in South Bend today as North Central Indiana broke ground on the Studebaker Factory Buildings redevelopment, which is one of the region’s marquee projects outlined in its “Innovate Indiana” plan submitted for state funding through the Indiana Regional Cities Initiative.
“South Bend and the surrounding region have a rich heritage of innovation, starting with Clem and Henry Studebaker opening their first company here in the mid-1800s,” said Governor Pence. “This bold project continues that trend, making old new again and creating an opportunity to advance entrepreneurship, education and workforce development in Indiana. The redevelopment of this mile-long campus will transform the North Central region, fueling innovation while attracting new business and top talent to the Hoosier state for years to come.”
The four-phase, $165.7 million project will anchor the establishment of South Bend’s Renaissance District and, once complete, is set to be the largest mixed-use technology campus in the Midwest.
The adaptive reuse of the former Studebaker campus, which totals 1.1 million square feet of real estate on 30 acres, will create a concentrated hub for education and innovation with the potential to house more than 3,000 technology workers, serve more than 7,100 students in workforce development capacities, and facilitate nearly 800 internships each year.
Today officials broke ground on renovations of Building 112 and Building 113, which will be transformed into a 220,000-square-foot space dedicated to entrepreneurship and STEM programming, housing multiple tenants specializing in advanced manufacturing, life sciences, technology, education and workforce development in addition to space for co-working and retail. The initial work will provide needed renovations and address infrastructure issues related to the historic site, which has remained largely vacant since Studebaker ceased auto production in South Bend in 1963.
“Our region has already benefited immensely from the collaboration required to develop a bold vision for the future,” said John Affleck-Graves, executive vice president of the University of Notre Dame and chair of the Northern Indiana RDA board. “The Renaissance District, including the renovation of historic Studebaker Building 113, was identified as a marquee project in that vision. And today, we’re thrilled to be breaking ground at this historic site where the promise of innovation will once again be shared with our entire region. On behalf of the RDA, and the half million men, women and children we represent throughout Elkhart, Marshall and St. Joseph counties, thank you, congratulations, and let’s continue working together to support a growing, innovation-based economy that attracts more and more talented people to North Central Indiana.”