In the first 10 years, 16 Tech is estimated to result in more than 3,000 jobs, and over $450 million in private investment.
Economic Impact Update
View a PDF of the Economic Impact Update for the 16 Tech Innovation District Development.
Innovation districts, like 16 Tech, are being designed to create, attract and retain jobs, transforming the economic landscape of cities, regions and states in a 21st century economy.Innovation districts, like 16 Tech, are being designed to create, attract and retain jobs, transforming the economic landscape of cities, regions and states in a 21st century economy.
16 Tech is one of Central Indiana’s largest talent development projects, generating nearly 3,000 jobs of all skill levels by 2030, according to a study by TEConomy Partners. 16 Tech is creating a place and environment for existing companies, start-ups, entrepreneurs and researchers in a 24-hour community where talent not only come to innovate and create, but also live, play and learn. By design, the community will provide employment opportunities with start-up and high-growth firms, research and corporate teams as well as retailers, housing and restaurant establishments. Employment opportunities are expected to include:
- Office positions
- Research and laboratory work
- Hotel and apartment management
- Retail and restaurant management
In partnership with local talent development organizations, 16 Tech is identifying skills training and other job-readiness programs for Central Indiana residents. As development progresses and jobs are identified, 16 Tech Community Corporation will provide details about employment opportunities with companies that locate at 16 Tech.
Entry & Middle Level Skill Jobs