16 Tech offers 2 million square feet of office and lab space, makerspace and co-working space, as well as multi-family housing, a hotel, restaurants and other retail establishments for a 24-hour live, work, play and learn environment. The work spaces are connected and surrounded by more than 15 acres of green space with 4 parks, 3 miles of walking and biking trails and access to the city’s increasingly active waterways.
16 Tech will begin construction on the first four buildings in late 2018 and 2019 and include:
A multi-story building that serves as the innovation community’s anchor facility. The 120,000-square-foot building will house the Indiana Biosciences Research Institute (IBRI) and will include open lab and office space for additional tenants. Construction is expected to begin in late 2018;
A multi-family apartment complex with more than 250 units. Construction is expected to begin in late 2018 or early 2019;
Renovation of office and warehouse space for makerspace, co-working space and office space. Construction is expected to begin in late 2019; and
A new Class A office building with office and research space as well as food, beverage and retail space. The building is designed to encourage and facilitate new collaborations among buildings and 16 Tech tenants and residents.
Major place-making projects also will commence in 2018 and 2019 thanks to a generous grant from Lilly Endowment Inc.:
The design and creation of a signature new bridge spanning Fall Creek and connecting 16 Tech with Indiana University-Purdue University Indianapolis (IUPUI), the IU School of Medicine and hospital campuses along 10th Street. The bridge will accommodate pedestrian, bicycle and vehicular traffic and will be built as an iconic gateway to 16 Tech with ample gathering space, and interaction with Fall Creek;
A multi-use pedestrian and cycling path that connects 16 Tech with a future extension of the Indianapolis Cultural Trail;
The development of public art in and around 16 Tech; and
Central green space that serves as a destination within the innovation community, the focal point for many of the buildings and open space for events and gatherings.