Luecke says several area businesses have expressed interest in how the research at the city's new technology parks could help their firms.
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updated: 11/9/2009 12:59:20 PM
[UPDATED] South Bend On Track For Changing Economy
South Bend Mayor Stephen Luecke discusses his hopes for the economic impact of Ignition Park and Innovation Park with Inside INdiana Business Host Gerry Dick. The transformation of the South Bend-area economy is taking a significant step forward. In a Studio(i) interview, South Bend Mayor Stephen Luecke says the opening of the first building at Innovation Park is a key development in the city's plan toward a new manufacturing and technology-based economy. He also believes the impact of the park and its partner, Ignition Park, will be felt beyond the South Bend-Elkhart area reaching into regional Indiana counties and parts of southwest Michigan.
Source: Inside INdiana Business
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 Jerry Conover, Director, Indiana Business Research CenterIn a Studio(i) interview, IBRC Director Jerry Conover talked about both ... |
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Luecke also says the parks are combining with other economic development projects including Eddy Street Commons, which will support Innovation Park with retail stores and apartments, and the new cancer wing at the IU School of Medicine in South Bend.
Luecke says all are creating a sense of energy as South Bend moves to transform its economy.
The South Bend Tribune is reporting developer Kite Realty Group has not been able to secure financing for a $20 million hotel as part of the commons project.
Construction on the hotel and condominiums was to have been underway by this point.
But lenders have been wary of large hotel projects and want condos to be sold before money can be cleared for construction.
Source: Inside INdiana Business, South Bend Tribune.
