updated: 8/6/2012 7:55:45 AM

South Bend Tech Park Hits Milestone

Andy Ober, InsideINdianaBusiness.com

A South Bend-based data center is set to become the first privately-held business in the city's Ignition Park. Data Realty LLC President Rich Carlton says the company caters to mid-sized businesses and offers clients the option of part ownership. Carlton spoke to Inside INdiana Business Host Gerry Dick about the company's growth and South Bend's economic momentum.

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Data Realty was founded in 2010. Construction is underway at Ignition Park. Carlton says the company is investing $15 million in the initial construction project, and $40 million in future phases. When the center is complete, the company plans to hire 15 new workers.

Carlton says the center is a "huge opportunity for South Bend" and says the city is experiencing economic momentum. He says, "if South Bend was a stock, I'd be buying."

Source: Data Realty LLC, Inside INdiana Business

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