Trine Project Lands Regional Cities Funding

Posted: Updated:
A rendering of the main entrance to the new Thunder Ice Arena, which will be built on the southwest portion of the Trine University campus. A rendering of the main entrance to the new Thunder Ice Arena, which will be built on the southwest portion of the Trine University campus.

The Indiana Economic Development Corp. has approved $2.8 million in Regional Cities funding for Trine University in Angola. The money, which will be awarded within the next 35 days, will go toward the university's new hockey arena and athletic and event center.

The Northeast Indiana Regional Development Authority approved the Regional Cities funding for the Trine project last month. The funding covers about 15 percent of the total cost of the new Thunder Ice Arena and MTI Center, which is nearly $19 million.

"Trine University’s Thunder Ice Arena and MTI Center are strong examples of why the Regional Cities Initiative was designed," said Jeff Turner, board chairman of the Northeast Indiana RDA. "We are attracting talent and creating a place where people want to live and work. With inventive and creative projects like this, we will grow the region to one million residents and attract the workforce critical to our employers’ success."

The university says it has $13.5 million in private donations pledged to the project and is receiving $1.4 million in gifts-in-kind from the city of Angola, including streets, rights-of-way, sidewalks and storm drainage.

The more than 46,000 square-foot, 700-seat Thunder Ice Arena, which will be home to the university's men's and women's hockey programs, is expected to be complete in the fall of 2017. The nearly 75,000 square-foot, 3,000-seat MTI Center, which will include three basketball courts, a six-lane bowling alley, e-sports center and fitness center, is expected to be complete in 2018.

The IEDC is also considering approval of Regional Cities funding for the University of Saint Francis, which is seeking $2.8 million toward renovations at its downtown Fort Wayne campus. Last month, the Northeast Indiana RDA recommended Regional Cities funding for the Embassy Theatre in Fort Wayne and the YMCA of DeKalb County, both of which also require approval from the IEDC.

  • Perspectives

    • Want to Lower Your Medicare Premiums?

      If you’re nearing retirement age, health insurance and Medicare are probably on your mind as well. Do you understand how Medicare works and how the monthly premium is determined? You need to be in the know to avoid making costly mistakes. Here are some tips for potentially lowering your Medicare premiums.



  • Most Popular Stories

    • Photo courtesy of Key Detail

      Internationally-Known Artists to Paint Greencastle Mural

      Key Detail, an internationally known mural artist, has been selected to create one of Indiana’s largest murals on four large grain silos at the corner of Veterans Memorial Highway and U.S. 231 in Greencastle. The Putnam County Mural Project received more than 70 applications from muralists worldwide for the project, which is a canvas of up to 8,000-square-feet and a primary gateway for Greencastle.  

    • Money magazine judges Fishers as 3rd best place to live in the U.S.

      Fishers Makes Top 10 List of 'Best Places to Live'

      Three communities in Indiana made the top 100 list of best places to live in the country, but only one made the top 10. Fishers was judged by Money magazine as the third best place to live in the United States, behind Clarksville, Tennessee and Round Rock, Texas.

    • (image courtesy of BHI Senior Living)

      Officials to Break Ground on Senior Community

      An Indianapolis-based developer of senior living communities is breaking ground Wednesday on a $20 million expansion project of its Hoosier Village. BHI Senior Living executives, along with Zionsville city leaders, will toss a ceremonial shovel of dirt on the addition of the existing 300-acre campus.

    • The Honda Greensburg plant opened in 2008.

      Honda to Invest $4M, Add Jobs at Greensburg Plant

      The American Honda Motor Co. continues to invest in its Greensburg, Indiana plant as it has announced the factory will be producing the company’s first electrified sport utility vehicle in the U.S. The company says it will invest more than $4 million and add 34 new jobs in the plant to support production of the CR-V Hybrid.  

    • (photo courtesy of The Times of Northwest Indiana)

      Historic Hospital to be Torn Down in Gary

      A building that once represented the racial divide in the city of Gary, but long provided health care to the African American community, will soon fall to a wrecking ball. The city says it intends to raze the long-abandoned St. John’s Hospital.