Bloomington Mayor Discusses 'Hive' of Economic Activity

Posted: Updated:
(Rendering provided by the city of Bloomington.) (Rendering provided by the city of Bloomington.)
BLOOMINGTON -

The mayor of Bloomington says work continues to overcome one of the city's greatest challenges: converting to a "new age" economy from a manufacturing-focused heritage. John Hamilton says one high-potential tool in the mission is the Trades District, a 12-acre portion of Certified Technology Park downtown that used to be home to Shower's Brothers Furniture Co. The new vision for the property involves a "thriving cultural and economic destination."

In an interview during a special edition of Inside INdiana Business Television focused on Bloomington, Hamilton described the work already that has already started in the transformation of the district. "We're really just beginning to kick off to convert one of those old buildings, an old furniture factory -- beautiful old building -- to kind of the center of the hive with the incubator energy, new company startup and then building around it," Hamilton said, talking about TASUS Corp., which is planning to invest $9.2 million into a new headquarters and research and development facilities. He says the city is also talking with other companies about the property.

The Trades District, Hamilton told Host Gerry Dick, plays into the city's efforts to build on the "fantastic energy, vibe, activity" to attract residents to live, work and play. Building awareness of some 50 tech-enabled companies that call Bloomington home and growing the mass of businesses locating downtown are additional pieces of the puzzle Hamilton says he hopes the Trades District will boost.

See more about plans for the Trades District:

  • Perspectives

    • How Telling Your Customers 'No' Can Improve Loyalty

      Business usually try to convert customers into loyalists by giving them what they want. That statement seems obvious... until it's not. Take Milktooth in Indianapolis, for example. The restaurant has become a star of the food scene by telling customers "no." This flies in the face of what most businesses consider to be standard operating procedure. But for Milktooth, saying no is simply good business.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • How Telling Your Customers 'No' Can Improve Loyalty

      Business usually try to convert customers into loyalists by giving them what they want. That statement seems obvious... until it's not. Take Milktooth in Indianapolis, for example. The restaurant has become a star of the food scene by telling customers "no." This flies in the face of what most businesses consider to be standard operating procedure. But for Milktooth, saying no is simply good business.

    • Historic Indy Building to Become Hotel

      A nearly 110-year-old building in downtown Indianapolis will soon have new life. Indianapolis-based real estate development firm Loftus Robinson is partnering with Kimpton Hotels & Restaurants in California to transform the former Odd Fellows building into a 130-room hotel with a signature restaurant. Financial terms of the project are not being disclosed, however the developer says the hotel is scheduled to open in early 2020 and create about 150 hotel and restaurant jobs.

    • Lessonly Announces More Growth

      Indianapolis-based Lessonly Inc. says a $2 million investment will create more than 100 jobs by 2020. The training software company says it will initially build on its current operations, but will look to expand its footprint in the city during the next five years. Last month, Lessonly announced an $8 million round of funding. The growth will more than double the current size of the Lessonly team. The new positions are expected to pay...

    • New Hotel Opens in Vincennes

      An $8.5 million hotel is now open in southwest Indiana. The 79-room Hampton Inn by Hilton Vincennes employs 21 associates. Hotel Development Services and Vincennes Hotel Developers LLC owns the property, which is managed by Indianapolis-based General Hotels Corp. General Manager Virgil Rasche says...

    • Second Vigo County School Funds Thief Convicted

      An accomplice in a theft of more than $110,000 from the Vigo County School Corp. has been convicted in federal court. Franklin Fennell, the district's former facilities director, will serve up to 20 years in prison for a scheme involving kick-backs on falsified work invoices. The office of United States Attorney Josh Minkler says Fennell and former Vigo County Sheriff's Department deputy Frank Shahadey worked with a local contractor to create and submit invoices that either included...