'Topping Out' Set for 16 Tech Anchor

Posted: Updated:
A Topping Off Ceremony Takes Place Thursday Morning on the First Structure at 16 Tech A Topping Off Ceremony Takes Place Thursday Morning on the First Structure at 16 Tech
INDIANAPOLIS -

Crane operators will hoist and construction workers will weld Thursday the final steel beam into place atop the Innovation 1 building, the first new structure at 16 Tech. The ceremonial event marks a key milestone for the urban innovation district in Indianapolis.

The 10-foot-long beam was autographed by hundreds of people, including scientists, tech leaders and residents from nearby neighborhoods.

Browning Davis, the joint firm handling construction and management of the project, says the $30 million structure is fully leased.

The five-story structure will eventually house the Indiana Biosciences Research Institute (IBRI), the Central Indiana Corporate Partnership (CICP), and Indiana University School of Medicine researchers. Construction is expected to be completed next summer.

More than 27 Marion County companies are working on phase one of construction, creating 132 construction jobs.16 Tech planners expect the innovation community to create close to 3,000 jobs over 10 years.

16 Tech Chief Executive Officer Bob Coy will appear this weekend on Inside INdiana Business with Gerry Dick. In December Coy was a guest on a special Quality of Place Projects town hall edition of the show, which you can watch by clicking the link below.
 

  • Perspectives

    • Take Time to Face Reality

      When is the last time that you as a business owner truly stopped for 30 minutes or an hour and truly took some quiet time to reflect on your business? Like most owners, it’s probably been quite some time. We all get busy doing things, working hard, taking care of customers, running the business. But if we don’t take some time each day, week, month or quarter to slow down, we are setting ourselves up for failure. Business leaders and owners need the time to slow down to...

    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

    • (Image provided by the Capital Improvement Board.)

      Indy Alters Plans for Downtown Hotels

      The city of Indianapolis has announced plans to change the framework for a major project in downtown Indy that has sparked controversy. The $120 million project, announced in October 2018, calls for an expansion of the Indiana Convention Center and two new hotels at Pan Am Plaza, which would add about 1,400 rooms. The project has drawn criticism from a group of hoteliers, who have expressed concern of a potential oversaturation in downtown Indy. Indianapolis Mayor Joe Hogsett issued...

    • (photo courtesy Butler University)

      'Banner Year' for Butler Fundraising

      Butler University is celebrating what it calls a ‘banner year’ for its fundraising efforts. As Fiscal Year 2019 ended, the university had received $41.4 million from 15,823 donors. Butler says it was the second-highest fundraising total over the past decade. “This level of generosity demonstrates the incredible loyalty of our alumni, faculty, staff, and community, and the commitment we share to advancing Butler’s mission of providing the highest quality liberal...

    • Shelly Timmons

      IU Health Names New Leader of Neurosurgery

      The Indiana University School of Medicine and IU Health Physicians have named Shelly Timmons to lead the department of neurosurgery. She previously served at Penn State Health Milton S. Hershey Medical Center as vice chair for administration in the department of neurosurgery and director of neurotrauma.  

    • (Photo Courtesy: Roche Diagnostics)

      Roche VP on List of Influential Women Executives

      An executive with Roche Diagnostics has joined an exclusive list of prominent and influential women, including Oprah Winfrey and Serena Williams.  Cindy Carlisle, Vice President of Human Resources at Roche Indy, was named to Savoy Magazine’s 2019 Most Influential Women in Corporate America. 

    • Bank of America Merrill Lynch Adds Mar

      Bank of America Merrill Lynch has named Lucia Mar as senior vice president and the newly created position of Indiana market executive for Global Commercial Banking. She most recently served as market manager for the Greater Tennessee market in business banking. Prior to becoming a market manager, Mar was a senior relationship manager with the healthcare and institutions team.