The state’s newest tech hub is already looking to expand in downtown Indianapolis. The Union 525, which offers space for startup and scale up companies in the former Manual High School, is eyeing a campus-style development, says Managing Partner John Hurley. "What’s great about this location is we have a lot of opportunity to expand," said Hurley, on a special Indy Tech Town Hall edition of Inside Indiana Business Television. The tech center is located on the city’s near south side, near the Eli Lilly and Co. and Rolls Royce campuses. "This is really the innovation district when you think about downtown," said Hurley.
Hurley says there is some "big news" about to be announced. He calls the near south side of Indy is "kind of the last frontier for downtown." Future plans, he tells Inside INdiana Business Television Host Gerry Dick, involve eventually launching another 150,000 square-feet facility using the same model and building a 4-story, 700-space parking garage on an adjacent, three-and-a-half acre property also owned by Hurley’s group.
The Union 525 is located in the space that previously housed Emmerich Manual High School, and later, Harry E Wood High School, which closed in the 1970s. Its current tenants include SmartFile, Springbuk, Launch Indy, the temporary location of the new Purdue Polytechic High School, Scale Computing, Levementum and Rose-Hulman Institute of Technology.
Watch the full segment from our special Indy Tech Town Hall at The Union 525: