WEBVTT

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DEVELOPING, AND LOOKS LIKE
SOMETHING VERY SPECIAL.
>> FORMER INDIANAPOLIS MAYOR
GREG BALLARD.

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INNOVATION BUILDING 1 IS NOT THE
ONLY ACTION AT THE 16 TECH
INNOVATION DISTRICT.
JUST A FEW FEET AWAY SITS THE

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INNOVATION HUB, WHICH WILL BE
KNOWN AS H-Q-O, WHICH REFLECTS
THE FACT THAT THE BUILDING IS
THE FORMER HEADQUARTERS OF THE

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INDIANAPOLIS WATER COMPANY. IT
IS BEING TRANSFORMED INTO MORE
THAN 100,000 SQ. FT. OF SPACE
THAT IS ENVISIONED AS A CENTRAL

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GATHERING PLACE, NOT ONLY FOR 16
TECH, BUT FOR CENTRAL INDIANA.
THE INNOVATION HUB IS ENVISIONED
AS THE PULSE OF 16 TECH, WHERE

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INNOVATORS FROM ADVANCED
INDUSTRIES WILL COME TOGETHER,
BENEFITTING FROM THE KNOWLEDGE
AND ENERGY OF TOP RESEARCH

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UNIVERSITIES AND TALENT IN A
SENSE, PLANTING THE SEEDS OF THE
FUTURE INDIANA ECONOMY.
IT WILL INCLUDE MACHYNE, A

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15,000 SQ. FT. MAKERSPACE WHERE
MEMBERS---FROM HOBBYISTS TO
STARTUP INNOVATORS---WILL COME
TOGETHER TO BRAINSTORM AND

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DEVELOP IDEAS AND SEE THEM COME
TO LIFE THROUGH EQUIPMENT AND
KNOWLEDGE AND SHARED CREATIVITY.
HQO WILL ALSO BE HOME TO THE

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ARTISAN MARKETPLACE, OR AMP.
40,000 SQ. FT. OF SPACE,
INCLUDING SEVEN RESTAURANT
STALLS, A FULL-SERVICE

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RESTAURANT, A COMMUNITY KITCHEN,
A CULINARY INCUBATOR AND
ADDITIONAL SPACE FOR LOCAL
RETAILERS AND ARTISANS.

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THERE WILL ALSO BE MORE THAN
50,000 SQUARE FEET OF FLEXIBLE
OFFICE SPACE IN HQO, MANAGED BY
1776, A GLOBAL INNOVATOR NETWORK

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THAT MANAGES BUSINESS INCUBATORS
IN PENNSYLVANIA, VIRGINIA,
DELAWARE, NEW JERSEY AND
WASHINGTON, D.C.

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1776 AND 16 TECH SIGNED AN
AGREEMENT EARLIER THIS YEAR TO
HELP CREATE THIS INNOVATION
HUB I TALKED TO 1776 PRINCIPAL

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SHELTON MERCER THIS WEEK FROM
HIS PHILADELPHIA OFFICE ABOUT
WHAT HE THINKS MAKES 16 TECH
SPECIAL.

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>> THERE IS A COLLECTIVE ENERGY
AROUND 16 TECH. IT IS HOLISTIC,
IT IS A THOROUGH, I THINK IT IS
VERY THOUGHTFUL, AND IT HAS AN

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INNOVATION IN BUSINESS
INITIATIVES. THERE IS AN
EMPATHETIC THREAD THAT RUNS
THROUGH THE 16 TECH INITIATIVE.

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THERE IS A LOT OF EQUITY THAT
WE'VE BEEN TALKING ABOUT, AND
OBVIOUSLY RECENTLY IN THE MEDIA,
BUT IT'S BEEN A -- EQUITY THAT

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IS HAPPENING THROUGH THE
ESTABLISHMENT OF THE 16 TECH
CAMPUS. ALL OF THAT TOGETHER
WITH SOME VERY, VERY BRILLIANT

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INNOVATIVE...MOTIVATED CAPITAL
PARTNERS, AND CERTAINLY IT