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January 6, 2025
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IN-46 & IN-42
New Construction, Site Work
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$14,000,000.00
Public - City
IN-46 & IN-42, Lost Creek Township, IN
Plans and Specifications are not available for this project. If that changes, they will be made available here.
Plans call to relocate Rose-Hulman Ventures to its main campus. The facility is currently 6 miles off of campus. Rose-Hulman Institute of Technology will construct a new campus for Ventures at the corner of Indiana 46 and Indiana 42. The institute plans to invest $14 million in the project. Rose-Hulman Institute of Technology plans to use a $2.2 million grant from the federal Economic Development Administration to relocate its Rose-Hulman Ventures program closer to campus. The EDA grant is being matched with $6.6 million in local funds, and Rose-Hulman has also received $1.5 million from the state’s Regional Economic Acceleration and Development Initiative, or READI, as well as $500,000 in American Rescue Plan Act funds. As of February 13 2023, the Wabash River Regional Development Authority will divide $20 million in READI grant funding. The Vigo County Council will have a council meeting tomorrow, February 14, to vote on the funding. Further details regarding design and construction timelines have not been identified. *Project information, including timeline and contacts, has been obtained through public sources. The content management team continues to pursue additional details; however, the contact(s) listed have yet to disclose or confirm any information. Inquiries should be directed to the contact(s) listed.
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