Tenant Welcome Page
Phase III Development
•A 15-20 year plan (Phase III)
•President Leath focus on ISU’s economic development role
•Reorganization of Economic Development
•A regional approach to development
•Changing demands of the workforce
•A growing/changing economy
June 2014
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10 buildings
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501,521 square footage
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1,240 tenant employees
Changing the demands of the workforce
Enable Partnerships for the Future
Hub Square
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Heart of Phase 3
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Anchor mixed uses demanded by tenants
Building
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Consolidated location for Research Park, SBDC, CIRAS, ISURF, VPED, other Economic Development
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Accessibility
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Collaboration
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Services
Growth
Wealth of Resources, World of Possibilities
A Model of Economic Success
May 2013
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7 buildings
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441,521 square footage
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1,072 tenant employees
The Research Park represents an investment in excess of $20 million and generates $3.5 million in operating income each year. Fund appropriation from the state also represents over $325,000 annually. The Park also shows total salaries of $70+ million annually, with $65K on average annually.