Archive for October 9th, 2005

Update on South Bend Tech Park

It turns out I may have spoken too soon in my post on Friday about the lack of developments with a South Bend area Certified Technology Park. The South Bend Tribune reports that Notre Dame is now officially “studying” a proposal from the City:

The city has been in discussions with Notre Dame and Indiana University South Bend to build a park that would have a combination of research facilities and space for businesses. It would be called the Research Park at Notre Dame.

The city looked at a variety of sites but would like to see the park built near the Notre Dame campus, Kendall said. The proposal asks for about 13 acres of university property at Eddy and the new Edison Road.

Notre Dame already is planning a retail and housing development nearby on Eddy Street. The areas would complement each other well and Kendall said other research parks have seen an advantage to being close to campus.

Kendall said the city will apply for the park to become a state-certified technology park. State-certified parks are able to capture up to $5 million in incremental sales tax and payroll employment tax revenues.

For now, the city is in no rush and is waiting to see where Notre Dame stands.

“It’s their property and it’s their announcement to make when the time comes,” Kendall said.

This is good news for the community, and I look forward to helping both Notre Dame and South Bend in any way I can on this project.

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