Purdue Research Park

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Park Information
Name: Purdue Research Park
Motto: The Idea Economy is Here
Locations: West Lafayette, Indiana Indianapolis, Indiana Merrillville, Indiana New Albany, Indiana
Affiliation: Purdue University
Companies: Nearly 200
Land: 725 acres (2.93 km2) 78 acres (0.32 km2) 40 acres (0.16 km2)
Incubation Space: 356,000 square feet (33,100 m2) 55,000 square feet (5,100 m2) 48,000 square feet (4,500 m2) 40,000 square feet (3,700 m2)

The Purdue Research Parks are a network of four research parks located in Indiana, United States. The 725-acre (2.93 km2) flagship West Lafayette park is located less than 2 miles (3.2 km) north of Purdue University's West Lafayette campus, and is the largest university-affiliated research park in the United States. The other facilities are located in Merrillville, Indianapolis, and New Albany.[1] The parks were developed by the Purdue Research Foundation.

Under development since the late 1990s, the Purdue Research Parks are now home to nearly 200 companies encompassing numerous industries and fields of study, including biology, materials science, and information science, among others. Purdue University and Purdue Research Foundation operate business incubation programs to assist organizations in the process of commercializing innovative technologies.[2] It represents the largest cluster of "technology-based companies" in Indiana.[3]

Economic impact

Purdue Research Park has been used as an example of the positive "impact of scientific research" on local economies, specifically through citation of a report which detailed a positive financial impact of US$1.3 billion per annum for the state of Indiana and a positive jobs impact through creation of 4000 jobs.[4]

Locations

The network of four research park locations are referred to as Purdue Research Park of West Lafayette, Purdue Research Park of Indianapolis, Purdue Research Park of Northwest Indiana (Merrillville) and Purdue Research Park of Southeast Indiana (New Albany).[1]

West Lafayette

The West Lafayette location was Indiana's "first designated certified technology park", a 725 acre site employing more than 3000 people as of 2012.[5]

The Vistech 1 building.

As the largest university-affiliated, high-tech park in the United States,[citation needed] the West Lafayette Purdue Research Park is made up more than 50 distinct buildings. Key buildings include:

Incubation facilities

  • Business and Technology Center
  • Purdue Technology Center
  • Herman and Heddy Kurz Purdue Technology Center

Graduation facilities

  • International Technology Center
  • Lakeview Technology Center
  • Pritsker Building
  • Ross Enterprise Center
  • Vistech 1

Other affiliated facilities

Resident companies

Northwest Indiana

In 2013, the data management company Intercontinental Industries (operating as interLink) took up residence at the Northwest Indiana location.[8]

References

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External links

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