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NOBLESVILLE, Indiana (Inside INdiana Business) – In his State of the City address this week, Noblesville Mayor Chris Jensen unveiled plans for the Innovation Mile, a masterplan innovation district he calls the “next step” in the development of the city. The nearly 300-acre innovation district in the city’s southwest will aim to attract businesses in the life sciences, medical technology, advanced manufacturing, and professional and technical services sectors, according to Chuck Haberman, City Workforce Development Manager.
In an interview with Inside INdiana Business, Haberman said the neighborhood is designed to foster innovation.
“[That’s] really any kind of innovation within our targeted industries, ”said Haberman. “We want to have a place where they can go in Noblesville where they can have like-minded ideas, share ideas, innovative ideas and that’s our attempt.”
The neighborhood will be located along 141st Street between Olio Road and Prairie Baptist Road.
The project is still in the early conceptual stages, but Haberman says the city hopes the neighborhood will stimulate around $ 500 million in private investment in the area. He says the neighborhood will be a great tool for the city to market to potential businesses.
“When you have the space we have in Wayne Township, it is sometimes difficult for users to visualize the corn or soybean fields as an attractive place to develop a business. So this is our first step in showing them that we have the space for you. . This is where we want you to be and this is where you want to be, ”he said.
The construction schedule and estimated cost of the project are not yet known. The city tells our partners at Indianapolis Business Journal the next step will be to update its overall plan to include development.
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