New development at Discovery Park District helps establish Purdue University as a premier location for innovation and economic prosperity.
November 14, 2019
The Association of Public and Land-grant Universities (APLU) has named Purdue University as a top award recipient of its 2019 Innovation & Economic Prosperity Place award.
The award follows a 2019 U.S. Bureau of Labor Statistics report that Tippecanoe County rose to the highest growing income in the nation with the largest fourth-quarter wage gain in 2018. According to the report, the average weekly wage increased 15.1% during that time period.
“These results are built upon years of collaborations among many partners across the entire region and state. And we a poised for even more growth in the coming years with multiple planned economic development initiatives.”
Examples include the recent expansions of international companies, including Rolls-Royce (Purdue Technology Center Aerospace), Schweitzer Engineering Laboratories (SEL Purdue) and Saab Global Defense and Security, which are all underway in the Discovery Park District, a $1 billion-plus development to transform the west side of the Purdue campus. SEL Purdue and Saab are already actively creating spaces for more than 600 new high-tech jobs.
"This award is a testament to the presence of Purdue University throughout the state of Indiana and beyond. This presence allows Purdue, Indiana’s land-grant university, to educate future leaders and improve the quality of life for Indiana residents and our global society.”
Other growth in and around the Purdue West Lafayette campus includes the:
- $120 million State Street Redevelopment Project in partnership with the city of West Lafayette.
- New housing, business and commercial growth, including the Aspire student apartments, Provenance single-family residential living, Continuum mixed use development, the Convergence Center for Innovation and Collaboration, and multiple high-tech startup companies
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