{"id":3096,"date":"2022-06-27T18:51:00","date_gmt":"2022-06-27T18:51:00","guid":{"rendered":"https:\/\/new.www.purdue.edu\/newsroom\/?p=3096"},"modified":"2024-06-19T18:52:27","modified_gmt":"2024-06-19T18:52:27","slug":"discovery-park-district-at-purdue-a-1-billion-development-highlights-the-success-visible-impact-of-university-private-community-partnerships","status":"publish","type":"post","link":"https:\/\/www.purdue.edu\/newsroom\/2022\/Q2\/discovery-park-district-at-purdue-a-1-billion-development-highlights-the-success-visible-impact-of-university-private-community-partnerships","title":{"rendered":"Discovery Park District at Purdue, a $1 billion development, highlights the success, visible impact of university-private-community partnerships"},"content":{"rendered":"\n

Live. Work. Play.<\/p>\n\n\n\n

From an ambitious goal to create an entrepreneurially driven and innovative ecosystem for researchers to work together across disciplines in tackling the grand challenges of our time, Purdue University is taking the next steps to lift that concept to even greater heights.<\/p>\n\n\n\n

The $1 billion mixed-use development of housing, high-end manufacturing, and industry and research-driven partnerships, called Discovery Park District<\/a> at Purdue, is already an economic and commercial success. And it\u2019s just four years into a 30-year master plan, uniquely extending the impact and reach of a leading Big Ten university into its neighboring community.<\/p>\n\n\n

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Brian Edelman, president of the Purdue Research Foundation, addresses a group of Purdue, industry and community leaders at a Discovery Park District at Purdue event on May 25 in the the district\u2019s Convergence Center for Innovation and Collaboration. (Purdue University photo\/Rebecca McElhoe)<\/figcaption><\/figure>\n<\/div>\n\n\n

Driving quality jobs, high-tech manufacturing and a central hub for innovation<\/h2>\n\n\n\n

The Discovery Park District at Purdue, a $1 billion mixed-use development embedded into the fabric of the Purdue University campus, highlights the early success of a vision to establish a thriving \u201clive-work-play\u201d community and the impact of university-private-community partnerships.<\/p>\n\n\n\n

That\u2019s powered by the hundreds of new jobs supporting aerospace and high-tech industry manufacturing and cutting-edge research facilities; a newly announced microhospital; a planned event venue and additional retail establishments, joining high-end offices; and a multiphase development of townhomes, condominiums, apartments and single-family homes with additional plans for senior-living housing.<\/p>\n\n\n\n

And there\u2019s much more to come as Purdue and its key local and global partners take the steps to capitalize on the growing national trend for those who want to live, work, play and \u2014 the latest \u2014 retire near a prosperous and progressive university community.<\/p>\n\n\n\n

\u201cPresident Daniels conceived and championed this idea as a way to build the Greater Lafayette economy while making the nearby campus environment exciting and attractive so Purdue can recruit the talent it needs for the future,\u201d said Brian Edelman, president of the Purdue Research Foundation.<\/p>\n\n\n\n

Purdue Research Foundation<\/a> is leading the development of the 400-acre district. Already ahead of its 30-year timeline, the district has transformed the west end of the campus into a gateway for intellectual discourse and commercial and industrial collaboration.<\/p>\n\n\n\n

According to the Indiana Chamber of Commerce, $889.5 million worth of public investment and $1.5 billion in private-sector investment flowed into Greater Lafayette from 2015-20, much of that through the Discovery Park District at Purdue.<\/p>\n\n\n\n

The depth and breadth of the public-private investment project is visible through the progress in the district, which has expanded beyond the State Street Redevelopment Project and the established Discovery Park interdisciplinary research complex of facilities that Purdue launched in 2001.<\/p>\n\n\n

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A cornerstone of Discovery Park District at Purdue is the state-of-the-art research facilities and laboratories that are a part of the university\u2019s multidisciplinary advancements in aerospace and defense, life sciences and animal health, nanotechnology, agriculture-related technology and innovation, alternative energy, cybersecurity, advanced manufacturing and other critical fields. (Purdue University file photo)<\/figcaption><\/figure>\n<\/div>\n\n\n

\u201cThe Discovery Park District at Purdue will continue to grow and evolve as corporate partners locate jobs and workers to the area,\u201d Edelman said. \u201cOur job is to make sure the corporations that decide to locate in the Discovery Park District \u2018receive the keys\u2019 to Purdue University, ensuring that all of the research and recruiting interests of the companies are met and met at the speed of business. Additionally, the vision of Discovery Park District at Purdue calls for providing the options for housing, entertainment, health care, education and lifestyle amenities that those workers need.\u201d<\/p>\n\n\n\n

Rolls-Royce, Saab and Schweitzer Engineering Laboratories have brought millions of investment dollars to the district and have taken advantage of Purdue\u2019s engineering and technology expertise. More importantly, they\u2019ve added hundreds of jobs to the community.<\/p>\n\n\n\n

Aerospace engine manufacturer Rolls-Royce announced plans in April to grow its already sizable and long-standing investment in the district. Through a $204 million project, the United Kingdom-based company will expand<\/a> one building and construct two test facilities, creating 30 jobs that will pay average annual salaries in excess of $90,000.<\/p>\n\n\n\n

Rolls-Royce\u2019s plans include:<\/p>\n\n\n\n