16 Tech Plans Advanced Research and Innovation Facility
16 Tech Community Corporation will break ground in fall of 2018 on the $30 million Advanced Research and Innovation Facility in Indianapolis. The Indiana Biosciences Research Institute will lease space in the five-story, 120,000-sf building, which represents the first phase of construction in the 16 Tech Innovation District. The 60-acre development will include a second office and research building, a 250-unit apartment complex, and renovated warehouse facilities.