{"id":128229,"date":"2025-12-23T12:47:35","date_gmt":"2025-12-23T17:47:35","guid":{"rendered":"https:\/\/aroundfortwayne.com\/news\/?p=128229"},"modified":"2025-12-28T08:47:48","modified_gmt":"2025-12-28T13:47:48","slug":"state-support-announced-for-downtown-south-bend-tech-and-talent-hub","status":"publish","type":"post","link":"https:\/\/aroundfortwayne.com\/news\/2025\/12\/23\/state-support-announced-for-downtown-south-bend-tech-and-talent-hub\/","title":{"rendered":"State support announced for Downtown South Bend Tech and Talent Hub"},"content":{"rendered":"

\"\"<\/p>\n

Indiana Governor Mike Braun announced today the state\u2019s support of the Downtown South Bend Tech and Talent Hub, a collaborative, regional-led strategy that builds on the South Bend-Elkhart region’s long-term planning.<\/p>\n

<\/p>\n

Indiana<\/p>\n

Governor Braun Applauds New Regional-Led Innovation Development District in South Bend<\/strong><\/p>\n

Indianapolis, Indiana (Dec. 23, 2025) \u2013 Indiana Governor Mike Braun announced today the state\u2019s support of the Downtown South Bend (DTSB) Tech and Talent Hub, a collaborative, regional-led strategy that builds on the South Bend-Elkhart region’s long-term planning and is set to advance quality of place while catalyzing high-skill job growth, innovation and revitalization for years to come.<\/p>\n

\u201cAs part of our new approach to economic development, we are supporting Indiana’s regions to lead their own strategies for growth, and they are delivering,” said Gov. Braun. \u201cThe Downtown South Bend (DTSB) Tech and Talent Hub is a prime example of what happens when the state partners with communities while empowering them to develop and implement their own unique visions for economic growth. We\u2019re proud to come alongside the region and the many partners working together in South Bend to deliver meaningful impact for Hoosiers.\u201d<\/p>\n

The emerging Tech and Talent Hub, which is a keystone of the city of South Bend\u2019s Downtown South Bend 2045 plan, is a multi-phase initiative that will bring innovative employers, university researchers and students together in a centralized hub with pedestrian-friendly streets and gathering spaces. This new district is expected to attract related businesses and people to downtown while building demand for increased retail, dining and housing options.<\/p>\n

The first phase of the project, Colfax Corner, was launched last week and will result in a 202,000-square-foot research and innovation hub anchored by the University of Notre Dame that is expected to bring more than 400 high-tech jobs to downtown, increase community programming and events, and result in a projected $750 million direct impact to the local economy over the next 10 years.<\/p>\n

The development will feature a restored South Bend Tribune building and an adjoining modern research and office facility linked by a glass atrium and outdoor public plaza, creating a vibrant district where innovation connects with the broader community. Vertical construction is anticipated to begin in summer 2026, with completion expected by summer 2028.<\/p>\n

Colfax Corner and the broader Tech and Talent Hub is the product of cross-sector collaboration among Notre Dame, Ancora, the city of South Bend, the state of Indiana, Lilly Endowment Inc. and the Leighton Foundation. Based on the expected economic and community impact of the project, the Indiana Office of Commerce is supporting the hub through an Innovation Development District (IDD) designation, resulting in up to $225 million contributed by the IEDC to projects within the IDD over 30 years that will be funded through incremental tax revenue generated by the projects.<\/p>\n

 <\/p>\n

About the Office of Commerce<\/strong>
\nThe State of Indiana\u2019s Office of Commerce was created by Governor Mike Braun to align and accelerate the state\u2019s economic development efforts and is led by Indiana Secretary of Commerce David J. Adams.<\/p><\/blockquote>\n

 <\/p>\n

Related Images:<\/h3>
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Indiana Governor Mike Braun announced today the state\u2019s support of the Downtown South Bend Tech and Talent Hub, a collaborative, regional-led strategy that builds on the South Bend-Elkhart region’s long-term planning.<\/p>\n","protected":false},"author":1,"featured_media":106746,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[32997],"tags":[30521,40460,40458,40457,40456,4021,2224,31451,33002,39407,1153,40462,40461,3127,4063,40459,30193,116,5896],"class_list":["post-128229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indiana-department-of-commerce","tag-ancora-partners","tag-city-of-south-bend-indiana","tag-colfax-corner","tag-downtown-south-bend-2045-plan","tag-downtown-south-bend-tech-and-talent-hub","tag-elkhart-indiana","tag-iedc-indiana-economic-development-corporation","tag-indiana-governor-mike-braun","tag-indiana-office-of-commerce","tag-indiana-secretary-of-commerce-david-j-adams","tag-indianapolis-indiana","tag-innovation-development-district-designation","tag-leighton-foundation","tag-lilly-endowment-inc","tag-south-bend","tag-south-bend-tribune-building","tag-state-of-indiana","tag-tif-tax-increment-financing","tag-university-of-notre-dame"],"yoast_head":"\nState support announced for Downtown South Bend Tech and Talent Hub - 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