Home » News » Technology park has groundbreaking ceremony
Technology park has groundbreaking ceremony
Posted: Tuesday, August 1, 2017 11:00 pm | Updated: 6:57 am, Wed Aug 2, 2017.
By Ashlee Hoos firstname.lastname@example.org | 0 comments
ANGOLA — Ground has officially been broken for Technology Way, the technology park being developed at the intersection of Interstate 69 and U.S. 20 in Angola.
The development area has already been deemed a tax increment allocation area, with the expectation of promoting development by private parties within the corridor.
Angola Mayor Richard Hickman said 13 years ago he walked the property with Jim Ingledue and the two agreed something needed developed on the land that wasn’t “just another retail establishment.”
Since that day, meetings have occurred, partnerships have been formed and the technology park has come to light for Angola and Steuben County.
“We were able to get the plan started when partnering with Fremont and the Steuben County Economic Development Corporation by entering the America’s Best Communities competition. We were able to put together the economic development plan for this area,” Hickman said.
The north-south street being constructed will be known as Innovation Way, with the east-west street named Enterprise Drive.
API Construction had the winning bid on the project and Hickman is confident they will deliver a quality project.
Funding for the project has come from a number of places. The city received a Community Crossings Grant from the state worth $935,000, Speedway LLC has contributed $1 million, Angola First Development another $910,035 and $432,439 from city funds.
State Rep. Denny Zent, R-Angola, said he is thankful the legislature that funded projects such as this for the next 20 years. He said its the partnership with the Indiana Department of Transportation and Hoosier communities that is a catalyst for economic development.
“(State Sen.) Sue Glick and I will do what we can to bring what our part of the state deserves back home to it,” he said.
Jessica Miller with the Indiana Department of Transportation said she was blessed to be able to help bring the Community Crossings Grant to Steuben County. She was on the grant making team.
“It’s an important partnership that shows Angola has what it takes to bring businesses to the city,” she said.
Michael Galbraith with the Northeast Indiana Regional Partnership said, “We’ve succeeded in bringing this gem to northeast Indiana.”
He echoed others sentiments saying it will be a great thing for Angola and a “setting for genius.”
Allen Hersel from Trine University spoke on behalf of President Earl Brooks and applauded the partnership that is going on.
“It’ll be a great opportunity for Trine students to stay here in the state, the city they love,” Hersel said. “I’m sure the future is bright.”
Steuben County Economic Development Director Isaac Lee said Steuben County is ready for the new growth in the community and commended the community for having infrastructure that is “second to none for communities this size.”
The technology park will continue to have work done now that the official groundbreaking is complete.