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04-24-12 Packet
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11/1/2012 10:29:38 AM
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South Bend Redevelopment Commission <br />Regular Meeting —April 10, 2012 <br />Commission approved Resolution No. 3021 <br />approving an application for personal <br />property tax deduction for property located at <br />1217 South Walnut Street in the Airport <br />Economic Development Area (Lock Joint <br />Tube). <br />Mr. Inks asked that Item 6.C.(7) be moved up on the <br />agenda to be considered at this time. There was no <br />objection and the item was so moved. <br />C. Airport Economic Development Area <br />(7) Staff report and recommendation for <br />Renaissance District Phase II. <br />Mr. Schalliol noted that on March 13, 2 -12 <br />the Redevelopment Commission was <br />presented with an overview of the project <br />being called "The Renaissance District." The <br />project would be located at the southern end <br />of downtown, bounded by South Street, <br />Lafayette Boulevard, Sample Street and Scott <br />Street. The Renaissance District would allow <br />Union Station Technology Center (USTC), <br />which is now located in Union Station, to <br />expand south of the rail tracks into the Ivy <br />Tower building, with additional plans for a <br />larger, dense, mixed use community <br />technology center. While Phase I of this <br />project provided an updated power <br />infrastructure, Phase II includes <br />environmental remediation and rehabilitation <br />of the Ivy Tower building. Plans for the <br />rehabilitated space include data center <br />environments, advanced manufacturing and <br />rapid prototyping businesses, software <br />development companies, and <br />supercomputing capabilities, along with a <br />centralized energy source to provide recycled <br />energy for electric and thermal needs. USTC <br />and The Renaissance District are founded on <br />LOCATED AT 1217 SOUTH WALNUT STREET IN <br />THE AIRPORT ECONOMIC DEVELOPMENT AREA <br />(LOCK JOINT TUBE). <br />
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