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Studebaker) <br />Oliver <br />— Project Area <br />A <br />Studebaker Plant Z <br />South of Sample Street <br />7 buildings, 4 property owners <br />• 2,845,716 square feet of <br />buildings <br />• 2,388,903 vacant square feet <br />(84% vacancy) <br />• 82 acres <br />• Redevelopment cost: <br />$10,267,143 to $26,501,241 <br />Expectations for Area A <br />• New construction of <br />1,000,000 square feet of light <br />industrial space <br />• Private investment of <br />$46,000,000 <br />• Creation of 1760 new jobs <br />Area 6; <br />Studebaker Plant I <br />North of Sample Street <br />I building, I property owner <br />• 804,408 square feet of <br />buildings <br />• 160,000 vacant square feet <br />( -20% vacancy) <br />• 22 acres <br />Studebaker 0 Oliver <br />Studebaker Plant 1 <br />AREA B <br />Redevelopment in Area B <br />Construction of new <br />St. Joseph County Jail - <br />completed 2001 <br />Demolition of the former <br />Standard Surplus and South <br />Bend Warehouse (Building <br />#69) structures - 2000 <br />Construction of Public <br />Works Service Center -2002 <br />A 401 <br />Oliver Plow Works <br />701 S. Chapin St <br />37 buildings, I property owner <br />• 913,794 square feet of <br />buildings <br />• 833,794 vacant square feet <br />(91 % vacancy) <br />• 36 acres <br />• Redevelopment cost: <br />$3,406,490 <br />Expectations for Area C <br />• New construction of <br />425,000 square feet of new <br />light industrial space <br />• Private investment of <br />$22,288,520 <br />• Creation of 250 new jobs <br />,,,,. 1970's <br />Project Timeline (continued) R_~ Studebaker <br />� ^�� builtlings decline', <br />m <br />Daceber9 1963 Conveyor at <br />x p 6 Building 78, <br />- �5lutlebaker Ceases "(letr) <br />L� <br />Newly Acqulr¢d <br />Demollahed <br />1964 {L+rr' 4 -r <br />WM11e Farm - <br />ceeses <br />opemtlons at <br />Oliver all. <br />(nghtl jr - vY• , - <br />- buildings (nn photo) l *� Facility bate. (lea) <br />-.— ._._..---- - -.__. <br />1960 p rn � JN Op eratin Plant t & 2, <br />OLVer Corp ` (nett) 1975 -1977 <br />sold to White 6 i 1864 SDS. AVanfL : ..: ,.. Studebakor <br />Motor/Whlte I Cummins erchaso Powerhouse dem q oaner olishe Farm (nett) l Studebaker Municipal Service <br />