HomeMy WebLinkAbout10.13.15_Mayor_Applauds_Advanced_Center_for_Cancer_Care's_Move_DowntownCITY OF SOUTH BEND
PETE BUTTIGIEG, MAYOR
Office of the Mayor
CONTACT:
Kara Kelly, (574) 235 -5853
kkelly @southbendin.gov
FOR RELEASE: Tuesday, October 13, 2015
MAYOR APPLAUDS ADVANCED CENTERS FOR CANCER CARE'S MOVE TO ONE MICHIANA SQUARE
Advanced Centers for Cancer Care, a healthcare management division of the northern Indiana
cancers care provider, is headed to One Michiana Square, continuing to fuel the City's economic
momentum.
"We're delighted to have this growing firm add to South Bend's tech sector," says Mayor Pete
Buttigieg. "Bringing new life to One Michiana Square will provide job opportunities for many
people and is yet another shot in the arm for downtown."
The company, which employs 20 people, has committed to adding 110 jobs downtown by 2025
with average wages of $25 per hour.
The City will ask the Redevelopment Commission to approve $900,000 from the River West
Development Area TIF to finance equipment, which the City will lease back to the company.
Advanced Centers for Cancer Care will spend $7 million to equip and occupy the space, which it
will lease for an initial term of no less than five years. The development agreement includes a
clause prohibiting Advanced Centers for Cancer Care from seeking tax abatement for the project.
The company's relocation to One Michiana Square is expected to serve as a catalyst for future
improvements to the 30- year -old building, which sits at the southeast corner of Michigan and
Wayne streets.
"To have a company like Advanced Centers for Cancer Care choose to expand downtown speaks
to the economic opportunity South Bend offers," says Scott Ford, Executive Director of
Community Investment. "This will be a mutually beneficial relationship for years to come."