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are optimistic that we can get this project moving in 2006 as well. We continue to look for new <br />opportunities to increase market-rate housing units in downtown. At the NW corner of <br />Washington and William, Historic Landmarks Foundation of Indiana has taken ownership of the <br />Rushton Apartment building and is working with a developer to create apat~tments or candy <br />units. They have stabilized the structure and cleaned out truckloads of debris. This will be a <br />great turnaround for a structure that was scheduled far demolition. Just down the street, Sout}z <br />Bend FIeritage Foundation in partnership with the City, acquired and demolished Basic Machine, <br />opening uP more land for new residential development. This increased interest in housing, <br />offices, stores and restaurants is a great indicator of the vitality of downtown. The momentum <br />keeps building. <br />Innovation <br />We are fortunate to have exceptional institutional partners in the city. They provide great <br />jobs in our community, but also work cooperatively planning growth and investment. Memorial <br />Hospital continues to invest in state-of-the-art facilities at its main campus. Just a year ago they <br />opened the acclaimed Heart and Vascular <br />Center, pioneering new ways to meet <br />patient needs. Memorial is currently <br />exploring the need for new surgery suites <br />and an energy center {replacing the old <br />power plant}. Plans have been proposed <br />for a children's hospital and a cancer <br />center. All would be part aftheir <br />downtown location. Anew Neuroscience <br />y <br />~. <br />-~ <br />;~~;_ <br />'r <br />...,__ <br />Center could be developed at the NE corner of Michigan and Navarre. These investments keep <br />Memorial at the cutting edge of medical technology and help to keep South Bend as the regional <br />center for health care. St. Joseph Regional Medical Center also continues to invest in new ways <br />to provide quality health care at their current campus, even as they prepare to move to the <br />northeast. "They are looking for better ways to reach the community so that all populations have <br />access to medical care. The new mobile health unit is one example of that commitment. I <br />appreciate the commitment that St. Joe has made to bring positive investment to their current site <br />A-29 <br />