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701 W. Chippewa Street is a 29-acre property, comprised of 1.4 Million (975,000 Leasable) <br /> sq.ft. of manufacturing, industrial, and office space in South Bend, Indiana. It was built in <br /> 1940 and renovated in 1993,with portions of the aging property still in need of further cost <br /> prohibitive improvements.This would improve the former Studebaker manufacturing <br /> facility by taking unusable areas and converting it into high-demand, leasable industrial <br /> space. <br /> This will be accomplished with abatement/demolition of the former aviation engine test <br /> cells,which are obsolete.The test cells were previously used for testing Boeing'sB-17 <br /> Flying Fortress engines produced during World War II, but no longer support this function <br /> and hinder access. Once the aviation test cells are demolished, it wilt allow for modern <br /> development of approximately 221,248 sq. ft. making leasable these inaccessible (dead) <br /> areas. IRG can then construct additional loading dock positions, create a truck court for <br /> tractor/trailer storage, and provide truck circulation around the multi-tenanted property. <br /> We look forward to this opportunity and seeing the community benefits as a result of our <br /> investment. <br /> Sincerely, <br /> Michele Kiernan <br /> Vice President <br /> Asset Development Manager <br /> as Agent for South Bend Chippewa, LLC and south Bend Chippewa ACG, LLC <br />