Purdue Research Foundation and Indianapolis-based Browning Investments have unveiled a master plan for the $1bn Discovery Park District in West Lafayette, Indiana, US.
The plan outlines a 30-year commitment to transform the west side of the Purdue University campus into a mixed-use gateway for intellectual discourse and commercial partnerships.
Purdue and Browning are partnering on the long-term project to build a pre-eminent environment for educational, economic, cultural and community activities.
A four-storey, three-building, 387,000ft² complex called ‘Aspire at Discovery Park’ is scheduled to be completed in August 2019, and ‘Convergence’ facility will break ground later in 2018, pending board approval.
‘Convergence’, a 145,000ft², five-storey mixed-use building, will connect Purdue University research, industry, investors, and innovative ideas with commercial impact through collaborative research, licensing and start-up creation to private enterprise.
The ‘Convergence’ facility will also serve as home to the Purdue Foundry, where Purdue’s growing start-up community will be supported.
The facility will house the Purdue Office of Technology Commercialization, Purdue’s Office of Corporate and Global Partnerships and WomenIN. ‘Convergence’ will be the first physical home of many of Purdue’s corporate sponsors.
The Discovery Park District master plan includes District Core as the centre and social hub of the innovation ecosystem, offering a mix of uses, including co-working, office, lab and maker spaces.
Main Street will serve as a corridor that links multiple areas of the district and connects to both State Street and Airport Road.
The master plan also includes an enhanced Squirrel Park that includes a mix of landscaped park spaces, recreational areas and pedestrian pathways.
Residential Village for a walkable community for single-family housing needs is also proposed.
An Aerospace District is also planned as one of the largest university-affiliated aerospace business hubs for companies to collaborate on research and commerce.
The Discovery Park District project is the result of collaboration between Purdue, Browning, and West Lafayette.
The project will complement other initiatives already taking place on the west side of campus, including the State Street Redevelopment Project, US 231 west side expansion, Horticulture Park, Todd’s Creek relocation, new recreational fields, Purdue Early Child Care Center and the Rolls-Royce facility at the Purdue Research Park Aerospace District.