PROGRAM:

Jeff Kanable spoke to us about the Purdue Research Foundation’s major new initiative: the Purdue Innovation District. Jeff Kanable Development will total several million square feet with total investment in excess of $1 billion. Browning Investments, LLC, and Purdue Research Foundation have come together to build a preeminent environment for educational, economic, cultural, community and real estate development with a long-term plan and vision. The commercial development will generate real estate taxes which will cover Purdue’s commitment of $60 million for the State Street Project. This is one-half of the cost to redo State Street, with the other half being contributed by the city. Browning Investments were also involved with the building of Wang Hall. This new Innovation District will build on the strength of Purdue’s capacity to translate academic endeavors into corporate entities, as evidenced by the twenty-seven startup companies formed last year. The Innovation District will include Discovery Park, which is already built on the south side of State Street. It will extend west and past the new 231 to include the Rolls-Royce facility. The entire design will include student housing; non-student residential; hospitality; lab, research and other collaboration spaces; office; discovery and entrepreneurial spaces; retail; public spaces; and aerospace industry-focused research, advanced manufacturing and light industrial space. Many of the buildings will be five or six stories tall. There are plans for a hotel and conference center. At the core of the district will be a District Hall with walkways to connect to Memorial Mall. Demolition of old structures began in January, 2017. One of the first buildings will be Innovation Place Apartments with eight hundred units. To learn more about land development, partnership and research collaboration opportunities, contact Jeff Kanable, jlkanable@prf.org


GUESTS:
Michelle Russell, guest of TIM LUZADER; Michael and Hazel Wetzstein, guests of SANGITA HANDA

THANKS TO THOSE WHO HELP WITH
MEETING FUNCTIONS:
Greeters: RHONDA OVERMAN and
JACK KELLEY
Money Takers: CHRIS JOHANNSEN and
CHRISTA KECK
Invocation: BOB VERPLANK
Help with attendance and facilitating a smooth meeting: JO WADE,  Webmaster:  LARRY HUGGINS.


THOUGHT FOR THE DAY:
From Jim Rohn:  “If you are not willing to risk the usual, you will have to settle for the ordinary.”

THANK YOU RECEIVED:
From Tyson Scheumann:  “Thank you for the Rotary Club Scholarship and Citizenship Award.  I was extremely humbled to receive this award in the company of other fine award winners.  The award will be used to help cover my tuition in the fall when I attend Purdue University as a student-athlete playing baseball.  The award will allow me to focus on my studies and my responsibilities to the baseball team without having to work a part-time job during the school year.  Thank you!”