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Old Studebaker Factory Revived for Modern Businesses

Monday, August 03, 2015

he Union Station Technology Center (USTC), one of the largest data centers in Indiana, has announced plans to partner with Strongbox Commercial, the development arm of the Paul Kite Company, to lead the redevelopment of the former Studebaker corridor in the Renaissance District of South Bend.

Located on the southwest edge of downtown, the district is expected to become part of a mixed-use campus consisting of more than one million square feet of Class A office, education, technology, research grade manufacturing, data center and live-work spaces.

Developers are hoping to have the first clients moving in by this fall.

According to a press release from USTC Vice President Shawn Peterson, USTC entered into a public-private agreement with the city of South Bend in 2013 to develop the former Studebaker corridor into a business, research, data, education and residential complex. The hope is to provide a technology platform to enable a new wave of data and technology companies to thrive in South Bend.

Paul W. Kite, founder and managing director of the Paul Kite Company, said he applauded the community for its foresight in creating a “district that leverages South Bend’s robust technology infrastructure... It provides a clear opportunity to generate economic growth in the region.”

The Renaissance District has already attracted more than $12 million in private investment and generated more than 50 new jobs. 

In an interview last month with Inside INdiana BusinessUSTC founder Kevin Smith said if all stages of planning pan out, investment in the project could total "hundreds of millions of dollars."

Union Station Technology Center
574.472.0750
www.ustechcenter.com

Studebaker