Ivy Tech Automotive Training Center

Indianapolis,
IN
(2020)

Ivy Tech Automotive Training Center

Adult Education, College or Vocational Training, Community, Vocational Training

The project is a $16.1MM, 56,925 sq. ft. educational facility designed to provide in-demand automotive, mechanic, and other technical training in Indianapolis, Indiana.

Investment

NMTC Amount: $15,500,000
Total Project Cost: $16,180,000

IMPACT

18 FTE jobs
26 construction jobs
The workforce training program will have 640 students annually
56,925 sq. ft. of real estate

CDEs

Cinnaire New Markets, Indianapolis Redevelopment CDE, PNC

Investor

PNC

Project Description

The project is a $16.1MM, 56,925 sq. ft. educational facility designed to provide in-demand automotive, mechanic, and other technical training in Indianapolis, Indiana. Central Indiana lacks an adequate pipeline of qualified and experienced automotive, diesel, and motorsports industry workers. The project addresses this need, providing a pathway out of poverty for Ivy Tech Automotive Program graduates through the competitive advantage in the workforce offered by the latest in instructional delivery methods and technologies. The project is a part of the city’s larger effort to redevelop the Lafayette Square Area (LSA), it’s first enclosed mall built in 1968 and now sits largely vacant due to obsolete space, deteriorating improvements and a perception of crime. The area has now been branded as the International Marketplace as it revives.

MAP

Address: 4751 Century Plaza Road, Indianapolis, IN 46254

Census Tract: 18097310306

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