INDIANAPOLIS — Purdue University officials are weighing an expansion of a three-year-old technology park in Indianapolis as occupancy numbers climb.
The Purdue Research Park Indianapolis near the Indianapolis International Airport is nearing 85 percent occupancy after struggling to fill space for the first two years after it opened in 2009.
The Indianapolis Business Journal reports (http://bit.ly/L717td ) that interest in the park intensified last fall. It now has 21 tenants and less than 9,000 square feet available in the 55,000-square-foot park.
Purdue Research Foundation chief operating officer Joseph Hornett says officials are considering expanding but aren't sure when they'll move forward because they have already been hit by the struggling economy once.
He says the long-term plan is to have multiple incubator buildings at the site.