Novaparke nearing first phase completion
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A $10 million business park in Floyd County will soon begin operations. The News and Tribune reports officials with the Novaparke Innovation & Technology Campus plan to open the first two buildings for startups in early spring.
The campus sits on 60 acres near I-64 in Edwardsville and has more than a dozen lots for additional facilities.
Crews are currently working to complete infrastructure projects at the site, including an overpass that will go over a railroad and serve as the entrance to the business park, according to the publication.
Floyd County Director of Operations Don Lopp told the News and Tribune the first two buildings, including the Whistle Stop Inn, are nearly complete.
The historic inn will house a 2,000-square-foot coworking space called The Root that will serve as a business incubator. Both buildings will have small business office space and flexible classroom space that could be used by small business tenants.
Indiana University Southeast will also have a presence at the park, particularly as the second phase of the project is completed. The university will operate two additional buildings, which will be redeveloped into wet and dry lab space for use by its Natural Science Department and the public.
“We just concluded a meeting with representatives from IUS regarding the lab space needs, so we hope to have those buildings designed and hopefully have those out to bid in the June time frame,” Lopp said.
You can read the full story from the News and Tribune by clicking here.