16 Tech is an innovation district emerging on the northwestern edge of downtown Indianapolis. By 2030, the live-work-innovate community will have generated 3,000 jobs and invested $3 million to support resident-led projects in surrounding neighborhoods. Located in the historic Riverside neighborhood, between Indiana Avenue and the White River, 16 Tech is a 50-acre district where corporations, researchers, entrepreneurs, and innovators will converge to leverage their varied skill sets and resources.

In 2017, the Richard M. Fairbanks Foundation awarded a $2 million grant to support the innovation district’s start-up costs. In addition to the global corporations already headquartered in the district, 16 Tech has opened fully leased office space, an innovation hub, and the AMP, an artisan marketplace and food hall featuring new and established local offerings. It will also be home to additional office space, research labs, walking and biking paths, green space, and residential space.

16 Tech is focused on contributing to sustainable, equitable economic growth that includes neighbors, especially those who have been a part of the communities near 16 Tech for generations. 16 Tech prioritizes building relationships with residents and business owners in the surrounding community, while focusing on creating access and opportunity in the district. In 2020, the 16 Tech Community Investment Fund awarded $1 million to organizations focused on workforce training, business support, education, neighborhood capacity building, and infrastructure and beautification.

(*Portions of the video provided by 16 Tech Community Corporation/Aaron Milbourn)

Additional Posts

School-based prevention works, but choose your program wisely

Alex Cohen is the Director of Learning and Evaluation for the Richard M. Fairbanks Foundation. As opioids and tobacco continue to claim Hoosier lives, many are looking toward K-12 school-based prevention programs to stem the tide. One of the most well-known prevention programs is Drug Abuse Resistance Education, or D.A.R.E. At its height, D.A.R.E. was […]

The FDA Plans to Limit Nicotine in Cigarettes—Will That Lower Smoking Rates?

Alex Cohen is the Director of Learning and Evaluation for the Richard M. Fairbanks Foundation. The dangers of smoking are well-known. Smokers are more likely to die from lung cancer, heart disease, lung disease and other deadly illnesses, not to mention the health risks caused by secondhand smoke exposure or the impacts to newborns caused […]