Lilly Endowment pledges $40M for Purdue technology, engineering complex

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00
Purdue gateway complex
A concept rendering for Purdue University's Engineering and Polytechnic Gateway Complex. (Image courtesy of Purdue University)

Indianapolis-based Lilly Endowment Inc. has pledged a $40 million grant to Purdue University to help fund a $140 million complex devoted to the study of technology, engineering and manufacturing, according to an announcement from the school Tuesday.

The project, named the Engineering and Polytechnic Gateway Complex, will include two buildings with 225,000 square feet of space on Purdue’s West Lafayette campus. It’s intended to be an interdisciplinary hub that connects project-based instructional laboratories, design studios and other collaborative spaces.

The complex also will have a component that connects Indiana employers with faculty researchers and students who could serve as future interns or employees.

“This latest Lilly Endowment grant will enable Purdue to graduate more STEM professionals and help them build careers with Indiana businesses,” Purdue President Mitch Daniels said in a media release.

Construction of the Gateway Complex is expected to begin in spring 2020 and be completed in fall 2022. It will be built on the site of the current Nuclear Engineering Building and Michael Golden Labs.

In addition to the grant from the Lilly Endowment, the project is being supported by $60 million in state funding. Purdue expects to raise the remaining $40 million from private contributions.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In