IAA Advances Development of IND Aerotropolis Through Lease Agreement with Ivy Tech Community College – Ivy Tech Instructional Site to be Cornerstone of Logistics Center of Excellence

INDIANAPOLIS – The Indianapolis Airport Authority (IAA) and Ivy Tech Community College today announced a lease agreement under which Ivy Tech will launch its newest location, “Ivy Tech at IND Aerotropolis,” on IAA property near the Indianapolis International Airport (IND). Ivy Tech will lease space in one of the buildings formerly occupied by ATA, with options to lease additional space as buildings become available.

The new building contains 19,615 square feet, and some renovations will be required to make the space more appropriate for classrooms and labs. Current plans call for the building to have eight classrooms, a wet lab, two computer labs, and administrative space. The Ivy Tech facility will be the first tenant in the Logistics Center of Excellence, a key feature of the airport’s land-use plan to support IND Aerotropolis. Ivy Tech will begin offering classes in spring 2012, starting with general education courses and followed by logistical and business courses in the summer and fall of 2012.

An Aerotropolis is an “airport city” in which a collaborative, multimodal approach is leveraged to maximize the ability of an airport to foster economic growth and infrastructure development throughout its surrounding region. In addition to its core air transportation missions, IND Aerotropolis focuses on logistics and distribution hubs, which enjoy numerous synergies thanks to IND’s status as a global air cargo hub and its proximity to trucking and rail lines. Since both the borders and benefits of an aerotropolis extend well beyond an airport’s property, a proactive and cooperative model is essential, and the IAA has been seeking and forging non-binding memorandums of understanding (MOUs) with key stakeholders in the airport’s neighboring communities with the goal of achieving additional strategic partnerships in the future.

The IAA’s Logistics Center of Excellence is a concept identified in the IND airport’s land-use study that can help match the skills of the future workforce to the specialized needs of IND Aerotropolis through a technology and research center complementary to adjacent logistics and transportation hubs. Ivy Tech at IND Aerotropolis will be a key component of this environment.

“Over the past 30 years, the IAA took a strategic and creative approach to managing our assets, making Indianapolis home to one of the world’s most acclaimed passenger terminals and largest cargo facilities,” said John D. Clark III, executive director and CEO for the IAA. “This has positioned us for success during the next 30 years as well, a period in which IND Aerotropolis will represent the way forward through innovative, forward-thinking partnerships such as the one we have reached with Ivy Tech.”

“There are many entities throughout our community who have a stake in our airport system’s success,” he continued. “As we consider its vast potential, we must be mindful that IND Aerotropolis is not solely an airport endeavor but a multi-faceted initiative that depends on creative partnerships in many sectors, public and private. Through this approach, we can maximize the economic impact of the airport while ensuring compatible and mutually beneficial land use for decades to come.”

“Ivy Tech is excited to be a part of this collaborative effort,” said Dr. Kaye Walter, chancellor for the Central Indiana region of Ivy Tech Community College. “As the state’s primary provider for workforce training and development, the Aerotropolis site provides an opportunity for Ivy Tech to extend opportunities to the business community for cost effective training for their employees, ensuring that Indianapolis and the state of Indiana will continue to thrive and compete in this ever changing global economy.”

“As part of its function as a hub for economic development, Aerotropolis helps to foster the creation of highly skilled jobs for our workforce. Its partnership with Ivy Tech is a key component of our efforts to stay competitive globally and continue to be an attractive city for companies to do business and expand,” said Mayor Greg Ballard. “Aerotropolis presents a unique setting for Ivy Tech’s programs and for companies throughout greater Indianapolis seeking training and education for their employees.”

About Ivy Tech Community College
Ivy Tech Community College is the state’s largest public postsecondary institution and the nation’s largest singly accredited statewide community college system serving nearly 200,000 students annually. Ivy Tech has campuses throughout Indiana. It serves as the state’s engine of workforce development, offering affordable degree programs and training that are aligned with the needs of its community along with courses and programs that transfer to other colleges and universities in Indiana. It is accredited by the Higher Learning Commission and a member of the North Central Association.

 

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