Bloomington: Trades District Development & News

Started by NextDoorNeighbor, Nov 30, 2023, 08:43 PM

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$8M in construction bids awarded for Bloomington technology center, more to come

Ahead of the scheduled ceremonial groundbreaking on Thursday, about $8 million in construction contracts have been awarded to build a technology center in Bloomington's Trades District, which is part of a certified technology park in the downtown.

It was Bloomington's redevelopment commission (RDC) that approved the construction contracts, at its regular meeting on Monday. At a special meeting last Wednesday, the RDC had approved an extra $3.8 million in funding for the center, which now has a budget of  about $12.8 million.

Wednesday's special meeting had already been put on the calendar, before the opening of bids last Tuesday, in case the bids came in higher than budgeted, and they did.

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Bloomington tech center to be named 'The Forge'

Bloomington not-for-profit business accelerator The Mill has announced that the city's new tech center will be named "The Forge," paying homage to manufacturing and the collaboration to be had there.

The facility is currently under construction after ground was broken in October.

"In its modern context, the name signifies the cultivation of relationships within the realms of commerce, whether between businesses and enterprises, commerce and education and/or technology and production," Executive Director Pat East said in his monthly newsletter Thursday.

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