Bloomington’s Trades District technology center takes small step forward

At its Monday meeting, Bloomington’s redevelopment commission (RDC) gave a green light to the next incremental step in the construction of a technology center north of Bloomington’s city hall building, in the Trades District.

The Trades District is a certified technology park.

What the RDC approved was a revision to the project review form for a roughly $5.5-million technology center.

The center is expected to break ground in mid-2022 and be open in early- to mid-2024, according to Bloomington director of economic and sustainable development Alex Crowley.

The timing depends in part on some back-and-forth the city is having with the federal Economic Development administration (EDA), in connection with a $3.5 million grant awarded by the EDA for the center, Crowley wrote in a late-December email to The B Square.

Wednesday’s project form revision spells out $500,000 as the amount planned for the design services for the project. The firm that has done the initial conceptual and preliminary designs is Axis Architecture + Interiors. Continue reading “Bloomington’s Trades District technology center takes small step forward”

Lower grant award from feds sends Bloomington back to drawing board for tech center

In December 2020, Bloomington’s economic and sustainability department heard from the federal Economic Development Administration (EDA) that it would likely be receiving a $3.53 million grant to support the construction of a technology center in the Trades District.

The city has been collaborating with the Bloomington Economic Development Corporation on the technology center, which would be built at Maker Way and Madison Street, north of city hall in downtown Bloomington.

But the likely grant award, which was described to the city in a “merits further consideration” letter from the EDA letter dated Dec. 18, fell $2.3 million short of the $5.83 million the city had requested in its grant application submitted in the fall.

That means the city will now be asking the architect on the project, Axis Architecture + Interiors, to redesign a smaller building, to lower the project cost.

To get authorization for the $29,970 in extra architect fees, Bloomington’s director of economic and sustainable development, Alex Crowley appeared before the city’s redevelopment commission (RDC) on Tuesday. The five-member commission unanimously approved the revised project totals.

The proposed technology center is in the RDC’s bailiwick for a couple of reasons. The RDC is contributing $2 million to the project, which will cover the local match for the federal money, through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

If the EDA is satisfied that the city’s resubmitted, downscaled proposal can still achieve the goals of the technology center, it means that the city will be receiving $3.53 million in federal money to go along with its own $2 million investment. Continue reading “Lower grant award from feds sends Bloomington back to drawing board for tech center”