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Innovation DistrictNo equityVerified

Innovation Grove

Also known as: Innovation Grove District

Rose-Hulman Institute of Technology · Terre Haute, Indiana

Quick fit check

  • No equity required
  • Currently active
  • Verified by research

Key numbers

Funding range

Equity

None

Application

Closed

Institution Wide

Last activity

2026-07-13

High confidence

Summary

Innovation Grove is a $102.3 million innovation district being developed by Rose-Hulman Institute of Technology in partnership with Union Health and the Indiana Orthopedic Institute. Construction began in late 2024, with the first phase (Rose-Hulman Ventures building, 35,000 sq ft) reaching its topping-out milestone in February 2026 and scheduled for completion in December 2026. The district will also include a 40,000 sq ft surgical center, 5-megawatt solar farm, STEM/robotics education facilities, Sawmill Society spaces, and Innovation Trails. Backed by Lilly Endowment, EDA, READI, and ARPA funding.

Key Details

  • $102.3M total investment
  • Construction started: October 2024
  • Phase 1 completion: December 2026
  • Partners: Rose-Hulman, Union Health, Indiana Orthopedic Institute
  • Rose-Hulman Ventures building: 35,000 sq ft, geothermal, all-electric
  • Surgical Center: 40,000 sq ft (hip and knee replacements)
  • 5-megawatt solar farm
  • Innovation Trails connecting to Wabash Valley trail system
  • STEM and robotics education with Vigo County School Corp
  • President Robert A. Coons; support from U.S. Senator Todd Young

Funding

  • Lilly Endowment
  • EDA (Economic Development Administration)
  • READI (Regional Economic Acceleration and Development Initiative)
  • ARPA (American Rescue Plan Act)

News & articles

News articles and official sources documenting Innovation Grove at Rose-Hulman Institute of Technology.

1 source