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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

TechPoint Indiana
Innovation Grove Reaches Construction Milestone
TechPoint article on Innovation Grove topping-out ceremony, February 2026. $102M district, first phase Rose-Hulman Ventures building (35K sq ft), completion December 2026.
Read on TechPoint Indiana
