There was a lot of “new” in our 2019 year at the Growth Alliance, adding more success stories to Evansville’s economic acceleration.
The continued partnership between Vanderburgh County, the Evansville Industrial Foundation and Woodward Development Group brought another shell building to the region – and a new manufacturing operation bringing over $11 million in capital investment as well as new jobs. The success of the shell program in bringing new investment to the County prompted the partners to break ground on two more shell buildings to market in 2020.
The City also welcomed the expansion of Atlas World Group in bringing its international division to Evansville where the company is proudly headquartered. The Growth Alliance’s proactive Business Retention and Outreach (BRE) efforts uncovered numerous other expansions underway throughout the County indicating continued strong economic growth for the region.
As for Innovation Pointe, there was a whole lot of new going on! We had a graduation of one of our startup tenants – Envolve Engineering who outgrew their space and remodeled a vacant downtown building for their next stage of growth. We welcomed several new tenants to the building in varied fields, bringing Innovation Pointe to 100% occupancy.
New Cowork Evansville members continued to stream in, bringing our total to 90 entrepreneurs and remote workers enjoying the facilities, resources, and collaboration that Innovation Pointe has to offer. The Growth Alliance also welcomed two new employees, Stephanie El Tawil and Bianca Garcia to our staff to accelerate the growth of CoWork utilization and the connections and collisions that make it more than just cost-effective space. Stephanie is also charged with bringing the Maker/ IoT space at Innovation Pointe to life, which is off to a great start.
We hope you enjoy reading more about these successes for our region in this annual report and follow our progress into 2020 on our newly revamped website.
Onward and Upward!