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INDIANAPOLIS REGIONAL CENTER PLAN 2020
PLANNING DOWNTOWN’S FUTURE TODAY
WORKING DOWNTOWN
9. HEALTH AND LIFE SCIENCES
BioCrossroads- Central Indiana Life Science
Network will be attracting health and life sciences
development to the Regional Center. As part of
this initiative, it is recommended that a focus be
placed on the role of research and education.
GOAL 9.A
Attract employment in the life sciences.
OBJECTIVES
Preparation Implement the formation of
capital and site preparation.
Incubators Promote business incubators
and joint ventures to encourage the creation
of new businesses in the life sciences.
Transit Loop Create a transit loop in the
Stadium Drive area/historic Central Canal
terminus to service University facilities,
life science research facilities and their
personnel.
Lifelong Learning Develop urban model of
lifelong learning.
GOAL 9.B
Focus on education's role in relation to new
initiatives.
OBJECTIVES
Cooperation Foster cooperation between
higher education institutions, non-profit
organizations and the business community.
Patent Incentives Create economic
incentives for University faculty to develop
businesses and patents.
Lifelong Learning Develop urban model of
lifelong learning.
Development Plans Ensure that institutions
of higher education have the resources
available to meet the needs of emerging
businesses.
Education Incentives Develop financial
incentives for attending Indiana's higher
education institutions.
Student Housing Encourage the
development of student housing.
See page 82 for projects and programs related to
the topic of heath and life sciences.
MAP W-1 LEGEND
Health Services
Business Services
Finance-Insurance-Real Estate
Retail Trade
Mining
Agriculture
Other Services
Education Services
Wholesale Trade
Transportation
Manufacturing
Construction
Government
This map divides the Regional Center into eight districts to
describe the geographic distribution of employment activity.
As can be seen, manufacturing employment is predominant
in the southern and eastern ring of the Regional Center,
while service employment tends to dominate the other
districts. Health and education employment is highest in the
Indiana Avenue District. Finance, insurance and real estate
employment comprise a significant portion of the Core
District’s employment pattern. Government employment is
also highest in the Core District.
Source: Claritas, Inc. 2003.
*WIA Planning Region 8 includes the counties of Boone, Hamilton, Hancock, Hendricks, Johnson, Marion, Morgan and Shelby. Bold
text indicates an increase greater than the annual growth rate. Source: Department of Workforce Development, State of Indiana
Long-Term Occupation Projections*
Workforce Investment Act (WIA) Planning Region 8
Job Title
1998
Employment
2008
Employment
Annual
Growth Rate
Annual Avg.
New Jobs
Annual Avg.
Replacement
Jobs
Annual
Avg. Total
Openings
TOTAL
835,150
973,560
1.66%
13,852
20,010
33,860
Executive, Admin, Managerial
53,030
61,910
1.67%
890
930
1,820
Professional Specialty
154,070
189,310
2.29%
3,520
2,990
6,520
Marketing & Sales
113,240
131,110
1.58%
1,790
3,190
4,980
Admin Support & Clerical
138,560
152,320
0.99%
1,380
2,870
4,240
Service
130,550
148,940
1.41%
1,840
4,310
6,150
Agriculture/Forestry/Fishing
9,190
11,340
2.34%
220
240
460
Precision Prod/Craft/Repair
97,470
114,870
1.79%
1,740
2,300
4,040
Operators/Fabricators/Laborers
139,040
163,760
1.78%
2,472
3,180
5,650
Category
Daytime Workers Percent of Total
Retail Trade
9,715
8
Finance, Insurance,
Real Estate
11,230
9
Business Services
11,359
9
Education Services
16,390
13
Health Services
12,178
10
Other Services
21,580
17
Agriculture
104
0
Mining
1
0
Construction
1,642
1
Manufacturing
21,537
17
Transportation
6,268
5
Wholesale Trade
2,287
2
Government
13,044
10
Total
127,335
100
OtherServices
17%
Construction
1%
Mining
0%
Education
Services
13%
HealthServices
10%
BusinessServices
9%
Finance,
Insurance,Real
Estate
9%
RetailTrade
8%
Manufacturing
17%
Agriculture
0%
WholesaleTrade
2%
Government
10%
Transportation
5%
Source: Claritas, Inc. 2003.
2003 EMPLOYMENT
