Industrial re-development for Lafayette and Tippecanoe County just got a big boost with the purchase of $8.6 million in prime real estate between I-65 and Newcastle Road. The 339-acre parcel of farmland is directly across Indiana 38 from the Subaru of Indiana Automotive (SIA) plant.
For a dozen years, the City of Lafayette had been trying to broker this deal to secure “the future for our industrial development,” says Mayor Tony Roswarski.
“Getting this piece of property now is a huge victory for us,” Roswarski says. “We think the excellent location, the ability for rail service and utilities, and being in such close proximity to the interstate, it can really be a big part of our future. Already, we’ve had six or seven inquiries from companies interested in the site.”
Mayor Roswarski adds that potential jobs on these 300 acres could easily total in the thousands.
“Acquiring this property is key to recruiting new industry and economic development to the area,” notes Jody Hamilton, external affairs director for Tipmont REMC. “It’s a linchpin for future job growth — both for the City of Lafayette and Tippecanoe County. It’s no coincidence Tipmont’s and Wintek’s growth here mirrors the very strong overall growth in Tippecanoe County over the past decade.”
Future job growth in Tippecanoe County is predicted to be 37.1% over the next 10 years, higher than the U.S. average of 33.5%.
Jody Hamilton is Tipmont’s External Affairs Director. She joined Tipmont REMC in 2020.
Jody has an associate’s degree in Business Administration and a Human Resource Certificate from Ivy Tech Community College. She is also certified in Economic Development through the University of Oklahoma. Jody supports the community in which she lives by serving on the Tippecanoe County Council for District 2. She also owns a small business called Hamilton Creative Concrete with her husband. What Jody loves doing the most is enjoying life and adventures with her husband and two children.