

WHERE INNOVATION & COMMUNITY CONVERGE






Innovation rarely happens by accident. It happens by intentional design—when we connect people, ideas, and resources to accelerate progress.
That belief guides 16 Tech.
Four years after opening, more than 300 organizations now call 16 Tech home, and 1,200 people work in the district. We welcome more than 300,000 visits and 450 events each year.
These numbers point to a larger story—16 Tech is a thriving ecosystem where innovation and community converge. From July 2024 through 2025, we celebrated milestones that add to the momentum:
• Indiana University and the U.S. Economic Development Administration announced major investments in facilities for translational research and workforce training;
• The 16 Tech Bridge opened, completing the second phase of infrastructure and directly connecting the district and our surrounding neighborhoods to downtown;
• The Vanguard apartments debuted, activating the district’s “work-live-play” component;
• And new experiential learning and entrepreneurship programs resulted in 700 connections between students, entrepreneurs, and industry—ensuring creative collisions aren’t left to chance.
The same intentionality that fuels innovation will build a resilient economy. The future depends on cross-cutting technologies like artificial intelligence, data analytics, and additive manufacturing that are being developed in 16 Tech today.
With 70 percent of 16 Tech remaining to be developed, there is even greater opportunity ahead. 16 Tech is prime for the next generation of startups and collaborations that will define our future.
As we look ahead, we do so with gratitude for the partners who believe in our vision. Together, let’s build a future where innovation connects everyone.
With Gratitude, Dear Friends,

Emily Krueger President & CEO, 16 Tech Community Corporation
16 TECH IS A VIBRANT & GROWING 50-ACRE INNOVATION DISTRICT.

$165 MILLION of active development to support the life sciences ecosystem
$93 MILLION INFRASTRUCTURE PROJECTS COMPLETE OR IN PROGRESS
280,000 SQUARE FEET OF INNOVATION SPACE
286 RESIDENTIAL UNITS
8 PARCELS AVAILABLE FOR DEVELOPMENT
As steward of the district, 16 Tech Community Corporation continues to advance a place-based strategy that brings people together to create lasting economic and social impact. At 16 Tech, ideas become innovations, and innovations transform our community.
300+ COMPANIES AND ORGANIZATIONS
300,000+ DISTRICT VISITS ANNUALLY 40,000+ ANNUAL EVENT ATTENDEES
20
RESTAURANTS & RETAILERS IN THE AMP FOOD HALL & MARKETPLACE

The AMP boasts 100% local vendors, 50% of which are new business concepts.
1,200+ PEOPLE WORKING IN THE DISTRICT
440+ COWORKING & MACHYNE MEMBERS 450 EVENTS ANNUALLY
$2.2 MILLION COMMUNITY INVESTMENT FUND GRANTS AWARDED SINCE 2019

Machyne Makerspace offers more than 35 stationary tools for prototyping.

Program Highlights
700+
TOTAL PROGRAM ATTENDEES
500+
STUDENTS CONNECTED TO CAREER PATHWAYS ANNUALLY 200+
FOUNDERS AND SMALL BUSINESSES CONNECTED TO ENTREPRENEURIAL SUPPORT
35 NEW MARION COUNTY RESIDENTS THROUGH MAKE MY MOVE
Location Highlights
.2 MILES FROM IU INDIANAPOLIS AND PURDUE IN INDIANAPOLIS
13.5 MILES OF DOWNTOWN TRAIL CONNECTIONS
12.5 MILES FROM “BEST AIRPORT IN NORTH AMERICA”
Ecosystem Highlights
N o. 1 IN PHARMACEUTICAL NATIONAL EXPORTS
N o. 1 MOST MANUFACTURING-INTENSIVE STATE IN THE U.S.
N o. 3
STARTUP CITY IN THE NATION (2025 BEST OF THE MIDWEST: STARTUP CITIES)



Innovation Hub
HqO is home to flexible and private office space and the Machyne Makerspace. Boasting 17 conference rooms, a podcast studio and coffee bars, HqO members include startups, university partners, venture and social impact groups.

Emerging Manufacturing Collaboration Center (EMC2)
A 60,000 sq. ft. manufacturing facility that serves as a platform for manufacturing research and development. Focused on technology insertion and adoption. EMC2 boasts one of the only GE Jet Binder printers available for commercial use.

The AMP
Food Hall + Marketplace
The AMP boasts 100% local culinary and retail concepts, from emerging brands to established shops. This year, a new bar, SipEasy, and a gift store, Gifts Galore, opened their doors.

Vanguard at 16 Tech
Opened 2025, the Vanguard offers 286 living spaces in the ideal live-work-play neighborhood.

Innovation Building 1
A state-of-the-art building that boasts office space, shared wet labs and a drug discovery lab. Home to the Indiana Biosciences Research Institute, Central Indiana Corporate Partnership and its initiatives, and the IU School of Medicine.


Parking Garage
Cook Medical fuels medical innovation by inventing, manufacturing, and delivering a unique portfolio of medical devices to the healthcare systems of the world. The Indianapolis facility creates opportunities for collaboration and is home to Sexton Biotechnologies
The 16 Tech parking garage offers convenient, covered onsite access for tenants and visitors, making it easy to connect, collaborate and explore the district.

16 Tech Bridge
Opened 2025, the multimodal bridge offers connection for pedestrians, cyclists and drivers, strengthening access to 16 Tech and the regional trail network.
Cook Medical
ADVANCING INDIANA’S KEY INDUSTRIES
The economy of the future will be built on cross-cutting technologies that bolster innovation. 16 Tech is intentionally resourced with the programs and partners to foster the tech-enablement of the life sciences and manufacturing industries core to Indiana’s economy.
Life Sciences & Biotech
16 Tech stands at the forefront of human health innovation, connecting world-class researchers, state-of-the-art facilities, and entrepreneurs focused on tackling complex diseases.
In The District:












Advanced Manufacturing & Hard Tech
By offering access to prototyping, design and fabrication equipment, 16 Tech extends the runway of capital intensive startups and industries.
In The District:








“16 Tech is the ideal community for entrepreneurs, startups, academics and corporations to come together to solve problems.” — Dr. Michael Mirro, Parkview Mirro Center for Research and Innovation,
located in HQO

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JeffreyJaworek
EARLY IS GOOD, IBRI
Thakshila Liyanage, PhD, is CEO and founder of Early Is Good, a company developing non-invasive, multi-omic based tests to improve the accuracy and accessibility of cancer detection. By analyzing DNA, RNA, proteins and metabolites in a single test, Early is Good helps find disease earlier. Early is Good is also developing with Mayo Clinic to create a prostate cancer test.
SINUSAUNA, HQO INNOVATION HUB
Supported by Boomerang Ventures, Respiratory Health Technologies (RHT) is led by Chief Executive Officer Nancy Wright. The company designs innovative respiratory wellness devices like SinuSauna, which was developed in partnership with two IU School of Medicine residents. SinuSauna uses heated dry air to relieve congestion without medication and is the first product to move from concept to market in 16 Tech.
LUSON BIOVENTURES, IBRI
Founded by Derek Small, Luson Bioventures is a neuroscience-focused investment firm that has launched multiple biotech companies, including Monument Biosciences. Small has teamed up with with IU School of Medicine researchers to develop next-generation Alzheimer’s treatments.
ADIPO THERAPEUTICS, IBRI
CEO Karen Wurster leads Adipo Therapeutics, founded by Purdue professor Meng Deng. Adipio Therapeutics advances the treatment of obesity and related metabolic diseases by capitalizing on the untapped potential of brown fat to increase energy expenditure and deliver metabolic benefits.
FITASY, MACHYNE MAKERSPACE
Co-founded by MIT alumnus Yujun Wang, Fitasy pioneers sustainable, zero-waste footwear through AI-powered precision design, ensuring every pair is made-to-order. The company merges technology, style, and environmental responsibility to deliver customized comfort while eliminating overproduction and landfill waste.
PURDUE MANUFACTURING & MATERIALS RESEARCH LABORATORIES (MMRL), MACHYNE MAKERSPACE
Purdue MMRL connects research and industry to advance additive manufacturing, digital engineering and sustainable production. Through hands-on training and applied research, MMRL fuels Indiana’s Hard Tech Corridor through 16 Tech with technologies and skilled talent. Managing Director Jeffrey Jaworek leads the effort to bridge innovation and impact across the state’s manufacturing ecosystem.

BUILT FOR INNOVATION
Indiana’s reputation as rapidly emerging as a national leader in biotechnology and biomanufacturing is supported by two transformative projects in 16 Tech that promise to reshape the region’s economic landscape and strengthen America’s bioscience capabilities. Collectively, the IU Launch Accelerator for Biosciences (IU LAB) and the Heartland Bioworks headquarters are bringing more than $165M investment in facilities dedicated to translational resource and training to 16 Tech in 2027.

The IU LAB, backed by a $138 million Lilly Endowment Inc. grant, is a first-of-its-kind academic-industry initiative translating research into health solutions. In its inaugural year, IU LAB launched its Bio Startup Center, including the IU Health Incubator which features a pre-accelerator powered by gener8tor and a LifeTech Accelerator powered by Plug and Play, Central Indiana Corporate Partnership, and Biocrossroads.
AT THE EPICENTER OF HUMAN HEALTH
“Indiana University is launching an initiative so transformative that it will change the very landscape of our capital city and state.”

Breaking ground in October 2025, the building will integrate five components: an Academic “Indiana University is launching an initiative so transformative that it will change the very landscape of our capital city and state.” Pamela Whitten IU President Gateway for education and credentialing, a Futures Center for exploration, a Bio Start-up Center for commercialization, a P3 Center for partnership, and a Joint Center of Excellence in biomarkers and precision medicine. These will be powered by six shared research cores in Microelectronics/Sensors/Imaging, Basic Biology, AI/ML & Data Science, Advanced & Sustainable Chemistry, Translational Biomarker, and AnalytiXIN Genomics. IU LAB focuses on diabetes & obesity, neuroscience, rare diseases, cancer, and tissue engineering & regenerative medicine.
Complementing IU LAB is the Heartland BioWorks HQ, a ~20,000 square foot demonstration and training facility also opening in 2027. It will provide classroom and hands-on educational experiences for workforce development and upskilling, while serving as the BioWorks Consortium headquarters. Heartland BioWorks, including the headquarters project, is funded by the U.S. Economic Development Administration as part of its Regional Tech Hubs Program.
Pamela Whitten IU President










BRIDGING CONNECTIONS
“ A place where legacy and innovation come together in a bold symbol of what is possible when a city chooses to design with—and not around—the people who use it most. ”

Osili President
In April 2025, 16 Tech welcomed more than 400 civic leaders and community members to celebrate the opening of the 16 Tech bridge. To highlight the bridge’s multimodal and community led design features, attendees cheered on an Indy 500 Pace Car driven by Indy NXT driver Miles Rowe, the Riverside Riders local cycling group, and students and faculty from Indiana University Indianapolis and Purdue University in Indianapolis led by Sampson Levingston of Through2Eyes as the first to officially cross the bridge.
The bridge completes the second phase of infrastructure for the district and connects 16 Tech and its surrounding neighborhoods to downtown medical/research corridor, as well as three accessible downtown trails, the Cultural Trail, Urban, the Wilderness Trail, and the White River Trails.
By linking the district directly with the hospitals on 10th Street along with the IU School of Medicine and the campuses of IU Indianapolis and Purdue in Indianapolis, the 16 Tech bridge strengthens opportunities for collaboration, entrepreneurship and community.
FAST FACTS
$30M BRIDGE DESIGN AND CONSTRUCTION
50% DEDICATED TO PEDESTRIANS & CYCLISTS
342 FEET LONG
BRIDGE DESIGN TEAM: Circle Design Group • CTL Engineering • Moniteurs Communication Design, Martha Schwartz Partners (MSP) • People for Urban Progress (PUP) • Practice for Architecture and Urbanism (PAU) • Schlaich Bergermann Partner (SBP) • Shrewsberry & Associates • Synnov Group
CONSTRUCTION TEAM: JS Held • Kokosing • Nubian
Vop
of the Indianapolis City-County Council

POWERING POTENTIAL
In 2024–2025, 16 Tech launched its first full season of experiential learning programs, emphasizing long-term impact through early access to career opportunities. Through these programs, 16 Tech provides middle school, high school and postsecondary students with career exposure through a strong partner network of professionals, companies and industries.

500 students connected to career pathways
INSPIRING TALENT
THROUGH NEW EXPERIENTIAL LEARNING PROGRAMS
More than 500 students engaged in programming that blended hands-on learning with direct exposure to advanced industries, building confidence through immersive experiences. Through the I Can Be That series, students explored career pathways at three events focused on the life sciences/healthcare, advanced manufacturing and sports/girl empowerment in partnership with the WBNA. One student shared that “[The program] made me realize, no matter where you come from, you can have success.”
“Our teens walked away knowing they didn’t just have potential, they had a place in Indy’s innovation story... It’s one thing to tell students they belong in professional spaces. It’s another for them to experience it firsthand at 16 Tech.”

Jason Nguyen Director of Pro Contact TeenWorks
With support from Comcast’s ProjectUP grant, 16 Tech also supported seniors from George Washington High School participated in an onsite semester-long class, exploring manufacturing through a VR series in partnership Learning Time VR and stress-reducing tech with Peak Mind. In addition, 16 Tech partnered with TeenWorks to host three distinct cohorts in the district, including the Teenworks PRO Program where students interned with startups and a Culinary Bootcamp that introduced entrepreneurial thinking through real restaurant operations. 16 Tech connected with local leaders like artist Gary Gee who introduced students to creative entrepreneurship and the Urban Youth Entrepreneur Academy offered career exposure to innovation careers.
Through these programs, 16 Tech is demonstrating what real talent pipelines look like. A place where talent meets opportunity, and where careers begin before diplomas are in hand.
FOUNDERS START STRONG WITH 16 TECH’S MOMENTUM
Too often, early-stage founders lack access to the networks, tools, and support that make entrepreneurship possible. Momentum was created to change that. This monthly founder series offers an intentional space for aspiring entrepreneurs to learn, connect and grow.
In its first six months, Momentum engaged 200+ attendees and helped launch two new ventures— Indiana Impetus and NextNestLife. But the real impact goes beyond any single metric: it’s about helping founders connect to the resources and networks that move their ideas forward. At 16 Tech, connection isn’t left to chance.
As one participant shared, “It wasn’t just theory, it was transformation.”


IGNITION CONNECTS COLLEGIATE FOUNDERS STATEWIDE
Powered by

Ignition is a 16 Tech program that supports collegiate founders looking to build ventures and futures in Indiana.
At 16 Tech, connection isn’t left to chance.
Powered by Indiana Economic Development Corporation, the program brings together 25–30 students from across the state for an eight-week hybrid experience. Participants gain access to resources, networks, and opportunities to scale their ventures and see Indiana as the place to do it.

STATE-OF-THE-ART PROGRAM PREPARES STUDENTS FOR CAREERS IN SMART MANUFACTURING
Supported by Eli Lilly and Company, the Ivy Tech Community College Manufacturing Innovation Training Center located in the Emerging Manufacturing Collaboration Center (EMC²) prepares students for high-demand careers in advanced manufacturing, with a focus on pharmaceutical production.
The fully automated lab offers hands-on training in smart manufacturing technologies, adding intentional workforce development to 16 Tech’s vision by co-locating training and certification programs alongside resources to support entrepreneurship and innovation.
16 TECH MEMBERS OFFER RESOURCES TO GROW AND SCALE

WHAT IS IT?
gBeta is a free, seven-week, pre-accelerator program that helps entrepreneurs work in and on their business while also attaining the entrepreneurial mindset needed to be successful.
WHO IS IT FOR?
Startups who are looking to scale quickly (pre-revenue and revenue)

WHAT IS IT?
STARTedUP empowers students and teachers to view life through a lens of innovation and entrepreneurship. The organization has engaged 6,000+ students.
WHO IS IT FOR?
Students and Educators

WHAT IS IT?
Plug and Play operates the IU LAB LifeTech Accelerator, welcoming 20-30 companies per year in a 10-week program tailored to the biotech industry with focused services to support startups looking to scale. Partners include IU, IU Health, CICP and BioCrossroads.
WHO IS IT FOR?
Early-stage life sciences companies

COMMITTED TO COMMUNITY
CONTINUING DOWNTOWN WINTER FARMER’S MARKET TRADITION
For 16 years, the Indy Winter Farmers Market (IWFM) has been a gathering place where neighbors connect with local growers, food producers, and artisans. When 16 Tech officially assumed ownership of the market for the 2024–2025 season, it was a natural extension of our mission: delivering a program that supports local small businesses and provides additional resources for Indianapolis’ Near West and Near Northwest neighborhoods.

Located in the AMP Food Hall and Marketplace since 2021, the IWFM continues to grow as a community cornerstone. Running November-April, the market welcomed more than 20,000 visitors and offered healthy, sustainable produce and local goods from 84 vendors.
“The Indy Winter Farmers Market is a place where food, culture, and community meet. Hosting the market at 16 Tech has strengthened those connections, making fresh, local, and nutritious foods easier for neighbors to access while supporting local farmers.”

Shalise Lee, Indy Winter Farmers Market Manager
Through the Triple *SNAP Match program, 16 Tech also ensures that fresh, nutritious food remains accessible. The program increases shoppers’ spending power by matching benefits three to one (increasing $20 to $60) during the season. On average, there is one SNAP transaction per minute the market is open.
The 2025-2026 season kicks off November 15 with AES as presenting sponsor. Their support builds on a long tradition of partnerships that sustain the IWFM. Opportunities remain available for organizations eager to invest in food access, entrepreneurship, and community connection.
FAST FACTS
20,000 Market Attendees
84 Vendors
5th Season at the AMP
1 SNAP Transaction per minute the market is open
SUPPORTING NEIGHBORHOOD PRIORITIES

The 6th cycle awarded $300,000 to 7 projects.
Since its launch in 2019, the 16 Tech Community Investment Fund, guided by a resident advisory committee, has directed more than $2.2 million into 65 projects that reflect the neighborhood priorities of workforce training, education, business support, and neighborhood vitality. The fund is fueled by a simple but powerful commitment—$0.20 from every leased square foot in the district is reinvested directly into the community.
In Q1 2025, 16 Tech awarded $300,000 to six organizations for its sixth cycle of grants. The next round of grants will be announced in Q1 2026. This milestone represents 16 Tech’s commitment to supporting neighborhood priorities.
$100,000
• Just Community
$50,000
• Groundwork Indy
• Saint Joseph’s College
$25,000
• A+ Childcare & Preschool Learning Center
• Aspire House Foundation
• Mother Love’s Garden
• Per Scholas
AMP SUMMER SERIES CELEBRATES
COMMUNITY +
3 MONTHS • 12 EVENTS • 16 ARTISTS
16 Tech and GANGGANG partnered on The Kickback, a summer series celebrating culture and creativity in Indy. The AMP welcomed hundreds of guests for free events weekly from June through August.



DESIGNING WITH COMMUNITY
Building on the community engagement for the bridge, 16 Tech is advancing its park and art initiative to schematic design—informed directly by artists, neighbors, and partners.
PARK & ART ENGAGEMENT: INFORMING SCHEMATIC DESIGN



2 DAY DISCOVERY WORKSHOP with neighbors and artists
1 PUBLIC OPEN HOUSE for community and neighbors
3 DESIGN MEETINGS with the Neighborhood Advisory Committee
Through engagement, the schematic design for the park and public art plan authentically reflects the vision and values drawn directly from the surrounding neighborhoods’ cultural and ecological history. 16 Tech is proceeding with an operations and maintenance study as well as securing funding for its final phase of infrastructure which includes the park and public art.
HOW 16 TECH COMMUNITY CORPORATION’S FINANCIAL MODEL WORKS
As the nonprofit responsible for the programmatic and physical development of 16 Tech Innovation District, the work of 16 Tech Community Corporation is supported by charitable contributions as well as revenue earned from its operations including rent and memberships. As of 12/31/24, 93% of 16 Tech’s assets and 82% of its capital sourced to date has been used to support the physical development of the 50-acre district. In 2024, 16 Tech’s earned revenue supported 100% of its real estate operating expenses allowing every dollar given in support of our mission to go to program services.
THANK YOU TO OUR 2024-2025 SUPPORTERS
We are grateful to the many organizations that strengthen our mission. This list includes supported organizations, funding partners and community collaborators who together make our work possible.
• AES Indiana
• Allen Whitehill Clowes Foundation
• American Structurepoint
• Browning
• Central Indiana Community Foundation (CICF)
• Central Indiana Corporate Partnership (CICP)
• Citizens Energy Group
• City of Indianapolis
• Comcast
• Cummins Foundation
• Denison Parking
• Don Wood Foundation
• Efromyson Family Fund
• Eskenazi - Health & Hospital Corporation of Marion County
• FA Wilhelm Construction
• Gregory & Appel
• Heartland Bioworks
• Herbert Simon Family Foundation
• Indiana Economic Development Corporation
• Indiana University
• Indianapolis Foundation
• Indianapolis Urban League
• IU Health
• Ivy Tech Community College
• JS Held
• Lake City Bank
• Lilly Endowment Inc.
• LISC Indianapolis
• Pacers Sports and Entertainment
• Purdue University
• Right to Start
• RJE Business Interiors
• Vanguard
1Does not include reimbursement income from the City of Indianapolis
2 Total capital sources includes funds for operations as well as infrastructure and vertical development led by 16TCC. To date, 18% of funds have gone to operating support and 82% to capital projects.

EMILY KRUEGER President and CEO

MOLLY CARLINO Director of Communications

NICK DOUGLAS Technical Program Coordinator

CHRISTIN KELLY-HOOKS Events Coordinator

ALEX KURRELMEIER Chief Financial Officer

COURTNEY CHATMON Executive Coordinator & Special Projects

DEANDRA EDMOND Staff Accountant

ANDREW LEHMAN Innovation Program Director

STARLA HART VP of Administration

JANELLE CISSELL Director of Member Relations

ABBI GARVEY Director of Corporate Giving & Sponsorship

MOORE Staff Accountant
TAMIKA

TRACEY JACKSON VP of Workforce Development & Community Impact

MAENECIA COLE Experiential Learning & Education Outreach Director

AVERI HITTLE Digital Marketing Manager

BETH SCHNEIDER Controller

JACQUELINE ECKHARDT VP of Brand Strategy

GREER CROSSLEY Experience Manager

MICHAELA IVORY Neighborhood Engagement Coordinator

MELANIE SUDER Creative Director

WHITNEY BALL Events Director

PRINCESS DAVIDSON Front Desk Administrator

SIBEKO JYWANZA Director of Community Relations

PAUL WILLIAMS Sr. Manager of Member Operations & Workshop Manager
BOARD OF DIRECTORS
Melina Kennedy (Chair) CEO, Central Indiana Corporate Partnership
Dan Peterson (Vice Chair) Vice President, Industry & Government Affairs, Cook Group
Jeff Harrison (Treasurer) President & CEO, Citizens Energy Group
Tory Castor (Secretary) Senior Vice President, Government Affairs, IU Health
Emily Krueger (President) CEO, 16 Tech Community Corporation
Srikanth Balasubramaniam Executive Director, Growth Office, Corporate Strategy, Cummins
Aman Brar Partner, Ground Game Ventures
Joe Glass Executive Director & General Counsel, Indianapolis Bond Bank
Dan Hasler Chief Operating Officer, Purdue University, Indianapolis
Michael Huber Vice President for University Relations, Indiana University
Debra Luffer-Atlas, PhD Senior Vice President of Research, Eli Lilly and Company
Kristin Mays-Corbitt President, Mays Chemical Company
Rich Michal Executive Vice President, Land Development Strategy, IEDC
Russ Mumper Vice President for Research, Indiana University
Alan Palkowitz, PhD CEO, Indiana Biosciences Research Institute
Nicole Paulk Senior Vice President, Chief Strategy Officer, IU Health
Esther Sandlin Associate General Counsel & Assistant Corporate Secretary, FHLBank Indianapolis
COMMUNITY
INVESTMENT
FUND
ADVISORY COMMITTEE
NEIGHBORHOOD REPRESENTATIVES:
Renee Davis Riverside
Alejandra Lagunas Haughville
Esther Sandlin (Chair) Riverside
Disa Watson Historic Flanner House Homes
Keith (WildStyle) Paschall Near Northwest (UNWA)
ORGANIZATIONAL REPRESENTATIVES:
Richard Bray Indiana University Indianapolis
Penny Dunning Fathers and Family
Emily Krueger 16 Tech Community Corporation
Mark Latta The Learning Tree
Ben Tapper City of Indianapolis
Jay Styles Employ Indy
16 TECH DESIGN STANDARDS COMMITTEE
Emily Krueger 16 Tech Community Corporation
Lily Pai Lilly Pai Designs
Marya Rose Cummins, Retired
Adam Thies Indiana University
Susan Williams Indianapolis Historic Preservation Commission