Site Selector Prospectus — 2026

Whitestown
Life Sciences
Campus

Indiana's Premier Biomanufacturing
Opportunity Site

3370 South 450 East  ·  Whitestown, Indiana  ·  Boone County

25.25 Total Acres
3 Contiguous Parcels
$14.5B Adjacent Anchor Investment
Aerial rendering of Whitestown Life Sciences Campus
12 mi to Eli Lilly Campus
The Opportunity
In the direct path of
unprecedented scale

A 25.25-acre site under single-family partnership ownership, positioned directly adjacent to one of the most significant pharmaceutical manufacturing expansions in U.S. history. This is not speculative — it is strategically inevitable.

$14.5B
Eli Lilly & Company Biomanufacturing Investment · Lebanon, Indiana

Representing the largest pharmaceutical manufacturing investment in U.S. history — anchoring an entire new life sciences corridor in Indiana, with this site positioned as its critical missing middle layer.

The state is all-in
on life sciences

$1 BILLION
State Investment in Indiana Life Sciences
"

Indiana is leading in life sciences, and today we're investing to accelerate that growth with the goal of creating 100,000 new high-wage jobs over the next 10 years. This investment will make Indiana the premier destination for human therapeutics, animal health, agritech, biotechnology, and environmental innovation.

— Governor Mike Braun, State of Indiana

Indiana is home to a vital life sciences community, and we're proud to support the State in expanding it—creating jobs, advancing innovation, and improving lives for Hoosiers and people around the world.

David Ricks
Chairman & CEO, Eli Lilly and Company

Purdue University is excited to support our state's economic growth by working with industry and state government to create jobs, talents, and innovation with excellence at scale — from Indianapolis and the One Health Innovation District to the LEAP District and Greater Lafayette.

Mung Chiang
President, Purdue University

This investment strengthens Indiana's ability to grow the economy, drive innovation and remain a global leader in biosciences.

Pam Whitten
President, Indiana University

This announcement by Governor Braun will position the state to capitalize on our strengths and facilitate more growth for future years to come.

Stephen Ferguson
Chairman, Cook Group
$1B
State Investment
100K+
New Jobs (10 Years)
5+
Global Anchor Companies
#1
Target: Premier U.S. Life Sciences Hub

Source: Office of Governor Mike Braun, State of Indiana · Announced March 17, 2026

Competitive Timing Advantage

Permit-Ready.
Infrastructure-Advancing.
Available Now.

This is the last available site of scale before the surrounding growth corridor — where multi-year infrastructure constraints are delaying development by two or more years. While others wait, you can break ground here.

Streamlined zoning & annexation — weeks, not years
The Town of Whitestown is actively pro-development and eager to support a fast-track zoning and annexation process. Once complete — anticipated in weeks — commercial permits can be pulled immediately. No multi-year entitlement risk.
Water & sewer arriving in 2026 via active adjacent construction
A 12" water main and sewer main are extending north toward this site now — not in theory, but as part of the Citimark development currently under construction.
The last available site before the infrastructure bottleneck
Much of the surrounding growth corridor to the northwest faces water and wastewater capacity constraints that will delay development by two or more years. This site sits ahead of that constraint — ready when others are waiting.
"While the corridor waits years for infrastructure, this site is weeks away from breaking ground."
First Shovel-Ready Site
Before the Northwest Corridor Bottleneck

Positioned at the
heart of the corridor

Regional location map showing Whitestown Life Sciences Campus in relation to Eli Lilly, Purdue University, Indianapolis airports, and downtown Indianapolis

Regional connectivity — Whitestown Life Sciences Campus in relation to Eli Lilly (12 mi), Purdue University (41 mi), Indianapolis Executive Airport (10 mi) & Indianapolis International Airport (25 mi)

  • 12 mi
    Eli Lilly Biomanufacturing Campus Lebanon, Indiana — $14.5B anchor investment
  • <5 min
    Interstate 65 Direct regional highway access
  • 10 mi
    Indianapolis Executive Airport General aviation access
  • 25 mi
    Indianapolis International Airport Major commercial air hub
  • 30 mi
    Downtown Indianapolis Metro amenities, talent base, hospital network
  • 41 mi
    Purdue University Top-tier research & STEM talent pipeline
Caterpillar
Cigna
pts Diagnostics
LifeScience Logistics
Citimark (FY26)
iwis
Langham Logistics
+ Growing Ecosystem

The site in context

Immediate surrounding property context
Immediate Site Context — 25.25 Acres
Regional corridor aerial
Whitestown / I-65 Corridor — Broader Context

A purpose-built
life sciences campus

Conceptual Development Plan · DELV Design Studio, LLC · BD26-015 · Feb 2026

Conceptual Development Plan
Office Terraces
Office Terraces
Nature Trails
Nature Trails
West Campus Green
West Campus Green
Landscape Architecture Character · DELV Design Studio, LLC · BD26-015 · Feb 2026

Designed by DELV Design Studio, the conceptual campus plan organizes 25.25 acres across three distinct building zones — each purpose-designed for life sciences use with shared infrastructure, preserved natural features, and connected greenspace.

The plan accommodates phased development, multi-tenant configurations, and single-operator campus use with flexibility built into every zone.

01
Office Building — East Lot
41,500 GSF
02
Child Care Center
9,000 GSF
03
Office Building — North Lot
36,000 GSF
04
Office Building — West Lot
36,000 GSF
05
Shared Lab Building
60,000 GSF
06
Office Building — West Lot
36,000 GSF
Total Developable GFA ~218,500 GSF
Total Parking
510+ Spaces (surface)
Alternate plan includes 240–320 space parking structure

Innovation. Wellness.
Connection to Nature.

⚗️
Innovation Enabled
  • Integration of lab and office for improved collaboration
  • Shared amenities encourage cross-discipline interaction
  • Advanced building systems supporting R&D
  • Flexible floor plates adaptable to tenant needs
🌿
Wellness Centered
  • Walkable campus with biking & nature trails
  • Natural daylight and improved indoor air quality
  • Healthy material choices throughout
  • On-site child care to support working families
🌳
Connected to Nature
  • Landscaped open spaces woven throughout campus
  • Buildings designed to frame outdoor spaces
  • Native landscape elements throughout
  • Sustainable stormwater management integrated

Built for the
life sciences ecosystem

R&D / Lab Space
  • Wet lab environments
  • Dry lab environments
  • Translational research
  • Process development labs
  • Analytical testing
Pilot & Small-Scale Mfg.
  • Pre-commercial production
  • Bioprocess development
  • Scale-up environments
  • Formulation development
  • GMP-capable spaces
CDMO / CMO
  • Tier 2–3 contract manufacturers
  • U.S. expansion footprints
  • Supplier co-location
  • Quality & regulatory support
  • Logistics-adjacent operations
Support & Innovation
  • Analytical testing labs
  • Workforce training facilities
  • Innovation / incubator space
  • Commercialization infrastructure
  • Headquarters office use

All major utilities
at or near the site

Electric, gas, water, sewer, and fiber are either at the site frontage or within 400 feet. Water, sewer, and fiber are anticipated to be extended toward the property in the near term as part of active adjacent development — positioning this site well for near-term readiness.

Electric
Scalable — 3 MW to 22+ MW
Electric service is available in the immediate area via Boone Power / Wabash Valley Power Alliance, with a substation approximately 2 miles from the site.

Current available capacity: 3–5 MW today, scaling to approximately 10 MW at the distribution level by end of 2026.

Dedicated substation path: For loads in the 15–22+ MW range, a dedicated substation can be developed on an approximately 3-year timeline from execution of a facilities reimbursement agreement. A single-bay 22.4 MW substation is estimated at approximately $8M (excluding land and transmission costs).

138 kV expansion is part of Boone Power's ongoing planning horizon and can be accelerated with a contractual load commitment from a qualified user.
Utility Contact Allen Jones, Director of Special Projects & Engineering
Boone Power · Lebanon, IN
(765) 891-9004 · ajones@boonepower.com
🔥
Natural Gas
At Site Frontage
Natural gas is available directly at the site frontage via CenterPoint Energy (formerly Vectren). Distribution lines run along S. 450 E., allowing for a straightforward connection with no significant extension required.

This is an immediate, low-friction utility for process heating, lab operations, and building mechanical systems.
🌐
Fiber / Broadband
~400 Feet · Extension Required
TDS is the primary fiber provider in the Whitestown corridor. Fiber infrastructure is present within approximately 400 feet via the adjacent Citimark development corridor, which is currently under active construction.

Extension to the site will be required, but proximity and ongoing infrastructure work in the area should enable efficient and cost-effective connectivity.
💧
Municipal Water
12" Main — ~400 Feet South
Municipal water service is provided by the Town of Whitestown. A 12" water main is located approximately 400 feet south of the property on the adjacent Citimark development, currently under active construction.

Water infrastructure is expected to be extended north toward this site as part of Citimark's 2026 construction activity. A final extension to the site boundary will be required and is well-positioned given proximity.
Municipal Contact Sri Venugopalan, P.E. — Town Engineer
Town of Whitestown
(765) 978-1840 · svenugopalan@whitestown.in.gov
🚰
Sanitary Sewer
12" Main — ~400 Feet South
Sanitary sewer service is provided by the Town of Whitestown. A sewer main is located approximately 300–400 feet south on the Citimark site.

Similar to water, sewer infrastructure is anticipated to extend north in conjunction with active adjacent development in 2026. Extension to the site boundary will be required, with proximity making this a near-term, low-risk connection.
Municipal Contact Sri Venugopalan, P.E. — Town Engineer
Town of Whitestown
(765) 978-1840 · svenugopalan@whitestown.in.gov
🌿
Stormwater
On-Site Detention Feasible
On-site stormwater detention is feasible and has been integrated into the conceptual campus plan by DELV Design Studio. The natural topography of the property supports sustainable stormwater management without significant off-site infrastructure requirements.

Native landscape elements and integrated detention ponds are woven throughout the campus design, serving both functional and aesthetic purposes.
Civil Engineering — Stormwater Bryan A. Sheward, P.E. (IN, KY, CA)
Kimley-Horn · 500 E. 96th St, Suite 300, Indianapolis, IN 46240
Direct: 317.218.9563 · Mobile: 317.409.6799
Utility Readiness Summary
All five major utilities are either at the frontage or within 400 feet — with a clear, near-term path to full service.
 Electric — Available Now
 Natural Gas — At Frontage
~  Water — 400 ft, 2026 Extension
~  Sewer — 300–400 ft, 2026 Extension
~  Fiber — 400 ft, Extension Required
 Stormwater — On-Site Feasible

A rare combination
of site attributes

  • Permit-Ready — Build While Others Wait

    Fast-track zoning & annexation underway — weeks, not years. The Town of Whitestown is actively pro-development and eager to support approval. Once complete, commercial permits can be pulled immediately. Water & sewer advancing to site in 2026. The surrounding northwest corridor faces 2+ year infrastructure delays — this site does not.

  • Immediate Pharma Anchor Adjacency

    12 miles from Eli Lilly's $14.5B campus — the largest pharmaceutical manufacturing investment in U.S. history.

  • Single Ownership, Three Parcels

    25.25 acres under unified family partnership control enables agile deal structuring without complex assembly.

  • Campus-Scale Flexibility

    Sufficient acreage for multi-building campus, phased delivery, or multi-tenant configuration.

  • First-Mover Positioning

    Early-stage corridor transition creates opportunity for identity-defining, market-shaping development.

  • Pro-Development Jurisdiction

    Boone County and State of Indiana actively prioritize life sciences investment with competitive incentive programs.

Corridor Transformation
Agricultural Land
Advanced Biomanufacturing
& Life Sciences Infrastructure
$14.5B Lilly Anchor Commitment
#1 Largest US Pharma Investment
25K+ Life Sci Jobs in Region
Top 5 IN Pharma Workforce State

The right partners
for a long-term vision

Ideal Partners
Who We Are
Seeking
  • Life sciences real estate developers
  • Institutional capital partners
  • Biomanufacturing operators
  • CDMO / CMO operators
  • Innovation campus developers
  • Corporate R&D campus users
Transaction Structures
Flexible Deal
Formats
  • Outright land sale
  • Joint venture development
  • Phased campus development
  • Build-to-suit arrangement
  • Ground lease structures
  • Multi-parcel partial sale
Indiana Advantage
State & Regional
Support
  • IEDC life sciences incentive programs
  • Tax increment financing (TIF) availability
  • Pro-development Boone County
  • READI grant program access
  • Workforce development funding
  • Biomanufacturing state priority
125+
Potential Acres
Expanded Corridor Opportunity

A larger footprint may be available
for the right user or developer

The Whitestown Life Sciences Campus sits adjacent to Citimark's 100-acre development to the south and west — a project currently advancing through grading, permitting, and infrastructure activation. For users or developers seeking a larger campus footprint, the ownership team has an established relationship with Citimark and is open to facilitating introductions for qualified parties. A combined corridor opportunity of 125+ acres may be available subject to separate negotiation. Inquire directly with Brad Schweibold.

25.25
Schweibold Acres
100±
Citimark Adjacent Acres
125+
Combined Corridor Potential
🏢
Land Sale
Clean acquisition of all or a portion of the 25.25-acre site for direct development
🤝
Joint Venture
Partnership between ownership and experienced life sciences developer or operator
🏗️
Phased Campus
Staged development allowing for market absorption and demand-responsive build-out
Begin the Conversation

This is not
a speculative site.

It is a strategically positioned platform within a rapidly forming life sciences ecosystem.

Brad Schweibold
Owner / Managing Partner
  • Property 3370 S 450 East, Whitestown, Indiana
  • Phone +1.317.258.7442
  • Email bschweibold@360nsight.com
  • Site 25.25 Acres · 3 Contiguous Parcels
Request More Information

Let's start
the conversation.

Whether you're evaluating a land acquisition, exploring a joint venture, or simply want to learn more about this opportunity — we'd love to hear from you. Complete the form and Brad will be in touch directly.

Brad Schweibold
Owner / Managing Partner
📞  +1.317.258.7442
✉️  bschweibold@360nsight.com
📋
Site Due Diligence

The ownership team has conducted preliminary site due diligence through Kimley-Horn, including waterway assessment, WOTUS determination status, utility availability, and stormwater management analysis. A regulated waterway (Waters of the United States) traverses the site from south to northeast and has been incorporated into the conceptual campus plan as a preserved natural amenity — including walking trails, native landscaping, and stormwater detention features. A secondary drainage pathway on the western portion of the site is anticipated to be eliminated following mass grading by the adjacent Citimark development, currently underway. Citimark is evaluating full-site mass grading — which, if confirmed, would further accelerate the resolution of this drainage feature and strengthen overall corridor infrastructure readiness. Kimley-Horn has been engaged to conduct a formal Jurisdictional Determination with the Army Corps of Engineers / IDEM, anticipated for completion in Summer 2026. This work will formally confirm the resolution of this drainage feature as part of the ownership team's proactive pre-development due diligence.

A complete due diligence package — including the Kimley-Horn site assessment, DELV Design Studio conceptual plans, and utility analysis — is available to qualified parties upon execution of a confidentiality agreement. Please contact Brad Schweibold directly to request this information.