The Lexington Business Centre (LBC) got its start as the home of Pacemaker Trailer Company, one of the earliest RV companies in the market. Carl Tiedemann purchased the 40,000-square-foot building in 1990 in a public/private partnership with the City of Elkhart and the State of Indiana. The state had developed a program to assist in the creation of small business incubators. Elkhart was the first community to participate in the program and the first “for profit” incubator in the State of Indiana. The LBC offered single offices and flex space from 1,000 to 1,500 square feet with a number of features that the tenants could take advantage of for little or no cost. These features included things such as shared conference rooms, secretarial services, use of a fork lift, loading dock, etc.

After an extensive renovation of the LBC, the first tenant moved in the fall of 1990. Occupancy remained strong until the economic downturn in 2008. At that point the commercial real estate market in Elkhart began to change. It went from numbers of sole proprietors to larger operations. The need for incubator space and services diminished. Carl and Emilie Tiedemann began working on a plan to re-purpose the LBC. In 2018, after exploring several different concepts, the couple began planning an event center for 7,850 square feet in the center. With the help of interior architect/designer Debra Weninger of Debra Weninger Design in Chicago, architect Eric Leedy and Progressive Engineering, LEX 530 opened in October 2018.