The Precedent Center is located in high-prestige business park - The Precedent. With a 38-acre lake, the park is among the most desirable corporate addresses north of the city. Many leading companies choose it because of the image of high quality it impresses on their customers. It is also close to the Interstate 465, which rings Indianapolis. Once dominated by government and manufacturing, today's Indianapolis has a much more diversified economy, contributing to the fields of education, health care and finance. The insurance industry is well established here, and it is home to the US headquarters of Roche Diagnostics, Eli Lilly and Technicolor SA, as well as banks, pump manufacturing, chemicals, and communications companies, helping to make it the faster growing region in the Midwest. Tourism is also vital and the city plays host to numerous conventions and sporting events.