Contractor Selected For Reid Hospital Demolition

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Reid Health left the former hospital campus in 2008. Reid Health left the former hospital campus in 2008.
RICHMOND -

The Richmond Board of Public Works and Safety has approved a bid for the demolition and cleanup of the former Reid Hospital site. The Palladium-Item reports the city has selected Indianapolis-based Renascent Inc., which submitted a bid of just under $3.5 million.

The cost of the project was originally estimated to be more than $8 million. City Controller Beth Fields tells the publication the bid price will cover the demolition and remediation of the site, but additional issues such as construction inspection and insurance will bring the total cost to around $4.5 million.

The city could sign a contract with Renascent later this month. Fields says the city is also working to determine the final amounts of two loans approved by the state to cover the remediation of hazardous materials and demolition of the buildings.

The Palladium-Item says work on the project could begin January 2.

  • Perspectives

    • Greg Ballard is the former mayor of Indianapolis and a co-founder and current board member of Indy Women in Tech.

      Shining a Spotlight on Women in Tech

      I still get a thrill driving through the gates of our legendary Indianapolis Motor Speedway and I will be lucky enough to do so for an entire week soon. This week, the best women golfers in the world will once again display their talents at Brickyard Crossing Golf Course in the Indy Women in Tech Championship. However, the tournament is much more than an athletic competition. It is an opportunity to support a solution to a critical economic and workforce development issue.

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