IU Approves Legislative Funding Request

Posted: Updated:
The school's Bicentennial Repair and Rehabilitation Plan includes renovation projects in Bloomington and Indianapolis. The school's Bicentennial Repair and Rehabilitation Plan includes renovation projects in Bloomington and Indianapolis.
BLOOMINGTON -

Indiana University's board of trustees has approved a $232 million legislative capital request for 2019-2021. The request includes five priority projects, including $124 million in what the school calls critically-needed repairs and renovations of existing facilities and infrastructure.

The school says its Bicentennial Repair and Rehabilitation Plan will include renovations at research centers and labs in Bloomington and the Health Sciences and Dunlap buildings in Indianapolis. It also involves repair, renovation and infrastructure projects at IU's Richmond, Kokomo, Gary, South Bend and New Albany campuses.

The other priority projects include: $75 million for construction of the IU School of Medicine Research Laboratory Building V in Indianapolis; $15 million for renovations to the School of Dentistry building in Indianapolis; $15 million for renovation of the two original buildings of the former Wishard Hospital campus in Indianapolis, and; $3 million to study space needs for health sciences programs at IU Fort Wayne.

In addition to the request, trustees also approved renovation projects for Ball Residence Hall on the IUPUI campus and the Wells Library in Bloomington. The board also gave the green light to the design for the new International Center building and an updated design for a parking garage and office building in Bloomington.

  • Perspectives

    • Unmasking Accounting Data: Moving from Reporting to Being Strategic

      What story do our financial statements tell us this month and year, to date? This was the question that was always directed at us by a former manager.  He believed that financial statements tell the story of how a business is run and the direction it’s going. Most businesses publish their profit and loss statements, and balance sheets every month. These are the standard reports included in most reporting packages. Usually, the management tends to believe...
    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Apartment Building Development Coming to Rushville

      A Knightstown company has announced plans to build four new apartment buildings in a $5.25 million development in Rushville. Villa Buildings will be built by KDC Investments, Inc on West 16th Street in Rushville.

    • The Mystery of Cancer in Firefighters: Two Indiana Researchers Uncover Clues

      There’s a lot of conjecture about cancer in the world of firefighting, but a crescendo of anecdotal—and scientific—evidence is driving two Indiana researchers to search for answers. 

    • BraunAbility Moving Global HQ to Carmel

      A manufacturer of wheelchair vehicles and wheelchair lifts in Pulaski County has announced plans to relocate its global headquarters to Carmel. BraunAbility says it will invest $7.5 million to move its HQ to the Lakeside Green Business Center and construct a new Research & Development and Technology Center. The Indiana Economic Development Corp. says the move will create up to 70 jobs in Hamilton County. The company says the investment will also boost its existing...

    • New Standard Deduction: Do you still Itemize?

      After years of itemizing deductions, many taxpayers will be taking the new larger standard deduction on their 2018 tax return. This may be a welcome change for some.  But for others, it may be time to rethink the strategy for expenses that were deductible.  The Tax Cuts and Jobs Act (TCJA) that passed in December 2017 increased the standard deduction effective for tax years beginning in 2018.  By increasing the standard deduction, a taxpayer’s taxable income is...

    • Indy Eleven Rallies For State Stadium Support

      Indy Eleven leadership, players and fans Thursday rallied at the Statehouse for support of a measure creating a public-private partnership to help fund a $150 million soccer stadium. Lawmakers are considering a measure that would allow the team to work with city leaders for two years on development plans for the venue, which would be funded by developer-backed bonds. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman, team owner Ersal Ozdemir said the...