Deal Reached Between Medical Campus Developers

Sweden-based Skanska has signed a $41 million contract with Evansville HealthRealty to manage construction of the Multi-Insitutional Academic Health Science and Research Center in downtown Evansville. Construction of the nearly $70 million facility, which will be the new home for the Indiana University School of Medicine-Evansville campus, began last month.
The four-story, 170,000 square-foot facility will house medical education programs for IU as well as the University of Evansville and the University of Southern Indiana. Skanska says it will include a simulation center, dental clinic, amphitheater, clinical research area, teaching classrooms, offices and surface parking.
Ground was broken on the project in October. At that time, Evansville Mayor Lloyd Winnecke said, "This new model of medical education will transform the delivery of health care in the tri-state region. More importantly, it will result in more physicians being trained and retained in Indiana."
The project is scheduled to be complete in February 2018.