Indiana University will Wednesday break ground on a $230 million medical education and research building in downtown Indianapolis. The 11-story building, which will total more than 325,000 square feet, is the largest construction project in the history of the IU School of Medicine and will be the first new classroom space in Indy since the 1950s.
The building will be located west of Senate Avenue and south of the IU Neurosciences Research Center on 16th Street. IU says the building will address growing instructional and research needs at the School of Medicine.
The project will be co-located with the $2.7 billion Indianapolis Academic Health Center development planned by IU Health. The development includes a $1.6 billion expanded medical campus with a new hospital building that will consolidate the existing University and Methodist hospitals.
In July, our partners at the Indianapolis Business Journal reported the project’s price tag is being reevaluated in light of higher-than-expected patient demand during the pandemic, as well as inflation and sustainability goals.
At Wednesday’s event, leaders from IU and IU Health, including IU President Pamela Whitten, IU School of Medicine Dean Jay Hess and IU Health President and CEO Dennis Murphy, who will speak on behalf of the project. The event will end with a ceremonial shovel-turn.
IU says the event, which begins at 4 p.m., will be live streamed on its Facebook page.