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UIndy plans $50M in expansion projects

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The University of Indianapolis plans to spend $50 million over the next five years on major construction projects and additions to its educational programs, the private institution announced Friday morning.

The five-year plan, recently approved by UIndy’s board of trustees, flows from the strategic planning process initiated 18 months ago when Robert Manuel became UIndy’s president.

UIndy’s campus, located on the south side of Indianapolis at the intersection of Shelby and Hanna streets, enrolls about 5,400 students, including 1,200 graduate students.

UIndy did not disclose specific price tags for its building projects, but the bulk of the money will be spent on a 134,000-square-foot health sciences center, which will provide training space for UIndy’s nursing, physical therapy and other health care students, as well as function as a community health care facility.

Over the next two years, the UIndy will also renovate its Krannert Memorial Library, replace its Campus Apartments on Shelby Street with newer housing options and expand its science labs.

UIndy also plans to hire additional faculty for key programs and launch men’s and women’s lacrosse teams.

“The plan will enable us to focus on the kind of education that we believe is vital to our students and the world they live in,” Manuel said in a prepared statement. “An education in which they are engaged in their learning experiences, interact directly with faculty and learn to think critically, communicate well and contribute to their communities.”
 

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  1. It is nice and all that the developer grew up here and lives here, but do you think a company that builds and rehabs cottage-style homes has the chops to develop $150 Million of office, retail, and residential? I'm guessing they will quickly be over their skis and begging the city for even more help... This project should occur organically and be developed by those that can handle the size and scope of something like this as several other posters have mentioned.

  2. It amazes me how people with apparently zero knowledge of free markets or capitalism feel the need to read and post on a business journal website. Perhaps the Daily Worker would suit your interests better. It's definitely more sympathetic to your pro government theft views. It's too bad the Star is so awful as I'm sure you would find a much better home there.

  3. In other cities, expensive new construction projects are announced by real estate developers. In Carmel, they are announced by the local mayor. I am so, so glad I don't live in Carmel's taxbase--did you see that Carmel, a small Midwest suburb, has $500 million in debt?? That's unreal! The mayor thinks he's playing with Lego sets and Monopoly money here! Let these projects develop organically without government/taxpayer backing! Also, from a design standpoint, the whole town of Carmel looks comical. Grand, French-style buildings and promenades, sitting next to tire yards. Who do you guys think you are? Just my POV as a recent transplant to Indy.

  4. GeorgeP, you mention "necessities". Where in the announcement did it say anything about basic essentials like groceries? None of the plans and "vision" have basic essentials listed and nothing has been built. Traffic WILL be a nightmare. There is no east/west road capacity. GeorgeP, you also post on www.carmelchatter.com and your posts have repeatedly been proven wrong. You seem to have a fair amount of inside knowledge. Do you work on the third floor of Carmel City Hal?

  5. I don't know about the commuter buses...but it's a huge joke to see these IndyGo buses with just one or two passengers. Absolutely a disgusting waste of TAXPAYER money. Get some cojones and stop funding them. These (all of them) council members work for you. FIRE THEM!

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