In a major transformation of its downtown medical campus, Indiana University Health plans to expand its footprint by eight blocks and build a $1.6 billion hospital just south of its century-old Methodist Hospital.
IU Health announced the expansion in August, five years after originally announcing its intention to overhaul the campus.
The campus also will house the IU School of Medicine, which will move from its current location 1-1/2 miles southwest on the IUPUI campus.
The addition of eight blocks will add 44 acres, extending the campus from 16th Street south to 12th Street and from Capitol Avenue west to Interstate 65. IU Health owns some of the property and has been buying adjoining land in recent months. Some of the land is occupied by an assortment of office and industrial buildings.
Operations at Methodist Hospital and IU Health University Hospital, which is currently at IUPUI, will be consolidated into the new hospital when it opens in 2026. The future of Methodist and University is still under evaluation, IU Health officials said.