Regenstrief plans new $13M headquarters

The Regenstrief Institute plans to build a $13 million, 80,000-square-foot headquarters at 10th and Wilson streets in Indianapolis, the Indiana School of Medicine announced Thursday.

The facility will be built on the IU School of Medicine campus at IUPUI on land leased from Indiana University.

Regenstrief, a not-for-profit medical research organization, plans to move 50 investigators, 165 staff members and a number of affiliated scientists into the building when it is completed in mid-2015.

Most of those employees now work in nearby locations at 1050 Wishard Blvd. and 410 W. 10th St.

The Regenstrief Foundation has committed $5 million to the new building and the IU School of Medicine is contributing another $1 million, officials said.

Schmidt Associates of Indianapolis is handling architecture and interior design.

The institute was  founded in 1969 as the Regenstrief Institute for Health Care by immigrant businessman and philanthropist Sam Regenstrief. It is closely affiliated with the IU School of Medicine, Eskenazi Health, IU Health and the Richard L. Roudebush VA Medical Center. All of those facilities will be within walking distance of the new building.

Regenstrief investigators developed and operate the Regenstrief Medical Record System, which has served as the electronic medical record system for Wishard, and now Eskenazi Health, since 1973. It is the oldest continually operational medical record system in the United States, Regenstrief said.

The IU Center for Aging Research is based in the institute.

Regenstrief recently entered a partnership with consulting firm Deloitte to bring in more contracts from pharmaceutical companies, medical device makers, health insurers and hospital systems.

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