The design of the long-anticipated project was originally set to be unveiled by the end of 2018, but has been delayed several times—most recently this spring, as the pandemic began to sweep across the United States.
The dispute centers on extensive cracking in the foundation at Community Hospital East, which just underwent a massive, $175 million upgrade with a new patient tower.
The project is the largest in a decade for the hospital in northern Morgan County, about 18 miles from Franciscan Health’s flagship hospital on the south side of Indianapolis.
Greenwood-based Poynter Sheet Metal Inc. and its landlord have applied for partial property tax abatements on the project that would save them a total of $595,000 over 10 years.
Some of the biggest hotel operators in Indianapolis say the city would not be able to absorb the 800-room and 600-room hotels planned by Kite Realty Group Trust alongside the proposed expansion of the Indiana Convention Center at Pan Am Plaza.
Even before news broke that an unidentified health care system had lined up 30 acres at 96th Street and Spring Mill Road for a massive development, projects costing billions of dollars were underway or on the drawing board across the region.
The Plainfield facility is the third of eight “neighborhood hospitals” St. Vincent plans to open in central Indiana as health systems try to stitch up the expanding Hendricks market.
Hendricks Regional Health’s new Brownsburg hospital is only the latest in Indiana’s second-fastest-growing county, where almost non-stop development is pushing demand for health care.
Community Health Network said Thursday that it will spend $175 million to build a hospital on its East campus instead of renovating existing facilities. It also plans to build a $60 million cancer center on its North campus in the Castleton neighborhood.
A spate of large real estate projects in the pipeline for downtown is providing a shot in the arm for a local construction industry still rebounding from the recession.
A Hamilton County agency sees its ad dollars pay off, French Lick Resort unveils a $20 million expansion, winter diving championships are coming to Indy, and Hendricks County tourism grants no longer require matching dollars.
Community executives said the investment and projects, which will begin this fall and extend over several years, prove their long-term commitment to the east side of the city.
Mainstreet Property Group, already the fastest-growing company in the Indianapolis area, now has the fuel it needs to nearly triple its pace of construction of senior care facilities around the country.
State and local governments hand out $921 million per year to entice business to add jobs. The Medicaid expansion is estimated to cost no more than $279 million per year.
