Duke Realty, a US-based commercial real estate firm, has started construction on Wishard Health Services’ new $754m faculty office building in Indianapolis.
The five-story, 274,000ft2 Fifth Third Faculty Office Building (FOB) is part of the planned 37-acre Eskenazi Health campus located in downtown Indianapolis. The office building will provide support functions for the hospital as well as house administrative staff offices and accommodation for Indiana University (IU) School of Medicine faculty physicians, as well as work space for research and various academic support programmes.
Duke Realty senior vice-president Keith Konkoli said: "The current Wishard Memorial Hospital campus is spread over 17 buildings, many of which were built before World War II.
"We are thankful for the opportunity to play a key role in bringing this modern, centralised replacement hospital campus to the Indianapolis area through the development of the new Fifth Third Faculty Office Building," he added.
As part of the plan, Duke Realty will also construct an 11-storey hospital tower and a planned ambulatory care building. The new FOB will house Eskenazi Health’s physicians and staff on one modern campus. Duke Realty and Health and Hospital Corporation of Marion County, which operates the Wishard system, will jointly own the new building.
Construction is scheduled to be completed in December 2013 and the new campus is expected to receive LEED Silver certification for incorporating sustainable features; the facility will use half the energy of the current facilities and reduce operating costs by 12%.
St Louis-based HOK Group and Indianapolis-based BSA LifeStructures are the project architects, while Duke Realty will serve as construction manager and property manager. Duke Realty owns and operates approximately 143 million square feet of industrial and office assets, including medical offices, in 18 US cities.