Proposed cost for new Wishard Hospital: $754M-WEB ONLY

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A $754 million project is being proposed to replace the aging Wishard Memorial Hospital in downtown Indianapolis.

Hospital officials say renovating the current facility is not practical because its mechanical systems are failing and the patient rooms can’t accommodate modern equipment. Wishard’s facility is spread over 17 buildings, many of which were built before World War II.

Marion County voters will first have to pass a Nov. 3 referendum on the financing of up to $703 million in public bonds for the project. Health and Hospital Corp. of Marion County President Matthew Gutwein said yesterday that no tax increase will be needed for the new 11-story hospital.

Wishard serves almost two-thirds of the uninsured hospital patients in Marion County. It also has the state’s largest burn center and is a Level 1 trauma center.

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