Ivy Tech saving facade for classroom building

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Ivy Tech Community College plans to save
the facade of a historic former hospital along Fall Creek Parkway and build a new 150,000-square-foot academic building
behind it.

The proposed building would include much-needed classrooms and science labs for a downtown campus that has
quadrupled its enrollment to about 22,000 students over the past 10 years.

Ivy Tech officials said an architectural
study found that renovating the entire building for classroom use would have been possible but not cost effective. The building,
which served as St. Vincent Hospital from 1913 to 1974, has been vacant for about five years.

Most recently, the building
was a senior apartment complex known as Weyerbacher Terrace. The federal government shut it down in 2003 and turned the
property over to the city.

The state-run college bought the 5-acre property between Illinois Street and Capitol Avenue
from the city for $1 in May 2006 in a deal that required preservation of most of the original hospital and adjoining chapel.

But Ivy Tech officials, citing prohibitive costs, last year asked the city for permission to demolish the building instead.
City planners and historic preservation groups pressured the college to rethink their approach, so Ivy Tech reversed course
and announced a deal for private developers to turn the building into student housing.

That deal never found financing,
leading Ivy Tech to revisit the possibility of a new academic building. The college said the city has reviewed and will
support the design of the new building.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In