Greenstreet Ltd. — Development, Brokerage, Consulting

University of Indianapolis

Project Details

Founded in 1902, the University of Indianapolis is a private, non-profit university, with nationally ranked graduate programs in the Krannert School of Physical Therapy, School of Occupational Therapy and School of Nursing. The surrounding University Heights neighborhood and the university have grown-up together. Over time, however, the university has become isolated as the neighborhood has struggled with increasing vacancy, poverty, and blight.

In 2012, new president Robert Manuel embarked on an 18-month strategic planning process, involving students, faculty, staff, alumni and community partners. Greenstreet was retained to align President Manuel’s vision and the extensive stakeholder input into a sustainable community anchor institution strategy, to help find shared value between the university and the University Heights neighborhood. In February 2014, the university’s Board of Trustees approved a five-year plan of capital projects and educational enhancements that represent a $50 million investment in the University and the neighboring community. This initial investment in UIndy’s strategic plan will build a foundation for the University to seek support for programs, scholarships, research, and endowed positions that will create an unparalleled experience for students and put UIndy at the national forefront of higher education.

The first and most significant initiative of the strategic plan is the Health Pavilion, which will enable expansion of UIndy’s high-demand undergraduate and graduate programs in health-related disciplines, including the University’s new Master of Public Health degree program. The 160,000-square foot, $28 million Health Pavilion is under construction and will be completed in 2015. A partnership with a healthcare provider will bring clinical and research experiences for students, especially in area of health disparities. Greenstreet also crafted and negotiated a successful Community Development Block Grant application, which brought $1 million in federal funding for projects around the UIndy campus. Among the initiatives are a new neighborhood park, a homeownership initiative that is planned to bring 30 new residents to the University Heights neighborhood, and the UIndy Health Loop, an urban trail which will connect the Health Pavilion with two public parks and the neighborhood school.