Indiana University Health is planning to consolidate its adult services at IU Health Methodist and IU Health University hospitals into one academic medical campus with an estimated $750-million project that expands the existing Methodist Hospital in Indianapolis and constructs a new medical center. The project is proposed to be built out in phases over a period of roughly four to five years, with the start of bidding/construction expected no earlier than 2017. HOK Group is the project architect. Indiana University Health, Jim Price, 950 N. Meridian St., Ste. 1100, Indianapolis, 46204. DR#16-00406131.
Tishman Speyer Properties is planning to build a 52-story office tower at 130 North Franklin on the site of the former Chicago Mercantile Exchange building. With an estimated cost of $600 million, plans for the nearly 1.4-million-sq-ft, structural steel-framed building include 14,000 sq ft of retail and a 190-space parking garage. The project will advance pending the announcement of an anchor tenant. The firm has not finalized construction schedules. Krueck & Sexton Architects is the project’s designer. Tishman Speyer Properties, Amy Preston, 525 W. Monroe St., Chicago, 60661. DR#02-00673730.
Exelon Corp. anticipates starting construction this spring on its 153-MW Michigan Wind 3 project in Sanilac County. The estimated $250-million project will include 68 wind turbines. The firm, which is leading design and construction, expects to achieve operation by the end of 2016. Exelon Corp., 10 S. Dearborn St., Fl. 37, Chicago, 60603. DR#16-00404686.