Largest Indianapolis-Area Ongoing Construction Projects(1) (Ranked by Estimated Cost (2))

Largest Indianapolis-Area Ongoing Construction Projects(1) (Ranked by estimated cost (2))

GENERAL ESTIMATED START CONTRACTOR(S)/ PROJECT COST DESCRIPTION/ COMPLETION CONSTRUCTION RANK LOCATION SQUARE FEET MAJOR TENANT TARGET OWNER(S) ARCHITECT(S) ENGINEER(S) MANAGER(S) I-69 section 6 $79.0 million conversion of 27 miles of State March 2019 INDOT NA HNTB Corp., Milestone, Crawford DND Morgan, Johnson and Marion counties NA Road 37 to Interstate 69 from 2024 Murphy & Tilly Inc., Lochmueller 1 Martinsville to Indianapolis, Group Inc., WSP associated improvements to I-465 Criminal Justice Center $571.0 million 50-acre community justice campus June 2018 city of Indianapolis HOK, K2M Design, DLZ, American Structurepoint, Shiel Sexton Co. Inc., Prospect Street and Keystone Avenue 1.3 million including 3,000-bed jail, five-level Dec. 2021 Elevatus Architecture, Lynch Harrison & Brumleve, AECOM Hunt, F.A. 2 courthouse for civil and criminal Schmidt Associates, Schmidt Associates, Wilhelm Construction courts, three-level sheriff's office, CBRE | Heery CMID Engineering Co. Inc. Assessment and Intervention Center Bottleworks District $300.0 million West Elm Hotel, offices, retail, Oct. 2017 Hendricks Eppstein Uhen Civil & Environmental The Hagerman Group College and Massachusetts avenues 1.4 million housing, restaurants, entertainment July 2020 Commercial Architects, Ratio Consultants Inc., ARSEE 3 Properties Engineers, Fink Roberts & Petrie, Circle Design Group White River and Lower Pogue's Run $199.5 million 250-foot-deep, 7.6-mile-long rock June 2016 Citizens Energy NA Black & Veatch, AECOM Shea-Kiewit joint 4 Deep Tunnel Project DND tunnel to capture and store June 2021 Group venture Indianapolis combined sewer overflow Community Hospital East campus $175.0 million consolidation and renovation of June 2015 Community Health TEG Architects, BSA LifeStructures, Pepper Construction 5 redevelopment 537,000 existing hospital campus, June 2020 Network RTKL Associates JPS Consulting Engineers Company of Indiana 1500 N. Ritter Ave. construction of 155-bed tower and emergency department Midtown $150.0 million Allied Solutions, F.C. Tucker, July 2016 Ambrose Property Ratio, Studio M, CSO Civil & Environmental Consultants F.A. Wilhelm North Rangeline Road and Elm Street, 500,000 MJ Insurance, Sun King Spirits, July 2021 Group, Old Town Architects Inc., Weaver Inc., CrossRoad Engineers PC Construction Co. Inc., 6 Carmel Midtown Flats by J.C. Hart Development, Sherman, Axis Garmong , J.C. Hart J.C. Hart, Sun King The Yard at Fishers District $150.0 million culinary-focused retail development May 2018 Thompson Thrift Butler Design Group, Kimley Horn Thompson Thrift 116th Street and IKEA Way, Fishers 180,000 including culinary incubator, hotel Jan. 2020 Retail Group Woolpert, Studio M Construction 6 and mixed-use development Rolls-Royce plant renovations $140.0 million campus modernization and Sept. 2015 Rolls-Royce BRPH BRPH Pepper Construction 2001 S. Tibbs Ave. 1.0 million consolidation plan including facility, May 2019 Company of Indiana 8 equipment and infrastructure improvements 16 Tech Phase I $130.0 million 60-acre tech-focused district with Dec. 2018 16 Tech Ayers Saint Gross, American Structurepoint Inc., BSA Browning, 16 Tech Waterway Boulevard west of downtown 390,000 offices, laboratories, housing and May 2020 Community Corp. BSA LifeStructures, LifeStructures, JPS Consulting Community Corp. 9 retail space Schott Design Engineers LLC, Shrewsberry & Associates Indiana NeuroDiagnostic Institute $120.0 million hospital and treatment center for Jan. 2017 state of Indiana BSA Lifestructures BSA Lifestructures Pepper Construction 5435 E. 16th St. 239,000 acute and chronic mental health April 2019 Company of Indiana 10 and neurological disorders CityWay II $110.0 million apartment buildings, retail and Aug. 2016 Buckingham Cos. OZ Architecture V3 Cos., McComas Engineering, Buckingham Cos., F.A. Virginia and Louisiana streets 530,979 office space, parking structure Nov. 2019 Lynch Harrison & Brumleve Wilhelm Construction 11 Co. Inc. IndyGo Red Line BRT Phase 1 $96.3 million 13.1-mile bus rapid transit line May 2018 IndyGo CDM Smith Inc. CDM Smith Inc., American HNTB Inc., Rieth-Riley 66th Street and College Avenue DND including 27 new stations with 20 Oct. 2019 Structurepoint, VS, Etica Group Construction Co. Inc., 12 to Shelby Street and Hanna Avenue center boarding platforms and seven F.A. Wilhelm curbside stations Construction Co. Indiana University Health Riley $89.5 million renovation of four floors to house March 2018 Indiana University BSA LifeStructures BSA LifeStructures Messer Construction 13 Hospital for Children Maternity and 197,500 labor and delivery unit, new 45-bed Jan. 2020 Health Co. Newborn Health Level 3 neonatal intensive care unit 705 Riley Hospital Drive and postpartum unit Indiana University Health West $83.0 million addition of 46 inpatient beds, Oct. 2018 Indiana University BSA LifeStructures BSA LifeStructures Turner Construction 14 Hospital expansion 116,358 operating room, support services Sept. 2020 Health Co., Harmon 1111 Ronald Reagan Parkway, Avon space Construction Hyatt House/Hyatt Place Hotel $81.4 million 15-story, 316-room downtown hotel Sept. 2017 Indy Penn Center Ratio Fink Roberts & Petrie, Civil & F.A. Wilhelm Pennsylvania and Georgia streets 208,000 with pedestrian connector to March 2019 Hotel Owner LLC Environmental Consultants Inc. Construction Co. Inc. 15 eight-level parking structure c/o HRI Properties LLC Brownsburg High School addition $81.0 million new classrooms, science labs, Nov. 2016 Brownsburg CSO Architects Inc. Context Engineering Co., Lynch Meyer Najem 1000 S. Odell St., Brownsburg 641,037 central mechanical room; renovation July 2020 Community School Harrison & Brumleve, Construction 16 of classrooms, corridors, auditorium Corp. R.E. Dimond & Associates 220 N. Meridian Tower $80.4 million mixed-use redevelopment with 160 Jan. 2019 Keystone Group CSO Architects Inc. DND Keystone Group 220 N. Meridian St. 555,453 apartments, parking garage, offices Jan. 2021 17 and first-floor retail at former AT&T Building KAR Auction Services headquarters $80.0 million corporate headquarters March 2018 Karmel Property Ratio Civil & Environmental Consultants Shiel Sexton Co. Inc. North Illinois and West 111th streets, 250,000 June 2019 LLC Inc., Walker Parking, RTM, 18 Carmel Snelling Engineering I-69 Madison County $79.0 million add eight miles of additional travel July 2018 INDOT NA DND Walsh Construction Madison and Delaware counties NA lanes, six miles of pavement and July 2020 Co., Rieth-Riley 19 bridge maintenance Construction Co. Inc. Westfield Washington Schools $79.0 million additions and renovations to middle April 2018 Westfield DND DND The Skillman Corp. 345 W. Hoover St., 326 W. Main St., 426,000 school, intermediate school and Dec. 2020 Washington 19 18250 N. Union St., Westfield high school Schools The Proscenium $70.0 million mixed-use development with Nov. 2017 Anderson Birkla Woolpert Woolpert The Hagerman Group Carmel Drive and Rangeline Road, Carmel 500,000 residential, retail and office space, April 2020 21 fitness club, underground parking The Whit $65.0 million 334 luxury apartments above Oct. 2016 TWG Development Browning Day Mullins SCA Consulting Engineers, TWG Construction LLC 307 N. Pennsylvania St. 462,644 first-floor retail March 2019 LLC Dierdorf Enverity Engineering, 22 VS Engineering Washington Township middle $62.8 million additions and renovations to Feb. 2019 MSD of Schmidt Associates KBSO Consulting LLC, Schmidt The Hagerman Group, 23 schools 358,776 Eastwood Middle School and Aug. 2021 Washington Associates, Shrewsberry Powers & Sons 4401 E. 62nd St., 1301 W. 73rd St. Westlane Middle School Township Associates, Lynch Harrison & Construction Co., Brumleve, Design 27 CorGroup JV Penrose on Mass $62.4 million 236 apartment units above 37,000 Jan. 2016 J.C. Hart Co., Schmidt Associates Schmidt Associates, Lynch J.C. Hart Co. Inc., 500 Massachusetts Ave. 450,000 square feet of retail May 2019 Strongbox Harrison & Brumleve F.A. Wilhelm, Powers 24 Commercial & Sons Construction Co. Inc. InterContinental Hotel $61.4 million 180-room luxury hotel including Dec. 2018 Keystone Group Ratio, Gettys DND Keystone Group 17 W. Market St. 149,780 rooftop restaurant and bar at former Dec. 2020 25 Illinois Building

Research by Terry Sowka (current as of Feb. 15, 2019) Email: [email protected] Some projects may have been omitted due to Information was provided by the individual lack of information or deadline restrictions. architects, engineers, construction companies and developers and has not been independently DND=did not disclose The Indianapolis Business Journal list of largest verified. INDOT=Indiana Department of Transportation Indianapolis-area ongoing construction projects LLC=limited liability company is the most comprehensive available. For copies of Top 25 lists are compiled each December in the (1) ongoing as of March 1, 2019 MSD=metropolitan school district this list, go to www.IBJ.com and click on the "lists" Book of Lists. (2) includes soft costs, excluding land NA=not applicable link. Largest Indianapolis-Area Ongoing Construction Projects(1) (Ranked by estimated cost (2))

GENERAL ESTIMATED START CONTRACTOR(S)/ PROJECT COST DESCRIPTION/ COMPLETION CONSTRUCTION RANK LOCATION SQUARE FEET MAJOR TENANT TARGET OWNER(S) ARCHITECT(S) ENGINEER(S) MANAGER(S) Indiana University Health North $55.0 million two-story cancer center with March 2018 Indiana University MSKTD & Associates AEI, JPS Consulting Engineers, Messer Construction 26 Hospital Joe and Shelly Schwarz 88,000 radiation oncology, chemotherapy Sept. 2020 Health Paul I. Cripe Inc. Co. Cancer Center infusion rooms, pharmacy, 116th and Illinois streets, Carmel laboratory, creative support programs The Ardmore $45.0 million five-story, 131-unit apartment Jan. 2019 Gershman Blackline Civil and Environmental Shiel Sexton Co. Inc. New York and Delaware streets 141,563 building with 20,000 square feet of Oct. 2020 Partners, Deylen Consultants Inc., TEC Engineering, 27 ground-level retail, parking Realty Inc. CE Solutions Butler University Andre B. Lacy $45.0 million 110,000-square-foot business June 2017 Butler University CSO Architects, IMEG Corp., Fink Roberts & Messer Construction 27 School of Business 75,000 building with collaborative April 2019 Goody Clancy Petrie, Paul I. Cripe Inc., Co. Butler University classrooms, computer labs, food Design 27, Context Engineering service, faculty offices, rooftop deck 96th Street corridor $42.0 million reconstructing Keystone Parkway July 2017 city of Carmel NA CHA Consulting Inc., United Rieth-Riely 96th Street and Keystone Parkway, Carmel DND from I-465 to 98th Street; adding Dec. 2019 Consulting, American Construction Co. Inc. 29 roundabouts on 96th Street from Structurepoint Inc. Haverstick Road to Hazel Dell Parkway; multi-use path Johnson Memorial Hospital $42.0 million 17,400-square-foot emergency Aug. 2017 Johnson Memorial Paul I. Cripe Inc. Paul I. Cripe Inc., Worldwide Turner Construction 29 expansion 50,400 department and ambulance bay, Nov. 2019 Health Engineering, McComas Co. 1125 W. Jefferson St., Franklin 33,000 square feet of outpatient Engineering services The Arbuckle $40.0 million mixed-use development with 208 Aug. 2017 Flaherty & Collins CSO Architects Inc. V3 Cos., Flaherty & Collins 7249 Arbuckle Commons, Brownsburg 391,502 apartments, 7,500 square feet of April 2019 Properties Lynch Harrison & Brumleve Construction 31 retail, parking garage Witham Health Services North $40.0 million medical office building, July 2017 Witham Memorial Array Architect + Interiors CMTA Engineers, Meyer Najem 31 Pavilion addition 94,000 outpatient services Aug. 2019 Hospital Lynch Harrison & Brumleve Construction 2505 N. Lebanon St., Lebanon The Assembly $38.8 million renovation of four-story Ford Model T June 2018 TWG Development Axis Architecture + KBSO Consulting, Lynch Harrison TWG Construction LLC 1301 E. Washington St. 150,000 assembly plant into 132 apartments Dec. 2019 LLC Interiors, Ratio & Brumleve, Snelling Engineering, 33 and 36,000 square feet of Architects, TWG Hitchcock Design Group commercial space Development LLC Indianapolis Airport Authority Storm $35.0 million modifications to storm water deicing July 2018 Indianapolis DND DND Hunt Construction 34 Water Deicing Infrastructure DND infrastructure June 2019 Airport Authority Group Inc. Indianapolis International Airport The Gables $34.5 million 274-unit apartment complex June 2017 Gables LP Herman & Kittle Northpointe Engineering & Herman & Kittle 35 1257 Cottages Way, Greenwood 277,285 April 2019 Properties Inc. Surveying Inc. Properties Inc. Upper Pogue's Run Combined Sewer $32.0 million consolidation sewers and storage July 2017 Citizens Energy NA DLZ, AECOM Shea-Kiewit joint 36 Overflow Abatement DND facilities to divert and capture Nov. 2019 Group venture Indianapolis combined sewer overflows Compass Park Skilled Nursing $30.0 million two-story, 160-bed skilled-nursing June 2017 Indiana Masonic Browning Day Mullins Mussett Nicholas & Associates, Shiel Sexton Co. Inc. 37 and Rehabilitation Center 125,109 and rehabilitation center including March 2019 Home Dierdorf Lawson Elser Inc., V3 Cos. 690 State St., Franklin dining facilities and therapy pool Grid $30.0 million 175 apartment units, attached Feb. 2019 Milhaus KTGY Architects Civil & Environmental Consultants Milhaus Construction 37 550 E. Washington St. 175,000 parking garage Jan. 2021 Inc. LLC Monon Boulevard $30.0 million trail and roadway at Monon Trail Sept. 2017 city of Carmel DND CrossRoad Engineers White Construction Carmel DND corridor from Main Street to 6th Sept. 2019 37 Street SW, including parking and 54-foot median with separate bicycle and pedestrian paths Mosaic Apartments $29.5 million 264-unit apartment complex June 2017 Mosaic Herman & Kittle Weihe Engineers Inc. Herman & Kittle 40 8155 Montage Ave., Avon 300,595 June 2019 Apartments LLC Properties Inc. Properties Inc. Spectra Premium Corp. build-to-suit $26.0 million auto parts warehouse Dec. 2018 Becknell Industrial Curran Architecture Veridus Engineering Becknell Industrial 41 Alliance Interstate Park, Greenfield 539,943 Dec. 2019 32 Union $25.0 million 210-unit apartment complex July 2017 TWG Development TWG Development LLC Weihe Engineers, Nehil-Sivak, TWG Construction LLC State Road 32 and Union Chapel Road, 225,000 March 2019 LLC Latimer Somers & Associates 42 Noblesville Franciscan Health Mooresville $25.0 million Franciscan Health Mooresville Jan. 2019 Franciscan Health DND DND Tonn and Blank 42 infrastructure upgrade DND 2020 Construction 1201 Hadley Road, Mooresville Lower Pogue's Run Combined $25.0 million consolidation sewers to divert and Feb. 2018 Citizens Energy NA WSP USA, AECOM F.A. Wilhelm 44 Consolidation Sewer DND convey combined sewer overflows to July 2020 Group Construction Co. Inc. Indianapolis DigIndy Tunnel System Notch at Nora $24.4 million 186-unit apartment complex March 2018 TWG Development Fifth Dimension Genesis Engineering Group, TWG Construction LLC 8502 Westfield Blvd. 160,000 Aug. 2019 LLC Architecture & Interiors JPS Consulting Engineers, 45 VS Engineering, Hitchcock Design Group The MK $23.0 million mixed-use development with 100 Jan. 2017 Milhaus Ratio RE Dimond & Associates, Lawson Milhaus Construction 5858 N. College Ave. 168,000 apartments, retail, parking garage March 2019 Elser, Civil & Environmental LLC 46 Consultants Inc. Clearwater Elementary School $22.8 million elementary school for grades K-5 Oct. 2017 MSD of CSO Architects Inc., Infrastructure Engineering, The Skillman Corp. 3575 E. 79th St. 95,000 July 2019 Washington Jesse J. Wilkerson Context, Lynch Harrison & 47 Township Associates Brumleve, RM Consulting, Ross & Baruzzini, KBSO Willow Lake Elementary School $22.8 million elementary school for grades K-5 Oct. 2017 MSD of CSO Architects Inc. Infrastructure Engineering, Smoot Construction 7600 Harcourt Road 95,000 July 2019 Washington Context, Lynch Harrison & 47 Township Brumleve, RM Consulting, Ross & Baruzzini, KBSO Southeastern Elementary School $22.6 million elementary school for grades K-4 Dec. 2017 Hamilton CSO Architects Inc. Lynch Harrison & Brumleve, The Hagerman Group 12500 Cyntheanne Road, Fishers 92,842 June 2019 Southeastern Heapy Engineering, 49 Schools A&F Engineering Echelon at Greenwood Springs $21.5 million 180-unit apartment complex Feb. 2019 The Garrett Cos. The Architecture Studio Projects Plus Garrett Construction 50 County Line Road and I-65, Greenwood 262,700 Oct. 2020 Co.