Plenary Confirmed as Developer for State Street Redevelopment Project
Published 22 February 2016WEST LAFAYETTE, INDIANA – Following a public hearing on 11 February 2016 the City of West Lafayette and Purdue University, through their Joint Board, have confirmed Plenary Roads State Street as the developer for the State Street Redevelopment Project.
The Plenary Roads State Street consortium comprises:
- Plenary Group USA Ltd. (Equity)
- Rieth-Riley Construction Co. Inc. (Lead contractor)
- Janssen & Spaans Engineering Inc. (Lead engineer)
- Shrewsberry & Associates LLC. (Landscape architect)
The Joint Board expects to achieve Commercial Close by the end of March, with Financial Close to occur soon thereafter.
It is expected that construction will begin in the summer of 2016, with completion anticipated by the end of 2018.
The State Street Redevelopment Project is a collaborative effort between the City of West Lafayette and Purdue University to improve quality of life by transforming State Street into a more desirable destination for the local community and visitors.
More information about the project can be found here.
Image Caption: The intersection of Stadium and University, with the Iconic Resident Hall Cary Quadrangle in the foreground.
Stephanie WilliamsonVice President, Corporate Affairs
+1 604 638 5260
+1 604 418 2722
stephanie.williamson@plenarygroup.com