Plenary confirmed as developer for State Street Redevelopment project in Indiana
The City of West Lafayette and Purdue University Joint Board have confirmed Plenary Roads State Street as the developer for the State Street Redevelopment P3 Project in Indiana, United States.
The selected team that will carry out the project is composed of the following companies::
- 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 project is a collaborative effort between the City of West Lafayette and Purdue University. The goal is to remake State Street, from the Levee, through downtown West Lafayette and Purdue University, out to the newly opened western gateway, into a more desirable destination for the local community and visitors.
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