Wesley Place

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker is pleased to present Wesley Place, a new, 244-home midrise apartment community bordering the Indiana University Health Campus just north of downtown Indianapolis. Built in 2023, Wesley Place offers thoughtfully designed studio, one- and two-bedroom apartments and a robust amenities package that cater to this healthcare-centric resident base. As the only luxury building in this transformative medical district, Wesley Place has proven out extraordinary demand and is now 94% leased without using concessions during lease-up.

Breaking ground in 2022, the IU Health Campus (IUHC) redevelopment and expansion will total $4.3 billion of investment making it the largest healthcare project in the US today. The new IU School of Medicine will be the first completed building and will start classes in 2025 followed by the three-tower flagship IU Hospital and supporting facilities delivering in 2027. Today, the existing IU Methodist Hospital & IU University Hospital combined rank as the #1 Hospital in Indiana and employ 15,000 healthcare workers. Wesley Place’s convenient location is less than a 10-minute walk to each of the new medical buildings on this state-of-the-art 44-acre campus and a short six-minute drive or red line bus ride from downtown Indianapolis.

This unbeatable “Meds & Eds” opportunity also features 10% affordable units—qualifying the property for an accretive tax abatement and mission-driven agency financing savings. Wesley Place is now available below replacement cost and free and clear of existing debt.