The City of Evansville says its proposed location for the new Indiana University Medical School is land covering six blocks in downtown Evansville - bounded by SE 4th Street, Cherry Street, SE 6th Street and Locust Street.
The area selected is directly next to the future downtown convention hotel.
Mayor Lloyd Winnecke says the IU Medical School has a potential economic impact of $340 million by 2020.
Three businesses are currently located on the land for the proposed medical school location - Townsquare Media, D Patrick Ford and Deaconess Clinic.
Officials say they have secured the necessary options to demolish the Townsquare Media building and D Patrick Ford.
Deaconess says the proposed location will not affect their clinic. Their physicians offices and other clinic services will remain in their current location and be situated adjacent to the new medical campus.
Deaconess 14News they are "happy to participate in the planning process" for a inter-professional medical campus in the Tri-State.'
Proposals for the medical school were due to Indiana University by 1:00 p.m. Evansville time on Friday.
Warrick County officials and The Martin Group have also laid out pitches for the medical school and are expected to submit official proposals.
There could be a proposal from the University of Southern Indiana, the current site of the IU Medical School in Evansville, or others as well.
The proposals must include plans for a facility that is a minimum of 170-thousand square feet with room to expand. The facility also needs to be ready for occupancy by July 1, 2017.
IU says it will make a list of complete proposals public on its web site about a week after Friday's deadline.
After that, the evaluation process will begin and IU will start arranging interviews with firms.
IU says it will not release the actual proposals themselves or make any comment about what they involve.
The University plans to have approval from its Board of Trustees on site selection in April, with a goal of construction on the med school starting in 2015.
1115 Mt. Auburn Road
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