The Indiana Orthopedic Institute is the first tenant at Noblesville’s Innovation Mile.
NOBLESVILLE, IN (February 14, 2025) – On Thursday, the City of Noblesville joined the Indiana Orthopedic Institute (IOI) to officially cut the ribbon on the institute’s flagship facility, a $35 million, 38,000-square-foot surgery center facility and medical office building dedicated to advanced orthopedic care, specializing in hip and knee replacement. This facility is the first tenant at Noblesville’s Innovation Mile, 600 acres fronting Interstate 69. This district is a work, live, play, engage, and learn community designed to drive sustainable economic growth in Noblesville. Innovation Mile will become a dynamic business and technology hub that will serve as an anchor for revolutionary thinking and a gateway for innovation.
Left to Right: City of Noblesville Deputy Mayor Matt Light, Noblesville Economic Development Director Andrew Murray, Indiana Orthopedic Institute Founder & CEO Dr. Michael Meneghini, Noblesville Mayor Chris Jensen, Indiana Orthopedic Institute COO & CFO Jennifer Fry, and Noblesville Community Development Director Sarah Reed.
“Officially cutting the ribbon on the Indiana Orthopedic Institute is a major milestone at Noblesville’s Innovation Mile,” said Noblesville Mayor Chris Jensen. “I want to officially welcome Dr. Meneghini and his team to Noblesville and thank them for their investment in this innovation district and our community. I look forward to hearing of their success now that they are officially open to offer world-class medical care to patients.”
IOI is a statewide orthopedic enterprise founded and led by Dr. Michael Meneghini, an internationally recognized orthopedic surgeon, researcher, educator, and pioneer in outpatient joint replacement and computer-assisted surgical techniques. IOI will employ approximately 52 individuals, and its new state-of-the-art facility will feature an impressive array of services and technology, including an ambulatory surgery center, advanced operating rooms, orthopedic clinics, and x-ray suites, among others.
“We are beyond excited to bring our vision of an orthopedic ‘hospital of the future’ to the residents of Noblesville, the surrounding communities, and the entire state of Indiana,” said Dr. Meneghini. “After three years of meticulous planning and construction, it’s incredibly rewarding to see this vision come to life. It’s a privilege to be part of something we believe will profoundly impact the lives of those we serve. I’d like to extend my heartfelt thanks to Mayor Chris Jensen and the City of Noblesville for warmly welcoming us. We look forward to becoming an integral part of this community, providing the highest quality orthopedic care and service to every patient.”
Innovation Mile also will be home to a 3,400+ seat arena that will be the future home of the Indiana Pacers G League franchise.
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