IBJNews

Estridge drops Westfield sports complex, still plans stadium

Back to TopCommentsE-mailPrintBookmark and Share

The Estridge Cos. has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development in Westfield.

The Carmel-based home builder and developer had envisioned about 150 acres of youth sports fields as part of its 1,500-acre Symphony development, but the Westfield Sports Commission is looking for about 300 acres for its youth sports complex—about the size of the King's Island theme park.

The $1 billion Symphony project still calls for a 5,000-seat multipurpose stadium that would host an independent, minor-league baseball team, along with a new YMCA branch.

“As time went on, it become apparent to us that the Sports Commission’s real intent was to do something much larger, on a grander scale,” CEO Paul Estridge Jr. said in an interview. “For us, we don’t think that fits in the vision of Symphony.”

The sports complex is part of the mayor’s vision to establish the fast-growing Hamilton County suburb as the “Family Sports Capital of America.”

Estridge had submitted a proposal to develop the sports complex as part of its Symphony development, along Towne Road between 146th and 161st streets. Competing proposals came from local developer Chris R. White (for a site north of downtown Westfield), and a team including developers Beau Wilfong and Steve Henke (for property north of State Road 32 and west of U.S. 31).

Westfield Mayor Andy Cook expects the project to move forward, despite Estridge’s decision, and thinks a developer could be named within the next three weeks.

“The sports group has always asked for 300 acres; Estridge is determined he can only discuss 150 acres,” Cook said. “Based on his decision to stick with 150 acres, I think what he’s saying is that, 'I can’t make that work dollars-and-cents- wise, so I’m going to pull out.'”

Cook said creating the 300-acre sports complex could help the city spread the tax burden on the town's 20,000 residents to something other than residential development.

Estridge said he has landed a verbal commitment for a minor-league baseball team to play in Symphony's new outdoor stadium.

In addition, Symphony would include condominiums and apartments, and also retail shops, restaurants and hotels. The project already features the Wood Wind Golf Club.

Westfield’s Advisory Plan Commission still is considering the plans after hearing details of the project for the first time at a June meeting.

Estridge is asking Westfield to invest $70 million in the project to fund roads and sewers, as well as the stadium, which has a preliminary price tag of $15 million. Establishing a tax-increment financing district could help the city pay for the infrastructure improvements and stadium project, Cook said.

ADVERTISEMENT

  • poor choice
    Building a 300 acre sports coplex is ridiculus. to make real money it would be better to build a higher quility park in a smaller area. Big League Dreams builds replica parks on 30-60 acre lots that bring cities 400k annually with a profit sharing agreement. and do it for only 15-20M and take care of the maintnence of the park.
  • Does anyone think this will work?
    I honestly don't know what Westfield Sports Commission is thinking. Do they really think a sports complex as large as King's Island will succeed? They may believe Westfield is the center of the universe, but to the rest of us it is not exactly centrally located. When a big, big thinker like Paul Estridge thinks the idea is too big, you should know you are in trouble.

    All I can figure out is that all of the huge egos in Westfield are telling themselves this makes sense and are simply ignoring anyone who is telling them it won't work.
  • common sense
    Perhaps Estridge has finally come to terms that they are biting off more than they could chew. Its a little disheartening to think they would invest so much in a project they can't handle, when they should be fulfilling the promises they made to Rock Bridge and other communities
  • I hate sprawl
    146th Street is already far enough out into the countryside. We don't need to keep building new infrastructure further out - when there is plenty of land further in - with infrastructure - that can be developed or re-developed.
  • No To Bad Ideas
    The City should not give Estridge $70MM for this development. It's a terrible idea by a builder on the brink of bankruptcy.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

  5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?

ADVERTISEMENT