Sports Venues

City OKs $10M in street upgrades for natatorium plan

August 6, 2014
 IBJ Staff
The Indianapolis Metropolitan Development Commission on Wednesday approved $10 million in downtown tax-increment financing funds to pay for street improvements on the IUPUI campus. The contribution works in conjunction with IUPUI's $20 million overhaul of the IU Natatorium.
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Ten-acre parcel near Colts stadium hits the market

August 6, 2014
Scott Olson
The vacant property west of Lucas Oil Stadium could get a boost from redevelopment efforts at the former GM stamping plant site just across White River.
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City focuses on streets in $30M natatorium plan

July 14, 2014
Kathleen McLaughlin
Mayor Greg Ballard on Monday morning unveiled details of the plan, in which IUPUI and Lilly Endowment each contribute $10 million for the IU Natatorium renovation. The city's $10 million part of the plan involves nearby streets.
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Group backs out of deal for Anderson's Wigwam

July 9, 2014
Associated Press
Officials say a private group has decided not to take over Anderson's closed Wigwam gymnasium, leaving the fate of the 9,000-seat venue uncertain.
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Latest plan for natatorium includes IUPUI expansion

July 3, 2014
Kathleen McLaughlin
The city of Indianapolis, IUPUI and Lilly Endowment are preparing to unveil a broad plan for the west end of downtown and Haughville.
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City quietly scales back World Sports Park

June 28, 2014
Kathleen McLaughlin
Indianapolis is reining in costs and dialing back ambition at the new east-side World Sports Park. The park, which will be home to one of the few premier cricket fields in the United States, is coming in about $1 million under its $6 million budget because it will have fewer features than planned.
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Ownership change backed for Anderson's Wigwam gym

June 11, 2014
Associated Press
The Anderson School Board is backing a plan that would give a private group control of the closed Wigwam gymnasium if it can come up with the money to reopen it.
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Indy lands Big Ten championships through 2022

June 5, 2014
 IBJ Staff
Football will stay at Lucas Oil Stadium, and basketball will alternate with Chicago. The move allays suspicion that the conference intended to shift championship play to East Coast venues.
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Indy 500 revels in tradition, embraces changes

May 23, 2014
Jessica Wray, The Statehouse File
The hallowed race is straddling a fine line as it tries to please longtime devotees and makes a raft of upgrades to the track and viewing experience designed to secure new fans.
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Ownership switch eyed for Anderson's Wigwam gym

May 22, 2014
Associated Press
Officials are working on the details of transferring ownership of Anderson's iconic Wigwam gymnasium to the city as part of the effort to save it.
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Indianapolis loses Super Bowl bid to Minneapolis and its new stadium

May 20, 2014
Bloomberg News, Anthony Schoettle
Despite having what several NFL executives said was the strongest proposal, Indianapolis lost out on hosting the 2018 championship game to a city with a new, $975 million stadium in the wings.
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Bowl bid focuses on football safety, with Saturday at center of pitch

May 19, 2014
Anthony Schoettle
Indianapolis is betting that an ambitious project to study safety issues at all levels of football, plus expanding and snazzing up the Super Bowl Village, will help win the 2018 Super Bowl. And Jeff Saturday will help deliver the message.
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Cricket-association turmoil imperils local eventRestricted Content

May 10, 2014
Anthony Schoettle
Turmoil within the USA Cricket Association could jeopardize the organization’s national championship set for Indianapolis’ new World Sports Park in August, though local officials remain confident the event will happen.
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CIB OKs Pacers subsidy after promise of no additional taxes

April 14, 2014
Anthony Schoettle
The city’s Capital Improvement Board on Monday afternoon unanimously approved a $160 million, 10-year finance package to the Indiana Pacers for the operations of Bankers Life Fieldhouse.
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CIB chief: $160M Pacers deal won't require tax hike

April 11, 2014
Greg Andrews
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
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Indy Fuel sign 5-year farm pact with Chicago Blackhawks

April 1, 2014
 IBJ Staff
Given the fan following for the Stanley Cup champion Blackhawks in central Indiana, the agreement stands to be a significant boost for the Fuel, who begin play in October at the renovated Indiana State Fairgrounds Coliseum.
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Kentucky teams drive surge in demand for Indy's NCAA regional

March 24, 2014
Anthony Schoettle
Demand for tickets and local hotel rooms spiked once it became clear that Kentucky and Louisville would meet in the Sweet Sixteen at Lucas Oil Stadium this weekend.
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Westfield hopes to make money on Grand Park's ancillary development

March 22, 2014
Andrea Muirragui Davis
As competition kicks off at Westfield’s sprawling Grand Park Sports Campus, city leaders are working to recruit corporate partners willing to support their field of dreams.
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As lease expiration nears, Indians continue years of investment in Victory FieldRestricted Content

March 22, 2014
Anthony Schoettle
For almost 18 years, the Indianapolis Indians have poured tens of millions of dollars into Victory Field while the city has spent hardly a dime.
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Speedway outsources concession stand operations

March 7, 2014
Anthony Schoettle
The Indianapolis Motor Speedway on Friday reached a multiyear deal with Illinois-based Levy Restaurants to operate concession stands and manage premium beverage operations during major events.
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Soccer team owner concedes battle for stadium funds this year

March 6, 2014
 IBJ Staff
The owner of the Indy Eleven soccer franchise has conceded that his push for state financing help for a proposed 18,500-seat, $87 million stadium in Indianapolis will have to wait on the bench for another legislative session.
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Big Ten men's basketball tourney already sold out

February 24, 2014
 IBJ Staff
The tournament is returning to downtown’s Bankers Life Fieldhouse after being played at the United Center in Chicago a year ago. It will be the ninth time Indianapolis has hosted the tournament in the event's 16-year history.
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Indy Eleven says new stadium crucial for long-term successRestricted Content

February 22, 2014
Anthony Schoettle
The Indy Eleven won’t play its first game for nearly seven weeks. But officials with the North American Soccer League franchise say there’s already an urgent need to plow ahead with building the team an $87 million stadium.
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Vintage-car entrants for Speedway race zoom past maximum

February 18, 2014
Anthony Schoettle
The rush of drivers trying to enter a new vintage car race at the IMS was so fast and furious that the event promoter has been forced to turn away many of them.
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Team owner pitches lawmakers on soccer stadium

February 14, 2014
Kathleen McLaughlin
Indy Eleven owner Ersal Ozdemir fielded questions from legislators Thursday about the $87 million, state-financed outdoor stadium he has proposed. The meeting started with a warm reception for Ozdemir, and lacked any testimony against the plan.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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