Lucas Oil is looking good

January 25, 2008
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Lucas Oil StadiumMore than 1,000 workers a day in two shifts are scrambling to finish Lucas Oil Stadium, installing everything from seats and concession stand equipment to portions of retractable roof. The executive director of the Indiana Stadium and Convention Building Authority, John P. Klipsch, said the stadium will be finished on Aug. 15, as scheduled. I toured the new stadium yesterday as a guest of the Concord Business Association. Contractors have temporarily enclosed some parts so progress can continue in the cold. Check out more photos from my tour here. The ISCBA plan to tear down the RCA Dome in April as long as they can convince the Colts their new stadium will be ready. What do you think?
  • Cory,

    How about something on the proposed re-zone in broad ripple? Maybe it won't get shot down this time. Whey they tried to rezone Mcnamara Florist site before it met staunch opposition!

    There was a neighborhood meeting Tues night.
  • ^^^Yes, I also would appreciate any info anyone has in regards to the meeting. Unfortunately, I have a job, unlike many of the busybody nimbys that oppose all development in BR, so I can't ever attend.
  • The LOS is looking good! I love how retro it is!
  • It looks like it will be finished, but at what cost? How far over budget is this giant stadium? I hadn't realized how big it was until I noticed you could see it from the phantom exit for the new airport!
  • You can also see it from Emerson & English, 6 miles west through the urban core.
  • WC, last I'd read, the stadium was on time and on budget.

    Looks great! LOS will be the catalyst for the next wave of downtown development...... the south side of downtown is in for a rebrith.....
  • oops, I meant to write ...LOOKING 6 miles west...

    Obviously Irvington is east of downtown.
  • I like a winning football team in Indianapolis as much as anyone ... well, maybe not ... I really think our values and efforts are misplaced. I see this building everyday coming in on I-70 from the west ... it is a monster. It overstates the obvious. That a pro-football team is of the utmost importance in Indianapolis. This last week I read where only between 47 and 50 % of the freshman class in IPS will graduate from high school. That is outrages. What kind of community are we trying to produce? I'll watch the Superbowl just like a lot of you will but I will be thinking about the vast number of members of our community that will be living without a minimum education.
  • We can't MAKE kids graduate by spending more money on schools, and it's a fallacy to imagine that not building LOS would somehow translate into more HS graduates.

    The only thing that will fix the graduation rate is for fathers to raise their sons. (Grad rate from IPS for boys, both black and white, is about 25%. Percentage of white kids born out of wedlock, 40%. Black, near 80%. The math is pretty straightforward.)

    This is a social problem that has nothing to do with football or stadiums. Just raise your son, or your wife's son, and make clear to him by example that education beyond HS is absolutely necessary. It requires effort: educating yourself, then 18 years of dedication to child-rearing, and a few personal sacrifices in those years.
  • heck even just making sure that your kid gets through HS is important!
  • Thank you, CDC Guy! And by the way, the Colts will use LOS less than 10 times per year. The major use of the LOS and its predecessor is other events, including conventions, which support one-half of the sales in the Circle City Mall as well as many restaurants and hotels.
  • Pictures show no ramps or handicap seating like Conseco Fieldhouse?
  • Jim -

    Of course there will be ramps and handicap seating. Code requires handicap seating and accessibilty to be scattered throughout of the stadium at each ticket price point. You have to provide handicap seating all over the stadium.
  • Your correct Say Anything. Code does require accommodation, yet it appears that was not driving design on this project.

    Take a look at these pictures of seating. Looks like a lot of stairs, no ramps, no space for wheel chairs like Conseco Fieldhouse.

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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.