IBJNews

Lucas Oil lube shop 'on hold'

Back to TopCommentsE-mailPrint

Lucas Oil's plans to take its products to the mass market have been shelved.

The Corona, Calif.-based company said in May 2009 that it would open a 10,000-square-foot lube shop and car wash on U.S. 36 in Avon in October. The service center was to be an important effort by a company better known for its trucking and racing products to tap the consumer market.

But eight months after the scheduled opening, construction still has not begun.

Mike Wukmer, a partner at Ice Miller LLP who represents Lucas Oil, said the project is “on hold.”

“There were some issues that came up in regard to the structure of the deal,” he said, “and those have not been worked out yet.”

Lucas Oil was to partner with Indianapolis golf course owner and operator Jerry Hayslett on the $2 million station. Hayslett, director of golf at Eagle Creek Golf Club, said he’s no longer involved in the project but declined to elaborate.

Plans called for a 1,600-square-foot retail space where car owners could buy Lucas Oil-brand gear and learn about the company’s history. Founder Forrest Lucas, a native of Corydon, is a former truck driver. His company signed a $122 million, 20-year naming-rights contract for the home stadium of the Indianapolis Colts in 2006.

The company hired David Wagner, a Charlotte, N.C.-based architect, to design the Avon service center. Reached by phone, he also said he’s no longer involved in the project. He said Lucas Oil “decided to go in a different direction.”

The lube stations were to follow “green” building standards by using materials quarried in Indiana and by conserving water. Wagner said in May 2009 that he believed the project could be the first U.S. lube shop to meet the U.S. Green Building Council’s LEED standards.
 
Wukmer said the delay in the lube center’s construction is not a reflection on the company’s overall financial condition.

“The company is doing extremely well,” he said. “This has nothing to do with the operations of Lucas Oil.”

Lucas Oil still owns the property on which it is to build the lube center, Wukmer said. Colliers International, formerly Resource Commercial Real Estate, is the broker for adjoining land that is for sale.

Lucas Oil was little known outside trucking and racing until Lucas bought the naming rights to the Indianapolis Colts’ stadium.

ADVERTISEMENT

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. Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.

  2. Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!

  3. Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.

  4. As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.

  5. Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.

ADVERTISEMENT