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Stadium contractor Irish ends operations

Jennifer Whitson
May 19, 2008
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The Frank E. Irish Co., a large Indianapolis mechanical-contracting firm that's been working on Lucas Oil Stadium, has ceased operations, according to company President John T. Irish.

Irish said the company is striving to find alternative financing in the wake of current lender National City Bank's move on Friday to shut down the contractor's operations.

He said company leaders had been downtown talking with potential providers of that financing when they returned to find themselves locked out of their own headquarters.

Irish denied the company's financial condition warranted National City's drastic action. "We've never had a loss year in our 92 years," he said.

Though the company holds some of the construction contracts for Lucas Oil Stadium, Irish said he is confident the lock-out will be temporary and won't delay the project.

"The stadium is fine," he said. "We're a victim of circumstances but we'll work our way out of this."

A National City spokeswoman was not immediately available for comment.

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  1. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

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