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State funding for a predatory Live Nation is just unreal,
Agree that monopoly should have never been allowed by the FTC. It should be broken up.
While this will likely be a good development, I really don’t understand the need for State tax credits and a forgivable loan from the City. The Simon family can afford this w/o subsidies. Taxes already pay for Gainbridge and will pay for a new soccer stadium, if built. Also, Braun can try to blame this on the prior admin even though his new people were recently appointed.
And don’t forget we are still paying off the convention center and Lucas Oil Field.
+1
All this info in the article is nothing new, it was all published over the last several months and in 2024.
Plus this group is very smart and very successful in their development projects. No one else could have ever cleaned up that part of downtown unless it was a surface parking lot.
Yeah IBJ has gotten really lazy with their reporting. Most of their stories have been out for a while and they just glob onto someone else’s reporting.
Corey, I guess that’s why IBJ just recently won 10 journalism awards and Journalist of Year was Mickey Shuey. Yup….sounds like they are being lazy to me!
Hurray for Indianapolis. Apologies to other very needy cities and towns who could have benefited from these RTC’s. I am not sure that I would have prioritized this project over many other community developments in County Seats all over the state. If a prosperous Indianapolis is going to consume this volume of RTC’s, then I am in favor of the legislature allocating more RTC’s for the remainder of the state. Happy for Indianapolis. Hopeful for the rest of the state.
This development looks fantastic!