Property Lines - Scott Olson

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Real Estate & Retail

Board eyes building near Lucas Oil

June 6, 2008

Easterday propertyThe Capital Improvement Board likely will buy one-story building across the street from the new Lucas Oil Stadium. The board has an option to purchase the Easterday property, which it has been leasing for storage during the construction of the stadium, and is scheduled to consider exercising the option at a meeting Monday. Barney Levengood, the board's executive director, would not discuss specific plans for the property, saying he prefers to share plans with the board first. The city already controls a parking lot to the north, and the state is in the process of taking a 2.3-acre site to the east through eminent domain. In the short term, most of the land likely would be used for surface parking. What would you like to see as a long-term plan?
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