Republican and Democratic leaders of the City-County Council say they want the opportunity to fully debate a bill that would funnel state and local tax revenue to an 18,000-seat stadium that would be part of a larger mixed-use development.
Nearly 30 years after coming to Indianapolis to head the city’s convention efforts, Barney Levengood is retiring later this year.
The professional soccer team is pushing for a 20,000-seat stadium as part of a real estate district featuring lodging, office and retail space, an underground parking structure and apartments.
The Indianapolis Parks Department is proposing the creation of public-private partnership involving a health care provider to help pay for a new family event center at Broad Ripple Park.
The Capital Improvement Board of Managers will ask lawmakers for more long-term funding that could be used in part for improvements at Bankers Life Fieldhouse. The governor says he’s ready to listen.
The city’s tourism agency plans to ask the Marion County Capital Improvement Board of Managers for an increase in funding, but is planning a slightly smaller overall budget in 2019.
The $200 million in upgrades to the Atlanta Hawks’ arena might provide hints as to what Pacers Sports & Entertainment is seeking in hush-hush negotiations with the Capital Improvement Board.
The Capital Improvement Board will seek at least $8 million from lawmakers to help fund what officials say will be a 25-year plan for improvements in the Indiana Convention Center, Bankers Life Fieldhouse and other facilities the CIB owns.
City convention officials are gearing up for a big financial ask of the Indiana General Assembly next year as they set out on a $120 million expansion of the Indiana Convention Center at Pan Am Plaza.
The Capital Improvement Board has selected a Kite Realty Group plan from among three proposals in its effort to expand the city’s convention capacity. The CIB is expected to vote Friday to move the project forward.
The Capital Improvement Board unanimously approved the deal, which will bring the technology up to today’s standards as well as include some enhancements requested by the Indianapolis Colts.
Whether Seattle-based Gen Con and local officials can now reach an understanding on technology could spell the difference between Indianapolis’ hanging onto its most prized convention and potentially losing it to another city.
Suite holders at Victory Field this season will be treated to a major renovation of the private rooms as part of an ongoing $6 million upgrade to the aging ballpark.
Eric Neuburger, hired in April to run Lucas Oil Stadium, hopes to draw more conventions and other non-sports events to the $720 million venue.
CIB attorneys had sought to block the IRS from deposing former presidents Pat Early, Bob Grand and Ann Lathrop in a legal dispute stemming from a 2009 deal that transferred full ownership of the Indiana Pacers to Herb Simon.
Three former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers' finances during discussions with the team.
CIB Executive Director Barney Levengood implored the board not to be overly concerned about the projected $46 million shortfall. The City-County Council is set consider the budget at its Sept. 25 meeting.
The annual report of the city’s Capital Improvement Board shows the number of events at the Indiana Convention Center and Lucas Oil Stadium—and the total attendance for those events—fell sharply from 2014 to 2015.
Melina Kennedy had a busy first day as president of the Capital Improvement Board but says she hasn’t been approached by Mayor Joe Hogsett or City-County Council members about shaking up the board’s finances—yet.
Mayor Joe Hogsett has put his own stamp on the board that owns most of the city’s major sports facilities and oversees its relationship with pro teams.
