City-County Council panel OKs funding plan for CIB, holds off on Pacers plan
The Rules and Public Policy Committee on Tuesday decided to table two items related to a long-term deal with the Indiana Pacers.
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Westfield set to pay Grand Park tenant $625,000 over lease dispute
The city of Westfield has quietly used its Grand Junction tax increment financing fund to begin settling a lease disagreement with NinjaZone, which comes after the inaugural Colts Camp at Grand Park last summer took over the events center because of inclement weather.
City commission OKs sports development area expansion crucial for CIB
The Metropolitan Development Commission voted unanimously Wednesday to approve a resolution expanding the city’s primary professional sports development area, or PSDA, to include nine additional downtown hotels.
IBJ Podcast: Funding the CIB and the Pacers’ 25-year, $800 million deal
Podcast host Mason King talks with IBJ reporters Lindsey Erdody and Mickey Shuey about the legislation the General Assembly passed to help fund a 25-year, $800 million deal with the Indiana Pacers.
Lawmakers send funding bill for Pacers, soccer stadium to governor
State lawmakers have given their final approval to legislation that creates funding plans for most of a $360 million renovation of Bankers Life Fieldhouse and the construction of a $150 million soccer stadium for the Indy Eleven.
Lawmakers poised for final approval of bill to fund Pacers deal, soccer stadium
State lawmakers are done making changes to legislation that would provide millions in additional revenue to the Capital Improvement Board, help keep the Indiana Pacers in Indianapolis for the next 25 years and potentially support a permanent soccer stadium for the Indy Eleven.
Peyton Manning goes deep with pass at NFL’s storied history
The former Indianapolis Colts quarterback is hosting and serving as an executive producer for "Peyton's Places," a five-part, 30-episode series celebrating the NFL's 100th season.
Fever, summer events would get boxed out by $360M Fieldhouse project
The Indiana Fever would have to find a new venue in which to play home games for the better part of three seasons, due to the extensive fieldhouse renovation and expansion planned from 2020 to 2022.
Quick take: Six things to know about the proposed Pacers deal
Here’s a breakdown of the 158-page agreement that the CIB was considering Friday morning.
UPDATE: CIB approves Pacers deal to fund $360M renovation, expansion of Bankers Life Fieldhouse
The agreement between city officials and the NBA team provides nearly $800 million in tax revenue to the Pacers over the life of the 25-year deal.
CIB poised to vote on Pacers retention deal during Friday meeting
A major deal to keep the Pacers in Indianapolis for decades is expected to be voted on Friday during a meeting of the Capital Improvement Board.
UPDATE: Lawmakers drop MLS requirement for Indy Eleven stadium
State lawmakers on Monday significantly amended legislation designed to provide long-term funding mechanisms to the Capital Improvement Board, keep the Indiana Pacers in the city for at least another 25 years and support building a permanent soccer stadium for the Indy Eleven.
Lucas Oil Stadium in line to get $7M in Wi-Fi improvements
The wireless infrastructure at Lucas Oil Stadium could see significant improvements in the coming months as part of a three-way deal between the Colts, the Capital Improvement Board and Verizon.
Soccer stadium likely would find other uses—especially if it’s downtown
The Indy Eleven would likely need the $150 million soccer stadium proposed by owner Ersal Ozdemir for only about 20 matches a year.
IBJ Podcast: Can Indy win a Major League Soccer franchise?
A bill passed by the Indiana Senate would require the Indy Eleven to become an MLS franchise within three years to unlock tax money to build a stadium dedicated to soccer. But is that realistic? IBJ's Anthony Schoettle says it's an uphill climb — but by no means out of the question. He talks to […]
Indy Eleven’s race to join Major League Soccer must clear many hurdles
Legislation passed by the Indiana Senate makes money for a soccer stadium available only if the city gains a Major League Soccer franchise—but that same legislation could make it more likely the MLS gives it a team.
City sports, tourism board could reap extra $15M annually under amended bill
A change made to legislation designed to boost funding for the Capital Improvement Board means the quasi-governmental agency could see an additional $15 million in tax funds annually—nearly double what was initially proposed.
Alice Dye remembered as pioneering figure in golf course design
Known as the “First Lady of Golf Architecture,” Alice Dye was an dominant figure in golf design in partnership with her husband, Pete Dye, and as an amateur player. The Indianapolis native died Friday at age 91.
Council leaders urge legislative hearing on Indy Eleven stadium bill
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.
Red Bull Air Race returning to Indianapolis for at least one more year
The local event is one of eight races on the 2019 Red Bull Air Race World Championship circuit and the only one scheduled for North America.