Indianapolis Motor Speedway gets OK to have 10,000 fans at Harvest Grand Prix
The determination to allow spectators at the 300,000-seat venue came from the Marion County Public Health Department.
The determination to allow spectators at the 300,000-seat venue came from the Marion County Public Health Department.
Pete Ward, chief operating officer for the Colts, confirmed the 200% increase in the maximum-allowed crowd for the Sept. 27 game against the New York Jets.
The county health department said it was reducing the soccer team’s capacity at Lucas Oil Stadium to match what will be allowed at this weekend’s Colts game.
The Indianapolis Colts will be limited to 2,500 spectators at Sunday’s home football opener at Lucas Oil Stadium even though crowds for Indy Eleven soccer games at the venue have regularly doubled that figure since early July.
The town homes—all of which are expected to have three-bedrooms—would be available for lease to individuals and families with modest incomes, with an option to eventually buy the units.
While the convention center began seeing some activity during July, those events had very little impact on the venue’s operating income for the month.
Developers remain optimistic about multifamily developments in general across the city, but some believe additional affordable housing—and associated incentive deals—is needed.
The proposed project includes 234 multifamily units in the 2100 block of Central Avenue, along with nearly 12,000 square feet of new or redeveloped commercial space.
The plan will allow less than 4% of capacity for the team’s its home opener at Lucas Oil Stadium against the Minnesota Vikings on Sept. 20.
He has a big plan for the south side of downtown, but the plan is ever evolving and it will require hundreds of millions of dollars in investment and large-scale rethinking of development along the Interstate 70 corridor.
TWG hopes to receive incentives for the project from the city of Indianapolis, as part of a ”potential public-private partnership” supported by tax-increment financing.
The deal likely would make South Bend-based Bradley Co. the second-largest commercial real estate brokerage in central Indiana.
Overall attendance at Indiana Convention Center events has stagnated, but annual major conventions have seen explosive growth.
The Indianapolis Colts are cutting back on spectator capacity in their latest health and safety plan, with hopes of boosting crowds as the season progresses, depending on the course of the COVID-19 pandemic.
The venue is expected to be a franchise of Flying Tee—a competitor of Topgolf, which opened a venue in Fishers in 2017.
The broadcast of Sunday’s race delivered a huge rating in Indianapolis, but overall viewership was likely hurt by a tougher a slate of competition from other sports, including NASCAR.
Indianapolis-based TWG Development expects construction to begin within 15 months if it can offset costs by landing affordable housing tax credits.
Fred Glass, 61, will become a partner at Taft Stettinius & Hollister, where he will operate a general business law practice, while also handling matters related to higher education, employment, government matters, sports, media and entertainment.
The pandemic hasn’t stopped all hospitality business in Indianapolis. Nearly 40,000 people have visited downtown since the beginning of July for events at the Indiana Convention Center or at major hotels.
The NCAA and the Indiana Sports Corp. both said they’re still planning for the Final Four on its original dates. Some sports business experts wonder whether the college basketball tournament could benefit from a “bubble” strategy like the NBA or NHL.