Articles

Are we victims of ‘group think’?

“Group think,” a powerful and controlling force, was present as the Capital Improvement Board built Lucas Oil Stadium and Eli Lilly and Co. developed and marketed Zyprexa.

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It’s time for Colts, fans to pay up

I agree 100 percent that Colts’ owner Jim Irsay should step up to the plate to help bail out the Capital Improvement Board debt and that Colts’ ticket holders should be taxed.

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Indy scores 2012 Super Bowl

In May, Indianapolis narrowly won the right to host the 2012 Super Bowl, beating out Phoenix and Houston at the National Football
League owners’ meeting in Atlanta.

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Stadium, airport terminal open

The $720 million Lucas Oil Stadium opened in August, just in time for the Indianapolis Colts’ season. Indianapolis International Airport’s $1.1 billion midfield
terminal, meanwhile, took off in November.

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Naming-rights deal puts Lucas Oil in competitive position

Emboldened by the deal he signed to put his company’s name on the Indianapolis Colts’ new home, Forrest Lucas has launched
an arsenal of creative-some would say unorthodox-initiatives to fortify his growing company. Many of them are designed to
help Lucas Oil Products Inc. go head to head with the oil industry’s biggest players.

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Lucas says please don’t call stadium ‘The Luke’

Officials for Lucas Oil Products Inc. are imploring fans and media not to refer to the team’s new stadium as The Luke,
a nickname that has cropped up on sports talk radio shows and been repeated in print and on TV. The nickname
seems to be gaining momentum, and that doesn’t sit well with Lucas brass already playing defense against
New Jersey-based Lukoil Co. California based-Lucas Oil signed a 20-year, $121.5 million naming-rights deal
for the Colts’ new stadium.

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$720 million stadium will open with big operating deficit

Cleaning crews are wiping construction dust from the 63,000 seats in Lucas Oil Stadium, prepping for the public’s first peek at the $720 million venue Aug. 16. But the hard work is only beginning for the city’s Capital Improvement Board, the entity charged with operating the stadium. The fumbling point: CIB is anticipating a $20 million operating deficit for Lucas Oil Stadium in 2009.

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Inside the new convention center

Ratio Architects today unveiled detailed interior plans for a $275-million expansion of the Indiana Convention Center. The light-filled expansion will feature elevated walkways and a carpet pattern designed to mimic the Hoosier landscape. The plans were revealed at a meeting…

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Lucas Oil is looking good

More than 1,000 workers a day in two shifts are scrambling to finish Lucas Oil Stadium, installing everything from seats and concession stand equipment to portions of…

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Turf war unfolds in Babe Denny neighborhood

A long-neglected neighborhood south of downtown called Babe Denny suddenly is in the spotlight, attracting attention from
city planners, code enforcers, land speculators and a politically connected attorney.

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City fights property owners over value of land by stadium

A legal fight is brewing over a 2.3-acre parking lot sandwiched between the RCA Dome and Lucas Oil Stadium. The state is seeking
to acquire the property through eminent domain and is fighting an appraisal that puts its value at $7 million. The owners,
meanwhile, contend the land is worth about twice as much.

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Broker wants Lucas Oil to move HQ near airport

Marvin Miller is representing a landowner trying to sell 125 acres just north of Indianapolis International Airport. But Miller
wants him to give away some of the property to persuade California-based Lucas Oil to move its headquarters there, jump-starting
the stagnant area in the process.

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Stadium walkway carries $10M tab

An enclosed connector is set to be built, partly underground, that will link Lucas Oil Stadium to the soon-to-be expanded
Indiana Convention Center. It will span about a quarter of a mile and cost more than $10 million.

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Lucas Oil launches high-end motorcycle biz in Indy

Little known in this market less than a year ago, Lucas Oil Products is roaring into town with its first brick-and-mortar operation. Founder Forrest Lucas has set up a sister company, Lucas Cycles, to make fancy, fuel-injected motorcycles.

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