Eleven Park: A Transformational Neighborhood Development
A privately financed mixed use development that will be used to build a publically owned 20,000 seat multipurpose stadium
Eleven Park is a transformative neighborhood development that will include a hotel, office, apartments, retail and public areas – all anchored by a 20,000-seat stadium to be utilized by the Indy Eleven and countless other professional and amateur sporting events, concerts, and community events.
This is more than a stadium, it is the opportunity to create a vibrant community that will attract individuals and families from near and far to live, work, and play – creating jobs and improving quality of place far beyond gameday.
This development is not asking for a penny in appropriations from city or state governments. Instead it will create a community asset through a public-private partnership.
The project scope
square feet of office space
square feet of retail
seat multi-purpose stadium
Secure the Future of Professional Soccer in indiana
Soccer is the globe’s most popular sport and the world’s game needs a permanent home in our state.
Indianapolis is one of the world’s top sporting destinations and for decades has used athletics to elevate our city to the global stage. To stay at the top, we cannot maintain the status quo. We must act to ensure that the most popular sport in the world has a world-class facility right here in Indiana - at no direct cost to taxpayers.
By paving the way for a world class soccer facility, as a part of this transformational development, Indiana can fully capture a once-in-a-generation opportunity to secure the future of soccer in its capital city.
Frequently Asked Questions
Eleven Park has proposed to privately develop and finance the office, retail, apartment and boutique hotel portions of the project. Taxes that are generated on the property as a result of the private development are proposed to be utilized to help finance the stadium and public areas which are proposed to be owned by the Capital Improvement Board and financed by the City of Indianapolis by developer backed bonds. Indy Eleven is proposing they lease the stadium and pay all operating expenses as well as any cost overruns, creating no risk or exposure for the taxpayer.
Keystone Group will not bid on the stadium or public portions of the development and will not financially benefit from their construction.