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 will create a community asset through a public-private partnership.

The Stats

The project scope
today includes
approximately

150,000

square feet of office space

100,000

square feet of retail

600

apartment units

200

room hotel

20,000

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.

More Information Below

Frequently Asked Questions

Q:
How will this development be paid for?
A:
Eleven Park will not require a penny of appropriations from city or state governments and instead would work to create a public private partnership that would finance the stadium and public infrastructure portion of the development as a community asset.
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.
Q:
Who will operate/own the venue?
A:
In the Eleven Park plan, it is proposed that the Capital Improvement Board (CIB); a public entity, would own the stadium and Indy Eleven would then lease the venue and pay all operating expenses.
Q:
When will the stadium open?
A:
Eleven Park is now in its initial development phase and there are multiple steps that will need to be taken in order to make the vision a reality. The project has completed the state legislative portion of the process. If it is subsequently approved by the City of Indianapolis and related entities, it is anticipated that the stadium portion of the development would open as early as the 2022 Indy Eleven Season.
Q:
How is this different than previous stadium proposals?
A:
The difference is that Eleven Park is not a traditional stadium project. It is a transformational neighborhood development that including a hotel, apartments, multi-use retail, all anchored by a 20,000-seat stadium that could host soccer and countless other events in our city. Most importantly, it is not seeking a penny in appropriations from the city or state governments.
Q:
Who will build the stadium?
A:
In the proposal, the Capital Improvement Board (CIB) would own the stadium portion of the development and it would be subject to a transparent, public bidding process conducted by the City of Indianapolis and the CIB.
Keystone Group will not bid on the stadium or public portions of the development and will not financially benefit from their construction.
Q:
Will the surface be grass or artificial turf?
A:
Grass
Q:
Will this be a shared facility?
A:
The proposed stadium could also be utilized for countless other professional and amateur sporting events including college and high school soccer, field hockey, rugby and lacrosse.
Q:
Where will it be located?
A:
Eleven Park remains in the evaluation phase with regards to its location in Indianapolis and more announcements will be made later. The final site will be determined by input from the public and city of Indianapolis leaders.
Q:
What will be the capacity of the stadium?
A:
20,000
Q:
Will smoke be allowed in the venue?
A:
For many Indy Eleven fans, the addition of smoke enhances the gameday experience, an effect that was lost when the team moved indoors to Lucas Oil Stadium. It is expected that these smoke effects will once again be permitted in the proposed stadium in the Eleven Park development.
Q:
How can we help?
A:
Enthusiasm and support from fans was instrumental in our successful efforts in the state legislature – with fans sending nearly 8,000 emails into the Statehouse. As the process continues, we will continue to depend on the support from our dedicated fans, just as we do on gameday. The best way that fans can help today is by doing what comes easy – be a fan! This goes beyond just filling Lucas Oil Stadium on gameday – it is as easy as wearing your Indy Eleven gear when out and about in Indianapolis and beyond. Indianapolis is a soccer city – and we need your help sending the message.
Q:
Now that the stadium proposal has made it through the state legislature, what comes next?
A:
With the Governor’s signature, we are ready to kick off a new era for Indy Eleven professional soccer and the world’s most popular sport in Indiana – with no new taxes and no appropriations from city or state governments. The state legislative process is now complete. We will now continue along the path to fully capturing this one-in-a-generation opportunity to secure the future of the world’s game in our capital city. The project will now proceed to the City of Indianapolis as we work to create the Public Private Partnership we have described in the Eleven Park proposal.