April 13, 2015

Fishers Ponders $76 Million Sports Arena

Associated Press
Rendering of the arena entrance and conference center of the proposed Fishers Sports and Entertainment Complex. - Larrison & Associates Architects

Rendering of the arena entrance and conference center of the proposed Fishers Sports and Entertainment Complex.

Larrison & Associates Architects

An Indianapolis-based company wants to build and operate a $76.4 million sports center and arena in Fishers.

The Indianapolis Star reports the proposal comes from GK Sports and Entertainment, which would own the facility. It would include a 6,000-seat arena and a fieldhouse that has a baseball training area, 12 basketball courts and an artificial turf area that measures the size of a soccer field.

Company co-owner Barry Kiesel says he thinks the complex could attract a minor league team.

According to the proposal, Fishers would have to provide significant incentives. The City Council is considering a 10-year tax abatement valued at $2 million, as well as a $805,000 annual lease agreement for local youth sports and waiving about $1 million in permitting fees.

The council is set to vote on the proposal May 18.

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