FISHERS, Ind. (AP) — A vote has been delayed on a proposed $76.4 million sports center and arena in suburban Indianapolis as developers look to finalize financing.
The Indianapolis Star reports that officials had hoped a vote on the proposal would come Monday at a Fishers City Council meeting.
The council is considering whether to approve a 10-year tax abatement valued at $2 million, as well as a lease agreement for local youth sports and the waiver of about $1 million in permitting fees.
GK Sports and Entertainment wants to build a facility that would include a 6,000-seat arena and a 245,000-square-foot fieldhouse. Firm co-owner Barry Kiesel says the last step in financing is a private appraisal that he hopes will be completed later this week.
The firm wants to open the facility next year.
