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January 28, 2014

Concert venue proposed for Indianapolis site

INDIANAPOLIS (AP) — A large outdoor concert amphitheater is among the proposals being made for the redevelopment of a closed General Motors metal-stamping plant site near downtown Indianapolis.

The amphitheater is among four redevelopment plans under consideration by the trust that’s overseeing the cleanup and sale of the 102-acre site, the Indianapolis Business Journal and The Indianapolis Star reported.

Deron Kintner, the city’s deputy mayor for economic development, said the venue’s size and other components were still being worked out but that it could be an exciting project for the downtown area.

“That type of use is one of the potential uses we could get behind, but the devil would be in the details,” Kintner said.

The new venue would compete with the 7,500-seat amphitheater in the nearby White River State Park and the 24,000-person capacity Klipsch Music Center in the northern Indianapolis suburb of Noblesville.

GM closed the stamping plant just west of downtown Indianapolis in 2011. The site’s owner is Revitalizing Auto Communities Environmental Response Trust, which was created to clean up and market properties owned by GM before its 2009 bankruptcy filing.

White River park Executive Director Robert Whitt said he’s told city officials and others that he’s concerned about the additional concert competition.

“Agents could play one venue off the other, which would drive up fees to the acts and would be passed along to the customers,” Whitt said.

Sherry Seiwert, the president of Indianapolis Downtown Inc., said she believed the new amphitheater would be a “tremendous asset” for the city’s downtown.

The ownership trust is working to have the 2.1 million square-foot factory and several smaller support buildings demolished by the end of this year.

 

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