• Loading stock data...
Tuesday, July 8, 2025

Work Begins On $1 Billion Indianapolis Stadium Project

  • New 20,000-seat stadium will be home of USL club Indy Eleven
  • Development will transform waterfront neighborhood in Indianpolis.
Indy Eleven

Work is officially underway on a new $1 billion stadium project for Indianapolis’ professional soccer teams.

A groundbreaking ceremony was held for Eleven Park, a new development in the city’s riverfront neighborhood to be built around a 20,000-seat venue that will host the Indy Eleven teams.

The Indy Eleven men’s squad currently competes in the USL Championship, while the women’s squad will play in the USL W League this year before joining the new USL Super League next year.

The team currently plays home games at the 12,000-seat IU Michael A. Carroll Track & Soccer Stadium.

While the source of the $1 billion funding isn’t completely clear, tax money could reportedly cover 80% of the construction, while Indy Eleven may cover the remaining costs.

Demolition at the site is beginning immediately before construction begins in the coming months.

Once finished in 2025, the stadium will be surrounded by more than 600 apartments, 205,000 square feet of office space, and 197,000 square feet of retail space, as well as restaurants, hotels, public plazas, green space, and parking.

The stadium’s architect is Populous, which has designed NFL venues for the Arizona Cardinals and New England Patriots, among others, and is working on the Buffalo Bills’ new stadium.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

A helmt is seen during the Texas Tech football team's spring game, Saturday, April 19, 2025, at Jones AT&T Stadium.

CFB’s Revenue-Sharing Era Muddles Future of NIL, Adds PE Questions

Athletic departments can pay college athletes a combined $20.5 million this year.
Jul 3, 2022; London, United Kingdom; Jannik Sinner (ITA) returns a shot during his match against Carlos Alcaraz (ESP) on day seven at All England Lawn Tennis and Croquet Club.

Wimbledon’s Expansion Battle Looms Over Star-Studded Quarterfinals

The expansion’s loudest opposition is Save Wimbledon Park.
Nov 16, 2024; New York, NY, USA; President-elect Donald Trump speaks with Dana White (left) during UFC 309 at Madison Square Garden.

UFC Confirms Talks to Bring Fight to White House Grounds

Discussions are underway to bring a UFC event to the White House grounds.

Featured Today

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
July 3, 2025

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”

Nationals Hit Reset Button, Oust Rizzo and Martinez Before Draft

The MLB club made major leadership changes just days before the draft.
July 2, 2025

Rogers Takes Control of Canada’s Top Teams in MLSE Buyout

The Canadian media giant now has an arguably unrivaled sports portfolio.
July 6, 2025

Liverpool to Pay Diogo Jota’s $20M Contract to His Widow

Jota had two years remaining on his contract.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
Myles Turner
July 1, 2025

Pacers Sour on Paying Luxury Tax and Let Myles Turner Walk

The team had seemed willing to cross the threshold for their center.
Manchester City
July 1, 2025

Manchester City Pockets $50 Million for Early Club World Cup Elimination

Saudi side Al-Hilal will bank at least $35 million in its quarterfinal run.
July 1, 2025

Bucks Shock NBA World By Waiving Lillard’s $113M Deal, Signing Turner

Damian Lillard had two years left on his deal.
Jun 17, 2025; Sunrise, Florida, USA; Florida Panthers center Sam Bennett (9) hoists the Stanley Cup after winning game six of the 2025 Stanley Cup Final against the Edmonton Oilers at Amerant Bank Arena
July 1, 2025

Panthers Lock Up Stanley Cup–Winning Core With Long-Term Deals

Hours before free agency, Florida cemented terms with their essential players.