Indianapolis Airport Authority board unanimously votes to cancel plans for $500M medical center

News

Picture of plans

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
Data pix.

INDIANAPOLIS, Ind. (March 18, 2016) – The Indianapolis International Airport board announced on Friday that they were cancelling plans for a proposed $500 million medical center and sports complex.

Last month, the developer, Athletes Business Network, proposed to put in five buildings on 130 acres near High School Road. According to the developer, the facility would focus on traumatic brain injuries for soldiers and athletes. The complex was expected to create 3,000 jobs, and they were expected to start construction as soon as next year.But last week the project was stopped amid public concern.

The Airport Authority Board unanimously voted to cancel plans for the site in their meeting this morning. The board president released this statement following the announcement:

The Indianapolis Airport Authority (IAA) has a clear responsibility to be a good steward to our community.  The airport has been listening to the community’s input and will always put our community first, so the IAA has cancelled the request for proposals (RFP) for the 130 acres at the former airport site.   We will leave our options open and continue to search for the optimal project that will provide significant benefits to Central Indiana and, especially, the west side of Indianapolis.  We will also continue to engage and gather feedback from our stakeholders, including the City of Indianapolis, our neighboring communities and others.

The airport has had success returning non-aviation land to productive use and will continue to make that a priority in order to create jobs for families, put money back on the property tax rolls and boost economic development on the west side that will impact all of Central Indiana.  Nearly two years ago, we engaged with elected officials, local communities and organizations to present our new Land Use Initiative designed to return 3,200 acres of land, including the 130 acres at the former airport site.  Much of this plan has already been accomplished, including an auction that sold 335 acres, property sale agreements for approximately 100 acres, a Development Agreement for 303 acres, signed documents intended to lead to the sale of 210 acres at one of our smaller airports and 2,100 acres of conservation land.

The airport is an important part of this community, employing 10,000 workers and generating $4.5 billion in economic impact each year.  We remain committed to stimulating even more economic impact by returning airport land to the people we serve.

We previously reported that there were concerns the airport may have broken state law by not abiding by a proper bidding process, but we received new information, and that is not the case.

Most Popular

Latest News

More News