WEBVTT 00:00:01.701 --> 00:00:02.535 {GERRY} 00:00:02.602 --> 00:00:03.503 Hello and welcome to Inside 00:00:03.570 --> 00:00:05.105 INdiana Business, I'm Gerry 00:00:05.171 --> 00:00:05.772 Dick. 00:00:05.839 --> 00:00:05.939 00:00:06.005 --> 00:00:08.641 Coming to you this week from 00:00:08.708 --> 00:00:10.643 Gainbridge Fieldhouse, which 00:00:10.710 --> 00:00:13.046 Right in the heart of downtown 00:00:13.113 --> 00:00:15.215 Indie -- undergoing a dramatic 00:00:15.281 --> 00:00:15.749 transformation. 00:00:15.815 --> 00:00:16.883 This weekend, really one of the 00:00:16.950 --> 00:00:18.017 first opportunities for fans to 00:00:18.084 --> 00:00:19.919 come in, and get a first look 00:00:19.986 --> 00:00:23.390 at what has been a three-year, 00:00:23.456 --> 00:00:25.458 360 million dollar project, to 00:00:25.525 --> 00:00:26.359 create what is being 00:00:26.426 --> 00:00:29.162 termed "the fieldhouse of the 00:00:29.229 --> 00:00:31.097 future." The scope is really 00:00:31.164 --> 00:00:33.299 enormous, the second largest 00:00:33.366 --> 00:00:35.468 renovation in NBA history, 00:00:35.535 --> 00:00:36.069 behind only Madison square 00:00:36.136 --> 00:00:39.172 garden. 00:00:39.239 --> 00:00:39.672 There is new seating 00:00:39.739 --> 00:00:40.006 throughout, 00:00:40.073 --> 00:00:40.607 reconfigured, remodeled and 00:00:40.673 --> 00:00:41.040 expanded suites... 00:00:41.107 --> 00:00:41.207 00:00:41.274 --> 00:00:43.543 A new Entry Pavillion and a new 00:00:43.610 --> 00:00:44.210 main concourse with all new 00:00:44.277 --> 00:00:45.812 concessions that will utilize 00:00:45.879 --> 00:00:48.181 cashless 00:00:48.248 --> 00:00:48.948 transactions...technology a 00:00:49.015 --> 00:00:50.717 focus of this project. 00:00:50.784 --> 00:00:50.950 Here. 00:00:51.017 --> 00:00:51.818 00:00:51.885 --> 00:00:54.954 And also a very dramatic and 00:00:55.021 --> 00:00:56.156 visible change on the balcony 00:00:56.222 --> 00:00:57.090 level here...including adding 00:00:57.157 --> 00:00:58.291 glass to the standing room only 00:00:58.358 --> 00:00:59.159 area to provide dramatic views 00:00:59.225 --> 00:00:59.826 of the Indy skyline as well as 00:00:59.893 --> 00:01:02.228 a 00:01:02.295 --> 00:01:03.830 look down on game action. 00:01:03.897 --> 00:01:04.464 00:01:04.531 --> 00:01:08.168 AND, there is massive 00:01:08.234 --> 00:01:09.402 construction continuing OUTSIDE 00:01:09.469 --> 00:01:12.005 Of the fieldhouse as well, on 00:01:12.071 --> 00:01:14.974 what will be bicentennial unity 00:01:15.041 --> 00:01:16.876 plaza and an 00:01:16.943 --> 00:01:17.544 Entertainment Complex that will 00:01:17.610 --> 00:01:18.144 include an ice skating rink 00:01:18.211 --> 00:01:18.678 larger than the one at 00:01:18.745 --> 00:01:19.145 Rockefeller Center. 00:01:19.212 --> 00:01:19.312 00:01:19.379 --> 00:01:19.879 All of this feeding into 00:01:19.946 --> 00:01:20.447 additional major projects 00:01:20.513 --> 00:01:21.481 nearby 00:01:21.548 --> 00:01:22.081 that stand to transform the 00:01:22.148 --> 00:01:23.883 near 00:01:23.950 --> 00:01:28.254 east side of downtown...more on 00:01:28.321 --> 00:01:29.923 More on that in a moment. 00:01:29.989 --> 00:01:31.691 But first -- all of this 00:01:31.758 --> 00:01:33.493 feeding into additional major 00:01:33.560 --> 00:01:35.328 projects nearby the standard 00:01:35.395 --> 00:01:36.629 transform near east side of 00:01:36.696 --> 00:01:38.665 downtown Indianapolis. 00:01:38.731 --> 00:01:40.166 Joining me now from Gainbridge 00:01:40.233 --> 00:01:41.201 fieldhouse with more on this 00:01:41.267 --> 00:01:43.036 massive project, the potential 00:01:43.102 --> 00:01:44.137 impact as well. 00:01:44.204 --> 00:01:46.039 Mel Raines, the president and 00:01:46.105 --> 00:01:48.508 chief operations officer at 00:01:48.575 --> 00:01:48.775 pacers 00:01:48.842 --> 00:01:51.110 >>> Thanks for joining us. 00:01:51.177 --> 00:01:52.312 >> Thanks for having me. 00:01:52.378 --> 00:01:53.580 >> Three years a lot of work, 00:01:53.646 --> 00:01:55.048 are you ready to breathe a sigh 00:01:55.114 --> 00:01:57.050 of relief after this big 00:01:57.116 --> 00:01:58.351 project? 00:01:58.418 --> 00:01:59.619 >>, yeah, I am, we had post 00:01:59.686 --> 00:02:00.487 Malone last Sunday and I went 00:02:00.553 --> 00:02:01.855 really smoothly, I think the 00:02:01.921 --> 00:02:04.157 fans coming really enjoyed the 00:02:04.224 --> 00:02:08.161 building and we're excited a 00:02:08.228 --> 00:02:09.128 full range of events. 00:02:09.195 --> 00:02:10.597 >> We want to give people an 00:02:10.663 --> 00:02:12.799 inside look, fan Jam, I know 00:02:12.866 --> 00:02:14.767 you're hosting that on Sunday a 00:02:14.834 --> 00:02:16.202 big chance for folks to check 00:02:16.269 --> 00:02:16.703 this out. 00:02:16.769 --> 00:02:18.304 One of the most recent things 00:02:18.371 --> 00:02:20.840 up on the third, third level 00:02:20.907 --> 00:02:21.841 kind of the balcony level, new 00:02:21.908 --> 00:02:23.009 seating throughout the building 00:02:23.076 --> 00:02:24.177 and things but what's 00:02:24.244 --> 00:02:26.412 interesting to me, is you have 00:02:26.479 --> 00:02:27.347 opened that up. 00:02:27.413 --> 00:02:29.182 A lot of glass, you can see the 00:02:29.249 --> 00:02:31.484 sky line, a lot of congregating 00:02:31.551 --> 00:02:33.152 and that type of thing up 00:02:33.219 --> 00:02:33.419 there. 00:02:33.486 --> 00:02:35.054 >> Yeah, part of what we really 00:02:35.121 --> 00:02:36.155 wanted to do was bring downtown 00:02:36.222 --> 00:02:40.326 into the building and bring the 00:02:40.393 --> 00:02:41.194 concourses into the seating 00:02:41.261 --> 00:02:43.396 bowl and one of the things is 00:02:43.463 --> 00:02:44.531 the Kroger deck on the deck, we 00:02:44.597 --> 00:02:46.099 took rows orphseats out and 00:02:46.165 --> 00:02:48.167 build a double-decker sky deck 00:02:48.234 --> 00:02:48.968 that will open at the end of 00:02:49.035 --> 00:02:51.504 November, it's got amazing 00:02:51.571 --> 00:02:52.672 views of downtown and we think 00:02:52.739 --> 00:02:54.274 just offers either way for fans 00:02:54.340 --> 00:02:56.175 of different generations to 00:02:56.242 --> 00:02:57.210 enjoy events in the building. 00:02:57.277 --> 00:02:58.978 >> We talk about the size the 00:02:59.045 --> 00:03:00.213 scope of this project. 00:03:00.280 --> 00:03:03.850 Second largest in NBA history 00:03:03.917 --> 00:03:05.518 only to Madison square garden. 00:03:05.585 --> 00:03:07.120 Was there kind of a vision 00:03:07.186 --> 00:03:08.288 overriding kind of theme, what 00:03:08.354 --> 00:03:08.955 you wanted to accomplish? 00:03:09.022 --> 00:03:10.123 Because you did so much here, 00:03:10.189 --> 00:03:11.991 you know, seating, concessions, 00:03:12.058 --> 00:03:13.026 the technology, all those types 00:03:13.092 --> 00:03:14.928 of things, really, really kind 00:03:14.994 --> 00:03:16.162 of big stuff. 00:03:16.229 --> 00:03:17.163 What was the goal? 00:03:17.230 --> 00:03:20.233 >> Well, it started with Herb 00:03:20.300 --> 00:03:23.603 Simon really wanted to be sure 00:03:23.670 --> 00:03:24.637 the Pacers were always in 00:03:24.704 --> 00:03:26.339 ndianapolis and Indiana, the 00:03:26.406 --> 00:03:26.973 25 year lease extension is 00:03:27.040 --> 00:03:28.241 where we started and we wanted 00:03:28.308 --> 00:03:30.143 to take this beautiful building 00:03:30.209 --> 00:03:30.843 that had such great bones and 00:03:30.910 --> 00:03:32.478 just modernize it, we wanted to 00:03:32.545 --> 00:03:34.447 keep the soul of the fieldhouse 00:03:34.514 --> 00:03:36.015 and create some new products 00:03:36.082 --> 00:03:37.650 for people to enjoy and upgrade 00:03:37.717 --> 00:03:39.619 the seats and concessions and 00:03:39.686 --> 00:03:40.620 restrooms and the entire 00:03:40.687 --> 00:03:40.954 experience. 00:03:41.020 --> 00:03:41.921 And so I think we've done that 00:03:41.988 --> 00:03:44.190 in a really nice way to keep 00:03:44.257 --> 00:03:46.359 this building, beloved asset in 00:03:46.426 --> 00:03:47.260 Indianapolis for another 25 00:03:47.327 --> 00:03:47.527 years. 00:03:47.594 --> 00:03:48.695 >> Yeah, you're physically, 00:03:48.761 --> 00:03:50.830 you're going to see a lot of 00:03:50.897 --> 00:03:51.698 changes, folks come down to 00:03:51.764 --> 00:03:53.066 Gainbridge Fieldhouse, but 00:03:53.132 --> 00:03:55.268 technology is -- is a big part. 00:03:55.335 --> 00:03:56.569 Will be a big part of the fan 00:03:56.636 --> 00:03:56.903 experience. 00:03:56.970 --> 00:03:57.403 >> Absolutely. 00:03:57.470 --> 00:03:59.739 So a big part of the 00:03:59.806 --> 00:04:00.440 renovation, was everything from 00:04:00.506 --> 00:04:02.308 new wi-fi through the building 00:04:02.375 --> 00:04:04.477 so when we have a full-house 00:04:04.544 --> 00:04:06.145 close to 18,000 people and 00:04:06.212 --> 00:04:07.080 people want to be texting 00:04:07.146 --> 00:04:09.682 pictures to their families, or, 00:04:09.749 --> 00:04:11.884 posting on Instagram, you can 00:04:11.951 --> 00:04:13.519 do that in pretty quick time. 00:04:13.586 --> 00:04:15.555 We also added, things like 00:04:15.622 --> 00:04:16.923 IPTV, which is just a better 00:04:16.990 --> 00:04:18.625 way for us to run all the -- we 00:04:18.691 --> 00:04:19.492 have hundreds of televisions 00:04:19.559 --> 00:04:21.628 throughout the building, so, 00:04:21.694 --> 00:04:23.963 things like that. 00:04:24.030 --> 00:04:26.799 Frictionless, grab-ask-go 00:04:26.866 --> 00:04:27.934 markets where you just tap your 00:04:28.001 --> 00:04:29.168 credit card or phone, take what 00:04:29.235 --> 00:04:30.803 you want and get out, I think 00:04:30.870 --> 00:04:31.804 it's a 45 second transaction 00:04:31.871 --> 00:04:33.706 time so you can get to your 00:04:33.773 --> 00:04:37.877 seat quickly so we've just 00:04:37.944 --> 00:04:39.479 added technological 00:04:39.545 --> 00:04:39.846 advancements. 00:04:39.912 --> 00:04:41.047 >> Inside the fieldhouse and 00:04:41.114 --> 00:04:41.848 the dramatic changes that's 00:04:41.914 --> 00:04:43.282 only part of the story because 00:04:43.349 --> 00:04:44.951 you go outside and folks will 00:04:45.018 --> 00:04:47.787 see, activity, construction, 00:04:47.854 --> 00:04:51.424 and, Bicentennial unity Plaza 00:04:51.491 --> 00:04:52.091 and entertainment complex, 00:04:52.158 --> 00:04:53.793 beginning to come to lifer, 00:04:53.860 --> 00:04:55.561 talk about that and why it's an 00:04:55.628 --> 00:04:56.763 important part of this whole 00:04:56.829 --> 00:04:57.030 vision. 00:04:57.096 --> 00:04:59.165 >> Yeah, one ofthe things we 00:04:59.232 --> 00:05:00.033 really wanted to do was extend 00:05:00.099 --> 00:05:01.434 our footprint, and to be able 00:05:01.501 --> 00:05:02.669 to activate much more 00:05:02.735 --> 00:05:05.238 year-round and so the Plaza, is 00:05:05.304 --> 00:05:07.140 that bicentennial Unity Plaza 00:05:07.206 --> 00:05:08.374 is that vision so we'll have 00:05:08.441 --> 00:05:10.376 everything from ice skating in 00:05:10.443 --> 00:05:12.645 the winter to hopefully 00:05:12.712 --> 00:05:13.780 roller-skating in the summer. 00:05:13.846 --> 00:05:14.447 Basketball, community events 00:05:14.514 --> 00:05:16.449 all year-round, we're hoping to 00:05:16.516 --> 00:05:18.384 ribbon-cut that in May, we've 00:05:18.451 --> 00:05:19.585 got two great sculptures that 00:05:19.652 --> 00:05:21.788 are going to be going in that I 00:05:21.854 --> 00:05:23.122 think will become must-see 00:05:23.189 --> 00:05:23.790 things in Indianapolis when 00:05:23.856 --> 00:05:26.526 people come to visit or when 00:05:26.592 --> 00:05:27.493 you live here and come downtown 00:05:27.560 --> 00:05:28.828 you'll want to visit them and 00:05:28.895 --> 00:05:29.729 then the new entertainment 00:05:29.796 --> 00:05:31.164 complex that we'll be building 00:05:31.230 --> 00:05:32.632 that will be done at the end of 00:05:32.699 --> 00:05:32.865 2023. 00:05:32.932 --> 00:05:34.901 >> End of 2023, hitting into 00:05:34.967 --> 00:05:37.103 2024, big chance to showcase 00:05:37.170 --> 00:05:39.105 this with the 2024 NBA All-Star 00:05:39.172 --> 00:05:39.672 weekend, right? 00:05:39.739 --> 00:05:41.007 >>, yeah, we're excited to host 00:05:41.074 --> 00:05:41.908 that event. 00:05:41.974 --> 00:05:43.142 It's got a great international 00:05:43.209 --> 00:05:44.043 presence, international media 00:05:44.110 --> 00:05:45.244 and people from all over the 00:05:45.311 --> 00:05:46.879 world follow that. 00:05:46.946 --> 00:05:49.382 Cleveland who just hosted had 00:05:49.449 --> 00:05:50.383 250 million dollar economic 00:05:50.450 --> 00:05:52.185 impact from hosting and we hope 00:05:52.251 --> 00:05:53.219 to do a little bit better than 00:05:53.286 --> 00:05:54.587 that because they were doing it 00:05:54.654 --> 00:05:55.988 during COVID and hopefully, 00:05:56.055 --> 00:05:56.923 we'll be well past that. 00:05:56.989 --> 00:05:58.024 >> Very cool, I know we're 00:05:58.091 --> 00:05:59.125 running out of time. 00:05:59.192 --> 00:06:00.727 A lot we can talk about. 00:06:00.793 --> 00:06:02.328 This can be -- I think will be 00:06:02.395 --> 00:06:03.229 another spark for development 00:06:03.296 --> 00:06:06.799 in the area, any way to 00:06:06.866 --> 00:06:07.400 characterize the economic 00:06:07.467 --> 00:06:08.768 impact potentially ultimately 00:06:08.835 --> 00:06:10.737 over time from this project and 00:06:10.803 --> 00:06:11.370 some of the others that are 00:06:11.437 --> 00:06:14.140 going on in the area? 00:06:14.207 --> 00:06:16.109 >> We are over 400 million, 00:06:16.175 --> 00:06:17.310 when you take the entertainment 00:06:17.376 --> 00:06:18.911 complex all had the work we've 00:06:18.978 --> 00:06:20.179 done here we know the city has 00:06:20.246 --> 00:06:21.080 been working on from everything 00:06:21.147 --> 00:06:23.449 from the city market area, the 00:06:23.516 --> 00:06:26.352 jail site catty corn from where 00:06:26.419 --> 00:06:28.554 we are, rebuilding of CSX 00:06:28.621 --> 00:06:29.922 building and the mall, we're 00:06:29.989 --> 00:06:31.691 talking about just billions of 00:06:31.758 --> 00:06:33.192 dollars here in the heart of 00:06:33.259 --> 00:06:33.493 downtown. 00:06:33.559 --> 00:06:35.928 >> Mel Raines, president and 00:06:35.995 --> 00:06:37.063 chief operations officer at 00:06:37.130 --> 00:06:38.564 pacer sports and entertainment, 00:06:38.631 --> 00:06:39.198 thanks for great perspective 00:06:39.265 --> 00:06:40.433 but an inside look here, we'll 00:06:40.500 --> 00:06:43.169 talk to you soon. 00:06:43.236 --> 00:06:43.903 >> Thanks Gerry. 00:06:43.970 --> 00:06:46.305 >> Mel talked about big 00:06:46.372 --> 00:06:47.807 projects in the area and the 00:06:47.874 --> 00:06:48.641 potential impact. 00:06:48.708 --> 00:06:49.809 Warrant to give you some 00:06:49.876 --> 00:06:50.443 perspective if you have not 00:06:50.510 --> 00:06:51.778 been downtown lately as to what 00:06:51.844 --> 00:06:53.379 the projects are, what they 00:06:53.446 --> 00:06:55.481 could mean in terms of impact. 00:06:55.548 --> 00:06:57.450 Right across from us, the old 00:06:57.517 --> 00:06:59.485 plain red brick former CSX 00:06:59.552 --> 00:07:01.554 building about 100 years old, 00:07:01.621 --> 00:07:03.856 targeted for demolition in its 00:07:03.923 --> 00:07:09.695 place two high-rise build ings 00:07:09.762 --> 00:07:10.329 that could include a 225 room 00:07:10.396 --> 00:07:10.897 hotel, 250 apartments and 00:07:10.963 --> 00:07:11.164 retail 00:07:11.230 --> 00:07:11.430 space... 00:07:11.497 --> 00:07:14.200 00:07:14.267 --> 00:07:16.903 About a 2en 250 million 00:07:16.969 --> 00:07:17.403 development is eyed by 00:07:17.470 --> 00:07:18.004 a group led by Pacers owner 00:07:18.070 --> 00:07:18.237 Herb 00:07:18.304 --> 00:07:18.471 Simon. 00:07:18.538 --> 00:07:18.638 00:07:18.704 --> 00:07:19.238 And just a couple of blocks 00:07:19.305 --> 00:07:19.472 from 00:07:19.539 --> 00:07:20.106 there city-owned property is 00:07:20.173 --> 00:07:20.706 being eyed for potentially 00:07:20.773 --> 00:07:21.374 hundreds of millions of dollars 00:07:21.440 --> 00:07:22.642 in development, including the 00:07:22.708 --> 00:07:24.177 Jail I site at Maryland and 00:07:24.243 --> 00:07:25.745 Delaware streets and the 00:07:25.812 --> 00:07:27.680 City-County Building...and 00:07:27.747 --> 00:07:27.914 don't 00:07:27.980 --> 00:07:29.482 forget the beleaguered Circle 00:07:29.549 --> 00:07:33.920 Centre mall...and a big re-use 00:07:33.986 --> 00:07:35.688 Plan that is expected to be 00:07:35.755 --> 00:07:36.823 released in due time there as 00:07:36.889 --> 00:07:37.056 well. 00:07:37.123 --> 00:07:38.825 So after years of really not a 00:07:38.891 --> 00:07:39.892 lot of activity, the near east