Renderingof basketball configuration for Fairgrounds Coliseum at the Indiana State Fair, Indianapolis. Indiana University-Purdue University of Indianapolis will play its home games at the facility next year.
Indiana State Fair officials planned to seek a hockey team to play in the under-renovation Fairgrounds Coliseum, which opens next year, but when the Indiana University-Purdue University of Indianapolis (IUPUI) basketball team approached them, they were more than happy to work out a deal.
“It just made perfect sense for both of us,” said Andy Klotz, the fair’s public relations director, of the five-year deal. Fair officials have not disclosed the financial arrangements of the deal, he added.
Last summer, fair officials announced that the 74-year-old Pepsi Coliseum would undergo $53 million in renovations. The beverage maker did not renew its naming contract with the fair, leading the building to be renamed the Fairgrounds Coliseum. The up to 8,200-seat venue will be done in time for the August 2014 fair and in time for the 2014 IUPUI basketball season. Additionally, a new $10 million building dubbed the Youth Arena also will be constructed as an adjoining facility.
Currently, the Jaguars Division I basketball team plays in a 1,200-seat gym called The Jungle, said Ed Holdaway, the school’s assistant athletic director. The basketball configuration for the Fairgrounds Coliseum will be just under 7,000 seats, more than quintupling seating for fans.
“I wouldn’t say we were actively seeking a new home, but we knew the renovations were occurring,” Holdaway said. “It seemed like a fit and they graciously accepted. They were excited about the prospect of having us.”
IUPUI officials have considered building their own on-site gym, but the campus is landlocked and so far, “It’s not feasible in the short term.”
“The immediate answer in the short-term was, ‘Let’s partner with a pre-existing, fully renovated, easily-accessible facility and become a primary tenant and build from that,” Holdaway said.
That does not mean IUPUI officials have given up on their facility, however.
“We would never close the door to us having an on-campus facility,” Holdaway said. “That’s our end game, and the folks at the Indiana State Fairgrounds know that.”
In the meantime, IUPUI officials will be working to market the new venue to students and other fans. Because the campus is largely filled with commuter students, there is not a concern about whether or not fans will drive to the fairgrounds to see a game.
“Given the location of the fairgrounds, it’s easily accessible from all different directions of the city,” Holdaway said.
However, IUPUI officials now have to attract more than five times the number of people to the games.
“We’re not so naïve to think, ‘If you build it, they will come,’” Holdaway said. “We have some marketing strategies we’re going to use. The good thing is that we have 18 months of lead time. We’re realistically trying to gear up for that first basketball game and have success with marketing and sales strategies to draw near to that 6,500 goal.”
Neither Klotz nor Holdaway released specific terms of the agreement, but the fairgrounds will get a share of ticket and concession sales. IUPUI will use the Fairgrounds Coliseum’s in-house concessionaires, Holdaway said. Vendors for concessions, as well as ticketing, have yet to be selected, Klotz added.
IUPUI also will have the ability to attract sponsors to the arena, Holdaway noted.
“Absolutely,” he said. “That’s something that attracted us to the deal, the opportunity for increased corporate sponsorship opportunities. It’s a work in progress, so to speak. There are some opportunities for permanent signage and corporate sponsorships, whether it be on the concourse or inside the coliseum. It’s all on the negotiating table.”
The fairgrounds has plenty of parking, Klotz said, with 18,000 spots either on the grounds or in adjacent lots. More than 4,000 of the spots are located at the fairgrounds racing track and will serve as the primary parking spaces for the coliseum.
The fairgrounds will retain 100 percent of most parking revenues but will split fees from designated “VIP” spots with IUPUI, Klotz added. The parking charge has yet to be determined.
“As for sponsorships, IUPUI will have so much space available to them to sell and we will have the rest,” Klotz said. “Each entity keeps what they sell.”
International firm Populous, designers of the Marlins Park in Miami, the University of Minnesota TCF Bank Stadium and the 2008 Super Bowl XLII Stadium at the University of Phoenix Stadium, created the designs for the project, Klotz said.
The number of seats actually will be a reduction in order to make them bigger. A concourse has been added in order to separate the audience from the back-of-the-house operations.
The Youth Arena will be completely new and in spite of its name, will host events during the fair not necessarily targeted to children, Klotz said.
Fair officials still intend to attract a hockey team to the coliseum and the venue will work with the sports tenants to schedule games, which would result in the need to switch from a basketball court to an ice rink in short order.
“We’ll make it work for all parties involved,” Holdaway said. “This won’t be the first time or the last time that a basketball and hockey team have shared a facility. There will be some give and take from all interested parties. We look forward to it – it’s another fan base we can tap into as well.”
Finally, although the coliseum was last known as the Pepsi Coliseum, the title sponsorship, now worth in the neighborhood of $500,000 instead of the previous price of $170,000, is up for grabs. Pepsi remains a sponsor and retains pouring rights under a new deal.
The fair, which takes place Aug. 2-8, will host concerts on the Marsh Free Stage that will include CoCo Jones, the Happy Together Tour, Kevin Costner and Modern West, Theory of a Deadman, Styx, Joe Nichols, Montgomery Gentry and Blood, Sweat & Tears.
The Marsh Free Stage is an existing, permanent stage that accommodates an audience of about 5,000. The concert program has changed since the 2011 collapse of the grandstand stage just before Sugarland was about to perform. Seven people died and 58 were injured. The state has paid victims and their families $11 million – the original tort limit of $5 million plus an additional $6 million approved by the state legislature. In 2012, concerts were held downtown at BankersLife Fieldhouse.
“Our paid entertainers will return to the Coliseum when it reopens in 2014 and they will be ‘A-list’ entertainers,” Klotz said. “But we will also still have many other free shows on the Marsh Free Stage.”
Interviewed for this article: Andy Klotz, (317) 372-1277; Ed Holdaway, (317) 274-2725