Fishers' Newest Venue Promises Diverse Entertainment and Economic Boost
2024-10-28
Fishers, Indiana, is set to unveil its latest addition to the city's thriving entertainment landscape - the Fishers Event Center. Slated to open on November 22nd, this state-of-the-art facility promises to bring a diverse array of events and activities to the local community, from sports to live performances and more. With a seating capacity of 7,500 and a lineup of high-profile acts already secured, the Fishers Event Center is poised to become a premier destination for Hoosiers seeking top-notch entertainment this winter and beyond.
Elevating Fishers' Entertainment and Economic Potential
A Versatile Venue for All Interests
The Fishers Event Center has been designed with versatility in mind, catering to a wide range of interests and events. As the primary tenant, the Indy Fuel hockey team will call the venue home, but it will also host the inaugural seasons of the Indianapolis expansion team of the Indoor Football League and the Indy Ignite, a member of the Pro Volleyball Federation, both set to debut in 2025. Beyond sports, the center's initial lineup of performers promises to offer something for everyone, from comedians and country music stars to stunt and acrobatics performers, as well as popular online personalities.
Maximizing the Guest Experience
The Fishers Event Center has been meticulously crafted to provide an exceptional experience for its guests. From the free-flow parking and advanced security screening to the diverse menu options featuring partnerships with Indiana companies, every aspect of the venue has been designed to ensure a seamless and enjoyable visit. The 7,500-seat arena boasts 17 suites in the upper level, as well as four innovative "bunker suites" that offer premium views and exclusive amenities. The Loge Club and Premium Club on the first and second floors provide even more opportunities for guests to indulge in exclusive food, drink, and entertainment options.
A Catalyst for Economic Growth
The Fishers Event Center is not just a hub for entertainment; it is also a catalyst for economic growth in the region. As part of the larger Fishers District development, the venue is expected to attract thousands of visitors to the area, driving increased foot traffic and revenue for the surrounding restaurants, hotels, and businesses. Mayor Scott Fadness envisions the event center as a "catalyst for world-class development" in the area, with the potential for hundreds of millions, if not billions, of dollars in additional investment and growth over the next five years.
Financing the Future
The 0 million Fishers Event Center is the largest city-financed project in Fishers' history, with the city's debt payments on the 40-year bonds standing at .5 million as of August 2022. This figure is expected to rise to .9 million per year by 2027 and remain at that level until 2064. To help offset these costs, the city has explored various revenue sources, including a food and beverage tax, an increase in the county hotel tax, a Professional Sports District designation, and operational revenue from the venue itself.
Securing the Right Partner
The Fishers Event Center is still seeking a naming rights partner, a deal that officials estimate could bring in more than million per year. While discussions are ongoing with several potential partners, the city is taking a measured approach, prioritizing the right strategic fit to ensure a "winning partnership for everyone" in the long run.As the Fishers Event Center prepares to open its doors, the city and its residents can look forward to a new era of diverse entertainment and economic growth, solidifying Fishers' position as a premier destination in the Indianapolis metropolitan area.