Common Council Approves Decision on $15 Million Noblesville Fieldhouse

Written By Noblesville Economic Development

Written By Noblesville Economic Development

December 21, 2016

Common Council Approves Decision on $15 Million Noblesville Fieldhouse

Plans for City’s Sixth Park – Finch Creek Park – Also Move Forward

The Noblesville Common Council approved the agreement with Klipsch-Card Athletic Facilities LLC to build the Noblesville Fieldhouse at Finch Creek Park during its December 20 meeting. Initial plans for the $15 million, 130,000-square-foot youth sports facility were announced on November 29.

“This is an exciting day for the City of Noblesville. I appreciate the vision of the Noblesville Common Council members to address a need that benefits our community’s youth sports clubs and the positive impact this project will have for our local businesses. I also want to thank our partners at Klipsch-Card Athletic Facilities LLC for working with us to create a state-of-the-art facility like the Noblesville Fieldhouse. We can’t wait to get started on Finch Creek Park and the Fieldhouse and what opportunities and experiences it will bring to the east side of our city.”

Mayor John Ditslear

Since the November 29 announcement, officials worked out a new financial deal as part of its public-private partnership agreement that removes $300,000 of the city’s annual commitment. The new terms agreed to by both sides include:

  • $300,000 annually in Property Tax for 20 years.
  • $250,000 annually from the Corporate Campus East TIF for 20 years.
  • Sell 10 acres of land for $500,000 – which is just 5 percent of the total Finch Creek Park property of 203 acres.
  • Klipsch-Card is responsible for renting facility 100 percent of the time
Klipsch card athletic facilities

“Rather than having the City commit to or having specific time available during the week, we would allow Klipsch-Card to have 100 percent of the time available with the guarantee that any Noblesville-based organization/club/501c(3) receive a 25 percent discount on the rental rate of the facility during the week. This means there will be no revenue sharing as Klipsch-Card will capture 100 percent of the revenues and the City reduces our annual commitment in the deal by $300,000.”

Mayor John Ditslear

This project does not provide a tax abatement. Klipsch-Card is responsible for paying all capital (construction), operating, and maintenance costs.

“Had the land remained only a city park, there would be zero property tax dollars generated, so this project nearly pays for itself,” said Ditslear. “In return, Noblesville gains a first-rate youth sports complex that will support local youth sports, attract athletic tournaments from outside our region and bring greater tourism spending to support our community including hotels, restaurants, and retail businesses.”

The city has been in discussions since spring with Mike Klipsch and Andy Card, co-presidents and CEOs of Klipsch-Card Athletic Facilities LLC. Their plan for the Noblesville Fieldhouse, includes five hardwood courts, 75,000 square feet of indoor turf, and a 10,000-square-foot physical therapy office. At the Council meeting, Card announced plans for a potential 200-meter indoor track that will surround the turf fields and be approved by USA Track and Field, which makes hosting indoor track and field events a possibility.

Card said that since the announcement, they have received interest from a volleyball club with 100 teams, baseball teams and tournaments, an international soccer academy, flag football organization, a Futsal League, and if Noblesville could become the international Pickleball headquarters.

“Baseball, volleyball, and track will be the prominent sports,” he said. “Noblesville Fieldhouse will be different than anything else in the country. It will be so unique and set Noblesville apart from anything else in the youth sports industry.”

The Noblesville Fieldhouse helps jumpstart the construction of the City’s sixth park on the east side of Noblesville near Klipsch Music Center, Hamilton Town Center, and Exit 210. The 203-acre Finch Creek Park, which will be built out in phases, is bordered by Boden Road on the east and East 166th Street to the north.

Budgeted at $8.9 million for construction of phase I, Finch Creek Park is expected to break ground in late spring 2017 and begin with the southeast portion just north of the Blue Ridge Creek neighborhood development on Boden Road. The cost of construction includes all utility relocations, infrastructure, roads, parking, play areas, landscape, lighting, and more.

“As the first public park on the east side, we’re excited to move forward with Finch Creek Park and address the needs of the growing population out there,” said Noblesville Parks Director Brandon Bennett. “Fifty-six percent of the Noblesville housing permits are east of State Road 37. The City’s five current parks are all located west of 37 so those residents on the east side of town do not have park amenities in close proximity to their homes. Thankfully, in the near future, all of Noblesville will be able to enjoy all of Finch Creek Park’s green space with active and passive areas.”

Bennett said the anticipated park amenities included in the first phase of construction include three shelters, a restroom, age-appropriate playgrounds, a spray ground, basketball and pickleball courts, park parking lots, a large berm utilized as a play feature, trail connections, and a maintenance facility.

Don’t Miss Out!

Sign up for our newsletter and be among the first to hear about the latest available properties in Noblesville.

Q
Noblesville Logomark

Subscribe to Enews Alerts

* indicates required
Subscriber Interests

News Topics

Noblesville Economic Development

Noblesville Economic Development

The Noblesville Economic Development Department is dedicated to fostering a vibrant and sustainable economic environment within the City of Noblesville, Indiana. Our mission is to strategically attract, retain, and expand industry investments through policies, processes, marketing, and collaboration. We aim to foster a creative economy that enhances community awareness, appreciation, and engagement, while creating an environment that encourages forward focus while maintaining the integrity of our heritage.

Choose Noblesville

Noblesville is a city where COMMERCE, CULTURE, and COMMUNITY are alive with a vibrancy that intersects at the Heart of It All.

Quality Control

Quality of Life

Noblesville offers a quality of life abundant with local and regional amenities.

Quality Life in Noblesville →

Nature

Recreation

We have multiple bodies of water and trails for the outdoor nature lover.

Recreation in Noblesville

Culture

Culture

With a rich history as one of the oldest and most established cities in Hamilton County, we have an idyllic and unique community. 

Culture in Noblesville →

Healthcare

Healthcare

The City of Noblesville and the State of Indiana are home to several world-renowned healthcare systems.

Healthcare in Noblesville →

Nationally Recognized

Noblesville Schools

Top Talent

Workforce

Crossroads of America

Location

Relocating to Noblesville?

What We Do

We are dedicated to serving and growing Noblesville businesses by building long-term partnerships.

Business Retention

Business Retention & Expansion

Noblesville has several initiatives to help grow your business.

Noblesville Business Retention Initiatives →

Employers

Employers

Outstanding employment opportunities draw highly-skilled individuals to our area.

Get to Know Local Employers →

Featured Developments

Noblesville has a diverse collection of new and soon-to-be-developed mixed-use properties for prospective businesses. See an overview of some of our key development projects:

Development Projects in Noblesville →

Discover:

Discover Aero Blue

Washington Business Park

Discover WBP Today →

Discover Aero Blue

East Bank Apartments

Discover EBA Today →

Business Climate

As the 10th largest city in Indiana, Noblesville serves as a regional business, manufacturing, and innovation hub.

Cost Of Business

Cost of Doing Business

Business-focused efforts have helped our community and state grow strong.

Learn About Noblesville Tax Climate →

Incentives

Incentives

Indiana incentives and grants for companies that choose to locate or grow here.

Incentives in Noblesville →

Utility Rates

Utilities & Rates

Noblesville utility costs are surprisingly low compared to the rest of the nation.

Noblesville Utility Rates →

Emerging Industries

Life Science Innovation, Health Technology, and Advanced Manufacturing are just a few of our seven market sectors successfully growing and expanding in our community.

Learn About Noblesville Industries →

Site Selection Aero Blue

Available Properties

Property Search →