CONFIRMED: Indiana Pacers Approves $835 Million Stadium Renovation Project for 2025 and….

The Indiana Pacers have officially approved an $835 million renovation project aimed at transforming Gainbridge Fieldhouse into one of the most modern and fan-friendly arenas in professional sports. The ambitious plan, confirmed by team executives and city officials today, is scheduled to begin in early 2025 and will unfold in phases through 2027.

A Vision for the Future

The renovation will focus on upgrading the fan experience, enhancing sustainability, and ensuring the arena remains a cornerstone of Indianapolis’s downtown revitalization. Among the planned improvements are:

State-of-the-art seating upgrades with enhanced sightlines and premium options

An expanded concourse featuring new food and beverage vendors

A massive high-definition scoreboard and immersive digital displays

Eco-friendly infrastructure including solar paneling and water conservation systems

A redesigned plaza area for year-round public use and community events

“We’re proud to continue investing in our city and our fans,” said Pacers Sports & Entertainment CEO Rick Fuson. “This renovation ensures that Gainbridge Fieldhouse will remain a premier destination for basketball, entertainment, and community events for decades to come.”

Funding and Support

The $835 million project will be jointly funded by Pacers Sports & Entertainment and public-private partnerships, including city and state contributions that were previously approved in legislation passed in 2023. City officials emphasized that no new taxes will be introduced as part of the financing plan.

Indianapolis Mayor Joe Hogsett praised the collaboration, saying, “This project is a powerful statement about our commitment to keeping the Pacers in Indianapolis and investing in a thriving downtown. It will create thousands of jobs and boost local businesses.”

What It Means for Fans

The team has confirmed that the Pacers will continue playing home games at Gainbridge Fieldhouse during the renovation, with construction strategically planned around the NBA season. Certain fan zones and amenities may be temporarily closed during specific phases, but officials assure minimal disruption to game-day experiences.

Additionally, the renovation is expected to pave the way for future events such as NBA All-Star Games, NCAA Final Fours, and concerts by top global performers.

Looking Ahead

This renovation marks one of the most significant investments in Indiana sports infrastructure in over a decade. With the Pacers’ young core and competitive outlook, the upgraded facility is expected to fuel both on-court success and off-court economic impact.

“The future of basketball in Indiana has never looked brighter,” Fuson added. “This is more than a facelift—it’s a reimagining of what a modern sports venue can be.”