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Indianapolis Colts Buying Up Property Around Lucas Oil Stadium


INDIANAPOLIS (AP) — The Indianapolis Colts are on a property-buying spree around Lucas Oil Stadium to control more of its game day parking. The Indianapolis Business Journal reports the Colts have spent at least $6.3 million in recent months to buy about nine acres of land that is mostly vacant and used for parking by other companies since the stadium opened in 2008. Colts executive Pete Ward said it was important for the team to control parking near the downtown stadium, especially for fans tailgating. Ward says the team doesn't have plans to redevelop any of the land.