In what fans and city officials alike are calling a game-changing announcement, the Indiana Pacers have unveiled plans for a massive $250 million renovation of Gainbridge Fieldhouse, aimed at transforming the arena into one of the premier sports and entertainment venues in the country.
“This is the best news we could hope for,” said Pacers Sports & Entertainment CEO Rick Fuson at a press conference earlier today. “We are making a bold investment—not only in our team and our fans, but in the city of Indianapolis.”
A Vision for the Future
The renovation project, set to begin in early 2026 and span two years in phased construction, will include:
Expanded and upgraded seating areas, with more legroom and premium viewing sections
Enhanced food and beverage options, including local vendors and in-arena dining experiences
State-of-the-art LED displays and scoreboard technology, offering an immersive game-day atmosphere
A reimagined concourse, featuring interactive fan zones, upgraded merchandise shops, and digital exhibits celebrating Indiana basketball history
A cutting-edge sound system and lighting upgrades, delivering a true arena experience for both sports and concerts
Improved accessibility and sustainability features, aligning with modern building standards and green initiatives
The renovation will be funded through a combination of private investment from Pacers Sports & Entertainment and existing revenue-sharing agreements with the city and state, ensuring no new tax burden on Indiana residents.
A Win for the Community
Local leaders have praised the announcement, viewing the renovation as a catalyst for further downtown development and economic growth.
“Downtown Indianapolis is thriving, and this investment sends a clear message: we’re just getting started,” said Mayor Joe Hogsett. “This project is more than a renovation—it’s a commitment to our future.”
The Pacers have also promised that throughout the renovation, community outreach programs and public access to the venue will continue. Additionally, the project is expected to create hundreds of construction and long-term jobs.
What This Means for Fans
For longtime Pacers supporters, the news is both a nod to the franchise’s storied past and a leap toward a brighter future.
“This team belongs to Indiana, and we’re building an experience that reflects that passion,” said Head Coach Rick Carlisle. “This is where basketball lives—and now, it’s going to feel like it more than ever.”
Season ticket holders will receive priority access to new premium seating options, and the team has assured fans that the Pacers’ home games will continue at the Fieldhouse during the renovation, with work taking place in the off-season and during road trips.
The Bottom Line
From new tech to old-school Hoosier pride, the Indiana Pacers’ $250 million renovation plan isn’t just good news—it’s a slam dunk. Fans can expect more comfort, more energy, and more reasons to cheer as the franchise continues to build a legacy both on and off the court.
