WESTFIELD, Ind. — The City of Westfield announced the future of Grand Park is secure thanks to a new public-private partnership to manage the compound.
The alliance puts to end a 21-month selection process involving 17 bids to manage and develop the facility.
Here's how it will work:
Indy Sports & Entertainment and Bullpen Ventures will manage the facility around youth sports. They will also work to attract large sporting and entertainment events and diversifying Grand Park’s current sports offerings.
Keystone Group, an Indianapolis-based leader in mixed-use development projects, including Eleven Park, the proposed 20,000-seat multi-purpose stadium in downtown Indianapolis, is the City of Westfield’s development partner for Grand Park.
“Since its inception, my vision for Grand Park has been establishing a world-class venue for youth sports and a dynamic economic engine for Westfield. We’ve not only achieved but exceeded those initial goals by far," said Mayor Andy Cook. "I am confident that this strategic partnership will propel Grand Park to even greater heights in the years to come, significantly contributing to Westfield’s ongoing economic development.”
Indy Sports & Entertainment plans to build a new "world-class training facility" at Grand Park. That facility will become the official training home of the Indy Eleven and the new women’s professional team that will play in the Super League.
“Our bid from the outset was to show the City of Westfield that we had capabilities to provide best-in-class management and operational excellence of the Grand Park Sports Campus for long-term sustainability and growth," said Greg Stremlaw, President and CEO of Indy Sports & Entertainment and Indy Eleven.
According to a release, from 2019-2022, Grand Park had a $1 billion impact on the economy with $632 million in wages and 18, 637 jobs.
The City of Westfield will retain ownership of Grand Park. The facility will celebrate its tenth anniversary in 2024.