Concert venue eyed for closed GM Indianapolis site

Old GM stamping plant (August 2014 WTHR file photo)
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A developer wants to build a 15,000-seat outdoor concert amphitheater on the site of a closed General Motors metal-stamping plant near downtown Indianapolis.

REI Investment Inc. has reached a deal to buy the 102-acre factory site from the trust that's overseeing cleanup and sale of the site just south of the Indianapolis Zoo. The agreement calls for the developer to sell half the site to the city for a planned jail and courts complex.

The new venue would compete with the 24,000-seat Klipsch Music Center in Noblesville and the nearby White River State Park's 7,500-seat amphitheater.

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