The Mayor of Lebanon, Matt Gentry, has scheduled a press conference this morning to announce a new development planned for the site of the former Holiday Inn on the Ind. 39 and Interstate 65, across from the Flying J.
The announcement is expected to begin at 10:30 a.m.
The ad is billed as “Mayor Gentry expands the reach of Lebanon’s economic development with a vast multi-sport, residential and entertainment campus.” Also in attendance will be the CEO of Card and Associates, LLC, a developer with projects such as the Grand Park Fieldhouse in Westfield, now known as Pacers Athletic Center, and Finch Creek Fieldhouse in Noblesville.
According to the company’s website, Card and Associates offers a variety of services ranging from feasibility studies to partnering with municipalities to build – or even operate – these types of sports or fitness facilities. In Pendleton, the company opened a community sports and wellness center that includes fitness, rehabilitation, tennis, gymnastics, a small cafÃ© and a doctor’s office.
The announcement will likely describe the partnership with Card and what will be developed.
There was a lot of speculation on the site of the old Holiday Inn which was advertised as the Holidome. Built 52 years ago, the hotel closed in 2008 as a Quality Inn.
The announcement comes as Waterford’s development of more than 2,000 acres by Henke and Associates begins south of the city.