INDIANAPOLIS -- The Colts and the city of Indianapolis have
agreed on a deal to build an 63,000-seat stadium with a 30-year
Indianapolis Mayor Bart Peterson, team owner Jim Irsay and other
officials announced the deal on the field of the RCA Dome before
the Colts' nationally televised game Sunday night against the
The deal also would allow the city to expand the Indiana
Convention Center, which is adjacent to the RCA Dome, bringing the
cost of the project to about $800 million.
The stadium, to be located about a block south of the RCA Dome,
is scheduled to open by fall 2008 and include a retractable roof
similar to Reliant Stadium where the Houston Texans play.
Peterson said the new stadium would allow the city to bid on
Super Bowls. The 63,000 seats can be expanded to 70,000, the
minimum required to host a Super Bowl.
The stadium also would be designed for NCAA basketball, so it
could host the Final Four. Peterson said the NCAA was involved in
The RCA Dome has the smallest seating capacity among current NFL
stadiums at 55,506.