*BREAKING NEWS: Indiana Pacers Unveil \$1.3 Billion Renovation to Gainbridge Fieldhouse, Redefining the Future of College Basketball**
*Indianapolis, IN – June 29, 2025*
In a move that is sending shockwaves through the sports world, the Indiana Pacers, in collaboration with the City of Indianapolis and several major private investors, have officially unveiled a \$1.3 billion renovation and expansion of **Gainbridge Fieldhouse**, the iconic home of the NBA franchise. But this is more than just a facelift—this is a full-scale reimagining of what a sports and entertainment complex can be, with a surprising twist: it’s being branded as the future **epicenter of college basketball in America**.
At a press conference held early this morning, team officials, city leaders, and representatives from the NCAA revealed the massive overhaul, dubbed “**Project Hoosier Horizon**,” will transform the arena into a **state-of-the-art basketball metropolis**. Construction is already underway and is expected to be fully completed by Fall 2027.
### A Hoosier Legacy Reborn
“Today isn’t just about steel and glass,” said Rick Carlisle, head coach of the Pacers. “It’s about legacy. It’s about Indiana basketball—NBA, NCAA, and beyond.”
The Fieldhouse, which originally opened in 1999, has long been hailed as one of the best venues in the NBA due to its intimate sightlines an