^
Well…sort of.
From today’s Indianapolis Star (online):
Verizon Wireless Music Center in Noblesville no longer is on the sale block.
Entertainment company Live Nation, which owns the amphitheater and 203 prime acres surrounding it, has pulled the site off the market without saying why.
“I can confirm that we have taken the property off the market,” said Live Nation spokesman John Vlautin on Wednesday.
The state’s prime outdoor music venue had been for sale since December.
It is not known whether Los Angeles-based Live Nation is just changing real estate brokers and whether it intends to relist the property.
Jenna Rowe, a spokeswoman for CB Richard Ellis in Indianapolis, the broker for the site, said she couldn’t comment.
The 18-year-old music center is located in a hot area for commercial development in fast-growing Hamilton County near Exit 10 off I-69, where several large-scale commercial projects worth more than $500 million are under way.
When it became known late last year that the amphitheater site was for sale, thousands of music fans and others signed an online petition to try to persuade Live Nation not to sell it.
Live Nation has carried out a full schedule of shows at the venue this summer. It’s not known if pulling the property from the market means Live Nation intends to keep the site as a music center and book shows into 2008.
Previously, the music company said it wanted to sell Verizon Wireless Music Center and some other music venues it owns because the value of the real estate they sat on was worth more than the value of operating the site for music shows.
