Indianapolis Colts owner and CEO Carlie Irsay-Gordon has urged her generation to ‘finish what we started’ around Lucas Oil Stadium, and has teased renovations to the iconic building and its surroundings.The $8 billion NFL franchise has played at the heart of downtown Indianapolis since relocating from Baltimore in 1984, first calling the RCA Dome home before building one of the league’s premiere stadiums across the street.Lucas Oil Stadium is one of the NFL’s most iconic buildings, but is in line for renovationsGettyWhile Irsay-Gordon believes Lucas Oil is an ‘amazing building’ with ‘amazing bones,’ she wants to see the surrounding area developed.According to the Sports Business Journal, the Colts have acquired nine acres of land in the area, and a real estate development is part of the owner’s long-term vision.Carlie Irsay-Gordon urges Indianapolis to ‘finish what we started’“It’s not just the performance on the field, but it’s also what we started and finished with Lucas Oil Stadium,” Irsay-Gordon said, speaking at the SBJ AXS DRIVE conference in Indianapolis.“We want to finish what we started around that area.NFL Weekly Newsletter - SIGN UP!talkSPORT is your home for NFL in the UK as we launch our biggest year of coverage yet!2026 promises to be an epic year for NFL on talkSPORT – and we want you to join us for the ride.MORE INFO & SIGN-UP HERE!This season will be our biggest ever with live commentary of 90+ games, including behind-the-scenes access to international games and all three London fixtures, plus bumper coverage of Super Bowl 61 at SoFi Stadium.Exclusive interviews, hard-hitting opinion, latest front-office drama and top breaking news – all delivered straight to your inbox each week.“Because if we were going to meet up on Sunday (before the Colts played the Houston Texans in Week 3), we’d have to meet at the NAPA Auto Parts and then hit up the commercial construction employment agency.“And I probably don’t have any craft cocktails there, so you might not be interested in going there.”Irsay-Gordon noted that underdevelopment of the area around Lucas Oil Stadium dates back to the Great Recession, which unfolded as the stadium opened in 2008.She believes it’s time for change.“It’s just such an opportunity that’s so ripe,” Irsay-Gordon added.“And I think the timing is really good because I think a lot of leaders in our community, and a lot of leaders in politics, too, see that it’s time to really fix this and get this right.”Irsay-Gordon wants to transform downtown Indianapolis, close to Lucas Oil StadiumGettyThe Colts opened their home field in 2008, but the surrounding area remains underdevelopedGettyColts hope to make ‘major renovations’ to Lucas Oil StadiumThe Colts owner acknowledged her vision would require public financial support, and described a broader hope of connecting various new developments in Indianapolis, to make it more appealing to walk from one to another.“Our hope is when we start to endeavor to really lean in, and put nuts and bolts into the project, is that it’s going to kind of serve a broader plan for a downtown footprint that’s going to kind of integrate all those things together,” Irsay-Gordon explained.The Sports Business Journal reports that Lucas Oil Stadium itself will require major renovations, which would create more seating options, better food and beverage options, and better audio and video capabilities.A new Colts headquarters and practice facility could be part of the district development zone.The team’s existing HQ is on the western side of the city, around 11 miles away from their stadium. It is built on the same land Indianapolis gave the Colts when they moved from Baltimore.“The way that we practice and the way that we work has evolved a lot in 40 years,” Irsay-Gordon noted.It’s expected the Colts could make ‘major’ renovations to Lucas Oil StadiumGetty“So I think there’s a lot of synergies that are really intriguing to me.“What can we do if we were downtown by our stadium, and how can we use that as an additional catalyst for the neighborhood around our stadium?”