NK Hurst Settlement? Maybe.
I’m hearing a deal will be announced tomorrow between the NK Hurst Bean Company and the Indiana Stadium Building Authority. Neither side is commenting but a source close to the negotiations tells me that under the deal, NK Hust will be allowed to stay at its current location just south of the new stadium. There will be some type of land swap will be announced at a news conference tomorrow. There’s no word on how much each side will pay for the land swap, however a source says the SBA will likely build a parking garage on the land it receives. Like I said, neither side will comment on the deal which is expected to be announced tomorrow. The two sides would have gone to court in August had they not worked out an agreement.
