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Penn State’s Board of Trustees is expected to vote on the bulk of the $700 million proposed plan to renovate Beaver Stadium during a public meeting Tuesday.
Penn State announced in February 2023 that it would renovate the 64-year-old football venue that is the nation’s second-largest, rather than build new. Penn State President Neeli Bendapudi and athletic director Pat Kraft have reiterated over the past year that renovating would be significantly more economical.
Penn State’s BOT already approved the first $70 million chuck of funding for the project last May. That included design and consulting work, backlogged maintenance and winterizing Beaver Stadium in order to host a potential December playoff game.
Tuesday’s 10:30 a.m. board of trustees meeting will be livestreamed and can be watched on trustees.psu.edu.
Nov 20, 2021; University Park, Pennsylvania, USA; A detailed view of Beaver Stadium prior to the game between the Rutgers Scarlet Knights and the Penn State Nittany Lions. Mandatory Credit: Matthew OHaren-USA TODAY Sports
The renovations, as a whole, would be scheduled to be completed before the 2027 football season and will be funded through loans, fundraising, sponsorships and new premium seating options − not with tuition dollars, student fees or from Penn State’s overall budget, Bendapudi said.
In October, Penn State announced that it had hired Populous − a leading architectural firm led by former Nittany Lion and NFL linebacker Scott Radecic − to design the project. Improvements will focus on the West side of the stadium and will include adding more than 50 suite and loge boxes and thousands of club seats and reconstructing the press box.
More details and updates related to the design, cost and expected completion could be released Tuesday.
Meanwhile, at least one Penn State board member, alumni-elected…
Source link : https://sports.yahoo.com/700-million-facelift-beaver-stadium-164511441.html
Author : York Daily Record
Publish date : 2024-05-20 16:45:11
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