Friday, August 14, 2026

Schools Spending Hundreds of Millions on Facilities

  • Iowa State is the latest school to level up with a game-changing construction project.
  • The school has unveiled plans to build a $200 million entertainment and retail development.
Iowa State University

Iowa State is the latest school to level up with a game-changing construction project.

The school has unveiled plans to build a $200 million entertainment and retail development between its football stadium and basketball arena. 

“Our goal has been to develop something unique to Ames while helping our community support, attract, and retain students, businesses, visitors, and new residents,” said athletic director Jamie Pollard.

  • The development will be called CYTown and located on a 3-acre site.
  • It will have an amphitheater, luxury suites, a public plaza, retail, and office space.
  • The project is pending approval from the Iowa Board of Regents.
  • It will be funded mostly from “land monetization opportunities,” per Iowa State. 

CYTown, which has a target completion date of August 2025, will be part of a development project at Iowa State that included $60 million in upgrades to the Stark Athletic Performance Center. 

The 130,000-square-foot facility is the main academic and training resource hub for Iowa State athletes.

The school has also spent $50 million to build the Sukup End Zone Club at Jack Trice Stadium and $30 million for the facility’s Albaugh Family Plaza and Concourse, among other upgrades. 

Not Alone

Florida officially opened its new $85 million football headquarters in August. The 142,000-square-foot facility has a state-of-the-art locker room and training center.

Boise State also announced more than $300 million in future renovations to the Athletics Master Village — the school’s main football complex. As part of the upgrades, the complex will receive a new weight room, dining hall, and “premium” seating.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLB Field of Dreams Tickets Push Near $1,000

Fans clamor for seats as the local weather forecast remains uncertain.

Most Big 12 Schools Turning Down $30M RedBird Credit Line

11 schools say they’re declining the money. They have a one-year window.

Top Transfer Audi Crooks Picks Oklahoma State in Surprise Move

Crooks played her first three seasons at Iowa State.

Iowa State Star Audi Crooks Enters Transfer Portal

Crooks, an Iowa native, has one year of eligibility remaining.
podcast thumbnail mobile
Front Office Sports Today

Lakers’ Shocking $12.5B Sale, Cuban Drops Mavs Suit, Field of Dreams Tickets Soar

0:00

Featured Today

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
Mar 18, 2015; Portland, OR, USA; General view of the Moda Center exterior prior to the second round of the 2015 NCAA Basketball Championship.

Portland Votes to Add $120 Million to Moda Center Renovations

The team now has $586 million toward renovations approved.
August 10, 2026

Tampa Overhauls Rays $2.3B Stadium Funding As Clock Ticks

The city is shifting to a tax-increment financing structure.
Clouds move over the top of Highmark Stadium in Orchard Park on Aug. 8, 2026.
August 10, 2026

Bills Are ‘Addressing Feedback’ After New Stadium Debut

Obstructed-view seats have become a focal point of the new facility.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
Apr 24, 2026; Portland, Oregon, USA; Portland Trail Blazers guard Scoot Henderson (00) shoots the ball over San Antonio Spurs guard Dylan Harper (2) during the second half during game three of the first round of the 2026 NBA Playoffs at Moda Center.
August 7, 2026

County Votes to Approve $100M for Blazers Arena Upgrades

County leaders vote to support renovations, but a funding source is unclear.
August 5, 2026

Blazers Gain Public Backing, but Arena Talks Still Contentious

Citizen support for the arena renovations arrived from several different sectors.
August 2, 2026

Browns Opt for Turf in New Stadium Despite NFLPA Push for Grass

The team’s new stadium will reportedly feature artificial turf.
July 28, 2026

Royals Stadium’s $600M in City Funding Faces Local Opposition

Protesters shut down a zoning meeting about the planned ballpark project.