• Loading stock data...
Sunday, December 15, 2024

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.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sep 21, 2024; Columbus, Ohio, USA; Marshall Thundering Herd running back Ethan Payne (28) dives in for the touchdown during the first quarter against the Ohio State Buckeyes at Ohio Stadium. Mandatory

Portal-Depleted Marshall Bows Out of Independence Bowl

Louisiana Tech (5–7) will take Marshall’s place.
Caitlin Clark

Caitlin Clark Is Next Up for Taylor Swift With the Eras Tour..

Swift told Clark she and Travis Kelce want to watch the Fever.
Sponsored

Racing Forward: How SailGP is Redefining High-Performance Sailing and Championing Gender Equality

The most exciting racing on water is making waves by rewriting the narrative of what’s possible for women in high-performance sports.

Featured Today

Michigan signee Bryce Underwood smiles during national signing day at Belleville High School in Belleville on Wednesday, Dec. 4, 2024.

Reader Mailbag: Is the NIL Era Out of Control?

Readers had a lot to say about Ellison and the NIL era.
December 13, 2024

The Top-Secret Operation to Create the Army-Navy Football Uniforms

The two-year process includes dozens of employees, NDAs, and military historians.
Nov 2, 2024; Denver, Colorado, USA; Detailed view of a Wilson NBA basketball held by a referee during the second half between the Utah Jazz against the Denver Nuggets at Ball Arena
December 9, 2024

‘Obvious Weak Point’: Refs Remain an NBA Gambling Concern

A season after Jontay Porter, the biggest risk may not be players.
Nov 2, 2024; Ann Arbor, Michigan, USA; Michigan Wolverines cheerleader runs with a flag before the game against the Oregon Ducks at Michigan Stadium.
opinion
December 7, 2024

College Football’s Billionaire Backer Era Begins

Is this the new normal in CFB recruiting?

New Sixers Arena Clears Key Philadelphia City Council Vote

The team still needs one more vote to move ahead.
Nov 3, 2024; Harrison, New Jersey, USA; New York Red Bulls midfielder Lewis Morgan (9) heads a ball during the first half against the Columbus Crew in a 2024 MLS Cup Playoffs Round One match at Red Bull Arena.
December 11, 2024

MLS Team to Play in ‘Sports Illustrated Stadium’ in $100M Naming Deal

It’s a partnership with a sister ticketing platform company, not the magazine.
Speaker of the House Mike Johnson responds to reporters questions while departing a press conference at the U.S. Capitol in Washington, D.C. on Tuesday, Sept. 24, 2024.
December 12, 2024

RFK Stadium Bill Making Quiet Progress in Congress

It gives D.C. control of the 174 acres underneath the old stadium.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
December 10, 2024

Manfred Reinforces MLB Interest in Tampa Remaining Rays Home

The commissioner meets with state and county officials to support the Rays.
Dec 7, 2024; Washington, District of Columbia, USA; Washington Wizards guard Jordan Poole (13) reacts after the final horn against the Denver Nuggets at Capital One Arena.
December 10, 2024

Capitals, Wizards Owner Monumental Aims to Drive ‘Downtown D.C.’s Comeback’

Monumental Sports, which owns the Wizards, is ready to anchor a D.C. comeback.
December 6, 2024

Las Vegas Doubles Down on Sports With $1.75B Ballpark and NBA Arena

Ballpark and arena projects in the booming sports market receive key approvals.
December 5, 2024

Rays Reversal: St. Pete Approves $287M Stadium Bond Package

The approval gives the embattled project a big dose of resurgent energy.