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IU Athletics Announces Capital Campaign To Include New And Renovated Facilities
Updated March 7, 2016 6:57 AM | Filed under: Education
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(BLOOMINGTON) - Indiana University Athletics announced a capital campaign Sunday that will include new and renovated facilities throughout the department.

The fundraising goal of $170 million is part of the For All Bicentennial Campaign in honor of the university's anniversary in 2020.

The University-wide campaign has a goal of $2.5 billion, the largest in IU history.

IU Athletic Director Fred Glass say IU has already raised $124 million of the athletic department's goal.

There are six projects in total, two of which will be completed only if funding goals are exceeded.

The four main projects include the completion of the renovations to Simon Skjodt Assembly Hall, the closing of the south endzone of Memorial Stadium, the building of the Cuban Center and the building of a new indoor arena. The new indoor arena will seat 3,000 and be used mainly for the school's wrestling and volleyball programs.

If funding goals are exceeded, the University hopes to complete two additional projects, one of which would be the renovation of Armstrong Stadium, which hosts both of the school's soccer programs as well as the Little 500.

The other project would be the renovation of the school's golf course.

The estimated $50 million south end zone Excellence Academy at Memorial Stadium will include the Institute for Sports Medicine and Technology, Institute for Leadership and Life Skills, premium seating, a terrace, new video boards at both end zones and a new entrance way.

The $40 million Assembly Hall renovations donated by Cindy Simon Skjodt have been underway since April 2015, will include a new South Lobby and atrium in addition to a new video board and up-to-date restrooms and concession stands.

The Mark Cuban Center will be located in Assembly Hall and will provide access to innovative technologies for students and the athletic department to utilize. It is a product of a $5 million donation from famed IU alumnus and businessman Mark Cuban.

A new indoor arena will be home for IU volleyball and wrestling. It will be a 3,000-seat, indoor, multi-purpose venue and is expected to cost $15 million.

IU will also be renovating the golf course if it can raise $11 million in donations. The renovations will include an updated 

The other proposed renovation dependent upon funding is at Armstrong Stadium, where both soccer teams play. The estimated cost is $6 million.

All of the projects are expected to be completed by the end of the school's Bicentennial year, 2019-2020.

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