(05-02-2017 11:26 AM)boroeagle2 Wrote:  

(05-01-2017 01:20 PM)Duke Dawg Wrote:  

(05-01-2017 01:16 PM)mturn017 Wrote:  

(05-01-2017 01:02 PM)Duke Dawg Wrote:  

(05-01-2017 12:03 PM)mturn017 Wrote:  Really? This says you're only 59% towards achieving the fundraising goal.

http://www.jmuconvo.com/#invest

http://www.breezejmu.org/sports/jmu-plan...2863f.html

"Jeff Bourne has noted that if the school is unable to reach the $12 million fundraising goal, the university could sell naming rights to the arena to fill the gap"

Gotcha. So you raised 7 out of 12 million.

it's raised. they have sponsorships lined up. it's getting built. ground breaking will start this year.

This thread is a giant sh!t show, so I rarely do more than glance at the newest postings, but this $12 million for a new basketball arena discussion caught my attention. What type of seating numbers/specs are you talking about for that project? Us at GS have been in some form of (very preliminary) discussions about a new arena for years now, and the numbers I've seen have been significantly north of 12M. I would also think, if there were much difference, construction in general would be more expensive up in VA than where we are in south GA. Just curious, not meant to be a shot or anything.

The 12 million was the goal the administration set to be fundraised before the project continued with the rest of the costs being financed through state bonds. The total cost of the project is around $88 million. The fundraising hit a wall but I guess the admin wanted to continue on and plan on selling naming rights to make up the difference. If they build it like the pictures show, it'll be real nice.

http://www.jmuconvo.com/