Indiana Athletics announced a $170 million campaign Sunday as part of the university-wide "For All" Bicentennial Campaign.
"The Bicentennial Campaign for Indiana Athletics will help establish this as a new Golden Age of Indiana University Athletics,” Glass said during the campaign announcement Sunday afternoon at Cook Hall, “benefitting all students who participate in intercollegiate athletics for a generation and beyond by providing differentiating facilities and educational support to enable us to continue to compete and excel competitively and financially.”
The campaign has already raised $124 million. Once the fundraising is complete, half the money will go to capital projects such as the Simon Skjodt Assembly Hall renovation, the Mark Cuban Center for Sports Media and Technology, the Memorial Stadium South End Zone Excellence Academy and Football Facility Renovations and the Indoor Arena. If substantial lead gifts allow, the IU Golf Course and Armstrong Stadium will both be renvoated as well. The other half of the money will go toward scholarships.
Both the Assembly Hall and Cuban Center projects will be completed by the 2016-17 basketball season and open at the same time. Construction on the South Endzone is expected to begin after the 2016 football season and be completed in time for the 2018 football season, with an estimated cost of $50 million for the project.
The Indoor Arena will move the wrestling and volleyball programs closer to the other athletics facilities to maintain consistency on the athletics campus. An $11-million dollar project which would create a multi-purpose 3,000-seat venue, its completion is dependent on securing a lead gift.
Glass said he expects all capital projects to be completed by Indiana University's bicentennial year of 2019-20.