5,000 seat facility could be completed by July 2011
June 18, 2008 (Towson, Md.)—As a growing competitor in NCAA Division I athletics, Towson University is planning to construct a 5,000-plus seat multi-use arena facility complete with state-of-the-art video screens, entertainment suites/boxes, and expanded lobbies.
The existing Towson Center, home to the university’s indoor athletic sports and site of scores of community events such as high school graduations, was built in 1976 and is below current standards of comparable university facilities.
After a comparative analysis of renovation cost versus new construction cost, university planners determined that, given the scope of work, an entirely new arena would be most economical. For approximately the same cost as a renovation, Towson University will have a new arena with the added benefit of preserving the old arena and keeping it operational for practice, general education classroom space, and event space. Moreover, classes and events can continue in the old arena while the new one is under construction.
The project will be funded with a mix of university funds and auxiliary bonds. The current cost estimate, before an extensive detailed design, is approximately $45.4 million. This projection could change as more specific design plans are under way and a construction company is selected.
If the project receives all of its approvals by the Board of Regents and Board of Public Works as scheduled, construction could begin by July 2009 and be complete as early as July 2011.