One of the most interesting elements of the South Dakota Board of Regents building process is that it’s a slow burn, details emerging over months and without much pomp or circumstance.
That’s going to be the case with a proposed new football stadium at South Dakota State, too. First, the intention to move forward was made clear during a building committee meeting and now a facility program plan - to be presented to the Regents next week - has been posted online in the meeting agenda.
You can find the full document here. But I’ve taken the liberty of highlighting a couple of new or noteworthy details:
The building would cover 277,000 square feet. That’s (obviously) larger than Coughlin-Alumni Stadium and means there could be changes to the east practice field and the west parking lot. Plus, the current scoreboard will be moved further south.
The University Police Department will get 5,700 square feet of space along with 1,500 for an apparel shop. A venue map also shows room for a Hall of Fame area.
SDSU plans to come up with at least $10-15M from private donations and naming rights and use bonds to cover up to $50M, repaying that through revenue from season-ticket sales, amenity seats, sponsorships, concessions and facility use fees.
A check on fundraising progress will made in November. Every $1M raised will decrease the annual repayment cost by $75,000.
A consulting firm will help the school formulate what sort of revenue is possible in this market from amenity seats.
The building committee recently gave SDSU the approval to beginning selecting a Construction Manger at Risk for the project. That’s important because it keeps alive both potential timelines. Yes, there are more than one. Being open by the start of the 2015 season - instead of the previously mentioned 2016 opener - is on the table as an “accelerated approach.”
That’s going to require the Regents to allow SDSU to use the CMR approach, as it did with the Sanford-Jackrabbit Athletic Complex.
If built at 18,000 seats that would break down as 13,334 for general admission, 3,000 compensatory (students, band) and 1,666 for suites and club, loge and alumni club options.
Seats between the 10-yard lines will be chair-back style with bleachers elsewhere.
Terry Vandrovec also posts regular updates on his Twitter page.