The University has received pledges that could allow construction of the new multi-purpose arena to begin within the next 90 days, according to an article in the Richmond Times Dispatch.
The article, published yesterday, claims that the University had $60 million in pledges for the arena at the beginning of March, but needs commitments of at least $80 million for construction to begin.
The arena, which will replace University Hall, is a $128 million project.
Officials hope that the arena will be completed in time to open by the 2006-2007 school year. If construction begins by this summer, the arena should be finished according to schedule.
The University has neither announced nor confirmed that they have received these pledges.
Read More
How Youngkin reshaped Virginia during his term
By Ford McCracken | 10 hours agoAfter nearly four years in office, here is an overview of how Youngkin changed Virginia.
Spanberger, Callsen and Laufer outline legislative priorities following election victories
By Brendon Bordwine | YesterdayAs the campaigns drew to a close following sweeping Democratic victories, attention now turns to how Gov.-elect Abigail Spanberger and Charlottesville-area Dels. Katrina Callsen and Amy Laufer will shape the future of Charlottesville in their upcoming terms, especially for students at the University.
UJC celebrates 70th anniversary, adjudicates 10 cases in case-heavy fall semester
By Grace Little | YesterdayThe University Judiciary Committee has adjudicated ten cases this semester and has 17 pending cases.
