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Lane Stadium |
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West Side
Expansion |
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Virginia Tech
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| In August of 2003,
the VT Board of Visitors (BOV) approved a final model for the expansion
to Lane Stadium's West side, with the following highlights (per a
Roanoke Times article from 8/26/03 on the topic): |
- Cost: $52.5
million.
- Capacity:
Increase from 65,115 to 66,233 (actual seating from 63,699 to 65,167).
- 1,259 outdoor
club seats with $1,500 annual surcharge. (Originally 1,659, but 400
were converted back to standard seating.)
- 782 indoor club
seats with $2,000 annual surcharge.
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- 12 suites
between the towers (22 seats each), $65,000 per year.
- 6 North-wing
suites (19 seats each), $55,000 per year.
- 4 tower suites
(35 seats each), $100,000 per year.
- 1 suite between
the towers (29 seats) for $100,000.
- Other: ticket
offices, Hokie Club offices, new press box, approx. 20,000 square feet
of academic offices.
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- Financing: $15
million in Hokie Club donations, $10 million naming rights, remaining
$27.5 million serviced as debt from box and seat revenue, plus a $3
ticket surcharge (already in place).
- Construction
starts: after 2003 football season.
- Construction
ends: prior to 2005 football season.
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For architectural drawings, click here.
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