USD campus projects approved by South Dakota Board of Regents
Oct. 11, 2012
VERMILLION, S.D. - The South Dakota Board of Regents authorized the University of South Dakota to move forward on three major campus projects: the USD Sports Performance Enhancement Facility Arena and Outdoor Track and Soccer Complex, the USD Science, Health and Research Lab, and the expansion of the Muenster University Center.
All three projects, totaling more than $70 million, were approved by the Board of Regents during a meeting on the USD campus this week. The Sports Performance Enhancement Facility includes a 6,000-seat arena for basketball and volleyball, and an outdoor track and soccer complex. The Science, Health and Research Lab Building, which will connect the DakotaDome with the new arena, will accommodate occupational therapy, physical therapy, physician's assistant, kinesiology and sports sciences. Together, these two facilities total $58.8 million and will transform the DakotaDome and surrounding area into a unique Division I athletic and academic complex.
"This is a great day for Coyote Athletics as all of the things we brought forward to the Board of Regents were approved for the next phase. We're grateful for the regents' support allowing us to take the next step and move forward with these athletic and academic projects." said USD Athletic Director David Sayler. "But we're not done. Now is the time for Coyote fans to step up and pledge their support to ensure that these projects are completed."
The Science, Health and Research Lab was approved by the legislature in 2012, and USD's final step in the approval process before construction of the Sports Performance Enhancement Facility and Outdoor Track and Soccer Complex lies with state legislators. University officials will make a presentation for those facilities in Pierre before state lawmakers in January.
Additionally, the Board of Regents granted final authorization for USD to move forward on an $11.6 million expansion of the Muenster University Center. The MUC, completed in 2009, would increase its present size from 70,000 square feet to an additional 30,000 square feet to improve campus dining options for USD students. Construction on the expansion is already underway.
UPDATE: CorTrust Bank invests $1.5 million in USD
May 21, 2013
VERMILLION, S.D.--CorTrust Bank president and CEO Jack Hopkins has made a $1.5 million investment in University of South Dakota and the Coyotes' athletic facility master plan which includes a 6,000-seat arena for basketball and volleyball, and an outdoor track and soccer complex. The announcement comes on the heels of strong fundraising for the project which is now in the final stages of design.
"We look at this as an important economic development tool for the state of South Dakota," said Hopkins, a 1984 graduate of USD. "The addition of these facilities will help in the recruitment of athletes and students to the University of South Dakota. That will mean more graduates who employers can recruit to stay within South Dakota upon graduation."
USD and CorTrust Bank have been partners since 1984. This investment extends CorTrust Bank's current marketing relationship with Coyote athletics. Additionally, CorTrust Bank will receive naming rights to the club area of the new arena.
"Our partnership with CorTrust Bank and the Hopkins Family extends back to the early 1980s," said USD Director of Athletics David Herbster. "By the time this agreement runs its course, we will have had a 50-year relationship with the family. We are fortunate and blessed to have the trust and commitment to continue our forward momentum into not only this campaign, but the future of Coyote athletics."
CorTrust Bank's commitment puts fundraising for the new facilities above the $50 million mark. In addition to the new 6,000 basketball/volleyball arena, the overall athletic facility master plan includes a new 400-meter outdoor track, two soccer fields, two practice football fields and two practice basketball courts. Connecting the DakotaDome to the new arena will be a three-story building which will be the new home for the departments of Physical Therapy, Occupational Therapy and Kinesiology & Sports Sciences. New training and weight rooms along with classrooms, offices and a new hospitality area will also highlight the connector building.