How much is the renovation going to cost? How is it going to be paid for?
With estimated costs between $100 million and $150 million, the Memorial Stadium project is one of the most ambitious in University of Illinois history. Funding will come from the sales of luxury seating, including suites and club seats, which will allow for payment on the debt service of newly issued 30-year bonds. In addition, a private capital campaign, featuring naming opportunities within the renovated stadium, will provide another significant source of funds. No state money or tuition assessments will be used to finance the renovation project.
