Enthusiasm Still High for Iowa's Carver-Hawkeye Arena Project
Mark Jennings, Iowaโs associate athletics director for donor and patron services, said the department has received between $8 million and $9 million in pledges for the $47 million project.
โAs news comes out of the one of the sports offices, it really doesnโt affect this project, because no matter if a player stays or if a player leaves, weโve got to have the project,โ Jennings said. โWeโve got to have the facility. That doesnโt slow us up any. We just keep going forward and stay positive about the project.
โMost of the people weโre seeing have been Hawkeye fans for a long time, and theyโre going to be Hawkeye fans for a lot longer...no matter which players are here or gone. Thank God they feel that way.โ
Four Iowa menโs basketball players have left the team within the last couple of days. Junior guard Jermain Davis said Wednesday he had obtained his scholarship release to play for Minnesota State-Mankato, a Division II school.
Sophomore Jake Kelly likely is headed to an Indiana college, while sophomore Jeff Peterson and junior David Palmer are also leaving.
Both Jennings and Iowa Athletics Director Gary Barta said the school still plans to break ground on the new facility this fall. That counters recent rumors that Iowa will wait another year before starting on the new facility.
โNo, absolutely not,โ Jennings said when asked if the project is delayed. โNow, things can change. If by June the economyโฆwho knows what the future is going to bring. But, no, right now weโre right on schedule. The plan is this fall, weโre going to breaking ground.
โI wonder who starts rumors when nobody in here does?โ
The basketball facility and arena renovation includes a multi-court gym for the schoolโs basketball and volleyball teams and a renovation to the wrestling complex.
Each of those sports will receive new locker rooms, new offices for coaches, and an 8,000-square foot strength and conditioning center.
The arena renovation plan includes 650 premium seats for menโs basketball. A courtside seat for menโs basketball is valued at $125,000 over five years. A second-row seat will cost $60,000 over five years. There will be 50 seats in each row.
The arena also includes 550 premium club seats, costing $12,500 per seat over five years. Two hospitality rooms also are included in the renovation.
The athletics department has a goal of raising $20 million privately, and Jennings said thatโs likely to happen.
The funding method is a bit different than the one presented to Iowaโs Board of Regents last summer.
Barta said a bonding company provided the figures for that meeting, while the athletics department tailored the giving plan to donors after receiving approval.
Barta said the department received a pair of substantial gifts for the project on Thursday.
โThe reception has been tremendous,โ Jennings said. โI think the easy part of it is telling the story; we all know we need the facility. Itโs fun to tell them about a little more about why we need the facility.โ
The school also has naming opportunities for major donors. The Howard family of Iowa Falls donated $3.5 million toward the renovation and secured naming rights for their pavilion. The school has set naming rights for the basketball court at $5 million.
โI do want to emphasize the name Carver-Hawkeye Arena will not change,โ Jennings said. โThat will always be there.โ
Jennings said in the last two days heโs had six meetings with different people about the project โand all six were nothing but positive.โ
Jennings and other department officials will have low-key discussions with potential donors during the I-Clubโs spring banquet circuit. Lickliter is slated to speak at 11 banquets this spring as a member of the gold team.
โItโs a very important part of (increasing donations),โ Jennings said of Lickliter meeting with patrons on I-Club trips.
โWe know weโve got to get this done. And weโre going to get it done.โ









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