UW-Oshkosh
Foundation Reaches $4 Million Mark
For Phase II Of Oshkosh Sports Complex Renovations
(3/31/08)
- The UW-Oshkosh Foundation announced Monday (March 31) that it has raised
$4 million toward the $4.3 million needed to fund the second phase of
construction at the Oshkosh Sports Complex. In anticipation of reaching
the fundraising goal, the University is making preparations for construction
to begin at the site.
“Due to the competitive lending market and a positive outlook for
continued support from the community, we are confident that we will close
the gap between funds raised and construction costs by mid-summer,”
said UW-Oshkosh Foundation president Arthur H. Rathjen. “This has
been a very successful time for the Foundation, thanks to the investment
of $1.5 million by the Oshkosh Convention and Visitors Bureau, a $500,000
matching pledge from the Oshkosh Area Community Foundation, $1 million
earmarked by UW-Oshkosh students – $300,000 for plumbing upgrades
and $700,000 for other renovations – and many other smaller but
generous donations.”
Construction on the second phase of renovations will begin this spring
and is expected to wrap up by mid-August – in time for the fall
football season. The renovations will include a new plaza entrance; updated
and expanded locker rooms for approximately 300 student athletes, coaching
offices and classrooms; and improved restroom facilities, softball field
and parking. While the University is confident it will raise all of the
funds necessary to fully complete the project, officials have identified
project deductions that can be made in the event of cost overruns or fundraising
shortfalls.
“We are moving forward with this project fully confident that we
will be successful in raising the final funds needed to complete it,”
said UW-Oshkosh Chancellor Richard H. Wells. “However, we have done
our due diligence and have identified areas of the project that could
be completed at a later date without significantly impacting the quality
of this nationally distinctive facility.”
The complex, which saw $5.5 million in enhancements in the first phase,
currently features state-of-the-art J. J. Keller Field, a football/soccer
field featuring synthetic turf designed to reduce injury. The field is
one of the Midwest’s finest, in company with Camp Randall Field
and Lambeau Field. Phase one also saw the renovation of the stadium, softball
and baseball fields and the addition of an Olympic-quality outdoor track.
The Oshkosh Sports Complex is a unique collaboration between the Oshkosh
Area School District, UW-Oshkosh, the Unified Catholic Schools and the
UW-Oshkosh Foundation. Based on economic impact models and other projections,
it is anticipated that the complex will generate at least $25 million
annually for the local economy.
“Over the years, taxpayers are saving millions of dollars,”
said Wells. “Because we were able to raise funds for one community
facility rather than separate facilities for each of the four educational
partner institutions, we have been able to avoid unnecessary duplication
of expensive facilities and the maintenance costs associated with these
kind of sports complexes.”
For more information about the Oshkosh Sports Complex, visit www.titans.uwosh.edu/OshkoshSportsComplex.
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