The Maryland Board of Regents formally approved the $155 million dollar plan to renovate Cole Field House, turning the former home of Maryland's basketball teams into a new indoor football facility and sports medicine research center. The school formally submitted the plans back on November 17th. After a hearing today, the project was given the full approval of the University System of Maryland Board of Regents.
Last month, the University released stunning new photos of the facility, which will help Maryland's football program become much more competitive with their new Big Ten counterparts, especially in recruiting.
Additionally, the facility will launch a new entrepreneurship program, while also creating The Center for Sports Medicine, Health and Human Performance, a collaborative effort with the University of Maryland, Baltimore.
It appears the project will continue, despite a recent letter to the students and staff of the school from University of Maryland President Dr. Wallace Loh, in which he announced a hiring freeze as well as "...suspending any new, state-funded renovations or major equipment purchases, unless necessary for safety reasons."
The indoor facility is expected to be completed by the Spring of 2017, with the rest of the project is estimated to be finished by June of 2018. Construction is expected to begin in December of 2015.