UNIVERSITY PARK, Pa. — The Penn State Board of Trustees today (May 21) approved (by a 26-2 vote, with three abstaining) in investing in the renovation of Beaver Stadium, which will grow revenue-generating opportunities, transform the fan and community experience, and fuel the future funding for all 31 athletics programs at Penn State. The approved renovations will enable year-round use of Beaver Stadium, further driving economic growth and development in the surrounding region.
“On behalf of the Board of Trustees, I am delighted to share there is overwhelming support for the University’s recommendation to renovate Beaver Stadium,” said Board of Trustees Chair Matt Schuyler. “I’m pleased that the renovation will benefit our student-athletes, elevate Beaver Stadium’s significance in driving local and state economies, and ensure Beaver Stadium remains a premier facility in all of college athletics.”
Since January 2024, when the initial expenditure ($70 million) for the Beaver Stadium renovation was approved, steps have been underway at the stadium and will continue leading up to the 2024 college football season. Initial construction has prioritized safety and accessibility through the widening of select concourses and the installation of new escalators, as well as field lighting performance and videoboard replacements. Winterization work also is ongoing, which entails the insulation of pipes and other upgrades to allow the building to be occupied when temperatures are below freezing, giving Penn State the ability to host a College Football Playoff game beginning in 2024 and other potential events beyond Penn State football games in the winter months.
“Many recognize Beaver Stadium as the best stadium in college football, and we want to preserve the atmosphere that our fans, alumni and community have come to expect while building on this history of excellence for generations to come,” said Neeli Bendapudi, Penn State president. “The renovations will have a wide variety of positive impacts on our community, help us remain a national leader by attracting top student-athletes, and continue serving as a symbol for belonging and pride for students across the Commonwealth.”
Given the significance of the…
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