Construction on New Football Facility

[CanesFanatic]

Has Miami began on building the new football facility yet, or are they still fundraising!?

 

[ghost2]

And you look like your mother….

I do actually, but the line is "you look like a bucket of ****" which is also fair.

 

[Fzac75]

I do actually, but the line is "you look like a bucket of ****" which is also fair.

**** it you are correct totally misquoted one of my favorite movies of all time. I guess its true, when you die at the palace you really die at the palace….

 

[Reyrey]

Should break ground this summer. Not a money issue.

Is this still the case? Haven’t heard much more on it

 

[GOCANES05]

“ Huge Desk “ hasn’t heard anything either were ready though .

 

[#26-MEAST]

Is this still the case? Haven’t heard much more on it

?

 

[Astcloud11]

Is this still the case? Haven’t heard much more on it

I forgot what podcast I was listening to..but, supposedly money IS an issue now...We're supposedly still upgrading/building new facilities, but it won't be as luxurious as originally planned.

 

[hoops156]

I forgot what podcast I was listening to..but, supposedly money IS an issue now...We're supposedly still upgrading/building new facilities, but it won't be as luxurious as originally planned.

i believe Jay or someone else already said that it wont be what was proposed and sent out publicly and theyre not even incluidng those renderings in recruiting pitches anymore. it is basically just some slight upgrades to the existing stuff but not what was proposed as they couldnt secure the money.

 

[#26-MEAST]

I had a feeling. When UM went dark on pushing it after renderings were released I figured it was scrapped.

 

[TheOriginalCane]

I forgot what podcast I was listening to..but, supposedly money IS an issue now...We're supposedly still upgrading/building new facilities, but it won't be as luxurious as originally planned.

Nah, "money" is not the issue. When we build, it will be as palatial as anything else that Miami builds these days.

The issues are twofold. The FAR bigger issue is the decades-old battle to get modern high-rise construction done in Coral Gables on a timely basis. YES, it has been approved, but that doesn't change the fact that ALL of the current demolition/construction (SRC, new dorms, IPF, parking garage, football HQ) is taking place in a narrow corridor along both sides OF A CANAL. So there are a lot of slowdowns in assessing the underlying surface, and whether there is any shifting of land as we put more weight on either side of the canal.

In rough order, I am hearing that Stanford demolition and IPF expansion will happen most quickly, followed by the construction of the newest phase of the dorms plus the parking garage, with the Football HQ coming last.

Purely from a cash-flow standpoint, they ARE encouraging some donors to re-channel some pledges towards NIL and similar-type funding. The belief is that (a) if we have a good year, it helps PERCEPTION (and possibly timing and "full-share" vs. "partial-share") on P2 membership, (b) once football players are salaried, the Collective NIL deals go away, and (c) annual donations are eternal, thus we can tap a couple of these donors for Football HQ money in 2025 or 2026, rather than to let the 2024 donations sit in the bank earning 2%.

 

[Felonious Monk]

Another podcast claiming Miami is broke.