New $45M Towson University arena could lure outside sporting events - Baltimore Business Journal:

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million athletic arena as a vehicler for luring outside evente to the BaltimoreCounty campus. Towson is looking to constructgthe 5,000-seat facility adjacent to the aging 32-year-old Towsom Center, home to the school's indoor athletic "Anytime you have a new state-of-the-artf facility people are going to want to see it," said Dan Towson's assistant athletic director of marketing sales and in an interview Thursday. "Ity makes it more valuabl and attractive tooutside events." Flynn said a new for example, could lead to the universitt hosting additional high school all-star games or creating new athletid events.
School officials plan to finance the arena with a mix of universituy funds andauxiliary bonds. The project still needs approval by the statw Board of Regentsand . If approved, work on the facilit y could begin by July 2009 and be completed byJuly 2011. The Towsohn Center will remain in use after the construction of the new facility is Preliminary plans for the new arena call for video screenz andluxury suites.