Friday December 12th, 2014

The University of Maryland Board of Regents has approved a proposal to turn the famed Cole Field House into a $155 million indoor football practice facility, according to The Diamondback, the school's independent student newspaper. 

Construction on the facility will begin in December 2015. The tentative plan is to have the project fully completed by June 2018. 

Maryland president Wallace Loh said funding for the project will mainly come from private donations, which means that student fees should not see an increase because of the approval. 

"I wish we were doing this in better financial times," Loh said at the meeting, "but remember that 84 percent of this is private funds, not state funds."​

Loh also said the school plans to privately raise $90 million for the construction, in addition to the $40 million it already has raised. Under Armour founder Kevin Plank, who went to Maryland, is expected to make a $25 million donation to the project.

Maryland recently completed its first year as a member of the Big Ten conference in football, where the Terps finished 7-5. They will take on Stanford Dec. 30 in the Foster Farms Bowl. 

Jack Jorgensen

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.