Regents OK 1701 building purchase; finish stadium budget changes

A final donation allowed the construction of a field wall originally put on hold.

by Taryn Wobbema

The University made an emergency $2.5 million purchase of the 1701 University Ave SE property between the July and September Board of Regents meetings because its lease of the building ended August 31. The University decided last November to terminate its lease of the building after its attempt to buy it was denied. The Archodioces of St. Paul , the owner of the property, had said the offer was too low. The 1701 property will first undergo minor renovations before continuing its use as a âÄúswingâÄù space, University Vice President Kathleen OâÄôBrien said, meaning it can host many different types of events, typically classes. At FridayâÄôs Board of Regents meeting, the state capital request will be discussed. The University will ask for funds to refurbish the 100-year-old Folwell Hall . The 1701 classroom building will likely serve as a relocation site for classes normally held in Folwell, granted the state provides the funds for construction, OâÄôBrien said. TCF Bank Stadium Wall Brian Swanson, TCF Bank Stadium project coordinator, addressed the Board of Regents on Thursday to amend the budget of the stadium. The construction of a brick wall lining the inside of the field area was put on hold until the end of the stadiumâÄôs construction to ensure it could be afforded. A gift by a private donor will fund the wall, but the original cost was estimated below $500,000, the lowest figure needing approval from the board. The actual cost was $507,767, requiring another vote. The board unanimously approved the budget change.