The University of Minnesota announced the selection of M.A. Mortenson Company to manage the construction of the new Athletics Village on Friday.

The Minneapolis-based construction company will be responsible for planning and constructing the village’s four buildings: the football performance center, the football indoor practice facility, the basketball development center and the center for excellence.

The University also collaborated with Mortenson to build TCF Bank Stadium, which was completed in August 2009.

Athletics director Norwood Teague and his staff have raised more than $70 million for the $190 million facilities project, according to the athletics department.

“Our programs and student-athletes have generated a great deal of positive momentum in recent years, and now is the time to invest in those same student-athletes and help our department and the state of Minnesota sustain greatness for years to come,” Teague said in a statement.

Lou Nanne, a former Gophers men’s hockey player and member of the U.S. Hockey Hall of Fame, has spearheaded fundraising efforts for the project.

Nanne said the announcement reiterates the athletics department’s commitment to the vast project.

“I think it’s a large step forward showing how confident we are we’re going to get it done,” he said.