Lasch Building renovations are continuing as Penn State football heads into the summer with its weight room facility expansion inching closer and closer to completion.
The project which boasts an approved budget of $48 million – is the most noticeable change to the Lasch Building in recent years and the first of a two phase project that will feature internal and external upgrades throughout the building. The second phase of the project is set to go out to bid in the coming weeks.
You can read more about the project’s approval here. Penn State’s full Board of Trustees approved the final plans and expenditure of funds by a 27-6 vote on Friday, Feb. 19.
At the time of the announcement according to outgoing Vice President for Intercollegiate Athletics Sandy Barbour, roughly $8 million in funds had been raised through philanthropy while the rest was being funded by taxable and tax-free debt servicing in order to avoid further delays or increased costs. The project was slated to begin in 2020 but was delayed due to the COVID-19 pandemic. Previous renovations had been entirely funded by philanthropy.
