Started By
Message
re: Construction cam for NEZ project
Posted on 1/11/18 at 5:07 pm to pioneerbasketball
Posted on 1/11/18 at 5:07 pm to pioneerbasketball
It's a gawt damn cobra kang chikn hawckkk
This post was edited on 1/11/18 at 5:08 pm
1
Posted on 1/12/18 at 3:44 am to razorbackfan4life
Posted on 1/24/18 at 3:29 pm to pioneerbasketball
quote:
The Donald W. Reynolds Razorback Stadium Project is on schedule and on budget. The project has been
funded at $160M through proceeds of a bond issue, gift commitments from new suites and loge boxes, and
Athletic Department revenues.
The Athletic Department completed the $120M bond issue in October 2016. This is the only bond issue for
the project. Bond proceeds are being spent over a two-year period, and will generate an additional $600K
in net investment earnings. The department saved over $11M by issuing bonds in October 2016, before
rates began rising; and saved over $40M by amortizing bonds over 20 years as opposed to 30 years.
The Razorback Foundation has signed agreements for 6 Founder’s Suites, 32 North End Zone Suites, and
63 North End Zone Loge Boxes. These agreements have generated gift commitments of $41.5M.
Commitments are being paid over periods up to seven years, with $29.4M being received towards project
funding, and $12.1M being received over the next five years towards funding debt service.
The Athletic Department funded $5M in FY16 and $5M in FY17. The department began selling new North
End Zone club seats in September, which will generate additional revenue for FY2019 and beyond towards
funding debt service.
Due to the success in securing commitments for the new suites and loge boxes, and the overall solid
financial position of the Athletic Department, Razorback Foundation reserves will not be used for the
stadium project as originally planned.
TLDR:
quote:
Current Status of New Premium Seating Commitments
Founders Suites 6 of 6
North End Legends Suites 16 of 16
North End Victory Suites 10 of 10
North End Level Two Suites 6 of 6
North End Loge Boxes 63 of 70 (began June 2017)
North End Club Seats 627 deposits (began Sept 2017)
https://arkansasrazorbacks.com/pdf/athletics/2017-18/dwrrs/january-2018.pdf
Posted on 1/24/18 at 4:16 pm to hilltophog
quote:
North End Club Seats 627 deposits (began Sept 2017)
How many club seats are there?
Posted on 1/24/18 at 4:41 pm to TheCheshireHog
quote:
How many club seats are there?
Good question.
I'd guess somewhere north of 1000.
The NOC was always going to be the tough sell - especially coming off the Bielema years.
$1350 to $1500 season tickets are a tough pitch when you can't get bowl eligible.... even with the free food.
My wife and I renewed our SOC seats and put down the deposit for the NOC just in case we like what seats are available.
This post was edited on 1/24/18 at 4:50 pm
Posted on 1/24/18 at 5:21 pm to hilltophog
Yeah I’m curious to see the reviews after the first year. I renewed my SOC seats last week but would be curious to move over there if the perks are good. It will be something to keep an eye on.
Posted on 1/31/18 at 5:15 pm to TheCheshireHog
Posted on 2/16/18 at 12:24 pm to ArHog
The exterior is almost complete. All that's left now is the guts. I'm sure they have made significant progress there as well.
Posted on 2/16/18 at 4:56 pm to razorbackfan4life
What's the expected completion date?
Posted on 2/16/18 at 4:59 pm to hawgfaninc
There was another bird when I clicked on it today.
Posted on 2/16/18 at 8:02 pm to UltimateHog
That is awesome. 
Posted on 2/17/18 at 12:48 am to TheCheshireHog
One thing I know, they are going to make quite a bit of $$$ selling those areas....
Got a call, wanting to meet with me and sell me on the EZ club or a Loge.
Good Lord the prices. 1350.00 a seat for side ez, 1500.00 mid ez for Club. Or get this... .15grand per season for Loge Boxes for 4 folks.
I am not inclined to go from almost half that for sideline clubs to that.
Got a call, wanting to meet with me and sell me on the EZ club or a Loge.
Good Lord the prices. 1350.00 a seat for side ez, 1500.00 mid ez for Club. Or get this... .15grand per season for Loge Boxes for 4 folks.
I am not inclined to go from almost half that for sideline clubs to that.
Posted on 2/17/18 at 8:29 am to Razorback Reverend
GOBN gonna be rolling in the dough thanks to Jeff
Posted on 2/18/18 at 8:51 pm to hawgfaninc
Posted on 2/18/18 at 9:17 pm to TheCheshireHog
Posted on 2/18/18 at 9:28 pm to Razorback Reverend
quote:
One thing I know, they are going to make quite a bit of $$$ selling those areas....
Got a call, wanting to meet with me and sell me on the EZ club or a Loge.
Good Lord the prices. 1350.00 a seat for side ez, 1500.00 mid ez for Club. Or get this... .15grand per season for Loge Boxes for 4 folks.
I am not inclined to go from almost half that for sideline clubs to that.
Get me a seat(for my lifetime) and I won't ever post on this website again.
It will be worth it.
Posted on 2/20/18 at 7:26 am to pioneerbasketball
Posted on 2/22/18 at 5:43 pm to pioneerbasketball
We got glass
Posted on 2/25/18 at 5:03 pm to razorbackfan4life
Posted on 3/8/18 at 5:03 am to ArHog
Page 6 of 15
Latest Arkansas News
Popular
Back to top
Follow SECRant for SEC Football News