DoctorHoya
Golden Hoya (over 1000 posts)
Posts: 1,544
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Post by DoctorHoya on Feb 20, 2013 20:41:12 GMT -5
The total cost is $125mil I believe. $60mil is for shovels in the ground. And most of the red tape is over with (hopefully).[/quote I had always heard ~50-70 mil. No way that building costs 125 mil
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DanMcQ
Moderator
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Member is Online
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Post by DanMcQ on Feb 20, 2013 20:45:20 GMT -5
In the press release, the numbers are very clear:
Athletics total = $125M IAC total = $60M
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Post by BubbleVisionBiff on Feb 20, 2013 22:27:27 GMT -5
$30 mil by June 30 would be very nice.
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Post by HoyasAreHungry on Feb 20, 2013 22:38:35 GMT -5
The Patrick Ewing, Alonzo Mourning, John Thompson Intercollegiate Athletic Center sounds nice. Let's get it done donors
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lichoya68
Blue & Gray (over 10,000 posts)
OK YOUNGINS ARE HERE AND ARE VERY VERY GOOD cant wait GO HOYAS
Posts: 17,443
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Post by lichoya68 on Feb 20, 2013 22:50:04 GMT -5
Hows about the IAC IAC just saying . AND 1951 lets get it done. NOW> need this student athletes bball and other NEED THIS and DESERVE it. go hoyas BUILD IT NOW every dollar counts NOW> wright now. BEAT CUSE>
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idhoya
Platinum Hoya (over 5000 posts)
Posts: 6,177
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Post by idhoya on Feb 20, 2013 22:55:50 GMT -5
John Thompson, Jr. IAC
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lichoya68
Blue & Gray (over 10,000 posts)
OK YOUNGINS ARE HERE AND ARE VERY VERY GOOD cant wait GO HOYAS
Posts: 17,443
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Post by lichoya68 on Feb 20, 2013 23:26:30 GMT -5
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Eurostar
Golden Hoya (over 1000 posts)
Posts: 1,095
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Post by Eurostar on Feb 21, 2013 8:49:04 GMT -5
Why does it take 9 months and $5 billion to design this building? Clearly I know nothing about construction, but I feel like it should be knocked out in a couple months.
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Post by BubbleVisionBiff on Feb 21, 2013 10:57:15 GMT -5
We have to order every type of conceivable window to be prepared for the multitudinous and often contradictory layers of DC and Federal review.
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lichoya68
Blue & Gray (over 10,000 posts)
OK YOUNGINS ARE HERE AND ARE VERY VERY GOOD cant wait GO HOYAS
Posts: 17,443
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Post by lichoya68 on Feb 21, 2013 11:37:58 GMT -5
bubble YOU GOT IT remember the approved boat house well NOT. go hoyas go athletics 1951 lets get it done EVERY DOLLAR COUNTS NOW LETS DO IT our 750 student athletes need more space NOW they get tired of getting ankles taped in the lobby and halls of mcdonough LETS DO IT NOW. have you sent in something anything. need every dollar asap. lets do it. just do it. its february now. ;D
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jgalt
Diamond Hoya (over 2500 posts)
Posts: 4,380
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Post by jgalt on Feb 21, 2013 12:05:35 GMT -5
Why does it take 9 months and $5 billion to design this building? Clearly I know nothing about construction, but I feel like it should be knocked out in a couple months. It has was more to do with getting the neighbors to agree to it. The building its self isnt extremely fancy and the construction cost are super high, but the red tape makes it more expensive and extends the process.
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Post by HoyaSinceBirth on Feb 21, 2013 12:15:39 GMT -5
Why does it take 9 months and $5 billion to design this building? Clearly I know nothing about construction, but I feel like it should be knocked out in a couple months. It has was more to do with getting the neighbors to agree to it. The building its self isnt extremely fancy and the construction cost are super high, but the red tape makes it more expensive and extends the process. I don't think this is true. The project already has all the approval it needs from the neighborhood. They had their opportunities to object and we have cleared those hurdles. I think it's more of a fundraising issue. I think the 9 months is so we can raise at least another 10 million before shovels go in the ground.
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rosslynhoya
Diamond Hoya (over 2500 posts)
Posts: 2,595
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Post by rosslynhoya on Feb 21, 2013 13:31:23 GMT -5
It has was more to do with getting the neighbors to agree to it. The building its self isnt extremely fancy and the construction cost are super high, but the red tape makes it more expensive and extends the process. I don't think this is true. The project already has all the approval it needs from the neighborhood. They had their opportunities to object and we have cleared those hurdles. I think it's more of a fundraising issue. I think the 9 months is so we can raise at least another 10 million before shovels go in the ground. I was also under the impression that the designs presented to the Old Georgetown Board and the Capitol Planning Commission (or whatever) had to be in an extremely detailed and fairly final state. If we had already gotten to that level of planning, then the purpose of this "final design phase" seems a bit ambiguous. If I were in a cynical mood, I'd say this press release was intended solely as a distraction to justify a lack of visible progress over the next nine months. Equally disconcerting is the idea that Jack DeGioia's number one athletics fundraising priority has raised $20 million in pledges in the course of this current campaign, while all of the other athletics priorities that are prioritized behind the IAC in priority have hauled in $40 million in pledges. Kudos to those programs and their respective donors, but something is awry here.
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Jack
Diamond Hoya (over 2500 posts)
Posts: 3,411
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Post by Jack on Feb 21, 2013 13:45:14 GMT -5
I don't think this is true. The project already has all the approval it needs from the neighborhood. They had their opportunities to object and we have cleared those hurdles. I think it's more of a fundraising issue. I think the 9 months is so we can raise at least another 10 million before shovels go in the ground. I was also under the impression that the designs presented to the Old Georgetown Board and the Capitol Planning Commission (or whatever) had to be in an extremely detailed and fairly final state. If we had already gotten to that level of planning, then the purpose of this "final design phase" seems a bit ambiguous. If I were in a cynical mood, I'd say this press release was intended solely as a distraction to justify a lack of visible progress over the next nine months. Equally disconcerting is the idea that Jack DeGioia's number one athletics fundraising priority has raised $20 million in pledges in the course of this current campaign, while all of the other athletics priorities that are prioritized behind the IAC in priority have hauled in $40 million in pledges. Kudos to those programs and their respective donors, but something is awry here. Well the "quiet phase" of this campaign started probably 5 years ago now, so I believe the $40 million total includes money raised over that entire time period, whereas the IAC only became a giving option in the last 2(?) years.
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Post by HoyasAreHungry on Feb 21, 2013 14:11:58 GMT -5
I don't think this is true. The project already has all the approval it needs from the neighborhood. They had their opportunities to object and we have cleared those hurdles. I think it's more of a fundraising issue. I think the 9 months is so we can raise at least another 10 million before shovels go in the ground. I was also under the impression that the designs presented to the Old Georgetown Board and the Capitol Planning Commission (or whatever) had to be in an extremely detailed and fairly final state. If we had already gotten to that level of planning, then the purpose of this "final design phase" seems a bit ambiguous. If I were in a cynical mood, I'd say this press release was intended solely as a distraction to justify a lack of visible progress over the next nine months. Equally disconcerting is the idea that Jack DeGioia's number one athletics fundraising priority has raised $20 million in pledges in the course of this current campaign, while all of the other athletics priorities that are prioritized behind the IAC in priority have hauled in $40 million in pledges. Kudos to those programs and their respective donors, but something is awry here. The designs are just that...designs. They need actual architectural/structural/engineering drawings now. These are the detailed guts of the building. How the building looks on the outside was what was under review by the neighborhood etc. They would not make entirely different architectural plans for each design and subsequent changes that they would be submitting for review. That being said I too am pretty concerned that the silent fundraising period has seemingly amassed so little. We have almost a billion dollars raised in the capital campaign as a whole. Granted I know this has been over a much longer period, but it's crazy to see that athletics has such a hard time fundraising. Selfishly I don't really get why they can't use some of that money there towards facilities (yes yes people have explained this before blah blah, but I don't accept it ;D). Hopefully this "announcement" and benchmark to start the plans moves some of the skeptical donors off the fence.... Man....if only I was a billionaire....perhaps I should stop posting on this board so much and start working on that... In the meantime, anyone else want to start digging with me? Sorry tennis team....i've got to jackhammer this court out real quick
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IDenj
Diamond Hoya (over 2500 posts)
Posts: 2,532
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Post by IDenj on Feb 21, 2013 15:04:23 GMT -5
Why haven't our famous alum, those that have made big money in the NBA, not made a significant and public contribution?
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Post by BubbleVisionBiff on Feb 21, 2013 15:31:59 GMT -5
I would hope that if it was desired for Roy Hibbert or Jeff Green to make a public statement with a contribution, that would have happened already. Possible alternatives are that names aren't being mentioned yet (or at all), or that the univ. is waiting for a critical mass of bball alumni contributions in order to make as big of a production as possible and generate even more buzz. No inside info, just a guess.
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boxout05
Silver Hoya (over 500 posts)
Posts: 573
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Post by boxout05 on Feb 21, 2013 15:52:29 GMT -5
You'd hope, but there are a lot of buildings on campus named A-Z and/or North/East/South/West :\
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Post by hoyasaxa2003 on Feb 21, 2013 15:55:21 GMT -5
I think it's hard to say, "Patrick Ewing should give X amount of money," or something like that. We really have no idea how much money any of these guys have. Sure, they have made a lot of money, but we don't know if they've used it on other things, blown the money, or if they are simply using the money to have a nest egg for when they retire.
Clearly, making a lot of money itself means nothing - just look at Allen Iverson (who reportedly does have a trust set up that gives him $1 million a year, but still, that doesn't leave a ton of money for IAC donations).
Keep in mind a few things:
(1) Taxes take a substantial part of the earnings of these players.
(2) NBA players, especially stars, generally do not live austere, modest lifestyles. Their lifestyles cost a lot of money, which is why so many of them are broke after they retire (not smart money management in my opinion, but it's the reality). I am sure we would all prefer that money going toward the IAC, but we don't get to make those choices.
(3) Guys relatively young in their career probably don't have millions sitting around to be used for a donation. For somebody like Jeff Green, there's no guarantee he will have a long NBA career - the same goes for Hibbert and Greg Monroe.
(4) Some guys use their money in other positive ways, that are arguably more important and fulfilling than giving money to the IAC (see Dikembe Mutumbo).
Would I like to see some of the more successful NBA Hoyas give a good-sized donation to Georgetown? Sure, I just don't think we should expect millions to start flowing in. We have a relatively small number of NBA stars, most of whom are largely broke (Iverson) or relatively young (Hibbert, Green, Monroe).
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nychoya3
Diamond Hoya (over 2500 posts)
Posts: 2,674
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Post by nychoya3 on Feb 21, 2013 16:56:46 GMT -5
We have many rich, famous alums who didn't play basketball too. It's not just on Ewing or Zo or whoever to fund our athletics program.
That said, if guys feel like there are better uses for their charitable contributions than building a new practice facility for our basketball team, I really have a hard time arguing with that. I'll be happy if someone does give 10 million or whatever, but let's not pretend it's the highest impact form of charity out there.
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