THE FLATS – Friday marks the one-year anniversary of the public unveil of Athletics Initiative 2020, Georgia Tech athletics’ drive to raise $125 million for facilities, endowments and operations.
Just one year after the public unveil and with nearly 18 months still to go before the target date of Dec. 31, 2020, AI 2020 has already raised more than $85 million, nearly 70 percent of its $125 million goal.
With priorities of recruiting, building a better student-athlete and winning in mind, AI 2020 addresses the following needs for Georgia Tech athletics:
FACILITIES – $88 Million
- Edge/Rice Center Renovation – $70 million
- Russ Chandler Stadium Renovation, Phase II – $9 million
- Football Locker Room Renovation – $4.5 million
- Men’s/Women’s Basketball Locker Rooms Renovation – $4.5 million
ENDOWMENTS – $25 million
OPERATIONS – $12 million
- Athletic Scholarship Fund – $4.5 million
- Sport-Specific – $4.5 million
- Athletics Director’s Initiative – $3 million
Major projects that have already been funded through AI 2020 include a $4.5 million renovation of Georgia Tech’s football locker room, which was completed last July, and $9 million for Phase II of renovations at baseball’s Russ Chandler Stadium. Additionally, nearly $40 million has already been raised for AI 2020’s crown jewel, the $70 million renovation of the Edge/Rice Center, the headquarters of Georgia Tech athletics.