U-M seeks to increase Yost Ice Arena renovation budget by $2 million
Renovations to Yost Ice Arena are turning out more expensive than University of Michigan first anticipated.
Angela J. Cesere | AnnArbor.com
The school put the project to bid in January and received five bids that were "higher than expected," according to a memo from Athletic Director David Brandon and U-M Chief Financial Officer Timothy Slottow to the regents.
The reason for the increase?
The cost of steel, bleachers and detailed historic windows.
"More detailed historic windows that will significantly enhance the exterior of the building when the project is completed," Brandon and Slottow wrote in the memo, adding that the cost of steel and bleachers is higher than first expected.
Funding for the project is derived entirely from Athletic Department resources.
The Athletic Department is seeking a speedy timetable for renovation, which will begin shortly after the hockey season and finish before the start of the 2012-2013 season.
The university plans to replace the majority of spectator seating and make improvements to Yost's east and west concourses. An existing level-four media balcony will be converted into a series of luxury boxes and a new level of seating on the arena's west side will be created for media. Corner platforms also will be added for more seating. Total seating, however, will decrease from about 6,200 to 5,800.