September 15, 2008
Chancellor Kent Hance announced Sept. 12 that Dallas-based corporation PlainsCapital Bank has donated $1 million toward the Jones AT&T Stadium expansion project. The announcement was made during an invitation-only dinner held at the stadium for major university contributors to the expansion project.
“PlainsCapital is an outstanding partner and friend to Texas Tech,” said Hance. “The stadium is a major priority for us and we appreciate PlainsCapital’s leadership and generous financial support in our efforts to complete the funding for this project. I hope more donors will step up in the near future to help us reach our goal.”
The stadium expansion fund-raising effort was announced on Aug. 7. With this gift, more than $20 million of the needed $25 million in donations has been generated. Efforts are underway to raise the remaining $5 million in needed funding over the next three months so construction can begin immediately following the close of the current season.
The design of the new east-side structure will compliment the Spanish Renaissance style of the stadium’s west side. With the addition of more than 500 club seats and more than 20 new suites, capacity at Jones AT&T Stadium should grow by about 1,000 seats. The facility is expected to open for the 2010 season.