Ole Miss to spend $6 million to design new arena
JACKSON, Miss. (AP) — Star guard Marshall Henderson will never play there, but the University of Mississippi is taking concrete steps toward building a new arena.
The state College Board approved plans Thursday for Ole Miss to spend $6 million for architects to design a 10,000-seat venue, a parking garage and other facilities.
The arena would replace Tad Smith Coliseum, built in 1967. Ole Miss says the current arena is outmoded and worn out.
It's not clear how much a new arena would cost. Chancellor Dan Jones says that's one issue a design would help settle. In its ongoing $150 million athletic fundraising campaign, the university has projected raising $70 million for the arena.
Jones says designs could be complete later this year. Ole Miss had once said it would start work this year.