$40M Skjodt gift to renovate IU's Assembly Hall

IUHoosiers.com

IUHoosiers.com

(AP) Indianapolis philanthropist Cindy Simon Skjodt has donated $40 million to Indiana University to renovate Assembly Hall.

[ MORE: IUHoosiers.com: Historic gift will renovate Assembly Hall ]

University President Michael McRobbie announced the gift during a news conference Thursday in which he said the home court of the men’s and women’s basketball teams would be renamed the Simon Skjodt Assembly Hall once renovations are complete as early as 2016.

IU says the improvements to the 42-year-old arena will include revenue-generating box seats, a new south entryway, a state-of-the-art video scoreboard, escalators and remodeled restrooms and concession stands.

[ MORE: IUHoosiers.com: See photo gallery of renovations ]

Skjodt, the daughter of late Indiana Pacers co-owner and shopping mall magnate Melvin Simon, said the pride her father would feel gave her “waves of emotion.”

The gift, the largest in IU athletics history, launched a $150 million athletics capital campaign.

Here’s a look at Assembly Hall this year:

Pat Lovell-USA TODAY Sports

Pat Lovell-USA TODAY Sports

Show Comments (1 Comment)
1 Post Your Comment
Brian Will on 12/21/2013 @ 4:26pm EDT Said:

Lots of good memories are associated with Assembly Hall at Indiana University. Thank you to Cindy Simon Skojdt.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Have a question for BTN Customer Service? Please e-mail us here