Prior to the 2008 recession and the steep decline in the University’s endowment, the construction of a new basketball stadium in Allston was in consideration.
“Before the stock market took that big dive it did and the endowment had that big struggle, there was a greater plan for all of those facilities on that side of the river to eventually be relocated,” Mannix says.
Those plans, however, were put on hold with the bad economy. Today, the construction of a new stadium in Allston remains in discussion.
“It’s still a subject of conversation,” [Staples Founder Tom] Stemberg adds. “People are still talking about it. Nobody’s done anything yet because nobody’s given up the money, but I think, you know, if the money were there, I think we’d get it done.”
The Rise of Harvard Basketball | FM | The Harvard Crimson:
Posted by Harry Mattison on 3/07/2012 02:24:00 PM