Andrew Pace
The University of Vermont's new basketball facility, the Tarrant Center, has been delayed multiple times since construction first broke ground in 2019. Initially, the project was paused due to the COVID-19 pandemic, and later, rising borrowing costs became an issue. While UVM has spent over $67 million on athletics upgrades, including the Tarrant Center, an additional $48 million is needed to complete the project. Once the new facility is ready, the basketball programs will move to the Tarrant Center, and the current basketball facility, Patrick Gym, will be converted into a campus recreation space.
| Characteristics | Values |
|---|---|
| Name of the new UVM basketball facility | Tarrant Center |
| Status | Delayed indefinitely |
| Reasons for delay | Financial uncertainty due to the COVID-19 pandemic, rising borrowing costs |
| Amount spent so far | $67 million |
| Amount needed to complete the project | $87 million |
| Amount available from UVM resources | $39 million |
| Amount needed from other sources | $48 million |
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What You'll Learn
Tarrant Center is the future home of UVM's basketball programs
The Tarrant Center is set to be the new home of the University of Vermont's basketball programs. The $95 million project, which began in 2019, has faced several delays, including those caused by the COVID-19 pandemic and financial constraints. The project was also restructured to prioritize the construction of student recreation facilities, which opened in 2022 and include a group fitness hub, a multipurpose athletic court, and a bouldering wall.
The Tarrant Center is part of a larger overhaul of the university's athletic facilities, including upgrades to the hockey arena and the health, wellness, and recreation center for students. The basketball arena is expected to cost $87 million, with $39 million available from school resources and the remaining $48 million to be sourced through philanthropy, partnerships, and other alternative funding. The project has received significant support from donors, including a $15 million gift from the Tarrant family in 2018.
Once the Tarrant Center is completed, the current basketball facility, the Roy L. Patrick Gymnasium, will be converted into a campus recreation facility. The Patrick Gym, built in 1963, has a capacity of 3,228 seats and has been the home arena of the Vermont Catamounts men's and women's basketball teams. It has hosted several America East men's basketball tournament championship games and has been a site for various other sporting and non-sporting events.
While there is currently no set timeline for the completion of the Tarrant Center, the University of Vermont's Board of Trustees remains committed to the project. The construction of the Tarrant Center is expected to take 18 months once it resumes. In the meantime, the university's varsity athletes and fans can look forward to the upgraded hockey amenities and recreation facilities that have already been completed as part of the larger athletic facilities overhaul.
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The project has faced delays due to the COVID-19 pandemic
The University of Vermont's new basketball facility, the Tarrant Center, has faced several delays due to the COVID-19 pandemic. The project, which was first unveiled in 2017, broke ground in the spring of 2019. However, construction was halted for nearly two months in 2020 due to the pandemic. The school cited financial uncertainty caused by the pandemic as the reason for the delay.
The pandemic significantly altered the financial landscape of higher education, making it difficult for the university to secure the necessary funding for the project. In addition, the pandemic's impact on supply chains and construction planning also contributed to the delays. The university's Board of Trustees had to renegotiate construction contracts and adjust their timeline for the project.
The Tarrant Center is a $95 million multi-purpose sports arena that will serve as the new home for the Catamount men's and women's basketball programs. The project also includes upgrades to the hockey arena and other athletic facilities. Despite the delays, the university remains committed to completing the project. The Board of Trustees has approved resuming the overhaul of the athletic facilities, but they are waiting to secure the necessary funding before beginning construction on the Tarrant Center.
The COVID-19 pandemic has had a significant impact on the timeline and funding for the new UVM basketball facility. The university has had to navigate financial uncertainties and adjust their construction planning due to the pandemic. However, they remain dedicated to seeing the project through to completion, and students are excited about the future of a new basketball court and upgraded athletic amenities.
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UVM has spent over $67 million on athletic upgrades
The University of Vermont's Board of Trustees approved a $95 million overhaul of the school's athletic facilities in 2021. However, the construction of the Tarrant Center, the new basketball arena, has faced several delays. The project was initially delayed due to the COVID-19 pandemic, which halted construction for nearly two months and caused financial uncertainty. The pandemic also led to a resequencing of the project, with the university focusing on other aspects, such as upgrades to the men's and women's hockey locker rooms and infrastructure improvements.
The Tarrant Center is intended to be the future home of the Catamount men's and women's basketball programs, currently playing at the Roy L. Patrick Gymnasium, a 3,228-seat multi-purpose arena built in 1963. Once the basketball programs move to the Tarrant Center, the Patrick Gym will be converted into a campus recreation facility. The Tarrant Center project has faced funding challenges, with an additional $48 million needed to complete it. The university plans to secure this funding through a combination of university funding and private philanthropic support.
The delays in construction have impacted the timeline for completing the Tarrant Center, and a new timeline has not been set. However, once construction resumes, it is estimated to take 18 months to finish. The project has faced challenges due to the financial landscape of higher education and the unique circumstances of the pandemic. Despite the delays, the university leadership remains committed to seeing the project through to completion, and students are excited about the future of a new basketball court and the potential increase in morale it could bring.
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The project needs $87 million to be completed
The University of Vermont's Board of Trustees has approved a $95 million overhaul of the school's athletic facilities, including the construction of a new basketball arena, the Tarrant Center. The project, which first broke ground in 2019, has faced delays due to the COVID-19 pandemic and financial challenges. While UVM has already spent over $67 million on athletics upgrades, including work on the Tarrant Center, an additional $87 million is needed to complete the project.
UVM has identified $39 million available from school resources, including $34 million from debt sources and $5 million from cash reserves. However, the remaining $48 million gap will need to be filled through alternative funding sources such as philanthropy, partnerships, and other creative funding opportunities. The university is committed to exploring all options to secure the necessary funding.
The Tarrant Center, with a planned capacity of 3,228 seats, will be the future home of the Catamount men's and women's basketball programs. It will replace the current Roy L. Patrick Gymnasium, which has served as the home arena for Vermont Catamounts basketball since 1963. Once the basketball programs transition to the Tarrant Center, the Patrick Gym will be converted into a campus recreation facility, hosting various athletic and recreational events.
The project's next phase will focus on continued improvements to the Gutterson Fieldhouse, which houses the school's hockey programs, and the health, wellness, and recreation center for the student body. UVM Athletic Director Jeff Schulman has emphasized the importance of providing students with facilities that align with their passion for health and wellness. The university leadership remains committed to seeing the project through to completion, despite the challenges and adjustments to the timeline.
The additional $87 million required to finalize the project will be sourced through a combination of university funding and private funding. The private funding is expected to come from increased philanthropic support and other innovative funding avenues. The university is exploring various opportunities to generate incremental revenue from the facility, including ticket sales, sponsorships, and partnerships. The completion of the Tarrant Center is highly anticipated by UVM students, who believe that upgraded athletic facilities will positively impact their physical and mental health and overall morale at the university.
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The basketball programs will move from Patrick Gym to the Tarrant Center
The University of Vermont's basketball programs will soon move from the Roy L. Patrick Gymnasium, known as Patrick Gym, to the Tarrant Center. The new basketball arena is part of a $95 million overhaul of the school's athletic facilities. The Tarrant Center will be the future home of the Catamount men's and women's basketball programs.
Patrick Gym is a 3,228-seat multi-purpose arena in Burlington, Vermont. It was built in 1963 and has been the home of the Vermont Catamounts men's and women's basketball teams for many years. The gym has hosted several America East championship games and has been the site of the America East men's basketball tournament championship game on multiple occasions. It is also used as a concert venue and for conventions and trade shows.
The Tarrant Center, located on campus at 97 Spear St, is a new basketball arena that will be part of a multipurpose facility. Construction on the Tarrant Center began in 2019 but has faced delays due to the COVID-19 pandemic and financial challenges. The project has already spent over $67 million, with UVM contributing $39 million and the rest coming from fundraising and philanthropic support.
Once the basketball programs move to the Tarrant Center, Patrick Gym will be converted into a campus recreation facility. The new basketball arena at the Tarrant Center is expected to enhance the student experience and increase morale at the university.
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Frequently asked questions
The new UVM basketball facility, Tarrant Center, is currently on hold as the university is trying to secure the remaining $48 million needed to complete the project. Once the funding is in place, it will take 18 months to finish the construction.
The total cost to complete the Tarrant Center is estimated to be $87 million. UVM has identified $39 million from school resources, but the remaining $48 million will need to come from alternative funding sources such as philanthropy, partnerships, and other creative funding sources.
The project has faced several delays due to the COVID-19 pandemic and financial constraints. While UVM has spent over $67 million on athletics upgrades, including work on the Tarrant Center, there is still no set timeline for the completion of the basketball arena.
The Tarrant Center will be the future home of the Catamount men's and women's basketball programs, currently housed in the Patrick Gym. The new facility will provide improved spaces and amenities for UVM's basketball teams and is expected to increase morale and support the health and wellness of the university community.
UVM is exploring a combination of university funding and private funding to secure the remaining funds. This includes seeking increased philanthropic support and considering other creative funding sources, such as incremental revenue from ticket sales, sponsorships, and partnerships.
