Penn State has announced two major donations totaling $35 million for the planned $700 million renovation of Beaver Stadium.
Penn State announced a $10 million donation designated for the Beaver Stadium renovation, marking the second eight-figure gift Penn State has received for the project in the past week. The anonymous donation follows Anthony Misitano's $25 million gift, on behalf of his family and PAM Health, that kicked off the Founders Gift fundraising initiative to help cover the projected $700 million budget to renovate the nation's second-largest stadium.
Penn State has begun work on the $700 million renovation of Beaver Stadium, which is scheduled for completion in 2027. In May, Penn State's Board of Trustees approved funding for the project, whichBeaver Stadium's West side will undergo the most substantial change during the renovation. Basically, it's being demolished and replaced. First, the press box and upper deck of the West stands will come down in 2025. Penn State then is scheduled to replace the lower bowl in 2026.
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