OSU/A&M Board of Regents to consider next phase of OSU's Athletic Village

During a Friday meeting, OSU officials plan to seek board approval to hire an engineering consultant and a construction manager for the construction of a new track facility.
by Silas Allen Modified: July 25, 2012 at 10:12 pm •  Published: July 26, 2012

Texas billionaire and OSU alumnus T. Boone Pickens quickly donated $30 million to help purchase the land needed for the project and followed with a gift of $165 million in January 2006. In September 2006, just six months after Pickens' $165 million gift, the money had grown to a reported $267 million after sitting, unbothered, in a hedge fund. Over the next two years, the gift from Pickens grew to roughly $400 million.

But much of that money was lost during the recession, and by October 2008, Pickens' gift shrank to an estimated $125 million.

Also during the meeting, OSU officials plan to seek approval to hire an architect for a new residence hall, an architect and construction manager for a new academic building for OSU-Tulsa and OSU Center for Health Sciences, and approval to use the university's on-call construction manager for a math learning center at Edmon Low Library on OSU's Stillwater campus.

by Silas Allen
General Assignment/Breaking News Reporter
Silas Allen is a news reporter for The Oklahoman. He is a Missouri native and a 2008 graduate of the University of Missouri.
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