Posts Tagged ‘ASU’

Arizona State Seeks Funding and Help for New Football Stadium

Written by buzz. Posted in Collage

Written by: Eric Forthun

Arizona State University has played in Sun Devil Stadium since 1958, yet they are now searching for a new means to make the stadium more viable. The current stadium, which consists of metal bleachers and older construction (only costing roughly $1 million at the time of build), has been home to professional teams like the Arizona Cardinals, and has hosted countless bowl games and sporting events.

The attempt to build a new stadium, though, could cost upwards of $300 million, a hefty amount for a new college stadium that would serve as an upgrade to the standing body. There is support amongst individuals in the community, particularly the school’s representatives, who see this as an option to not only earn money in the long run, but provide a memorable experience for students. Most do not care for the stadium’s older look and lack of accommodations, but the new upgrade could potentially allow for more amenities for students to search for during breaks.

Another major complaint about the current stadium is the lack of shade it provides, which is one of the largest factors in the new design. Large, wide-spread canopies would cover the stadium, or at least the bleachers, in hopes of providing viewers with more preferable situations. Officials hope that this will not only draw in more customers and students, but also allow for better viewing and more comfortable playing for the football players.

The cost, though, no matter how justifiable for the large upgrades planned, is still struggling to get support. While there are some who believe that the sporting events will draw in money, there are others who don’t see the cost as justifiable in the long run. Especially with the problems arising in public education right now, and the general lack of support amongst students for more ways to spend money that doesn’t go toward actual education, there isn’t enough of a claim by the university to warrant the cost.

The fight will persist, and the university hopes that the new stadium can shed light on the university as one of the top in the country. The new innovations, though, won’t be a complete remodeling, but a sign of rebirth as the college continues to thrive off of its widespread recognition. The football team, with a new coach and new hope for next year, wants there to be more public support for the team and the university itself, and the public may start to come around once the funding feels more opportune and appropriate.

As of now, though, the support isn’t substantial enough to mean anything, which will show the university what needs to be done to make the changes necessary.

ASU Saddened By the Loss of a Great Man: W.P. Carey

Written by buzz. Posted in Collage

Written By: Jessica Mangiameli

Arizona State University has lost a great role model, friend and contributor, William Polk Carey, who passed away at the age of 81 on January 2, 2012.

William Polk Carey

William Polk Carey

Carey was an outstanding real estate investor, one of the best in the country. It’s no wonder why then when Carey donated $50 million to Arizona State in 2003, that ASU decided to change the name of their business school to The W.P. Carey School of Business. The W.P. Carey School of Business at ASU remains one of the top ranked business schools in the nation, a very outstanding and proud accomplishment for not only ASU but also remains an honor to Carey. At the time, the $50 million donation was the second largest single donation that was ever received by a business school, according to the Association to Advance Collegiate Schools of Business and remains the largest donation ever received by Arizona State University.

“The ASU family mourns the loss of our benefactor and friend Bill Carey,” said ASU President Michael M. Crow

Carey and his family had many ties with Arizona State University, which is probably why he selected to donate his money to this particular college.  Carey earned a honorary Doctor of Science degree from ASU.  Carey’s grandfather was also the one who introduced the legislation that established Arizona State University in 1886.

Carey was born on May 11, 1930 in Baltimore, Maryland. Carey was the founder of W. P. Carey & Co. LLC, a real estate financing firm located in New York City.

The W.P. Carey School of Business is one of the largest business schools in the country. The school contains over 250 faculty and more than 1,500 graduate and 8,300 under graduate students. The W.P. Carey School of Business offers a wide range of business degrees including accounting, economics, finance and management. The W. P. Carey School of Business and the W. P. Carey MBA are accredited by Association to Advance Collegiate Schools of Business (AACSB).

Many students from all over the country have received degrees from the business school including comedian and actor, David Spade as well as former Arizona Cardinals player and former Corporal of the US Army Rangers, Pat Tillman.

The W.P. Carey School programs are ranked among the Top 30 nationwide by U.S. News & World Report, The Wall Street Journal and the Financial Times.

While ASU mourns the death of a brilliant man, students look to the future hoping to some day become the next William Polk Carey.

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