Northwestern can achieve their goal - it's reasonable for them. They just have not done it yet as Nanne suggests.
Minnesota's goal and project timeline is not reasonable.[/QU
With only 19 Fortune 500 companies headquartered in the state, the nation's fifth fastest growing economy, per capita income at or near 10th in the nation, and one of the largest number of alumni in the country, I can't imagine why the U would think they could raise $190 million for a sports facility.
I can. The Gophers aren't the big draw in town. We're not a powerhouse, so the ticket isn't a hot one.
Minnesota has four other professional sports, a great arts scene, and good restaurants compared to nearly all the other universities. You have to look at this as an entertainment dollars problem. People in Minnesota have many different ways to entertain themselves. Iowa, Nebraska, Wisconsin, Indiana, Purdue, and others don't.
Combine it all together, and it is more daunting than you realize. Many of those fortune 500s you cite give to museums, orchestras (when they're not locked out), the Guthrie, and the pro sports.
When you're not the only game in town or the big fish in town, it's hard to make hay.