The Lee and Penny Anderson Arena will be the new home for Tommies hockey and basketball, further elevating the university as a leading Division I national Catholic university.
The single largest monetary gift ever given to a Minnesota university will bring hockey onto campus for the first time at the University of St. Thomas – and the state’s college basketball fans will have a new venue to visit as well.
Lee and Penny Anderson. (Rob Finnigan/API Group, Inc.)
St. Thomas on Tuesday announced the $75 million lead naming gift from Lee and Penny Anderson of Naples, Florida – two long-standing benefactors of Minnesota’s largest private university – to construct a multiuse, on-campus arena in St. Paul that will be home to its Division I men’s and women’s hockey and basketball programs. The donation is one of the 10 largest known collegiate athletics gifts ever received nationally.
Designs are still being finalized for the Lee and Penny Anderson Arena, but the historic gift officially kicks off fundraising to raise $131 million for the venue on the university’s south campus. Project costs are estimated to be $175 million. Partnering with design-build specialists Ryan Companies US, Inc. and Crawford Architects, St. Thomas aims to break ground on the new facility in 2024, with a target opening of fall 2025.
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Aside from hockey and basketball games and hosting special events, the arena is being envisioned as the new home for St. Thomas commencement ceremonies, academic convocations, speakers, career fairs and other events for the university and broader community. The arena will also provide potential opportunities for St. Thomas to partner with local schools, youth sports organizations, nonprofits, businesses and other organizations.
“This is about more than just hockey and basketball games – this is a gift that will be transformative for our entire St. Paul campus, enhance the experience of our students, and raise visibility for the university as a whole,” said St. Thomas President Rob Vischer. “It also creates a new community and economic asset for the Twin Cities, the state of Minnesota, and the region.”