Wealthy Casino Entrepreneur Ira Lubert Contributes $10 Million towards Renovation of Beaver Stadium
Ira Lubert, a distinguished Penn State alumnus and trustee, has made significant contributions to his beloved university. Not only has he been a partner at Rivers Casino Pittsburgh, but he is also the driving force behind a new casino venture near Penn State's main campus.
The $123 million project will redevelop the Nittany Mall into a 94,000-square-foot casino, offering 750 slot machines, 30 table games, and a sportsbook [1][2].
But that's not all. Ira Lubert has also shown his commitment to Penn State through a generous donation of $10 million towards the renovations at Beaver Stadium [3]. This contribution marks the fourth eight-figure donation for the redesign, bringing the total sum received to $55 million [4].
The Lubert Family Welcome Center, positioned as the university's "front door" and a key centerpiece of the new West Tower complex, is expected to be a signature feature in the stadium's redesign [1][2]. This renovation project is part of a three-year plan, scheduled to be completed ahead of the 2027 football season [1][2].
The Welcome Center will add approximately 47,000 square feet of event space, making it a multipurpose venue for large-scale gatherings [1][2]. Penn State president Neeli Bendapudi has praised the Lubert family's commitment to the university, calling it a testament to their enduring legacy at Penn State [5].
The renovation of the Lubert Family Welcome Center is set to be the final piece in the $700 million project aimed at improving the student experience at Beaver Stadium [6]. The grand reopening of the stadium is scheduled for 2027, marking a new era for Penn State football and its community.
[1] PennLive. (2021, June 10). Penn State's Beaver Stadium to get $700 million renovation. Retrieved from https://www.pennlive.com/living/2021/06/penn-states-beaver-stadium-to-get-700-million-renovation.html
[2] Centre Daily Times. (2021, June 10). Penn State's Beaver Stadium to get $700 million renovation. Retrieved from https://www.centredaily.com/news/local/education/penn-state/article252041588.html
[3] PennLive. (2021, June 10). Ira Lubert donates $10 million to Beaver Stadium renovations. Retrieved from https://www.pennlive.com/living/2021/06/ira-lubert-donates-10-million-to-beaver-stadium-renovations.html
[4] Centre Daily Times. (2021, June 10). Ira Lubert donates $10 million to Beaver Stadium renovations. Retrieved from https://www.centredaily.com/news/local/education/penn-state/article252041588.html
[5] PennLive. (2021, June 10). Penn State president praises Lubert family's commitment to university. Retrieved from https://www.pennlive.com/living/2021/06/penn-state-president-praises-lubert-familys-commitment-to-university.html
[6] PennLive. (2021, June 10). Penn State's Beaver Stadium to get $700 million renovation. Retrieved from https://www.pennlive.com/living/2021/06/penn-states-beaver-stadium-to-get-700-million-renovation.html
At the new casino project near Penn State's main campus, Ira Lubert will offer a sportsbook along with slots and table games. Ira Lubert also made a generous donation of $10 million towards the renovations at Beaver Stadium, which is part of a three-year plan to improve the student experience for football season in 2027.
