Business Journal: U Of M Approves $4.6m For Boathouse

»While a bill proposing a new football stadium remains stalled at the Legislature, the University of Minnesota is going ahead with plans for another on-campus athletics facility.

The Board of Regents on Thursday approved plans for a $4.6 million boathouse to be built along the Mississippi River on the university's East Bank campus.

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The Minneapolis Park Board will provide the land for the project under a 25-year use agreement. The park board will be able to use the facility for some activities.«

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