Given the fragile state of the economy, the University of Vermont is scrapping plans for a $93 million arena.The University of Vermont is scrapping plans for a proposed $93-million arena, with officials suspending all capital projects in the face of the economic downturn.
The new arena would have been located next to Patrick Gym and Gutterson Fieldhouse, seating 7,200 basketball fans and 6,500 hockey fans.
A new arena isn’t totally out of the question: university officials say they would look at bringing back the plan if private donations cover the cost of construction.
