SIAP: Penn State board of trustees OKs sale, ground lease of Penn Stater hotel, Nittany Lion Inn

[J.E.B]

No tear down of NLI as it’s a historic building. Plenty of much needed updates before it reopens for Football season 2024. Much needed Reno for Penn Stater, too. Pretty embarrassing that a highly regarded hospitality program doesn’t have a hotel now.

 

[Nitt1300]

No tear down of NLI as it’s a historic building. Plenty of much needed updates before it reopens for Football season 2024. Much needed Reno for Penn Stater, too. Pretty embarrassing that a highly regarded hospitality program doesn’t have a hotel now.

Penn State laughs at embarrassment

 

[ps_1294]

Just wait. In a few years we’ll be selling Beaver Stadium (probably to the Chinese) and leasing it back for football games. A major change will be new visitor locker rooms in South end so both teams can use the same tunnel. Cost savings galore.

(Just kidding, but I worked for a fortune 50 company in the early 90’s that sold its headquarters building and then leased the space. I asked the CEO why and he said it was more cost effective??? Friggin accountants)

 

[PSUFTG]

Just wait. In a few years we’ll be selling Beaver Stadium (probably to the Chinese) and leasing it back for football games. A major change will be new visitor locker rooms in South end so both teams can use the same tunnel. Cost savings galore.

(Just kidding, but I worked for a fortune 50 company in the early 90’s that sold its headquarters building and then leased the space. I asked the CEO why and he said it was more cost effective??? Friggin accountants)

Not "the Chinese", but isn't that kinda' already happening in some places? (Not "selling" their existing facility - but piggy-backing on someone else, rather than build their own)

I don't care enough to deeply explore the contract details, but programs like Miami (w the Dolphins) and Pitt (w the Steelers) sort of do that now (and there may be more, that was just OTTOMH). On a less-renowned program scale, I believe Temple and UMass have, or have had, similar relationships.
With non-football sports, I believe UTexas did something similar w their basketball arena (I think that one was more-or-less with some entity down there - maybe some sports and expo entity or some such thing), and OSU did something like that w their soccer stadium (w the Columbus Crew) and maybe their hockey arena (w the Bluejackets - but not sure about that one w/o checking on it)

The problem, if one wants to call it a problem, w PSU's situation is it is not in or near some major metro area, and doesn't have any nearby pro sports teams. So it would be hard to imagine some "public-private partnership" that would see any type of value to underwriting a facility for PSU football.

 

[PSUJam]

Not "the Chinese", but isn't that kinda' already happening in some places? (Not "selling" their existing facility - but piggy-backing on someone else, rather than build their own)

I don't care enough to deeply explore the contract details, but programs like Miami (w the Dolphins) and Pitt (w the Steelers) sort of do that now (and there may be more, that was just OTTOMH). On a less-renowned program scale, I believe Temple and UMass have, or have had, similar relationships.
With non-football sports, I believe UTexas did something similar w their basketball arena (I think that one was more-or-less with some entity down there - maybe some sports and expo entity or some such thing), and OSU did something like that w their soccer stadium (w the Columbus Crew) and maybe their hockey arena (w the Bluejackets - but not sure about that one w/o checking on it)

The problem, if one wants to call it a problem, w PSU's situation is it is not in or near some major metro area, and doesn't have any nearby pro sports teams. So it would be hard to imagine some "public-private partnership" that would see any type of value to underwriting a facility for PSU football.

State College Spikes?

 

[CvilleElksCoach]

No tear down of NLI as it’s a historic building. Plenty of much needed updates before it reopens for Football season 2024. Much needed Reno for Penn Stater, too. Pretty embarrassing that a highly regarded hospitality program doesn’t have a hotel now.

Two better hospitality programs than PSU don’t have them either. Cornell and UNLV.

 

[91Joe95]

Two better hospitality programs than PSU don’t have them either. Cornell and UNLV.

Yeah, but UNLV has a ranch.

 

[ps_1294]

Yeah, but UNLV has a ranch.

Doesn’t Cornell have the Statler, or did they close that?

 

[CvilleElksCoach]

Doesn’t Cornell have the Statler, or did they close that?

Statler is owned by Hilton.

 

[BW Lion]

Shouldn’t each of the six(6) floors at the rebuilt NLI be named after a PSU football coach with escalating floor levels assigned to those deemed best ?

There have been 16 head coaches in the history of PSU football as follows.

You are allowed to assign 6 floors in hierarchical order and can also assign the basement. It's interesting that Engle and Franklin have the same winning percentage.

Here are my nominations:

Basement: Samuel Newton (he had 26 games to prove himself worthy)
Ground / 1: Tom Bradley (he always seemed so grounded and he beat Ohio State)
Floor 2: James Franklin (2nd floor seems so appropriate)
Floor 3: Hugo Besdek (never met him, but .665 is a respectable winning fraction)
Floor4: Bob Higgins (more games than Hugo)
Floor 5: Rig Engle
Floor6 / Penthouse: Joe Paterno

Dave Joyner Former Player Lounge: Bill O'Brien


�

Rk	Coach	From	To	Yrs	G	W	L	T	Pct	G	W	L	T	Pct	Notes
	Overall	Bowls
1	Joe Paterno	1966	2011	46	548	409	136	3	.749	37	24	12	1	.662
2	Rip Engle	1950	1965	16	156	104	48	4	.679	4	3	1	0	.750
3	Bob Higgins	1930	1948	19	159	91	57	11	.607	1	0	0	1	.500
4	James Franklin	2014	2022	9	112	76	36	0	.679	7	3	4	0	.429
5	Hugo Bezdek	1918	1929	12	106	65	30	11	.665	1	0	1	0	.000
6	Tom Fennell	1904	1908	5	51	33	17	1	.657	0	0	0	0
7	Bill Hollenback	1909	1914	5	41	28	9	4	.732	0	0	0	0
8	Dick Harlow	1915	1917	3	28	20	8	0	.714	0	0	0	0
9	Pop Golden	1900	1902	3	29	16	12	1	.569	0	0	0	0
10	Bill O'Brien	2012	2013	2	24	15	9	0	.625	0	0	0	0
11	Samuel Newton	1896	1898	3	26	12	14	0	.462	0	0	0	0
12	Jack Hollenback	1910	1910	1	8	5	2	1	.688	0	0	0	0
13	Daniel Reed	1903	1903	1	8	5	3	0	.625	0	0	0	0
14	Joe Bedenk	1949	1949	1	9	5	4	0	.556	0	0	0	0
15	Sam Boyle	1899	1899	1	10	4	6	0	.400	0	0	0	0
16	Tom Bradley	2011	2011	1	4	1	3	0	.250	1	0	1	0	.000

 

[PSUalum2007]

Penn Stater needs major renovations. Stayed their for a few football weekends this fall, its in rough shape. Legends pub is still great though.