Georgia Tech launching $125 million capital campaign

An artist's rendering of the renovated Edge Center, the headquarters of Georgia Tech's athletic department. The project would cost $70 million, part of a $125 million capital campaign announced Thursday. (Georgia Tech Athletics)

Bent on augmenting its ability to compete in the ACC and nationally, Georgia Tech announced a $125 million capital campaign Thursday, the centerpiece of which will be a $70 million project to renovate the Edge Center, which is the headquarters for Tech’s athletic department.

Athletic director Todd Stansbury presented renderings of the project at the quarterly board meeting of the Georgia Tech Athletic Association, a light-filled space that also would open up to the northeast corner of Bobby Dodd Stadium.

“The idea is that when you walk in, it’s going to reek of excellence and innovation,” Stansbury said. “I believe, ultimately, those are two of our major elements in producing winners.”

The Edge Center was opened in February 1982 and has undergone a number of interior changes. It remains functional, but hardly sleek.

Other objectives in the campaign are the endowment of athletic scholarships ($25 million), facilities projects for Russ Chandler Stadium and locker rooms for the football and men’s and women’s basketball teams. The campaign, dubbed Athletics Initiative 2020, has already raised $28 million.

Stansbury said that the goal of the campaign is to impact recruiting, building better student-athletes and winning.

“(Winning) is our industry,” Stansbury said. “If you look at this institution, that is also the brand and the DNA of Georgia Tech, and I don’t believe that Georgia Tech athletics should be anything but in line with that. And there’s so many people that want to use the rigor and certain aspects of the institute against us, and I just don’t think that’s true. I think that we can win our way. And AI 2020 is our way of taking the levers that we can pull to our advantage and putting them out in front.”

The Arthur B. Edge Intercollegiate Athletics Center was opened in February 1982 at a cost of $7 million.

In Other News