MOSCOW. Idaho ( KMVT / KSVT ) Idaho Central Credit Union donated $10 million to the University of Idaho, for naming rights to the new basketball arena that's being built.
The 62,000-square-foot, 4,200-seat arena will be a one-of-a-kind engineered wood structure, highlighting Idaho's wood products industry.
This will mark the home of the basketball program, as well as other activities.
The $45 million project already has financial support from the Associated Students of the University of Idaho, the U of I Alumni Association and the U of I Foundation.
But now ICCU will own the naming rights for 35 years.
The arena will be built on the north side of the ASUI-Kibbie Activity Center. Groundbreaking will occur when funding for the entire project is secured.
Currently, $34 million has been raised.