• Thomas Russell

HPU President Nido Qubein to raise funds for downtown baseball stadium

Longtime leader plans to secure $38 million for stadium and other downtown projects

HIGH POINT – High Point University President Nido Qubein has committed to help raise funds for a new baseball stadium and other projects in downtown High Point.

At an annual meeting of the High Point Convention and Visitors Bureau on Wednesday, Qubein said he plans to raise $38 million from private donors for a variety of project including the stadium. Qubein also will lead efforts to name the stadium and secure a team to play there.

The other projects that are part of the fundraising initiative include an events center, a children’s museum an urban park and playground and an educational cinema. These projects aim to draw people downtown throughout the year.

The proposed $30 million stadium would occupy just under half of a 12- acre site the city has assembled for the project that is bordered by English Road, Lindsay Street and Gatewood Avenue. It would hold 5,000 seats for baseball attendance and about 7,000 for concerts and other events.

Qubein said he decided to participate in the downtown development initiatives following a request from Forward High Point, an agency that aims to revitalize the center city area.

“High Point has been my chosen home for nearly 50 years,” Qubein said at the meeting. “I am happy here, and I love my city. So when Forward High Point unanimously passed a resolution asking me to lend my experience for the downtown project, I was compelled to say yes. My involvement is strictly as a volunteer. I have no financial interest or stake in this development project in any way. My sole interest is helping High Point thrive.”

In an earlier report on the April High Point Market Authority meeting, Furniture today noted that officials propose the stadium be available for use for High Point Market events..

Thomas RussellThomas Russell | Associate Editor, Furniture Today
trussell@furnituretoday.com

I'm Tom Russell and have worked at Furniture/Today since August 2003. Since then, I have covered the international side of the business from a logistics and sourcing standpoint. Since then, I also have visited several furniture trade shows and manufacturing plants in Asia, which has helped me gain perspective about the industry in that part of the world. As I continue covering the import side of the business, I look forward to building on that knowledge base through conversations with industry officials and future overseas plant tours. From time to time, I will file news and other industry perspectives online and, as always, welcome your response to these Web postings.

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