2/3 of the cost was pledged, formal renderings released and a timeline for construction exists. Yes, the project was absolutely shovel-ready. The residual donor financing is TBD, but up front would usually financed by bonds. Numerous "peer institutions" have been able to move forward in this way. Zable renovation, Alumni house expansion etc I believe happened this way. The project should be a priority as well as funding scholarships etc, not either/or. There should be a harder push and this wavering is concerning to me and shows a lack of confidence in the ability of the department to do any more than tread water.