(08/14/13) - After weeks of speculation, Kettering University officials confirm they are taking over one of Flint's most historic landmarks.
Atwood Stadium will now be part of the school's campus.
This is a historic move for the city and for Kettering. Atwood is set to become another element of the school's expanding presence in the University corridor.
For nearly 85 years, Atwood Stadium has been a landmark in the Vehicle City. It has hosted thousands of sporting events, as well as concerts, political rallies and other gatherings.
Now, the iconic venue is undergoing an ownership transfer. Wednesday, Kettering University's president officially announced plans to take over the 11,000 seat stadium, which sits just a few blocks east of the school.
"We are growing, the campus is growing, we're in the process of a master planning exercises and you'll see us investing more and more in the community and in Flint," said Robert K. McMahan, Ph.D.
Judge Duncan Beagle helped get the stadium reopened in the 90s, and also oversees the Atwood Stadium Authority. He is hopeful about the change.
"I don't doubt that we'll continue to do the same activities we've done. I don't think anyone on the authority would have been excited about doing this unless we could still be able to use the stadium as we have in the past," he said.
"We believe very strongly that we have an active role to play in the revitalization of Flint and it starts with the areas the university and so we're very passionate about the university corridor," McMahan said.
We're told the agreement calls for Kettering to continue to host traditional events, like the Atwood Road Races and high school football games.
Meantime, the Atwood Authority, a volunteer group, will become a fundraising organization working with Kettering on stadium upkeep and renovations.
We also spoke with Flint Mayor Dayne Walling about the change. He says both the stadium and Kettering University have his full support.
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