Baylor University on Tuesday announced plans to build a $105 million basketball facility. The news comes on the heels of an announced $100 million anonymous gift to the school’s Give Light fundraising campaign.

The gift is the largest in the school’s history and paves the way for the creation of a key portion of the university’s Athletics Master Plan.

“Today is an exciting day for Baylor Athletics,” athletic director and university vice president Mack Rhoades said. “This marks a tremendous step forward in our effort to create the nation’s best home-court advantage for each of our 19 intercollegiate sport programs.”

The fieldhouse-concept facility, currently called the Baylor Basketball Pavilion, will feature a capacity of 7,000-7,500, a new state-of-the-art practice facility, separate locker rooms, practice gyms, team lounges and office suites, and shared sports medicine and athletic performance space. The new facility will allow for the men’s and women’s basketball programs to relocate, freeing up space in the Ferrell Center and allowing for that facility to undergo a renovation and improvement project of its own.

The Ferrell Center will primarily host the volleyball and acrobatics and tumbling programs. The facility will undergo a $20 million renovation once the basketball project is complete.

Jason Scott is Online Managing Editor of Athletic Business.