HIGH POINT, N.C. -- Plans are moving forward to bring a baseball team and a multi-use stadium to downtown High Point!

Watch: $30M Stadium Coming To Downtown High Point

At a news conference on Wednesday, High Point University's President, Dr. Nido Qubein announced they have surpassed their goal of raising $38 million in private donations. Instead, Qubein says they've raised $50 million.

If Guilford County Commissioners approve the proposed stadium project, the $50 million would be used to fund the following:

• A children’s museum with state of-the-art technology and exhibits that encourage children to embrace learning in science, technology, engineering and mathematics.

• An urban park with playground equipment that furthers innovative learning.

• An educational cinema for families.

• An events center to host conferences that increase tourism and banquets for community gatherings.

Qubein also spoke about the new proposed stadium with various other representatives talking about the economic developments that would follow a new stadium in High Point.

"We have a plan. We have the energy and the commitment to get it done," said Qubein. "Now all we have to do is execute."

There are also plans to build a new hotel and an apartment complex next to the stadium.

Watch: High Point Neighbors Weigh In On Development Around Ballpark

Here's what we know from Wednesday's meeting on the High Point baseball stadium:

  • Triad developer Roy Carroll will build a hotel in the downtown stadium area.
  • Blue Ridge Companies will build 200 apartments in the downtown stadium area.
  • BB&T will provide naming for the stadium.
  • The Atlantic League of Professional Baseball will start a minor league baseball team.

Quebein says it's all part of their vision to completely revitalize downtown.

"Energy, excitement, families coming together. Strolling across downtown," said Qubein. "Finally we can get rid of some of the blight and energize our city in positive ways."

Now county commissioners are up to bat.

They'll have to sign off on the deal before a first pitch can be thrown.

"This is for real! This is the time to make something happen," said Qubein. "Enough talk already. Enough planning, enough imagining. Let's get this done!"

Nearly three quarters of the money being used for this project comes from private donors.

If the project is approved, the city will have to spend $30 million to build the stadium including $15 million to buy the land.

The goal is to have the stadium ready to go by spring of 2019.

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