FORT COLLINS, Colo. (CBS4)– An on-campus stadium for Colorado State University would come with a $246 million price tag.

The stadium designer released the estimate Wednesday evening.

CSU’s athletic director said having the stadium on campus will boost alumni donations and increase out-of-state enrollment.

Some people want to keep the current Hughes Stadium with more endzone seats and a restaurant..

CSU’s president said he won’t make a decision on the project until August.