The IU Board of Trustees will vote Wednesday whether to approve the $10 million project.
IU Officials say there will be no IU homecoming parade this year.
IU's Marching Hundred was chosen to perform a pre-game show at Super Bowl XLVI.
The Marching Hundred practiced Saturday for their Super Bowl appearance.
The Marching Hundred will be part of the big half show entertainment during Super Bowl 2012 in Indy.