The University of Dayton in the United States has unveiled plans for its $72m (£56m/€66m) basketball arena renovation project.

The UD Arena, a 13,435-capacity stadium in Ohio, has been the home to the March Madness First Four basketball play-in games since 2011.

According to the Dayton Daily News, the cost of the arena upgrade is being covered through private donations and the university.

The timeline of renovations will take place in three phases over the next two years, with university officials saying it will be complete in time for the arena’s 50th anniversary in 2019.

Renovations include new air conditioning, new broadcast technology and improved Wi-Fi, with the president and athletics director saying that money will go toward turning UD Arena into an “environmentally conscious, state-of-the-art facility.”

There will also be upgrades to infrastructure, parking and bathrooms, concessions and merchandise locations.

According to ESPN, officials said that most seats will be unaffected, however some season ticket holders will be required to move.