Basketball and volleyball are getting a major upgrade in Moscow.

U of I just unveiled plans for the 4,700 seat venue to host basketball games, volleyball games, concerts and more. There isn't a date set in stone for construction to begin or when we'll see the finished venue, but we do know it'll be located just north of the Kibbie Dome.

The price tag comes in at a cool $30,000,000. In comparison, Beasley cost $8,000,000 to build way back in 1973.