Penn State's Beaver Stadium is undergoing a $700 million renovation project, set to be completed by the 2027 football season. At Penn State University in State College, the biggest plays are not being made on the gridiron at Beaver Stadium. Crews have now begun pouring concrete and building the foundation for a tower that will be built in time for the 2027 football season. It is anticipated that the Penn State stadium will maintain a capacity for more than 100,000 spectators throughout the renovation. • Create a massive venue with gradually sloping stands, according to architectural renderings of the completed Beaver Stadium.