Northwestern on Monday unveiled renderings of what the new $850 million stadium will look like in Evanston. Why it matters: The university is moving forward with the state-of-the-art Ryan Field to compete with other Big Ten football programs.

Northwestern released a video rendering showing the inside of the new $850 million Ryan Field. The stadium will serve as a year-round venue for the community.

When Northwestern opens the new Ryan Field in 2026, it will not only be the largest stadium project in college football history, with a price tag of $850 million, but possibly a model for future stadium designs around the sport.

The beauty and majestic view of Lake Michigan from Northwestern's temporary on-campus stadium it would be easy to forget that Ryan Field is undergoing a huge renovation. This morning, the school released plans for the new Ryan Field, set to cost a college football record $850 million.