Yesterday, UCLA officials unveiled renderings of what'll be the new Pauley Pavilion, an upgrade to the 1965 Welton Becket-designed sports arena, currently used as the home of the Bruins basketball team and various other sports teams. Check out the video and reactions to the project on the Daily Bruin's web site. Work on the arena--the design is being done by global architecture firm NBBJ (Safeco Field in Seattle, Staples Center)--will start next year and hopefully be completed by 2012. A fundraising campaign will help pay for the $180 million project, although the Los Angeles Times takes the angle that longtime season ticket holders may lose out in terms of seats. Via the paper: "The university will look to trade choice seats for big donations, which could prompt some season-ticket holders to worry whether they will be pushed farther from the action." Whether that's a valid concern is unclear: One UCLA official tells us the seat issue isn't really a concern at this point. Additionally, the Daily News reports that a "naming rights sponsor isn't out of the question," meaning the stadium name could change. Meanwhile, construction on the stadium means that the Bruins will be playing at the Forum, Staples Center and Honda Center, according to the Inside UCLA blog.