Pace Academy’s $32-million Aim High capital campaign for a new Upper School has exceeded $35 million, and the school will use the extra funds to build a new stadium and track at the Athletic’s Complex.

The stadium and track will complete the school’s original vision for the property, which it acquired in 2005, according to a press release from Pace. The stadium will be named Walsh Field in honor of Leigh and Tim Walsh, members of the class of 1981. The Walsh’s contribution to the campaign is the largest alumni capital gift in Pace history.

Walsh Field will be built adjacent to the Athletics Complex’s multipurpose field in a space now designated as practice fields. It will include bleacher seating, a FIFA-regulation grass field suitable for all sports and a Beynon track. The project will be complete in time for the Knights’ first home football game of the 2014 season on Friday, Aug. 29.