Texas A&M University System Approves Mays and Fort Worth School of Business Lease Extension

COLLEGE STATION, Texas (KBTX) – On Wednesday, the Texas A&M University System Board of Regents voted to expand the May School of Business and a lease in Fort Worth during a public meeting at the Texas A&M University Student Memorial Center .

Construction on the May School of Business expansion, the Business Education Complex Project, is scheduled to begin in September with substantial completion expected in October 2024. The project includes a four-story, 82,000-square-foot building and an area called the “Collaboration Plaza ,” which will be located on Olsen Boulevard, northeast of the Wehner Building. The project has a total budget of $84,197,309, which will be paid for through various methods including donations.

Duane Ireland, interim dean of the Mays School of Business, said the expansion of the Mays School of Business will allow the university to offer better educational opportunities to students at every level. The new building will include wired huddle spaces and collaboration spaces that are purpose-built to promote interaction among students, Ireland said.

“We’re also going to have a coffee shop on the first floor,” Ireland said. “There will only be coffee and drinks, but this will give us the opportunity for individuals to meet, collaborate and share ideas. Students will be able to sit down informally and talk about the projects.”

Ireland said this is a great opportunity for the Mays School of Business to provide students with the skills they need to survive in tomorrow’s business environment.

“We think this is a wonderful indication of Texas A&M University’s commitment to educational excellence in this regard at the Mays School of Business,” Ireland said. “We think this shows that our school, our university, is committed to providing all of our students at all levels with superior educational opportunities. In this case, these will be technologically superior educational opportunities as well as through face-to-face communication.”

The Fort Worth lease expansion will add 10,630 square feet for the University of Texas System’s new offices to be located in Burnett Plaza in downtown Fort Worth. Members of the Texas A&M system such as Texas A&M AgriLife, Texas Division of Emergency Management, Texas A&M Engineering, Mays Business School, Tarleton State University and others will move into these new offices and will be among the first entities to ‘join the Texas A&M University School of Law as part of the expansion.

“This additional expansion will allow the Texas A&M University System to have a presence there in North Texas,” said Kim McCuistion, associate vice chancellor and director of the Texas A&M University system, Forth Worth Campus. “We will be able to bring additional partner agencies, as well as other researchers and industry partners, all in one complex to ask some of the big questions we face.”

The expansion is part of the university’s vision to create an urban research campus in downtown Fort Worth, which has been dubbed “Aggieland North.”

“The law school will move into the first two phases, which will be two buildings here soon,” McCuistion said. “The first building will be for justice alongside other academic programs that will be offered there and the second building will be focused on research and innovation. There will be three buildings in total, the third building will be built after the current faculty of law is demolished.”

The construction of the Law and Education building is planned to take place in 2023 with the cost covered by the income from the University’s Permanent Fund. Around the same time, the Research and Innovation Center is also expected to be built.

During the meeting, the Regents also voted to name Highway 21, the entrance to the Texas A&M RELLIS Campus Gus Grissom Boulevard after the late astronaut Virgil “Gus” Grissom.

Copyright 2022 KBTX. All rights reserved.

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