A Wednesday meeting called by the Texas A&M University System will feature an announcement of an “important update” relating to the Kyle Field redevelopment project, according to the university.
The 3:00 p.m. event at The Zone at A&M's football stadium will feature A&M System Chancellor John Sharp, A&M President R. Bowen Loftin, College Station Mayor Nancy Berry, Brazos County Judge Duane Peters, and Bryan-College Station Convention & Visitors Bureau's Hunter Goodwin.
It will be the first appearance together by the community and university leaders since discussions on the Kyle project began, discussions that included how it will be paid for over time.
As first reported by News 3, last year during early talks on the topic, A&M floated a $38 million figure to Bryan, College Station and Brazos County that the trio might pay as part of a $425 million project.
The aging stadium will eventually see its west and east stands undergo massive reworking if not demolition and rebuilding, along with the creation of a set of seating and facilities on the south side. Construction on the stadium would likely not begin until the 2013 football season ends, but demolition of some surrounding buildings like G. Rollie White Coliseum has been authorized by the System to begin at any time.
The Populous design firm and Manhattan-Vaughn Construction are working with A&M on the project.
A number of options have been discussed by community leaders to pay for any amount that they would be asked to contribute, including tax options that visitors would pay instead of county residents.