Texas A&M's agricultural arm is going to get pumped up, and even more construction is coming to campus.
The System Board of Regents have signed off on $51 million worth of construction on land just northwest of Reed Arena off John Kimbrough Boulevard near Discovery Drive. In total -- including revenue financing
system debt proceeds, investment earnings, gifts and indirect costs -- the project will cost an estimated $62.4 million.
A five-story agriculture headquarters building and visitors center will be constructed in order to bring together all the ag elements of A&M in one location. It will be 168,000 square feet.
Construction is slated to begin in the next few months, with officials hopeful for completion in 2011.
More construction just up the road from the Brazos Valley will take at least another meeting to get a thumbs up from the regents.
Negotiations between the Army and A&M will continue with regards to 672 acres of land on Fort Hood valued at $1.7 million. There, the system wants to build the new A&M-Central Texas campus.
Some particulars of the deal still need to be worked out, but a vote could come by the next Regents meeting in late May.
The Thursday-Friday meetings marked the last for Regents John White and Erle Nye. Governor Rick Perry's appointments, Bryan businessman Phil Adams and Austin businessman Jim Schwertner, will replace White and Nye on the board pending approval by the Texas legislature.