UT System May Construct $100 Million Austin Office
The University of Texas System Board of Regents will meet in Tyler this week and consider, among many things, whether to approve the construction of a system office building in downtown Austin that is projected to cost $102,417,000.
The UT System's downtown Austin offices are currently spread across five aging buildings — the oldest has been around for more than 130 years — with mounting maintenance costs. Officials determined that a change was in order. They decided that the best option would be to construct a 16-story building comprising 258,500 square feet of office space and garage capacity ...
Comments (11)
Caleb Michael Nichols via Texas Tribune on Facebook
thats alot of money !
Christina Jonsson via Texas Tribune on Facebook
Is that $100 Million going to trickle down to the students and taxpayers? Follow the money to Rick Perry. Who knows what he'll do with it, but it can't be good.
Chris Jonsson
Is that $100 Million going to trickle down to the students and taxpayers? Follow the money to Rick Perry. Who knows what he'll do with it, but it can't be good.
Eli Aaron via Texas Tribune on Facebook
Oxymoron
Michael Redding via Texas Tribune on Facebook
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William Pate
Add the offices into the medical school complex.
Leon Drozd
Awwww. Those poor officials. How many years back when they would have had to use the out house?
Texas can find the money to build ivory towers which makes contractors and their employees rich, but not to fund the cost of higher education so it is affordable to students and their families. I thought Texas was awash in oil royalty money which paid for all these education-related costs.
Bill Eaves via Texas Tribune on Facebook
Oh yeah that's what they all say....
Les Stevens via Texas Tribune on Facebook
Students can walk by it and admire what their perpetually increasing tuition buys
Pickles Sorrell
How is it when a similar private commercial structure is built in downtown Austin it might be in the $30-60 million range, but UT has to spend $102 million (on land they appear to already own?)
Unbelievable.
Samdavis
Why not build out where the costs are cheaper? The legislature cut 1.7 billion in higher education funding last session but now they can find 100 million for a building?