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

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COLLEGE STATION, Texas (KBTX) — On Wednesday, the Texas A&M University System Board of Regents voted on the May Business School expansion and a lease in Fort Worth during a town hall meeting at Texas A&M University’s Memorial Student Center.

Construction of the May Business School expansion, the Business Education Complex project, is scheduled to begin in September and be substantially complete in October 2024. The project comprises an 82,000 square foot four-story building and an area dubbed “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, acting dean of Mays Business School, said the expansion of May Business School will enable the university to provide better educational opportunities for students at all levels. The new building will include electronically wired gathering and collaboration spaces that are specifically designed to promote student interaction, Ireland said.

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

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

“We believe this is a fabulous indication of Texas A&M University’s commitment to educational excellence in this regard for Mays Business School,” Ireland said. “We believe this demonstrates that our school, our university, is committed to providing superior educational opportunities for all of our students at all levels. In this case, it 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 new Texas University System offices that will be located at 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 be among the first entities to join Texas A&M University School of Law as part of expansion.

“This additional expansion will allow the Texas A&M University System to have a presence 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 together additional partner agencies as well as other researchers and industry partners 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 soon be two buildings here,” McCuistion said. “The first building will be for law in addition to the other academic programs that will be offered there and the second building will focus on research and innovation. There will be a total of three buildings, the third building will be built after the demolition of the current law school.

Construction of the Law and Education Building is expected to take place in 2023, with the cost covered by proceeds from the Permanent University Fund. The Research and Innovation Center should be built around the same time.

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

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