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Regents Approve $162.7 Million for Tarleton State University Capital Projects

STEPHENVILLE, TX – The Texas A&M University System Board of Regents recently approved the allocation of $162.7 million in capital-construction for key projects outlined in Tarleton State University’s Fiscal Year 2016-2020 Capital Plan.

“We are grateful to Chancellor John Sharp and the Board of Regents for their confidence in our quest to become the premier student-focused university in Texas and beyond,” says Tarleton President Dr. F. Dominic Dottavio. “[These] actions position us well for such a pursuit.”

A majority of the allocation is designated for construction of an Applied Sciences building on Tarleton’s Stephenville campus and an all-purpose academic and administrative facility on the new 80-acre Fort Worth campus. Both structures were approved by Gov. Greg Abbott following the 84th Legislative session.

Additionally, these actions by the Regents allow The Texas A&M University System to amend Tarleton’s lease of office and classroom space at Tarleton Fort Worth’s current location, in the Hickman Building at 6777 Camp Bowie Drive. Tarleton has negotiated with Hickman for additional space to meet university needs through August 2019, with additional one-year renewal options.

Utility and infrastructure improvements, which will result in a pedestrian mall area on the Stephenville campus, receives $25 million in capital-construction funds. An additional $24 million will support the renovation and expansion of Tarleton’s Memorial Stadium.

In addition, this approval by Regents provides a total of $20.1 million to fund new physical plant projects as well as several already under way.

Tarleton State University’s Fiscal Year 2016-2020 Capital Plan also includes several key unfunded capital projects, including $10 million for the renovation of Wisdom Gym, $7 million for an aquatics center and $5 million for expansion of the school’s dining hall, plus dollars for future land acquisitions. The plan notes the $23-million private development of Integrity Hall, a 504-bed residential and learning facility that opened this fall, as well as $76.3 million for three new residence halls slated for construction later in this fiscal year.

Tarleton State University, a member of The Texas A&M University System, provides a student-focused, value-driven educational experience marked by academic innovation and exemplary service, and dedicated to transforming students into tomorrow’s professional leaders. With campuses in Stephenville, Fort Worth, Waco, Midlothian and online, Tarleton engages with its communities to provide real-world learning experiences and to address societal needs while maintaining its core values of integrity, leadership, tradition, civility, excellence and service.

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