UT System Announces Major Houston Expansion

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Real Estate Broker/Owner with Brockway Realty, LLC TREC: 0424566

UT System Announces Major Houston Expansion, Other 'quantum leaps' as Part of Strategic Plan

 

Houston Business Journal

Olivia Pulsinelli, Senior Web Editor, November 5, 2015

 

Excerpt from Houston Business Journal - “The University of Texas System announced on Nov. 5 a comprehensive strategic plan full of "quantum leaps," including a major expansion in Houston.

One day earlier, the system’s board of regents approved the acquisition of more than 300 acres off Buffalo Point, about 3.5 miles from the Texas Medical Center. Although specific plans for the land have not yet been decided, Chancellor William McRaven called it a game changer for Houston, the UT System and the State of Texas.”

Admiral William H. McRaven, USN Retired

University of Texas System Chancellor

Photo: Houston Business Journal

 

“This will not be a University of Texas at Houston. Rather, it will be an ‘intellectual hub’ for UT — an opportunity for all our campuses to take advantage of the Houston professionals in the fields of medicine, energy, engineering, business, aerospace, health care and the arts,” McRaven said in prepared remarks to the board of regents on Nov. 5.

 

Early next year, McRaven will convene a task force of civic leaders, legislators, academic and health presidents, faculty, students and regents, along with other constituents, to begin the planning process for the property.

 

“We have educational and research gems across our UT System portfolio that, if leveraged with key sectors of health, energy and business in Houston, will allow us to accelerate discoveries and expand research and educational opportunities — complementing our existing UT health institutions — and significantly grow our state’s economic competitiveness,” McRaven said in a Nov. 5 statement. … “

 

To read the complete article, visit the Houston Business Journal website.

 

 

 

 

 

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Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Lots of apts, income property opportunites once it is defined better....

Nov 14, 2015 07:49 AM #1
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning James. Looks like opportunity is about to shine on the Houston area. Enjoy the opportunity and your day!

Nov 14, 2015 08:09 PM #2
Rainer
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James Brockway
Brockway Realty, LLC - League City, TX

Good things happening in Houston!

Nov 15, 2015 03:02 AM #3
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Rainer
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James Brockway

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