What to know about UTSA’s next $124M downtown expansion

The University of Texas at San Antonio plans to open the first part of its downtown facility soon, but the school is already moving on the next multimillion-dollar phase of expanding its facilities in central San Antonio. The board of regents for the University of Texas school system approved on $124 million in funds on November 17 to use on a new campus building along San Pedro Creek

The cost

The board of regents approved the use of a total of $124.4 million that will pull from two different funding sources. Here’s what that breakdown looks like: 

  • $72 million will come from permanent university fund bond proceeds. 
  • $52.4 million will come from tuition revenue bond proceeds.
  • $90.5 million will go toward construction while $11 million will be used for equipment and furniture.
  • The remaining total will go toward other construction and design related fees. 

The University of Texas at San Antonio new School of Data Science and National Security Collaboration Center sits of the recently renovated portion of San Pedro Creek downtown.

The University of Texas at San Antonio new School of Data Science and National Security Collaboration Center sits of the recently renovated portion of San Pedro Creek downtown.

William Luther /Express-News

Teaching entrepreneurship

The new building will be on the other end of the spectrum from its neighboring data science building. Plans call it the Innovation, Entrepreneurship, and Careers Building. The 180,000-square-foot building will have six levels of classrooms, teaching labs, and meeting space. 

The new building will support learning innovating new technology to prepare students for “careers in business, technology, and its applications, and independent small business development,” according to the agenda documents. UTSA hopes to finish the building by 2026. 

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