Government Market News StaffThe University of Texas at San Antonio (UTSA) San Pedro II project received approval to proceed with design development and construction. The University of Texas System Board of Regents selected two architecture firms and gave the go-ahead to prepare the site for construction and groundbreaking in 2024.
San Pedro II is expected to be around 180,000 square feet and provide reconfigurable and adaptable spaces for students, faculty and staff. Initial designs also call for public spaces for community meetings, conferences and events.
Funding for the $130 million San Pedro II project comes from three sources:
- $72 million from the University of Texas System Permanent University Fund.
- $52.4 million from the State of Texas Tuition Revenue Bond.
- $6.5 million from Revenue Financing System Bonds.
According to school officials, San Pedro II extends immersive opportunities for academic programs and research in cybersecurity and data sciences offered by the School of Data Science and the National Security Collaboration Center, which are housed in San Pedro I.
San Pedro I and San Pedro II are part of a larger plan to revitalize historic downtown San Antonio. The two facilities will connect classrooms and meeting spaces with the surrounding outdoor venues.
