Baylor Regents Approve $83 Million in Capital Projects
Baylor University's Board of Regents today approved a five-year capital projects plan that includes more than $83 million in new facilities and campus improvements. The plan is in addition to the $20 million Student Life Complex project, which had already been approved by the board. Regents were told Friday that construction on the SLC is expected to get under way within the next three to six months.
The capital projects approved by regents and their projected costs:
-- Law School building, $25 million;
-- Utility infrastructure upgrade (electrical, heating and cooling systems), $16 million;
-- Athletics facilities (football, baseball, softball, soccer, golf and tennis), $12.5 million;
-- Speight Avenue parking garage, $7.5 million;
-- Phase I of the Discovery Center (Strecker Museum Complex), $6.5 million;
-- Phase I of George W. Truett Theological Seminary facility, $5 million;
-- Campus landscaping, $5 million;
-- Chapel, $3.5 million;
-- Penland and Memorial dining hall renovations, $2.5 million;
-- Phase III of the high-tech dorm wiring project (new telephone, computer and cable TV wiring in South Russell, Allen, Dawson, Collins and remainder of Penland and Brooks Halls), $1.6 million.
The capital projects -- some of which will begin within the next few weeks -- will be paid for through a combination of fund-raising efforts, self-liquidating debt and the operations budget. Details about individual projects will be released as architectural, engineering and funding plans are finalized.
"Over the next five years we will see an unparalleled period of construction and improvements to campus facilities," said Baylor President Robert B. Sloan Jr. "The regents have adopted a bold plan that ensures the campus will continue to meet the educational, spiritual, physical and social needs of our students, faculty and staff."