A&M Regents Approve Deals With Developers

COLLEGE STATION (September 8, 2013)--Texas A&M University System regents have approved ground leases to allow developers access to school land in a move that frees up A&M officials to enter into the leases with private companies.

Chairman Phil Adams said regents discussed the items Saturday during a closed-door executive session.

The negotiations, new to Texas A&M, would allow private companies to use their own capital to construct the projects.

State Rep. John Raney, R-Bryan, authored a bill this year that gave regents the authority to sell or lease Texas A&M land.

The measure cleared the way for such public-private partnerships.

One proposal involves a 4,000-bed West Campus Housing Project that would be built on 46 acres along University Drive in College Station.

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