On Thursday, Nov. 17, the UT Board of Regents approved the next phase of UTSA’s “downtown development initiatives.” According to the university’s official news release, investments of $52,409,972 from the State of Texas Tuition Revenue Bond proceeds and $72,000,000 from University of Texas System Permanent University Fund bond proceeds will support the new Innovation, Entrepreneurship and Careers (IEC) building, which will be known as San Pedro II.

The building will be constructed across from San Pedro I, which houses the university’s new School of Data Science and the National Security Collaboration Center. The new facility is part of UTSA’s San Pedro II development project and will “introduce additional interdisciplinary and collaborative programs in business, engineering and sciences.” The project as a whole, along with UTSA’s overall downtown expansion, will allow for more hands-on learning opportunities for students as well as new partnerships. 

More information about the project can be found at https://www.utsa.edu/today/2022/11/story/UTSA-continues-downtown-development-with-san-pedro-II.html.