Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Texas  | 

Good News for Longhorn Fans: $175M Approved for Stadium Upgrade

The University of Texas System Board of Regents gave its approval to a $175 million revamp of the Darrell K Royal-Texas Memorial football stadium in Austin. The stadium upgrade is expected to begin in summer 2019, with completion planned by summer 2021.

The upgrade will include new suites, loge boxes, sponsor amenities, modified fan seating, and new coaches’ offices on the south end of the stadium. An expansion of the north end zone of the stadium was completed in 2008.

The project will be paid for by donations, rather than tuition or taxpayer dollars. So far, $30 million has been pledged to the effort, with the donation goal at $125 million. The system’s governing board also authorized the school to borrow an additional $50 million in revenue bonds, that will be paid off with ticket and premium seating proceeds.

The stadium is at 2139 San Jacinto Blvd.

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter


Inside The Story

Read More at Texas Tribune

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

New call-to-action