The University of Texas at San Antonio Expands Downtown Footprint with One Riverwalk Place Purchase
Exciting news for the University of Texas at San Antonio as they recently signed a letter of intent to purchase One Riverwalk Place, an 18-story office building near its Southwest Campus, as part of their continued efforts to expand their downtown presence.
The acquisition of this strategic building is seen as a significant opportunity for UTSA, providing space for academic departments, support services, student residences, and experiential learning spaces, as noted in documents from a recent meeting with the UT System.
UTSA President Taylor Eighmy expressed excitement about the potential purchase, highlighting the building’s proximity to the Southwest Campus and its potential for academic innovation and the arts.
Anticipated Move-in Summer 2026
If approved by the UT System Board of Regents, UTSA plans to commence a process of engaging with academic colleges and community stakeholders over the next year, with the goal of finalizing the move to One Riverwalk Place in the summer of 2026.
Veronica Salazar, UTSA executive vice president for business affairs and chief financial officer, emphasized the university’s commitment to supporting positive development in San Antonio through continued investment in downtown areas.
Expanding Opportunities for Academic Engagement
UTSA’s focus on downtown expansion includes the development of state-of-the-art facilities like San Pedro I and the upcoming San Pedro II buildings, which aim to provide collaborative opportunities for students in data science, national security, and career-focused learning.
The university’s campus master plan aligns with its goal of building sustainable partnerships and connecting students with business and community partners to enhance their educational experience.
Stay Tuned for Updates
The UT System Board of Regents is set to vote on the acquisition during its upcoming meeting in August, so be sure to follow KSAT for the latest updates on this exciting development for UTSA and downtown San Antonio.
Related coverage on KSAT:
Copyright 2024 by KSAT – All rights reserved.