Texas Tech Regents to Weigh $106 Million Rawls Business Addition and $35 Million Red Steagall Institute on Nov. 11

The Texas Tech University System Board of Regents will consider $141 million in new building budgets on Wednesday, Nov. 11, according to the board's posted agenda. The Facilities Committee is set to act on a $106 million addition to the Rawls College of Business and a $35 million budget and construction award for the Red Steagall Institute at the National Ranching Heritage Center. The committee meets at 8:50 a.m. at the System Administration Building, 1508 Knoxville Ave., in Lubbock.

The Rawls project would add about 83,000 gross square feet of new space and renovate 33,175 gross square feet of the existing business school, for about 116,000 gross square feet in all. The agenda asks the regents to approve $1,755,000 for Stage I design, covering programming, schematic design, a probable-cost estimate and a schedule. It also asks the board to award the design professional agreement.