University of Texas System kills proposal for Houston campus
The University of Texas System has killed its controversial proposal for development of a 300-acre campus in Houston, a project pushed by Chancellor Bill McRaven.
In a press release, McRaven suggests that debate about the merits of the project had become a distraction from the “extraordinary work underway on the 14 campuses of the UT System.”
“I accept full responsibility for the lack of progress on this initiative. I am grateful to the Regents, my system staff and the university presidents for their engagement over the last year,” McRaven said in a memo to Regents’ Chairman Paul Foster.
McRaven also recommended to the Board of Regents that the UT System real estate office develop a plan to divest the UT System of the land, which it bought for $215 million.
Read more: http://www.statesman.com/news/university-texas-system-kills-proposal-for-houston-campus/rCdaVIzdHwu2sicmt3a3xJ/
