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Fort Worth considers waiving at least $1.3 million in fees for Texas A&M campus

See full Fort Worth Star-Telegram article by Harrison Mantas here.

The Fort Worth City Council will decide at its March 31 meeting whether to waive all development fees for Texas A&M’s downtown campus.

City staffers say the waivers will speed up the project and help catalyze development in the southeastern corner of downtown.

The exact amount of the fee waiver is unknown, however the estimated fees for the construction of the first of two research and innovation buildings are around $1.3 million, said Roger Venables, the city’s aviation director who also coordinates the city’s efforts on the Texas A&M campus.

The move comes roughly a year-and-a-half after the council waived $800,000 in fees for the new law school building, and the first of two research and innovation buildings.

This new waiver will apply to all future phases of the development, including the second research and innovation building, the gateway building and the performance and visual arts building planned.

When completed, the new Texas A&M campus will be Fort Worth’s first Tier One research university campus.

The $200 million law school building, which broke ground in 2023, is expected to wrap up construction this summer, according to project timelines.

The first research and innovation building is expected to break ground in June, with the other buildings still in the design phases.

The City Council will vote on the fee waive at its 11 a.m. meeting on March 31 at city hall.

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