Vice Chancellor of Strategic Priorities Kyle Scott said among the completed projects over the past five years are the East Aldine Center, the Montgomery Live Entertainment Building, expanding the LSC-Montgomery Conroe Center and the University Park Science and Innovation Building.
“Out of the $485 million, we have sold $300 million which leaves $185 million left to be issued,” Scott said. “We have not set a time on when we will go to market with the remaining bonds.”
Construction projects have been split up into three phases, with projects such as the Fairbanks Chemistry Lab, Fallbrook Center and a south entrance for LSC-Tomball all expected to be completed in the coming months.
Meanwhile, work is in progress for the oil and gas training center at LSC-Tomball, which is anticipated for a fall 2020 opening. A new $28.86 million Magnolia satellite center is slated among the remaining construction projects, but no completion date has been announced, as the land is pending purchase, Scott said.
Scott said due to the amount of remaining money in the bond, there are no immediate plans to go after another bond referendum.