{"id":136762,"date":"2025-08-11T11:05:39","date_gmt":"2025-08-11T11:05:39","guid":{"rendered":"https:\/\/www.europesays.com\/us\/136762\/"},"modified":"2025-08-11T11:05:39","modified_gmt":"2025-08-11T11:05:39","slug":"fort-worth-approves-40-million-for-downtown-parking-at-texas-am-campus","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/136762\/","title":{"rendered":"Fort Worth Approves $40 Million for Downtown Parking at Texas A&#038;M Campus"},"content":{"rendered":"<p>                &#13;<br \/>\n                    <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/UniversityCampus_Original.jpg\" alt=\"Texas A&amp;M Campus\" title=\"Texas A&amp;M Campus\"\/>&#13;<\/p>\n<p><strong>Fort Worth leaders have agreed to invest $40 million toward a new public parking facility that will form part of Texas A&amp;M University\u2019s downtown campus project.<\/strong><\/p>\n<p>The <strong>garage<\/strong> will be built beneath the university\u2019s planned Research &amp; Innovation Building. It will feature four above-ground parking levels for public use, with space for about 440 vehicles, plus one underground level reserved exclusively for the university. Above the parking structure, a 14-story academic tower will rise as the centerpiece of the new campus.<\/p>\n<p>The funding will come from two tax increment financing districts \u2014 the Downtown district and the Lancaster Corridor district \u2014 <strong>each contributing $20 million.<\/strong> These districts use growth in property tax revenues to fund improvements.<\/p>\n<p>City officials emphasized that the allocation will not reduce resources for other projects, pointing to steady increases in district property values.<\/p>\n<p>Oversight of the design and construction will be handled by the Research &amp; Innovation Local Government Corporation, established in 2023 to manage the campus development. The city\u2019s <strong>$40 million commitment<\/strong> is the maximum it will contribute. Texas A&amp;M will maintain and operate both the public garage and the underground university parking, as well as the new academic building.<\/p>\n<p>Although the overall cost of the project has not yet been finalized, construction is expected to begin in the coming year.<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; &#13; Fort Worth leaders have agreed to invest $40 million toward a new public parking facility that&hellip;\n","protected":false},"author":3,"featured_media":136763,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5138],"tags":[5229,9361,82206,7371,7372,7343,358,11426,3187,67,586,132,5230,82207,68,2969],"class_list":{"0":"post-136762","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fort-worth","8":"tag-america","9":"tag-campus","10":"tag-campus-parking","11":"tag-fort-worth","12":"tag-fortworth","13":"tag-parking-garage","14":"tag-texas","15":"tag-texas-am","16":"tag-tx","17":"tag-united-states","18":"tag-united-states-of-america","19":"tag-unitedstates","20":"tag-unitedstatesofamerica","21":"tag-university-parking","22":"tag-us","23":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115009809577144269","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/136762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=136762"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/136762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/136763"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=136762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=136762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=136762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}