On November 16, 2010, George W. Bush broke ground on what is to become the George W. Bush Presidential Library. There are currently 12 presidential libraries overseen by the Office of Presidential Libraries which is part of NARA – National Archives and Records Administration. Once completed, the Bush library will make number 13. The library is actually part of a larger structure called the George W. Bush Presidential Center which will also include the George W. Bush Policy Institute as well as the offices of the Bush Foundation. The estimated cost of the project is anywhere from $200-$500 million and is expected to be completed in July 2013.
Plans for the George W. Bush Center were conceived in 2005 while the former president was still in the Whitehouse. At that time, six colleges were encouraged to submit a bid even though two of the schools, Baylor University and Southern Methodist University, had already started preparing their bid for the library. The other schools contacted were the University of Texas System, Texas Tech, Midland College, and University of Dallas. All of the colleges had advantages in their location which made them a good spot to put the library. Eventually, though, Southern Methodist University was chosen as the final resting place for the center.