In 1988 the institute administration was moved from the Texas A&M University System to the Texas A&M University under the leadership of Dr. Charles Arntzen, Vice Chancellor of Agriculture and Dean of the College of Life Sciences and Agriculture (COALS). Arntzen secured a grant from the United States Department of Agriculture for $12.5 million and other private donations including one from Texas oilman Albert B. Alkek to build the Albert B. Alkek Institute of Biosciences and Technology Building in the Texas Medical Center at a cost of $21.5 million. The 11-story building stands on the former site of the historic Shamrock Hotel. Under Arntzen's leadership, Centers for Animal Genetics, Advanced Invertebrate Molecular Sciences and Biotechnology Policy and Ethics were established and funding secured for additional endowed chairs from the Allen, John S. Dunn, and Neva and Wesley West (see Wesley West) Foundations. In 1990, he recruited Dr. Robert D. Wells into the Welch Chair as Chairman of the Department of Biochemistry and Biophysics (COALS) and Director of the IBT. Under Wells directorship (1990–1994), Centers for Genome Research, Macromolecular Design, Extracellular Matrix Biology, Crop Biotechnology, Animal Biotechnology, Genome Informatics and Cancer Biology were established.