To view our videos, you need to enable JavaScript. Learn how. install Adobe Flash 9 or above. Install now. Then come back here and refresh the page.

"It isn't everyday that a premiere research university gets a medical school, Bill Powers, U.T. Austin president, said. In fact, it has not happened in about 35 years."

And it's a first for the Austin school.

The $334 million complex will transform about eight blocks of downtown Austin.

"This is really a very forward-thinking effort to make sure that we're taking care of the health of our community for the next coming decades," Patricia Young Brown with Central Health said.

The Dell Medical School partners U.T. with the Seton Healthcare Family and the county's Central Health District.

"These are monumental efforts, but at the end of the day, these efforts, they're going to save lives, Francisco Cigarroa, U.T. System Chancellor, said. It's going to prepare a generation of physicians and health professionals that will be second to none."

One primary mission of the teaching hospital will be to serve uninsured patients.

"Adding the medical school with the four-year students, that will also increase the number and types of services that can be made available to our patients," Young Brown said. "This new medical school is an effort and an opportunity to train physicians to provide care in ways we have not done so in the past."

But most of all, prepare students for the future of healthcare.

More:

UT Regents approve $334M medical school plan