Fletcher District P3 Project

ľ¹ÏÊÓÆµ Fletcher District Public-Private Partnership Project

Rendering of Street View of Fletcher District

Intersection of Fletcher Ave. and ľ¹ÏÊÓÆµ Genshaft Dr.
Conceptual depiction. Final design subject to change.

Welcome

Marking a bold new chapter in the University of South Florida’s nearly 70 years of innovation and growth, the Fletcher District is a transformative project that will create a vibrant new destination on the Tampa campus. This project reimagines 27 acres of the 138-acre former golf course into an appealing mixed-use district where ľ¹ÏÊÓÆµ Bulls can live, work, learn and play.

The Fletcher District project is located on the north side of Fletcher Avenue, east of North 46th Street and west of the ľ¹ÏÊÓÆµ Forest Preserve. 

 

Reimagining Campus Life

With residential offerings for students, faculty, staff and alumni, the Fletcher District will become home to many. Its retail spaces will offer exciting opportunities for businesses to thrive in a premier location, catering to the local community and visitors. The academic/research building will provide essential instructional and laboratory spaces for ľ¹ÏÊÓÆµâ€™s students and world-renowned faculty. The hotel and conference center will offer modern guest accommodations and dynamic spaces ready to host a cybersecurity summit, a medical research symposium, or serve as the perfect setting for an alumni wedding reception. Guest rooms on the south side of the hotel will have an impressive view of ľ¹ÏÊÓÆµâ€™s new on-campus stadium set against the downtown Tampa skyline in the distance.

Through a Master Development Agreement with ACE Fletcher, LLC, an entity comprising Capstone Development Partners, Capstone Communities, Aureate Development and Ellison Development, the university is leveraging a public-private partnership (P3) model. This approach combines private funding and leasing agreements that are beneficial to all parties. This partnership enables the University of South Florida to bring its bold vision into focus, allowing it to take not just a step, but a leap forward.

Aerial view of district property with labelsCorner of Fletcher Ave. and N 46th St.
Conceptual depiction. Final design subject to change.

 

DISTRICT HIGHLIGHTS & AMENITIES: PHASE ONE

Live » Work » Learn » Play » in the Fletcher District

The information provided is based on pre-construction concepts and preliminary estimates. All descriptions, calculations and estimates are subject to change as the project develops.


Rendering of Student Housing

Undergraduate Student Housing

A unique housing option for upper-division students seeking an outstanding balance of privacy and community. 

  • 696 beds
  • 1, 2, and 4 bedroom units with a private bathroom for each bedroom.
  • 335,000 square feet

Rendering of Family Housing

Multi-Family Housing

A convenient on-campus housing option for graduate students, ľ¹ÏÊÓÆµ employees, lifelong learners, alumni and other community members.

  • 150 1,2 and 3 bedroom apartments (unfurnished)
  • 159,160 square feet
  • Potential to add 150 cottage-style units

Rendering of Hotel/Conference Center

Hotel and Conference Center

A full-service hotel to welcome visitors to the university and the surrounding community.

  • 150 hotel rooms
  • 78,000 square feet
  • 5,000 square feet of conference space

Rendering of Retail Space

Retail and Restaurants

A curated collection of retail and dining options designed to foster an active and engaging district environment.

  • 60,000 square feet of retail space
  • 4-6 restaurants

Rendering of Academic/Research Building

ľ¹ÏÊÓÆµ-Developed Academic/Research Building

A new facility developed by the university to support its core mission and strategic goals.

  • Approximately 350,000 square feet

Rendering of Green/Recreational Space

Green & Recreational Space

Beautifully designed green spaces and recreational areas will be integrated throughout the district.

 

Project Timeline

2024

May – ľ¹ÏÊÓÆµ issued the public Stage 1 Intent to Negotiate (ITN) for potential master developers

September – ľ¹ÏÊÓÆµ selected the most qualified candidates to proceed to Stage 2 of the ITN, during which they submitted proposals

2025

February – ľ¹ÏÊÓÆµ selected P3 Partners

Aug. 7 – Project Information was submitted to the Florida Board of Governors

Aug. 22 – Project presented to the ľ¹ÏÊÓÆµ Board of Trustees Finance Committee

Sept. 9 – ľ¹ÏÊÓÆµ Board of Trustees votes on resolution of support

Nov. 6 – Florida Board of Governors votes on project approval

2026

Construction Begins

2028

Phase one district opens