Fletcher District P3 Project
USF Fletcher District Public-Private Partnership Project
Intersection of Fletcher Ave. and USF 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 USF 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 USF 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 USF’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 USF’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.
Corner of Fletcher Ave. and N 46th St.
Conceptual depiction. Final design subject to change.
DISTRICT HIGHLIGHTS & AMENITIES: PHASE ONE
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.
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
Multi-Family Housing
A convenient on-campus housing option for graduate students, USF 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
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
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
USF-Developed Academic/Research Building
A new facility developed by the university to support its core mission and strategic goals.
- Approximately 350,000 square feet
Green & Recreational Space
Beautifully designed green spaces and recreational areas will be integrated throughout the district.
Project Timeline
2024
May – USF issued the public Stage 1 Intent to Negotiate (ITN) for potential master developers
September – USF selected the most qualified candidates to proceed to Stage 2 of the ITN, during which they submitted proposals
2025
February – USF selected P3 Partners
Aug. 7 – Project Information was submitted to the Florida Board of Governors
Aug. 22 – Project presented to the USF Board of Trustees Finance Committee
Sept. 9 – USF 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