USF Fletcher District P3 Project

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 creates a 27-acre 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. 

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.