New “Village” at University of South Florida Will House Over 2,150 Students by 2018
Finfrock Construction, Inc. recently signed a contract with Capstone Development Partners in conjunction with The University of South Florida to build new student housing that will replace an existing housing complex built in the 1960s.
The project, a $134 million public-private partnership with Capstone Development Partners and Harrison Street, is the largest public-private partnership student housing project approved by the Florida Board of Governors in the history of the state university system, according to USF. The first phase includes 900 beds and will be complete in time for fall semester, 2017. The second phase will be complete one year later. The housing will eventually accommodate over 2,150 students and be part of “The Village,” a community featuring five student housing buildings comprised of suite-style and traditional hall style accommodations, a dining hall, wellness facility, outdoor pool and retail spaces.
“We are thrilled to be part of this important project for USF and its students,” said William Finfrock, President of FINFROCK. “Construction is going well on Phase I and we anticipate topping out the first two buildings in early December, 2016, after a July 2016 groundbreaking. This project is also noteworthy for FINFROCK as it is our largest ever contract.” Following the work on the Northview Student Housing Project for the University of Central Florida in 2012, the University of South Florida Housing Project solidifies FINFROCK’s leadership position in the student housing industry.
“We are extremely pleased with the progress of Phase I of The Village,” said Ana Hernandez, Assistant Vice President of Housing and Residential Education at the University of South Florida. “Our students are excited about the transformation of our campus housing and we anticipate “The Village” will support on-campus engagement and enhance student success at USF for generations to come.”
FINFROCK is an independently owned group of Florida corporations headquartered in a 93-acre complex in central Florida. The companies, Finfrock Design, Inc., Finfrock Industries, Inc., and Finfrock Construction, Inc., offer complete design-build services for student housing, multi-unit residential, hotel, mixed-use, office buildings and parking garages. Customers include private owners, developers, construction managers and governmental agencies.