CONTRACTPENDING

University Plans 50-Year Ground Lease With SFP Solaris

Florida Board of Governors Facilities Committee | State of Florida logoFlorida Board of Governors Facilities Committee | State of Florida
Disclosed value
Approximately $101.7M in Housing Revenue Bonds financing the Project; approximately $4.5M parking construction cost contribution
From report
Document date
Sep 18, 2026

The 30-second brief

What it covers

Florida Polytechnic University plans to lease approximately seven acres to SFP – Solaris, LLC for a housing, dining, and parking public-private partnership. The 50-year ground lease will support an approximately $101.7 million bond-financed project, with ownership of improvements reverting to the University at lease expiration or earlier termination.

Who holds it

Sfp – Solaris LLC holds this facilities contract with Florida Board of Governors Facilities Committee | State of Florida. Its other public contracts on record include work for Florida Board of Governors, State University System of Florida | State of Florida and Florida Polytechnic University.

What happens next

Term as filed: Ground lease term of 50 years; bond debt term of 40 years with final maturity in 2067.

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Contract details

Contract type
Facilities
Amount
Approximately $101.7M in Housing Revenue Bonds financing the Project; approximately $4.5M parking construction cost contribution
Document date
September 18, 2026
Term
Ground lease term of 50 years; bond debt term of 40 years with final maturity in 2067
Source document
State University System of Florida Board of Governors Report Florida Polytechnic University Housing Phase IV and Dining Facility P3 Project Summary 2026-09-18 (Report)

Sfp – Solaris LLC's other public contracts

More Florida Board of Governors Facilities Committee | State of Florida contracts

Questions about this contract

Who was awarded the facilities contract by Florida Board of Governors Facilities Committee | State of Florida?

Sfp – Solaris LLC was awarded this facilities contract by Florida Board of Governors Facilities Committee | State of Florida, as recorded on September 18, 2026. The contract value is Approximately $101.7M in Housing Revenue Bonds financing the Project; approximately $4.5M parking construction cost contribution.

How much is the Sfp – Solaris LLC contract with Florida Board of Governors Facilities Committee | State of Florida worth?

The Sfp – Solaris LLC contract with Florida Board of Governors Facilities Committee | State of Florida is valued at Approximately $101.7M in Housing Revenue Bonds financing the Project; approximately $4.5M parking construction cost contribution, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a report record.

Where was this contract approved?

This contract appears in State University System of Florida Board of Governors Report Florida Polytechnic University Housing Phase IV and Dining Facility P3 Project Summary 2026-09-18 (Report), dated September 18, 2026 from Florida Board of Governors Facilities Committee | State of Florida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Sfp – Solaris LLC hold?

Sfp – Solaris LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Florida Board of Governors Facilities Committee | State of Florida currently buying?

Explore Florida Board of Governors Facilities Committee | State of Florida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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