Florida Polytechnic Partnership Recommended for SFP Solaris
Florida Board of Governors Facilities Committee | State of FloridaState · Tallahassee, FL- Disclosed value
- $65M-$75.5M aggregate project cost; $75,000 borrower fee in the first year, escalating 3% annually; approximately $44M projected ground lease income to the University over the lease term
- From staffreport
- Document date
- Nov 6, 2026
The 30-second brief
The Board of Governors Facilities Committee recommended authorizing Florida Polytechnic University to enter into a public-private partnership with SFP – Solaris, LLC. The approximately $65 million-$75.5 million project will include student housing, a dining hall, parking, and related infrastructure under a 50-year ground lease.
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.
Term as filed: 50-year ground lease; University parking payments over 12 years; construction anticipated to begin December 2026 with opening in August 2028.
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Contract details
- Contract type
- Facilities
- Amount
- $65M-$75.5M aggregate project cost; $75,000 borrower fee in the first year, escalating 3% annually; approximately $44M projected ground lease income to the University over the lease term
- Document date
- November 6, 2026
- Term
- 50-year ground lease; University parking payments over 12 years; construction anticipated to begin December 2026 with opening in August 2028
- Vendor
- Sfp – Solaris LLC
- Source document
- State University System of Florida Board of Governors StaffReport Authorization of Public-Private Partnership – Florida Polytechnic University 2026-11-13 (StaffReport)
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 November 6, 2026. The contract value is $65M-$75.5M aggregate project cost; $75,000 borrower fee in the first year, escalating 3% annually; approximately $44M projected ground lease income to the University over the lease term.
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 $65M-$75.5M aggregate project cost; $75,000 borrower fee in the first year, escalating 3% annually; approximately $44M projected ground lease income to the University over the lease term, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in State University System of Florida Board of Governors StaffReport Authorization of Public-Private Partnership – Florida Polytechnic University 2026-11-13 (StaffReport), dated November 6, 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.