Florida Polytechnic Proposes $75.5M SFP Campus Partnership
Florida Board of Governors, State University System of Florida | State of FloridaState · Tallahassee, FL- Disclosed value
- Project cost estimated at $65M-$75.5M; borrower fee of $75,000 in the first year, escalating 3% annually; projected University ground-lease income has a net present value of approximately $44M
- From staffreport
- Document date
- Nov 6, 2026
The 30-second brief
The Board of Governors is being asked to authorize Florida Polytechnic University’s public-private partnership with SFP – Solaris, LLC. SFP would develop and operate a 600-bed housing facility, dining hall, parking, and related infrastructure under a 50-year ground lease, with estimated project costs of $65M-$75.5M.
Sfp – Solaris LLC holds this facilities contract with Florida Board of Governors, State University System of Florida | State of Florida. Its other public contracts on record include work for Florida Board of Governors Facilities Committee | State of Florida and Florida Polytechnic University.
Term as filed: 50-year ground lease; University payments for the Dining component are sized to debt service, and Parking construction costs are repaid over 12 years.
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Contract details
- Contract type
- Facilities
- Amount
- Project cost estimated at $65M-$75.5M; borrower fee of $75,000 in the first year, escalating 3% annually; projected University ground-lease income has a net present value of approximately $44M
- Document date
- November 6, 2026
- Term
- 50-year ground lease; University payments for the Dining component are sized to debt service, and Parking construction costs are repaid over 12 years
- 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, State University System of Florida | State of Florida contracts
Questions about this contract
Who was awarded the facilities contract by Florida Board of Governors, State University System of Florida | State of Florida?
Sfp – Solaris LLC was awarded this facilities contract by Florida Board of Governors, State University System of Florida | State of Florida, as recorded on November 6, 2026. The contract value is Project cost estimated at $65M-$75.5M; borrower fee of $75,000 in the first year, escalating 3% annually; projected University ground-lease income has a net present value of approximately $44M.
How much is the Sfp – Solaris LLC contract with Florida Board of Governors, State University System of Florida | State of Florida worth?
The Sfp – Solaris LLC contract with Florida Board of Governors, State University System of Florida | State of Florida is valued at Project cost estimated at $65M-$75.5M; borrower fee of $75,000 in the first year, escalating 3% annually; projected University ground-lease income has a net present value of approximately $44M, 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, State University System of Florida | 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, State University System of Florida | State of Florida currently buying?
Explore Florida Board of Governors, State University System of Florida | State of Florida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.