Ground Lease to Strategic Facilities Partners for P3

Florida Polytechnic University Board of Trustees plans to enter into a 50-year ground lease with Strategic Facilities Partners to design, build, finance, operate, and maintain a 600-bed residence hall, new dining hall, structured parking, and related infrastructure under a public-private partnership structure. Project revenues will support student housing revenue bonds issued through a conduit authority.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

50-year ground lease

Renewal

Ground Lease term is fifty years from commencement; at expiration or earlier termination title to improvements automatically vests in the University Board of Trustees at no cost.

Document type

AgendaPacket

Source document

Florida Polytechnic University Board of Trustees Meeting Agenda Packet 2026-08-11

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Florida Polytechnic University?

Strategic Facilities Partners was awarded this facilities contract by Florida Polytechnic University, as recorded on August 11, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Florida Polytechnic University Board of Trustees Meeting Agenda Packet 2026-08-11 (AgendaPacket), dated August 11, 2026 from Florida Polytechnic University. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Strategic Facilities Partners hold?

Strategic Facilities Partners may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Florida Polytechnic University currently buying?

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