Summary:
- The University of Tampa is pursuing up to $150 million in bond financing for a new student housing development at 110 South Boulevard, marking the first public disclosure of the project’s financial scope.
- Tampa City Council will consider authorizing bonds on June 18 for the 11-story, 238-unit, 833-bed project, which includes ground-floor dining and student services, following council approval of the development in March.
- The university is partnering with student housing developer RISE to address the shortage of affordable student housing, with on-campus rents around $800 per bed compared to approximately $1,600 for off-campus apartments.
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