USF Breaks Ground on $500M Mixed-Use Venture

News| September 21, 2026| Mike Boyd

Florida & Gulf Coast + Apartment Buildings

The University of South Florida (USF) and its development partners have broken ground on the $500 million first phase of Uptown Landing, a new mixed-use project in Tampa, within walking distance of the planned USF on-campus football stadium.

The first phase of the project comprises 30 acres and will include 717 beds of student housing; 152 apartments reserved for graduate students and USF employees; four to six restaurant venues; 68,000 square feet of retail space; a hotel and conference center and academic research facilities.

The project will be delivered through a master development agreement with ACE Fletcher, a partnership between Capstone Development Partners, Aureate Development and Ellison Development. The project team also includes Provident Resources Group, CBI Construction, Baker Barrios Architects and Kimley-Horn.

Funding for the project includes $270 million in tax-exempt bond financing for the student housing, hospitality, restaurant and retail uses, as well as a roughly $225 million investment for the Translational Research Institute.

The first phase is expected to open in fall 2028. USF expects the football stadium to deliver in 2027.

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