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Capstone Partners with Florida Polytechnic for On-Campus Dorms
Florida Polytechnic University is starting construction of its third student residential building on its Lakeland campus to expand its on-campus housing offerings and keep pace with the school’s demand and enrollment growth. The university is partnering with Capstone Development Partners to provide efficiencies in speed of delivery and design.
Residence Hall III will be a five-story, 137,000-square-foot dormitory with 430 beds in one-, two- and four-bedroom suites. The project is expected to be completed by fall 2024 at a total cost of $42 million. It is financed with a tax-exempt public bond issued by the state on behalf of the State University System and will be the first dorm owned by Florida Poly.”
The design-build team includes architectural firm Design Collective and nationwide construction company Clancy & Theys. Capstone Management Partners will provide operations and maintenance services for the new residence hall.
- ◦Development