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Duo to Build 3,000 Beds for USF Student Housing
Core Spaces and RD Management are partnering to bring multiple new mixed-use residential projects to Rithm, in Tampa’s Uptown District. Once complete, Rithm will be one of the largest innovation communities in the state, with a capacity for over 7 million square feet of development, including over two thousand residential units.
The phased development will include up to 3,000 student housing beds, 150 conventional units and 10,000 square feet of retail. The project will house students from The University of South Florida.
The first phase of development, Hub II, will feature over 400 units and 1,300 student housing beds and a roughly 800-stall parking garage. Construction will begin in fall 2024, and the project is expected to be completed in fall 2027. The other phases (Hub III and Hub IV) will include over 700 beds and 800 beds, respectively. The different phases will be delivered between 2027 and 2030.
- ◦Development