The University of South Florida Board of Trustees has approved a revised plan for a $348.5 million stadium on the Tampa campus.
The university says that since the board’s initial approval in 2023, the school has added to the project’s scope. This includes design and structural upgrades for potential future stadium expansion beyond the current expected seating capacity of approximately 35,000, build-out of academic space in the facility, vertical expansion of the Tampa General Hospital Center for Athletic Excellence, and enhanced locker room amenities, in addition to the general cost of goods increasing over the past two years.
The funds added to the project will come from interest earnings on the $200 million in financing previously issued by the USF Financing Corp.
Since the formal groundbreaking ceremony for the stadium in late 2024, site preparation has been ongoing. The project team will now move forward with additional clearing at the site in May with full construction set to pick up shortly after. The construction schedule calls for final inspections to be completed in spring 2027, with USF moving into the facility over the summer in preparation of hosting the first events in fall 2027.
Image: Populous
