Construction Underway on 430-Bed Residence Hall Project at Florida Polytechnic University

Lakeland, Fla. — Construction is underway on a 430-bed residence hall project located at Florida Polytechnic University in Lakeland. The community is being developed through a public-private partnership with Capstone Development Partners. A topping out ceremony for the project was held on Feb. 13. The 137,000-square-foot development will offer one-, two- and four-bedroom units, alongside shared amenities including lounge and study space, a large multi-purpose room, offices and an interior courtyard. The five-story project is expected for delivery in fall 2024. The $42 million development is being financed through tax-exempt public bonds issued by the state of Florida on behalf of the State University System. Capstone Management Partners will provide operations and maintenance services for the residence hall. The project’s design-build team includes Design Collective and Clancy & Theys.