USF Taps Skanska for $41M Tower

Construction of the education and research high-rise is expected to begin next month with an anticipated completion date of December 2019.

Rendering of USF Tower
USF Tower Rendering

The University of South Florida hired Skanska to build the $41 million Morsani College of Medicine and Heart Institute tower in Tampa, Fla. The project is part of Strategic Property Partners LLC’s $3 billion, 9 million-square-foot Water Street Tampa project.

USF’s 14-story education and research tower will be approximately 409,000 square feet. It will be situated in an urban setting within downtown Tampa. Construction is expected to begin next month with an anticipated completion date of December 2019.

A $3B LIVE-WORK-PLAY COMMUNITY

The Water Street project will also consist of thousands of new residences; roughly 3 million square feet of office, retail, restaurant and entertainment space; a 500-key hotel that may carry the JW Marriott flag; and a 157-key boutique lodging property at the completion of its first phase, in 2020.

Skanska recently topped out CBRE’s Johns Hopkins All Children’s Hospital Research & Education Building in Tampa.