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University Construction Exceeds $100 Million

Published: February 07, 2002
The University’s trustees in late January approved a $27-million bond issue that will be used to finance the next phase of the campus master plan, bringing the total construction on campus to more than $100 million since 1995.

While the plan involves construction and renovation projects beyond the end of the current decade, this next phase will provide sorely needed residence hall and parking space for UT’s growing student population.


About $16 million will be used for a 490-bed, 163,000-square- foot residence hall on the site of the current tennis courts.  This eight-story facility will be the first structure on what eventually will become the Grand Lawn, although the current soccer field, track, and baseball fields will remain for a few years.  


Completion date for the new hall is set for the fall of 2003.  The construction company that will build the new residence hall is BECK.

The new residence hall will be apartment style with each unit having four single bedrooms, a living room area, a kitchen and a bathroom.


Later this spring, ground will be broken on the $6-million first phase of the new parking deck that will include 900 spaces in six stories.


The completion date is set for August of this year, in time for the start of fall classes.  


Finfrock, an Orlando company, is the general contractor.


A third project will include the first phase of an extensive renovation of McKay Hall, a 30-year-old residence hall on the banks of the Hillsborough River.


The remaining bond funds will be used for fees, permits, debt service reserve and other mandatory expenditures of the bond issue.


In the last seven years, the University has spent $80 million on three new residence halls, a student life center, a college of business building, covered parking garage and renovation of existing facilities.  More than 75 percent of student housing has been replaced to accommodate seven consecutive years of record incoming classes.


For more information, contact the Office of Public Information at