On-Campus Stadium

The University of South Florida Board of Trustees approved spending $348.5 million for the stadium, with plans to expand it in size and possibly go beyond offering just college football.

The cost to build USF's new on-campus football stadium — currently approved for $340 million — might go up.

Before the 35,000-seat stadium goes up, Sycamore Fields will be relocated to a research park elsewhere on campus. A parking lot and fitness trail will be built nearby.

The USF Board of Trustees released the first renderings of the on-campus stadium.

If all goes as planned, the $340 million stadium will be finished in time for the 2026 football season.

The USF Board of Trustees Finance Committee voted unanimously to spend $140 million and take on $200 million of debt for an on-campus football stadium.

A proposal a USF Board of Trustees committee is set to take up estimates a 35,000-seat football stadium on the Tampa campus would cost $340 million to build.

A contract obtained by the Tampa Bay Times through a public records request indicates USF is spending $14.8 million on a design-build agreement with a construction company.

The USF Board of Trustees approved up to $22 million for the design phase of the project.

The University of South Florida held the inauguration for USF alumna Rhea Law on Thursday.

The university will put out an "invitation to negotiate" in the next month to select a design and build team for the project.

Rhea Law, a Tampa lawyer who previously served as chair of USF's Board of Trustees, is the first alum to lead the university.