UCF Downtown

Rick Scott OKs $20 million for UCF Downtown

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UCF Downtown officially is really a go: Gov. Rick Scott approved $20 million in state funds for the project.
“This is one of the most important milestones in University of Central Florida’s history. We appreciate Gov. Scott’s support and his sharing our belief that UCF Downtown will transform the lives of our students and the future of our community. UCF, Orlando and the state will benefit from this decision for decades to come,” said UCF President John Hitt in a prepared statement.
Scott’s support comes after the State University System of Florida Board of Governors approved the project.
UCF is seeking $20 million from the 2016-17 state budget given it announced last September it wanted to fund the work in a divided manner. State funds will provide one-third of the cost the first $60 million academic building of the campus, which is slated for 15 acres at the intersection of Livingston Street and Parramore Avenue. UCF money and private donations will fund the remainder.
The campus is predicted to enroll 7,700 UCF and Valencia College students by opening day in fall 2018. It is also likely to create a $205 million annual economic impact and 2,000 new direct and indirect jobs.
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