The Florida A&M University (FAMU) Board of Trustees Budget, Finance and Facilities Committee voted today to approve a predevelopment agreement and update to the campus’ master plan that will allow the University to move forward with preliminary site due diligence in preparation for construction of new transformational facilities that will offer state-of-the-art housing and new parking options and eventually mixed-use and retail spaces, and a new athletics facility. The project will go before the full board tomorrow, March 8.
The first phase of the project would likely come online in 2020 and will provide 500 renovated spaces for student housing and 200 new ones. Adding700 affordable and modern spaces to the current active University housing portfolio.
The proposed public-private partnership project will serve as a catalyst project along the Monroe‐Adams Corridor and the “main street” of campus to resolve critical housing issues, aesthetic concerns, and simultaneously create a viable marketplace that could promote the long-term sustainability of the University.
Architecture, facilities and construction engineering students from FAMU’s School of Architecture and Engineering Technology will also have a chance to work on the project.
During the meeting, trustees and staff commented that the project is essential to the forward movement of the University and the fulfillment of the University’s new strategic plan, “FAMU Rising,” which focuses on offering exceptional student experiences, first-class business infrastructure, outstanding customer experiences, and transformative, alumni, community and business engagement.