The University of Central Florida’s downtown campus plan is up for discussion this week. On Wednesday, UCF will present its plan to the Board of Governors, which oversees state universities.
The new campus in Orlando’s Creative Village will accommodate 7,700 UCF and Valencia College students.
The building has a price tag of $60 million, with the cost split three ways. The university will pay $20 million, it’s asking the state to chip in $20 million, and the rest will come from donations.
The City of Orlando has also committed nearly $70 million in land and infrastructure for the project.
The plan has to be approved by the Board of Governors. It also hinges on Gov. Rick Scott’s sign-off on state funding. Last year, Scott vetoed state funds for the project.