The price tag of the University of South Florida’s new football stadium that is set to be built on the Tampa, Florida campus has been revealed.
According to Matt Baker of the Tampa Bay Times, USF’s proposed budget for the stadium would be a total of $340 million. The university is proposing paying for $140 of that $340 million and financing the remaining $200 million over a 20-year window according to the report.
According to WUSFnews, an on-campus public media organization, previous proposals for the Bull’s new stadium ranged between $300 and $350 million.
The projected capacity for the new stadium is set to be 35,000 and will be located on the east side of the university’s campus.
Earlier this spring, the university’s board of trustees approved $22 million to be put toward the design of the new stadium. The plans would be created by Barton Marlow and Populous, a sports and entertainment architecture and building firm which has worked on multiple projects such as the Atlanta Brave’s Truist Park and renovations completed at Camping World Stadium in the city of Orlando.
The university is currently hoping to have an on-campus stadium completed prior to the beginning of the 2026 season. The USF Bulls have played their home games at Raymond James Stadium, the home of the Tampa Bay Buccaneers since 1998.
Three new stadiums have opened at the FBS level since 2020, the newest being San Diego State’s SnapDragon Stadium which is located near the former location of San Diego Stadium (also known as Jack Murphy Stadium and Qualcomm Stadium) in San Diego. It was built with a construction cost of $310 million.