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UWF to build hotel, conference center
The University of West Florida is moving forward with plans to build a hotel, conference center, and additional student housing.
On Tuesday, the town of Century signed off a 40-million dollar bond issue that will put that plan into action.
A private developer will build the project on 18 acres of land near the east entrance of the campus.
UWF will own the land and execute a 50-year lease with the developer.
The university will get a percentage of gross revenue generated from the development.
After the 50-year lease is up, the Univeristy of West Florida Business Enterprises, Incorporated will own the improvements.