State board approves financing plan for USF's $340 million on-campus stadium

The University of South Florida is one step closer to getting an on-campus stadium, with the Florida Board of Governors voting in favor of the financing plan for the building, USF officials say.

The facility is slated to open in the fall of 2026. 

The presentation was led by USF board chair Will Weatherford and USF President Rhea Law, who detailed the plans for the 35,000-seat stadium by saying "how the project will positively impact the university community and broader Tampa Bay region as it hosts USF football and women's lacrosse, as well as concerts and other events."